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Category Archives: Economy

New Online Dashboard to Track Global Steel and Aluminum Scrap Metal Trade

“The International Trade Administration has unveiled a new supply chain monitor, known as the Global Scrap Monitor, for tracking steel and aluminum scrap trade flows around the world. This online dashboard provides data on global aluminum and steel scrap trade flows from the top importing/exporting markets, allowing domestic industry stakeholders and consumers to better understand… Continue Reading

The secret life of bridges

StoryMaps – A look at the state of America’s unsung infrastructure heroes: “Investing in infrastructure has, generally speaking, been a popular and productive decision by the United States government. It creates well-paying jobs, makes the country safer, and boosts the economy in a number of direct and indirect ways. That explains how, even in today’s… Continue Reading

OECD – Defining AI incidents and related terms

New AI report: OECD (2024), OECD Artificial Intelligence Papers, No. 16, OECD Publishing, Paris, https://doi.org/10.1787/d1a8d965-en.”Defining AI incidents and related terms,” it’s a must-read for everyone in AI. Important information: An AI incident is defined as: “an event, circumstance or series of events where the development, use or malfunction of one or more AI systems directly… Continue Reading

AI in Finance and Banking, May 15, 2024

Via LLRX – AI in Finance and Banking, May 15, 2024 – This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, NGO/IGO papers, industry white papers, academic papers and speeches on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological links provided are to the primary sources,… Continue Reading

Greenhouse gas giants

Data is Plural: “Carbon Majors, run by the UK-based InfluenceMap, “is a database of historical production data from 122 of the world’s largest oil, gas, coal, and cement producers.” It attributes to these producers 1,421 metric gigatons of CO2-equivalent emissions from 1854 through 2022. Launched last month, the database provides downloads at several levels of… Continue Reading

Rising Cyber Threats Pose Serious Concerns for Financial Stability

IMF: “Cyberattacks have more than doubled since the pandemic. While companies have historically suffered relatively modest direct losses from cyberattacks, some have experienced a much heavier toll. US credit reporting agency Equifax, for example, paid more than $1 billion in penalties after a major data breach in 2017 that affected about 150 million consumers. As… Continue Reading

As Insurers Around the U.S. Bleed Cash From Climate Shocks, Homeowners Lose

The New York Times [unpaywalled]: “The insurance turmoil caused by climate change — which had been concentrated in Florida, California and Louisiana — is fast becoming a contagion, spreading to states like Iowa, Arkansas, Ohio, Utah and Washington. Even in the Northeast, where homeowners insurance was still generally profitable last year, the trends are worsening.… Continue Reading

Automakers and Climate Policy Advocacy: A Global Analysis

“New InfluenceMap analysis finds that negative lobbying by the world’s largest automakers is putting global climate targets at risk and threatening the transition to electric vehicles. This report analyses the climate policy engagement strategies of fifteen of the largest global automakers in seven key regions (Australia, EU, Japan, India, South Korea, UK, US). It shows… Continue Reading

Web publishers brace for carnage as Google adds AI answers

Washington Post [read free via MSN]: “As the tech giant gears up for Google I/O, its annual developer conference, this week, creators like Matherne are worried about the expanding reach of its new search tool that incorporates artificial intelligence. The product, dubbed “Search Generative Experience,” or SGE, directly answers queries with complex, multi-paragraph replies that… Continue Reading