Economic Costs of Cyberattacks to Reach US$9.2trillion: A Call for a New Generation of Cybersecurity Professionals
With a global shortage of cybersecurity professionals, there is a unique opportunityfor young people to step into high-impact roles that protect economies and national security alike Cyberattacks are wreaking havoc on economies worldwide, with costs expected to rise sharply from $9.22 trillion in 2024 to $13.82 trillion by 2028, according to Statista’s Market Insights. This […]
Pulse of the Global Workforce
Employees are feeling lonelier, wellbeing amongst younger employees has dropped, and employeeengagement remains a significant factor in overall life experiences as always. Here’s a complete roundup of the Gallup State of the Global Workplace report for 2024. Gallup’s State of the Global Workplace report for 2024 provides insights into the current state of mental health, […]
BRICS and the De-dollarization Agenda
While BRICS+ remains an economic force with growing influence, particularly in EM trade, it is stilllimited by the structural entrenchment of the dollar in global markets. And the next five years will likely see a gradual increase in the use of local BRICS currencies. As the BRICS bloc (Brazil, Russia, India, China, South Africa) continues […]
AI-Driven Search Poised to Disrupt the US$300bn Digital Advertising Economy
The advent of AI-driven search offers a glimpse of a different internet – one where users access information more efficiently but where content creation could become underfunded and undervalued. Ad spending in the Search Advertising market worldwide is forecasted to reach US$316.30bn in 2024. It is anticipated to witness an annual growth rate (CAGR 2024-2029) […]
Green Hydrogen: The Last Hope in the Fight Against Climate Catastrophe
As the world confronts the catastrophic effects of climate change, green hydrogen stands out as a pivotal solution indecarbonising global industries and reducing reliance on fossil fuels. The planet is hurtling toward an ecological tipping point. Global temperatures have risen to record-breaking levels each year, with 2023 marking one of the hottest years on record. […]
How Trump 2.0 Will Affect the Global Economy
Donald Trump’s return to the White House brings a mix of short-term economic growth and long-term volatility to the global economy. Industry experts project an initial boost to global GDP, driven by US fiscal stimulus, yet tempered by the onset of targeted tariffs and elevated interest rates. The ripple effects of these policies will reach […]
Indians are happier while working from office, global study finds
A recent study conducted by Sapiens Labs, surveyed over 54,000 employees across 65 countries as part of the Global Mind Project. The findings reveal that strong workplace relationships and a sense of purpose are key drivers of mental wellbeing. The Age of Gold, led by Central Banks In a reversal of sorts, a recent global […]
The Gold Rush
Once regarded a supplementary asset by investors, gold has today become a cornerstone of financial security for central banks, wealthy families, and institutional investors – evolving from a passive hedge to a symbol of resilience and enduring stability. A resurgence in gold prices has painted the global economic landscape with a renewed hue, marking a […]
The ASML Disappointment: Semiconductor Supply Strained?
ASML’s sharp downward revision triggered an immediate market reaction, laying bare several vulnerabilities of the semiconductor supply chain, particularly for the world’s largest chipmakers, and reverberations are being felt across the entire ecosystem. In mid-October 2024, Dutch computer chip equipment maker ASML Holding, one of Europe’s leading tech manufacturers, sent shockwaves across the semiconductor industry […]
Scaling Generative AI the Cost-Effective Way
Scaling GenAI efficiently and cost-effectively is all about balance between performance and cost, flexibility and control. Through leveraging Cloud infrastructure, optimising model training, using specialised hardware, and focusing on governance, businesses can harness the power of AI without overextending their budgets. Generative AI is quickly becoming a vital tool for businesses across industries, powering everything […]