After years of largely unbroken (and record breaking) interest rate hikes, central banks around the world are finally catching their breaths with newly introduced rate cuts. – Written by Seref Dogan Erbek
The World Bank’s Global Economic Prospects report for 2024-25 provides a comprehensive analysis of the global economy’s current state and future trajectory. – Written by Seref Dogan Erbek
In 2023, carbon dioxide (CO2) emissions from energy use reached their highest levels on record, according to a report by the International Energy Agency (IEA). – Written by Seref Dogan Erbek
In a reversal of recent trends, the UN has found that the gap between rich and poor countries is steadily widening. This is according to the United Nations Development Programme (UNDP)’s 2023-24 Human Development Report published in March 2024. – Written by Seref Dogan Erbek
While many countries and regions around the world are moving away from cash to more and more innovative payment methods, the EU seems to be doubling down on cash.
We’re truly living in the future. Today, anyone can generate long pages of text, create images from scratch, or synthesize audio data using a few simple prompts. We can employ…
From wars to violent protests, worsening climate conditions, and economic disruptions, nations are grappling with numerous challenges that have contributed to a “predominantly negative outlook for the world over the…
The US Federal Reserve decided to keep interest rates unchanged following 11 consecutive rate hikes since March 2022, bringing the benchmark federal funds rate to a range of 5.25 per…
The specter of global public debt has become an ever-present concern haunting economies across Europe. In recent years, this fear has transformed into a stark reality as public debt levels…
AI has rapidly gained a strong foothold in the healthcare sector, transforming the way medical professionals deliver care and patients experience healthcare services. The intersection of advanced technology and healthcare…
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