Doğan Erbek

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European economies see the first effects of rising interest rates

In late 2021, central banks around the world began unwinding liberal monetary policy stances and taking the first steps towards quantitative tightening in a bid to fight record inflation. The European Central Bank started raising interest rates in July 2022 at an almost unheard of speed and scale, culminating in a rise of about 300 …

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Why greenwashing worries institutions

Greenwashing is a growing concern among consumers, investors and public institutions alike. In my opinion, it is a misleading and dangerous trend that undermines the progress towards a more sustainable economy. Greenwashing refers to the practice of making misleading claims about the environmental benefits of products, services or investments, often in order to boost sales …

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Strikes in the transport sector all over the world. Risks in the production supply chain are growing

Transportation is the single most critical element to functioning supply chains. 100% of goods produced globally must be moved from the point of manufacture to the final consumer – and an efficient transportation/logistics system is central to the smooth flow of these goods. Consequently, the growing transport sector strikes globally pose a risk to the …

Strikes in the transport sector all over the world. Risks in the production supply chain are growing Read More »

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AI Makes Finance Better, But Only When Combined with the Human Factor

Artificial Intelligence is sweeping through every industry globally, and finance is not left out. AI is assisting to speed up and improve processes in every area of finance, from how organizations manage their money to helping individual consumers make better investment decisions. As Forbes reports, 70% of finance firms employ AI applications like machine learning …

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A possible future for transport vessels

In its bid to combat climate-polluting emissions, the maritime industry has adopted all manner of cutting-edge technologies, from hi-tech alternative fuels to new and increasingly advanced ship engines. But the latest advancements in the sector have seen innovators turn the dial back to rely on a trusted ancient resource – wind energy. While seafarers first …

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Corporate devices are bigger climate polluters than data centers

While they are at the heart of the cloud revolution currently unleashing the potential of the internet, data centers are also notorious climate polluters. The sector has received immense scrutiny for years due to its resource-gobbling operations and significant concerns over the ecological impact it has on local communities. However, a recent report by McKinsey …

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Eco-Airship – The transport project of the future creating 1800 new jobs in South Yorkshire

A Bedford-based company has made history after signing a deal to produce and deliver ten 100-passenger helium airships. The deal, concluded between Hybrid Air Vehicles (HAV) and Spanish airline AV Nostrum, is expected to create 1,800 jobs in South Yorkshire and contribute to the UK’s sustainability goals. The Airlander 10 airships will be built at …

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Interest rate hikes fight inflation. Here’s how central banks have acted

Amid sharply rising global energy and food prices, inflation has threatened to spiral out of control worldwide, and this is prompting concerted action from major central banks. With inflation hitting multi-decade highs in most economies, central banks are responding by hiking interest rates at a similarly record-breaking pace. For instance, the Bank of England recently …

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Why are small businesses losing confidence in national economies?

In a survey conducted in November 2020, McKinsey & Co. found that roughly 80% of European small and medium-sized enterprises (SMEs) viewed their economy as “somewhat to extremely weak”. While the sentiment varied across national economies, SMEs in Italy and Spain were the least optimistic, while Germany had the most optimistic. Nearly two years later, …

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The human factor is essential in the financial relationship and can coexist with the digitalization process

With the rise of robo advisors, automated portfolios, and intelligent algorithms, artificial intelligence (AI) is making an effective (and intimidating) incursion into the financial sector. Tasks that would have previously fallen to hordes of analysts are increasingly being turned over to digital processes, with remarkably efficient results. And unsurprisingly, this reality is fuelling a growing …

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