Video games at work? It sounds fun, but there are ethical risks
Gaming might be thought of as a fun and frivolous hobby. The video game industry generates huge amounts of money, but it does little to improve the world.
Removing PFAS from public water systems will cost billions and take time – here are ways you can filter out harmful ‘forever chemicals’ at home
PFAS are showing up in water systems across the U.S. Jacek Dylag/Unsplash, CC BYChemists invented PFAS in the 1930s to make life easier: Nonstick pans, waterproof clothing, grease-resistant food packaging and stain-resistant carpet were all made possible by PFAS.
Demand for cost-of-living measures intensifies as opposition backs strike
The skyrocketing cost of basic goods and lagging wages are at the centre of demands by unions which have gone on strike demanding for more effective government interventions.
Japan: the yen plunges to 34-year low despite interest rate hike
sweet_tomato/ShutterstockThe Bank of Japan (BoJ) raised interest rates for the first time in 17 years on March 19, bringing an era of negative interest rates to an end. The key rate was hiked from –0.1% to a band from zero to 0.1% – a token effort to offer some tightening after decades of loose but unsuccessful monetary policy.
AI has the power to revolutionise lending, but at a cost to people with lower credit scores
'Computer says yes.' Thongden StudioAs artificial intelligence (AI) steadily increases its hold on the global economy, one of many areas ripe for disruption is consumer pricing. In situations where different consumers are offered the same product or service at different prices, it is now possible to take the discretion away from staff and use a computer to calculate the best price using a combination of historic pricing data, machine learning capabilities and algorithms.
More climate-warming methane leaks into the atmosphere than ever gets reported – here’s how satellites can find the leaks and avoid wasting a valuable resource
Far more methane, a potent greenhouse gas, is being released from landfills and oil and gas operations around the world than governments realized, recent airborne and satellite surveys show. That’s a problem for the climate as well as human health. It’s also why the U.S.
Foundations are using so many confusing words that few people can figure out what they’re doing
Talking about your 'theory of change' may not help make your point. Sergio Mendoza Hochmann/Moment via Getty ImagesThe United States has the largest philanthropic sector in the world.
Clare Lombardelli's CV and questionnaire for the Treasury Select Committee
Published for the Treasury Select Committee hearing on 16 April 2024
Government tones down fiscal pledges as tighter framework starts to bite
The tight fiscal framework imposed by the new Stability and Growth Pact rules and Greece's long-standing commitment to primary surpluses above 2 pct of GDP for decades are catching up with the Greek government, as the window that allowed for handouts and support initiatives thanks to the escape clause is now firmly closed.
Transactional demand for central bank digital currency
We shed light on the demand for a central bank digital currency (CBDC) as a means of payment, based on survey payment data. We provide a quantitative framework to assess transactional demand for CBDC at the point of sale, accommodating a wide range of design choices. We develop a structural model of payment means adoption and usage and estimate CBDC demand based on individuals’ preferences for payment method attributes.
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