The United States and China have been investing large amounts of capital in artificial intelligence (AI) for years, with many of the resulting applications being in the military domain. The…
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China admits it has massive shadow debts – creating a headache for the EU and UK, and a threat to their public credit ratings
by Bob Lyddonby Bob LyddonIntroduction The stimulus package for the Chinese economy, presaged by the People’s Bank of China in late September, has disappointed in its size and detail, but it has achieved something…
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The European debate Last March, the European Parliament approved new rules on the weight and size of trucks: the total weight of single vehicles is now 44 tons (it…
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China’s loosening of monetary policy is so small it could be missed but it both apes the mistakes of other central banks, and breaks the global agreements it has made with them
by Bob Lyddonby Bob LyddonIntroduction In September, the Chinese authorities announced a package of measures to stop the fall in real estate prices, encourage investment in assets other than real estate, and bolster share…
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Vice President Kamala Harris recently unveiled her “Opportunity Economy” plan, a mix of populist and regulatory measures that intends to address the economic challenges that disproportionately affect middle-and low-income families.…
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While campaigning in Flint (MI), former President Donald Trump was asked how he would tackle rising food prices. In response, he suggested that import tariffs would do the job, and…
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Economic indicators are confused – but a ‘soft landing’ looks less likely than a few months ago
by Bob Lyddonby Bob LyddonIntroduction Governments and central banks have pinned a lot of their credibility on returning the world economy, after the Pandemic and the inflation shock, to an orderly picture of inflation…
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In recent years, the gig economy has dramatically reshaped the nature of work across the European Union. Platforms like Uber, Deliveroo, and Upwork have provided flexible opportunities to millions who…
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Youth unemployment remains a significant global issue, with young people consistently overrepresented among the jobless. With more than 64 million unemployed youth worldwide and 145 million young workers living in…
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As public awareness of AI and machine learning technologies has grown, so has the demand for ethical safeguards and increased transparency. In response, the European Parliament introduced the AI Act,…
