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The investment boom in Artificial Intelligence (AI) is truly impressive, even by historical standards. Its impact on the economy, on society as a whole, and on our personal lives is still uncertain, but most probably far-reaching. AI die-hards predict higher productivity, more leisure, and spectacular advances in healthcare, but AI is not all sunshine and…
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Central bankers worldwide are once more facing a delicate situation. Determining the right monetary policy stance in a chaotic, highly uncertain, and volatile world has again become a quite complicated exercise. Leaning towards higher policy interest rates might well be the least bad option at this moment. On June 22 of this year, Alan Greenspan…
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In the shadows of the great power struggle between the United States, China, and Russia—with India and the European Union at one remove—impactful developments are unfolding among not-so-great but increasingly relevant powers. More specifically, events in and around Ukraine, Taiwan, and Israel are having a major impact, not least on the great power struggle itself.…