Economy

There’s great potential in maritime heritage

Leaders recently adopted the African Charter on Maritime Security, Safety and Development. Daily Nation By PAUL ODHIAMBO The charter has been developed at a time when African states are rethinking the potential of the blue economy in their territorial waters and… There’s great potential… Read More »

First Int’l Bank in Swiss unit sale talks

The advantage of confidentiality in Swiss banking has been eroded and banks frequently find no substantial added value to offer their customers. Irit Avissar First International Bank of Israel (TASE: FTIN), controlled by Zadik Bino, is in negotiations to sell its business in Switzerland. The bank… First Int’l Bank in… Read More »

NSW Government to give free training for Iraqi and Syrian refugees

The New South Wales Government is offering free training programs to Iraqi and Syrian refugees resettled in the state, in an effort to help them join the workforce. ABC Raveen Hunjan It has committed $27 million over four years toward programs that assist refugees in finding a job. Last year, the Federal Government promised to accept 12,000 refugees due to… NSW Government to give free training for… Read More »

China to fill trade vacuum left by Donald Trump

Donald Trump has thrust China into the driver’s seat on world trade by killing off the TPP, which may relieve Australian workers and consumers. Jackson Stiles President-elect Trump confirmed on Tuesday he will withdraw the US from Trans-Pacific Partnership negotiations on his first day in… China to fill… Read More »

Treasury warns Israel’s growth rate may not be sustainable

The Finance Ministry says new car purchases and Intel’s fab upgrade are among the main causes of recent high growth Globes Moshe Golan “The figures for the composition of growth in 2016 could indicate that the current growth rate is not necessarily sustainable,” the Ministry of Finance chief economist states in his… Treasury warns Israel’s… Read More »

80% of IT Jobs can be Replaced by Automation, and it’s ‘Exciting’

TAKING OVER IT Amidst the anxious grumbling of his audience at last week’s Structure Conference in San Francisco, billionaire Vinod Khosla asserted that 80% of jobs in an IT department could be replaced by AI-type… Author: Dom Galeon Editor: Patrick Caughill That, of course, is an…“I think that’s exciting,” added Khosla, founder of Sun Microsystems and Silicon Valley venture firm, Khosla Ventures. 80% of IT… Read More »

US dollar eases slightly after a week-long surge

US dollar eases slightly after a week-long surge | i24news – See beyond By Yoni Dayan ‘Now that we have a new administration on the way, the dollar’s rally has received a fresh dose of octane’ The US dollar eased slightly after a week-long surge pushed the… US dollar eases… Read More »

Can the European Project be Re-boosted?

The European project is at a critical juncture. According to the most recent Eurobarometer,[1] 36% of Europeans are opposed “to an economic and… Louka T. Katseli Progressive Economy Brexit is the most dramatic manifestation of a growing lack of trust in European institutions and their capacity to deliver observable benefits to the… The rise of extreme political parties in… Can the European… Διδάγματα από την Ελληνική κρίση – Εκδήλωση του ΔΟΒΕ προς τιμή του Γεράσιμου Αρσένη Lessons from the Greek Crisis “Policies, ... Read More »

Google commits to £1bn UK investment plan

Google is to open a new headquarters building in London which could see 3,000 new jobs created by 2020. Kamal Ahmed BBC The news comes as a major boost to Britain’s technology sector. Sundar Pichai, the chief executive of Google, told the BBC that the… Google commits to… Read More »

Why Morocco Is Investing in Africa

Morocco wishes to help its fellow African nations claim their due from the West. Ahmed Charai In a historic speech in the Senegalese capital Dakar Sunday, Moroccan King Mohammed VI laid out his country’s commitment to the continent of Africa, and… Why Morocco Is… Read More »

Mark Carney writes his own departure script

The governor of the Bank of England said he will step down in June 2019. By FRANCESCO GUERRERA LONDON — Mark Carney is going but not until after Brexit. Like all superstars, the photogenic governor of the Bank of England scripted his own exit from the U.K. political stage. After keeping politicians, investors, and… Mark Carney writes his… Read More »

Kristalina Georgieva to quit Commission for World Bank job

A source said the Bulgarian was frustrated with the ‘poisonous’ influence of Jean-Claude Juncker’s chief of staff. By RYAN HEATH Kristalina Georgieva resigned Friday as vice president of the European Commission to take a job as CEO of the World Bank, after becoming frustrated by the… Kristalina Georgieva to… Read More »

Belgian politicians drop opposition to EU-Canada trade deal

EU leaders hope deal will be signed as Belgian PM says leaders of five regional parliaments have reached an agreement Jennifer Rankin in Brussels European Union leaders have expressed hope of signing a trade deal with Canada after Belgian politicians overcame differences that had been blocking the treaty. The Belgian… Belgian politicians drop… Read More »