The 20th edition of the World Economic Forum’s Global Risk Report paints a gloomy picture of the near-term future, as increasingly polarized societies face rising geopolitical tensions, mounting environmental challenges and technological advancements t…
Ahead of Wednesday’s CPI release, which is expected to show more signs of inflation stalling above the desired 2-percent target, a monthly report from the Federal Reserve Bank of New York showed that Americans are increasingly pessimistic about the mid…
With the election of Donald Trump as U.S. president at the beginning of November, the future of aid for Ukraine has been thrown into limbo. Trump has been an outspoken critic of U.S. military commitments abroad as part of his infamous claim to “make Am…
France’s snap legislative election on Sunday 7 July 2024 has resulted in a hung parliament, with no majority and instead will be shaped by three main political blocs. With 180 seats, the left-wing New Popular Front coalition unexpectedly became the lea…
As the Northern Hemisphere’s summer holiday season is in full swing, millions of tourists are heading towards Southern Europe to spend their summer vacation on the pristine beaches the region has to offer. With Covid-19 no longer a concern for most tra…
As has been widely expected after the latest economic data, the Fed decided to keep its policy rate steady for the seventh consecutive time at its June meeting, while also dialing back expectations for rate cuts in 2024. Following a two-day meeting of …
One of the reasons why people are so concerned with inflation is the fact that high inflation hits consumers right where it hurts: the wallet. In times of high inflation, when prices increase faster than nominal wages, real wages go down, meaning that …
While progress in the fight against inflation has stalled in the past 12 months, the inflation rate has come down significantly from its peak in June 2022. Looking at the steep decline of the inflation rate since then and hearing the talk about inflati…
As is the case with rapid population growth and urbanization in many so-called developing nations, waste management becomes a problem not only in rural areas but also in densely populated cities. A textbook example of this growth outpacing infrastructu…
Data published jointly by the OECD and market analytics platform Lightcast has found that few AI employers are asking for creators and developers of AI to have ethical decision making AI skills. The two research teams looked for keywords such as “AI et…