In the age of hypersonic-weapons, 5G communication, AI (artificial intelligence) competition and weapons programs that produce weapon strikes in under an hour (such as the US military’s Prompt Global Strike, or PGS, which can deliver accurate weapons to any place on earth within 60 minutes), space only seems to be the next frontier.
The acrimony between the United States and China has a technological aspect that could lead to a faceoff. This is the result of the underdog Chinese industries challenging the established American industrial complex. The winner of this standoff will dictate global economic activity for the foreseeable future.
Recently, Iran has been experiencing increased tensions with the United States and its allies over the rollback of the Iran nuclear deal. These hostilities will affect decision-making matrices for all of the important players in the world of finance and banking.
Climate change will bang on the doors of insurers, and, to adapt, the risk managers of the world are putting their houses in order. Climate change (CC) has very quickly transformed from a topic at research conferences into an adversity experienced by millions of people.
Unconventional and controversial are two words often used to describe US President Donald Trump’s character and his approach to the presidency. In a short period of time, President Trump has managed to reverse many agreements
When the first cryptocurrencies, such as bitcoin, started gaining traction, many banks initially dismissed them as virtual assets with no intrinsic value. Today, requests from clients have changed the minds of some of those banks, such as Goldman Sachs.
Recovery in Europe is picking up. In the United States, the conditions seem to be also favorable for businesses with lower taxes, with low unemployment rates providing disposable income and driving demand.
Financial and economic crises wreak havoc on peoples’ lives, but they offer valuable lessons the hard way. Those lessons enable us to handle financial crises better the next time.