Business

NZ is encouraging the use of AI – but it’s largely outsourcing the risks and societal costs

As investment in generative AI continues to grow globally, New Zealand’s government has been implementing its use across the public sector and encouraging businesses to embrace the technology’s potential. But the environmental, social and governance risks and costs of AI remain under-investigated. In particular, the energy-hungry computations generative AI requires mean an ever-expanding carbon footprint...

Cuba restoring power again after multiple grid failures By Reuters

By Dave Sherwood and Nelson Acosta HAVANA (Reuters) – Cuba’s power-grid operator said it had restored electricity to parts of the capital Havana on Monday following a fourth major grid failure in 48 hours, while Tropical Storm Oscar lashed the island’s eastern end. Strong winds and heavy rain uprooted trees and scattered downed power lines...

devaluations won’t fix a currency that’s in trouble because of government overspending

The Reserve Bank of Zimbabwe devalued the ZiG by 43% on 27 September 2024. This weakened the official exchange rate from 13.9 ZiG per US dollar to 24.4 ZiG per US dollar. The ZiG (Zimbabwe Gold) is the nation’s newest currency and was launched in April 2024. The unexpected devaluation was prompted by the need...

IMF

IMF / Board Approves US$88.3 Million in Emergency Financing Support to Malawi IMF

IMF / Board Approves US$88.3 Million in Emergency Financing Support to Malawi

The Executive Board of the International Monetary Fund (IMF) approved today a disbursement of US$88.327 million (SDR 69.40 million) to Malawi under the new Food Shock Window of the Rapid Credit Facility. Malawi is the first low-income country to make use of the Food Shock Window since it was adopted by the Executive Board last...

Techno

DIGITAL SME White Paper – Skills for European digital leadership: An evidence-based blueprint towards the Union of Skills

The post DIGITAL SME White Paper – Skills for European digital leadership: An evidence-based blueprint towards the Union of Skills appeared first on European DIGITAL SME Alliance. by : Caterina Bortolaso on 2024-10-07 08:08:56 Source link #DIGITAL #SME #White #Paper #Skills #European #digital #leadership #evidencebased #blueprint #Union #Skills

Changes to the EU Cloud Services Cybersecurity Certification Scheme put EU citizens’ data at risk: A Call for Digital Sovereignty

The post Changes to the EU Cloud Services Cybersecurity Certification Scheme put EU citizens’ data at risk: A Call for Digital Sovereignty appeared first on European DIGITAL SME Alliance. by : James Philpot on 2024-09-05 12:06:35 Source link #Cloud #Services #Cybersecurity #Certification #Scheme #put #citizens #data #risk #Call #Digital #Sovereignty

1.500.000€ available to support cybersecurity standardisation experts

Cyberstand Project Funding EU Cybersecurity and Standards Experts to support implementation of Cyber Resilience Act The Cyberstand project is making […] The post 1.500.000€ available to support cybersecurity standardisation experts appeared first on European DIGITAL SME Alliance. by : James Philpot on 2024-08-05 08:31:35 Source link #1.500.000 #support #cybersecurity #standardisation #experts

600.000€ available for SMEs to validate FLUIDOS Edge Processing System

The application process for the second FLUIDOS Open Call is now open with 600.000€ available for SMEs to validate the […] The post 600.000€ available for SMEs to validate FLUIDOS Edge Processing System appeared first on European DIGITAL SME Alliance. by : James Philpot on 2024-08-05 08:40:47 Source link #SMEs #validate #FLUIDOS #Edge #Processing #System

Economy

THE GETAWAY

On 29th November 2023, shareholders of United Investments Limited (UIL) will be called upon to ratify a decision of the Board redefining the course of the group and its people. From shareholders, middlemen  to regulators, they all seem to have found a convenient corner in this looping circle. The story of UIL is an absolute...

Keynote speech by EVP Vestager at the IBEC conference.

European Commission Speech Dublin, 30 Sep 2022 “Harvesting the fruits of the digital age” Introduction Dia dhuit, It’s a great pleasure to be here in Dublin – an old Viking city. Tomorrow is the first day of… by : European Commission on 2022-09-30 12:30:07 Source link #Keynote #speech #EVP #Vestager #IBEC #conference

State aid: Commission approves aid to support the resolution of the Polish Getin Noble Bank S.A.

European Commission Press release Brussels, 01 Oct 2022 The European Commission has approved, under EU State aid rules, several support measures in the context of the resolution of the Polish Getin Noble Bank S.A. by : European Commission on 2022-10-01 06:54:08 Source link #State #aid #Commission #approves #aid #support #resolution #Polish #Getin #Noble #Bank #S.A

World

Proparco et AfricInvest soutiennent l’expansion africaine de l’opticien Lapaire

(Agence Ecofin) – Les deux structures ont conjointement engagé 3,26 millions $ dans la société d’optique. Cet investissement survient 9 mois après la levée de fonds de 3 millions $ effectuée par Lapaire. AfricInvest et Proparco ont approuvé le mercredi 16 octobre 2024, des investissements respectifs de 2,5 millions d’euros (2,72 millions $) et 450 000 euros (environ 489 946 $)...

le nombre de foyers connectés par la fibre a crû de 2730 % en 4 ans

(Agence Ecofin) – La fourniture d’Internet par fibre optique pour les entreprises et les domiciles a été introduite en Algérie en 2018. En novembre 2023, le service a franchi la barre du million d’abonnés.  Le ministère algérien de la Poste et des Télécommunications a annoncé la semaine dernière que le nombre de foyers connectés à...