BT's transition from copper wiring to fibre-optic cabling is now reaching its end. SatawatK / ShutterstockArtificial intelligence (AI) is often cast as wreaking havoc and destroying jobs in reports about its growing use by companies.
UK government debt prices have taken an unnerving journey south in the past few days. The closely watched ten-year bond has now hit a yield of 4.3%, taking it within a fraction of the level that caused a crisis in autumn 2022.
President Recep Tayyip Erdoğan has ruled Turkey for the last 21 years. In the first few terms of his rule, Turkey experienced significant economic growth and a reduction in inequality.
Gorodenkoff/ShutterstockThe UK may have lost Eurovision this year, but it recently beat European rivals for an arguably more valuable prize.
People march with a banner that reads in Spanish 'Stop the adjustment, out with the IMF,' in Buenos Aires, Argentina on May 9, 2023. (AP Photo/Victor R. Caivano)In countries across the Global South, the launch of IMF programs often sparks considerable concern. This is because of the IMF’s reputation: during the 1980s, many nations in Africa, Asia and Latin America turned to the IMF seeking loans to mitigate economic challenges.
Three recent and very serious US bank failures – Silicon Valley Bank (SVB), Signature and First Republic – have one common denominator: all three businesses were audited by one of the world’s major professional services firms, KPMG.
Jan Kopriva/UnsplashBefore the pandemic, online grocery shopping was typically something younger and more affluent people living in cities indulged in. When COVID hit, though, the market exploded.
The Kazakh port of Aktau will be useful in the expansion of trade routes in the region. Matyas Rehak/ShutterstockAs G7 leaders were preparing for their recent summit in Japan, China’s president Xi Jinping hosted his central Asian counterparts from Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan.
Denis Belitsky/ShutterstockAnnual price inflation has recently fallen below double digits, but food costs are still rising rapidly. Official UK figures show food prices rose by 19.1% in the year to April 2023.
Budgeting for a rising cost of living.
