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Category: economics – Page 39

Russia’s invasion of Ukraine in February 2022 had a profound deep impact on the economy, inflating the prices of energy and food, with detrimental consequences for both individuals and companies worldwide. As a result, many governments, particularly in Europe, have been discussing the possibility of reducing their dependence on Russian energy.

Most of these ongoing discussions specifically focus on fossil fuel energy, leading to the gradual introduction of sanctions for purchasing Russian coal, oil, and gas. However, Russia is also a key global provider of nuclear power, particularly via a state-owned corporation called Rosatom.

Researchers at the Norwegian Institute of International Affairs (NUPI) have recently carried out a study investigating the activity and global portfolio of Rosatom and its subsidiaries. Their findings, published in Nature Energy, highlight the high degree of European dependency on nuclear energy produced by this company, raising important questions about the need to find alternative energy suppliers.

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The latest breakthroughs in artificial intelligence could lead to the automation of a quarter of the work done in the US and eurozone, according to research by Goldman Sachs.

The investment bank said on Monday that “generative” AI systems such as ChatGPT, which can create content that is indistinguishable from human output, could spark a productivity boom that would eventually raise annual global gross domestic product by 7 percent over a 10-year period.

But if the technology lived up to its promise, it would also bring “significant disruption” to the labor market, exposing the equivalent of 300 million full-time workers across big economies to automation, according to Joseph Briggs and Devesh Kodnani, the paper’s authors. Lawyers and administrative staff would be among those at greatest risk of becoming redundant.

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Play EVE Online: https://eve.online/Ridddle_EN

In this video, we explore the fascinating prospects of humanity becoming a proper interstellar civilization, up to Type III on the Kardashev scale. However, this transition process presents our species with a bunch of physical limitations, as well as societal and even biological implications. Many of them are quite unwanted or even ugly! We explore this vast topic by using the latest scientific models as well as the best science fiction worlds from books, TV shows, and even games. Speaking of which, to help us visualize this space-faring future with much-needed scale and fidelity, we turned to CCP Games — the creators of the massively multiplayer online game EVE Online. https://eve.online/Ridddle_EN. It is set in a rich sci-fi universe, where players can create their own character and explore a vast and complex virtual world built according to the well-thought set of consistent in-world rules The game is known for its intricate economy, politics, and warfare mechanics, where players can engage in a variety of activities, including mining resources, trading, building structures, and participating in battles. Quite frankly, the game feels like a real simulation of all those future endeavors humanity will face on the way to becoming a true interstellar species!

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Ambassador Dr. John-Arne Røttingen, MD, Ph.D. (https://www.bsg.ox.ac.uk/people/john-arne-rottingen) is Ambassador for Global Health, at the Ministry of Foreign Affairs, Norway, and a Visiting Fellow of Practice, at the Blavatnik School of Government, Oxford University.

Ambassador Dr. Røttingen has previously served as the Chief Executive of the Research Council of Norway; the founding Chief Executive Officer of the Coalition for Epidemic Preparedness Innovations (CEPI); Executive Director of Infection Control and Environmental Health at the Norwegian Institute of Public Health; founding Chief Executive of the Norwegian Knowledge Centre for the Health Services; Professor of Health Policy at the Department of Health Management and Health Economics, Institute of Health and Society, University of Oslo; and Adjunct Professor at the Department of Global Health and Population, Harvard T.H. Chan School of Public Health.

From 2020, Ambassador Dr. Røttingen also chaired the Executive Group and the International Steering Committee of the WHO Solidarity trial to compare four untested treatments for hospitalized people with severe COVID-19 illness. In early 2021, he was appointed by the G20 to the High Level Independent Panel (HLIP) on financing the global commons for pandemic preparedness and response. That same year, he was also appointed to the Pandemic Preparedness Partnership (PPP), an expert group chaired to advise the G7 presidency. From mid-2021, he was part of the Access to COVID-19 Tools Accelerator’s Vaccine Manufacturing Working Group.

Ambassador Dr. Røttingen received his MD and Ph.D. from the University of Oslo, an MSc from Oxford University and an MPA from Harvard University.

Continue reading “Dr. John-Arne Røttingen, MD, PhD — Ambassador for Global Health, Ministry of Foreign Affairs, Norway” | >

In 2015, European countries formulated the Sustainable Development Goals (SDG), which aimed to end TB by 2030. However, in September 2018, global leaders at the first United Nations (UN) General Assembly High-Level Meeting on the Fight Against TB agreed on an ambitious target of eradicating TB by 2022. They strategized that increased access to TB treatment and preventive measures would help achieve their goal quickly. Another measure adopted to progress the TB eradication goal was increasing the funds related to TB research and services.

