The Energy Transition Confronts Reality
Given the scale and complexity of the transition away from hydrocarbons, some worry that economic analysis has been given short shrift in the policy planning...
Author : Nelli Avetisyan
For Tech Companies, Years of Easy Money Yield to Hard Times – The New York Times
Rock-bottom rates were the secret engine fueling $1 billion start-ups and virtual attempts to conquer the physical world. But in 2023, reality bites.Eighteen months ago,...
The CBI is right. The UK needs a growth plan – The Guardian
The CBI billed it as a “major speech”, which is a judgment best left to others, but, yes, Tony Danker, the director general of the...
Bank of England warns insurers over ability to sell down assets in a crisis – The Financial Times
Life insurers could be overly optimistic about their ability to sell down assets in a crisis, the Bank of England has warned. The BoE’s Prudential...
Impending UK recession could be twice as bad as anticipated, say analysts – The Guardian
The UK’s impending recession could be twice as bad as previously thought, according to leading economic forecasters at the business consultancy EY. Reduced government support,...
Microsoft extends AI partnership with ChatGPT and Dall-E maker OpenAI – BBC News
Microsoft has announced a multi-year, multibillion dollar investment in artificial intelligence (AI) as it extends its partnership with OpenAI. OpenAI is the creator of popular...
Spotify to Cut 6% of Workforce in Latest Tech Layoff – WSJ
Spotify Technology SA SPOT 2.07%increase; green up pointing triangle is laying off about 600 employees, or roughly 6%, of its workforce as part of broader...
Building resilience in the midst of a polycrisis
The cost of living crisis has overtaken extreme weather as the most severe risk facing the world within the next two years, according to the...
UK will be 15 years late in hitting £1tn annual export target, figures show – The Guardian
Forecasts predict exports will fall to £707bn next year and target will not be reached until 2035. Ministers have been accused of leaving a “record...
Big business is in for a rough earnings season – The Economist
Chief executives of the world’s biggest firms left Davos on January 20th after a week of jaw-jawing in highish spirits. The mood at the annual...