In recent years, the quantity of digital data created, stored and processed in the world has grown exponentially. Every second, governments and public institutions, businesses, associations and individuals generate series of digital imprints which, given their volume, variety and velocity, are referred to as ‘big data’.
Moody’s Investors Service is maintaining its stable outlook on the Greek banking system, reflecting the rating agency’s expectation of some improvement in banks’ profitability and loan quality in 2017-18, balanced by very high level of problem loans. The outlook expresses Moody’s expectation of how bank creditworthiness will evolve in Greece over the next 12-18 months. Continue reading “Moody’s maintains stable outlook on the Greek banking system amid improved profitability prospects, balanced by still very high problem loans”
The Greek premier, Alexis Tsipras, is preparing his MPs to vote in favor of the measures for the second review, and creating the political agenda for the following day. In the meantime, the IMF and the Eurozone are struggling to reach a compromise on a formula for Greek debt relief that will allow the IMF to participate in Greece’s bailout program. A general formula is expected to be announced by the Eurogroup on 22 May or later in June. Continue reading “Greece – Looking at Tsipras’ agenda”
The country is becoming a hub for global AI development. Five priorities can help China harness AI for productivity growth and prepare for the societal shifts it may unleash.
Political pressures associated with international migration are evident in many advanced economies. They risk leading to policy changes that could have unfavorable medium-term economic consequences, says Fitch Ratings in its latest Global Perspectives commentary. Continue reading “A world without migration – Fitch report”
The second review of the third bailout program will likely conclude in May. However, Greece will have to face a fragile and agitated political environment until 2020. Continue reading “Tough political times for Greece until 2020 or more…”
In April, data-driven publisher Inkitt announced that it is partnering with Tor Books to release the first novel selected by an algorithm for publishing. Here, Inkitt’s founder and c.e.o Ali Alibazaz explains why he believes that AI is reaching a tipping point in the industry – but not in the way you might think.