While much of Europe and the US are struggling with stagnant economic growth, it’s a different story in Africa. The International Monetary Fund is forecasting GDP growth of 4% on the continent.
Las Vegas. The city of bright lights and even brighter dreams. A place where extravagant architecture, iconic landmarks and casinos reign supreme.
Only three out of ten adults in the USA are able to correctly name all six uses of artificial intelligence (AI) asked for in the survey. This is the result of the study conducted at the beginning of 2023 by the Pew Research Center, which deals with opinion polls and demographic research.
The vehicle battery is a linchpin in the fight against climate change. The global shift to electromobility shows the importance of raw materials that have not yet been mined in large quantities. Lithium, in particular, is the subject of debate.
In an era marked by rapid advancements and unprecedented global changes, the Innovation & Technology (I&T) sectors are transforming more than just economies—they are altering the very fabric of our societies. From biotechnology breakthroughs to the rise of artificial intelligence, these sectors are creating investment avenues that didn't exist a decade ago. For Ultra High Net Worth Individuals (UHNWIs) and High Net Worth Individuals (HNWIs), these developments pose opportunities and challenges that are impossible to ignore.
If systems like GPT and ChatGPT can deliver on the features promised by their makers, they might have a substantial influence on the employment market, according to a group of Goldman Sachs analysts in a research paper shared with CNET recently. This trend may be recognised, notably in the United States. But, can Articial Intelligence (AI) actually endanger jobs?
Since the beginning of the Corona pandemic, the richest people in the world have become even richer, according to the Oxfam organisation. The wealth of billionaires has increased by 42 percent. At the same time, more than a quarter of a billion people worldwide are at risk of falling into extreme poverty this year. This is the conclusion of the Oxfam organisation in its report evaluating the state in 2022.
Private household wealth has declined for the first time since the financial crisis. Dollar appreciation, inflation, and stock market declines over the past year all had a role in setting the stage for this. This is the finding of the Credit Suisse Research Institute's first-ever presentation as a part of UBS of what is likely the most thorough research of global wealth creation.

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