The Fed and ECB have decided to keep interest rates unchanged after a period of consecutive hikes due to growing fears about the global economy. So what happens now? – Written by Seref Dogan Erbek
In recent years, humanity has witnessed a remarkable resurgence in space exploration. With increasing investments, ambitious lunar missions by countries like India and Russia, and the relentless technical expertise of private companies like SpaceX, we are standing at the threshold of a new era in the conquest of space. I believe the next 36 months …
The era of space conquest: a new frontier in exploration Read More »
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 have soared, leading to economic challenges for many European nations. The statistics are shocking: Spain and Italy have debt to GDP ratios of 120% and …
The fear of global public debt: a looming economic crisis in Europe Read More »
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 promises a future where AI plays a pivotal role in diagnosis, treatment, drug discovery, and personalized medicine. As we stand on the cusp of this …
The AI boom in healthcare sector: results and expectations Read More »
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 …
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 …
AI Makes Finance Better, But Only When Combined with the Human Factor Read More »
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 …
Interest rate hikes fight inflation. Here’s how central banks have acted Read More »
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, …
Why are small businesses losing confidence in national economies? Read More »
As the World Economic Forum reports, oil prices jumped above $110 per barrel in the weeks after Russia’s invasion of Ukraine. Likewise, natural gas prices more than tripled between mid-February and early March in reaction to the conflict, signaling how the war is affecting energy prices globally. But in the case of the Russia-Ukraine conflict, …
How important is Russian gas in the conflict with Ukraine? Read More »
There are strong arguments that uncertainty has been the defining economic feature of the past three years. From the US-China trade war to COVID-19 and the supply chain crisis of 2021, markets have been constantly up or down with remarkably few (and generally short) periods of stability in between. 2022 has only continued that trend …
Why will the uncertainty in markets continue for a long time? Read More »
