The Deeping - Business + Economy

Jun 14, 2023

The Intricacies of Big Data: Unveiling its Transformative Role in Augmenting the Precision of Economic Forecasting

In today’s fast-paced and data-driven world, organizations and businesses incessantly seek novel avenues to optimize decision-making processes and gain a competitive edge. One particular domain that has witnessed a remarkable upsurge in value through the utilization of big data is economic forecasting. By capitalizing on the vast reservoirs of information at their disposal,

Jun 12, 2023

The Unparalleled Benefits of a Green Economy for People and Planet

In the face of mounting environmental challenges, it has become increasingly clear that transitioning to a green economy isn’t merely a viable alternative – it’s an absolute necessity. So, what exactly is a green economy? It’s a type of economy that generates increased human well-being and social equity while drastically diminishing environmental hazards

Jun 6, 2023

Investing with Confidence: How Economic Forecasting Helps Guide Investment Decisions

In the realm of finance and investment, the only constant is change, and the only certainty is uncertainty. This volatility and unpredictability make navigating financial markets a considerable challenge. However, economic forecasting, a critical tool for financial strategists and investors alike, provides valuable insights for wading through this sea of uncertainty. This science

May 29, 2023

The Crucial Role of Cybersecurity in the Digital Banking Era

In the ever-evolving landscape of the digital world, the banking sector is at the forefront of technological advancements. However, with the boon of convenience and efficiency comes the bane of heightened security risks. This transformation underscores the utmost importance of cybersecurity in the era of digital banking. The Rise of Digital Banking Digital

May 29, 2023

Surge in Share Price Set to Make NVIDIA the First Trillion-Dollar Chip Company

NVIDIA, the renowned chip manufacturer, is on the verge of becoming the first trillion-dollar chip company. Their share price has experienced a significant surge, driven by the increasing demand for their products in gaming, data centers, and autonomous driving technology. While known for their gaming GPUs, NVIDIA’s success extends beyond gaming, with their

May 26, 2023

AI vs Human: Who Will Win the Job Market Battle?

Artificial intelligence (AI) has been making remarkable progress across a multitude of sectors, encompassing everything from manufacturing to healthcare, and finance to transportation. This leading-edge technology, underpinned by machine learning and big data, is set to reshape the job market, sparking profound questions about the future of human employment. AI in the Job

May 23, 2023

US laws to promote home-grown industries will hurt African economies

ph. Shutterstock Jonathan Munemo, Salisbury University The Biden administration has ratcheted up protectionism and industrial policy amid surging economic tensions with China. Legislation passed in 2022 unlocked hundreds of billions of dollars in subsidies to spur domestic production of renewable energy and electric vehicles, and to support other decarbonisation goals. The legislation is

May 22, 2023

Navigating the Challenges and Opportunities in the Semiconductor Industry

The semiconductor industry faces challenges like a shortage of skilled workers and supply chain disruptions. However, opportunities lie in emerging technologies and collaborations between industry and academia. Governments are providing support to strengthen domestic capabilities. The Western world aims to reclaim its leadership position through innovation and securing the supply chain. By addressing

May 15, 2023

How China makes economic plans: key moments explained

Mark Greeven, International Institute for Management Development (IMD) A meeting of some of China’s most senior politicians at the end of April 2023 concluded with a fairly cautious assessment of the country’s economic recovery. Things are improving, they said, but domestic demand needs to improve. The meeting in Beijing, headed by President Xi

May 9, 2023

EU adopts the World’s first Regulation on Cryptocurrencies

The EU-Parliament passed a law to regulate cryptocurrencies like Bitcoin more strongly. The new regulation will protect consumers from losses, and it will make money laundering and terrorist financing more difficult. In addition, providers are to be held liable in the event of massive losses. With the new law, Europe wants to end

Login