An uneven progress regarding TB eradication by 2030 was observed in some European regions by the World Health Organization (WHO). Although the majority of Western European countries were on track for TB elimination, Eastern European and Central Asian countries reported a high number of incidences of drug-resistant (DR) TB.

In the European Union/European Economic Area (EU/EEA), TB prevalence is low. Based on the TB surveillance conducted in Europe, out of 30 countries, 24 reported less than 10 TB cases per 100,000 population in 2021. These countries have been encouraged to maintain this low rate and attain the pre-elimination phase of less than 10 TB cases per million population per year. A recent Eurosurveillance journal editorial discussed the progress in the EU/EEA, between 2018 and 2021, towards achieving the 2030 targets for TB elimination.

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Tapping The Power Of The Stars — Dr. Andrea Kritcher Ph.D., Lawrence Livermore National Laboratory, U.S. Department of Energy.

Dr. Andrea (Annie) Kritcher, Ph.D. is a nuclear engineer and physicist who works at the Lawrence Livermore National Laboratory (https://www.llnl.gov/). She is the design lead of the HYBRID-E capsule technology within Lawrence Livermore’s Inertial Confinement Fusion (ICF) program, and is a member of the ICF leadership team and lead designer for shot N210808, at their National Ignition Facility, a recent experiment that heralded a significant step towards a fusion break-even target. She was elected Fellow of the American Physical Society in 2022.

Dr. Kritcher was first employed at Lawrence Livermore as a summer intern in 2004, as an LLNL Lawrence Scholar during her time at UC Berkeley, where she earned a master’s degree and doctorate in nuclear engineering, and as a Lawrence postdoctoral fellow in 2009 following completion of her Ph.D. During her postdoctoral appointment she explored using X-rays to measure the properties of warm and hot dense matter (plasma), and measuring how nuclei interact with dense plasma.

Continue reading “Dr. Annie Kritcher, Ph.D. — National Ignition Facility — LLNL — Tapping The Power Of The Stars” | >

Pensions behave as government mandated ponzi schemes. New contributors are needed to pay for past contributors. But what if there are less and less new contributors and contributions? And what if past generations live longer and longer lives?

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France is facing massive protests in response to its recently announced pension reform. While France is the only country facing massive protests for now, almost all developed countries will likely be forced to conduct similar pension reforms in the future as they face rapidly aging populations.

Continue reading “The Impending Collapse of the French Economy” | >

Researchers from the University of Geneva (UNIGE), the Geneva University Hospitals (HUG), and the National University of Singapore (NUS) have developed a novel method for evaluating the interpretability of artificial intelligence (AI) technologies, opening the door to greater transparency and trust in AI-driven diagnostic and predictive tools. The innovative approach sheds light on the opaque workings of so-called “black box” AI algorithms, helping users understand what influences the results produced by AI and whether the results can be trusted.

This is especially important in situations that have significant impacts on the health and lives of people, such as using AI in . The research carries particular relevance in the context of the forthcoming European Union Artificial Intelligence Act which aims to regulate the development and use of AI within the EU. The findings have recently been published in the journal Nature Machine Intelligence.

Time series data—representing the evolution of information over time—is everywhere: for example in medicine, when recording heart activity with an electrocardiogram (ECG); in the study of earthquakes; tracking weather patterns; or in economics to monitor financial markets. This data can be modeled by AI technologies to build diagnostic or predictive tools.

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During a tense opening weekend at SXSW, following the sudden collapse of Silicon Valley Bank which banked nearly half of US venture-backed startups, billionaire investor Mark Cuban sat down with me to discuss options for entrepreneurs trying to secure funds in the midst of unprecedented economic chaos.

“I would encourage people to do their homework,” he said. “This is a learning experience. It’s been a learning experience for me.”

With credit tightening and banks failing, many startups are having a hard time accessing the private equity markets. But fortunately, capital is available from a variety of sources without having to give up equity. Interviews with Mark Cuban and others highlight funds awarding big bucks.

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Data analytics teams around the world are failing to bring value to their organisations. According to a survey by market research firm Gartner published on Wednesday, most data and analytics leaders reported that their teams do not provide effective value to the organisation. This is despite increased interest from the industry in investing in data and analytics to improve efficiency in business.

The research report noted that while the lack of available talent is the top impediment for which data and analytics teams are failing to add value to their firms, as reported by 39% of executives, other roadblocks, such as lack of resources and funding to support the programmes and lack of support from top management are also hindering data and analytics projects. Besides, culture challenges to accept change and overall poor data literacy in organisations are among other reasons why many of these projects continue to suffer.

At a time when technology companies are already facing the brunt of layoffs in the face of uncertain economic conditions, teams not performing well or failing to add value to the organisation can face dire consequences, believe experts.

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