Perhaps AI is a busted flush. Perhaps the revolution will just take time Many economists believe that generative artificial intelligence (ai) is about to transform the global economy. A paper published last year by Ege Erdil and Tamay Besiroglu of Epoch, a research firm, argues that “explosive growth”, with gdp …
Read More »The European investment Fund will allocate money for small business Hungary and Slovenia
Hungary will receive from the investment Fund of the EU 160 million euros for development of small and medium-sized businesses, mainly in the agricultural industry. The European Commission announced that the European investment Fund (EIF) and the Hungarian Association of enterprises of agricultural industry (AVHGA) signed an agreement under which …
Read More »Low oil prices brought down the investment of oil and gas companies
Global oil and gas companies have reduced planned investments to 2016 and 2017 to 370 billion dollars. About it reports “Interfax” with reference to the report of the company Wood Mackenzie. Especially strong ($150 billion) was the fall of investment in the continental United States (excluding Alaska). The most significant …
Read More »Bloomberg captures the growth of investment activity of the oil giants
Two oil projects worth $45 billion, the launch of which was announced this month, talking about a gradual recovery of confidence in Neftegarant development prospects amid rising oil prices and reduce the cost of production, said Bloomberg. Thus, the American oil company Chevron this week took the decision to launch …
Read More »Media: oil and gas companies reduce investment for a trillion dollars
The cost of global oil and gas companies in the upstream (exploration and production), according to calculations of the consulting company Wood Mackenzie, in the next 5 years will decrease by 22% compared to the level that was predicted 2 years ago, before oil prices began to fall. According to …
Read More »In Georgia was a rapid decline in unemployment and investment growth
Prerequisite to reducing unemployment is considered a “tourist boom”, associated, in particular, with the growth of tourist flow from Russia after the warming of Russian-Georgian relations The Minister of Finance of Georgia Nodar Khaduri said that in 2016 the unemployment rate in Georgia reached a record low, accounting for 11-12 …
Read More »Lukashenko admitted that without the IMF and foreign investment are going to die
The President of Belarus had instructed the government until September 1, 2016 to analyze and organize investment laws and remove bureaucratic barriers in front of foreign money. Alyaksandr Lukashenka said Tuesday, addressing the nation and Parliament. “The main incentive for investment is clear and understandable laws that keep all. If …
Read More »Fitch has maintained its rating of Russia to investment level
International rating Agency Fitch Ratings on Friday, April 15, affirmed the long-term Issuer default ratings (IDR) of Russia in national and foreign currencies. About it reports “Interfax” with reference to press release of the Agency. Rating left on the last stage of investment level BBB-, Outlook — “negative”. “Ratings of …
Read More »Air investment: a new specialization of Russia
Formally, the crisis in Russia continues, 2014. But actually it started back in 2013 — that’s when there was a downturn in certain sectors. All this time the dynamics of investment leaves much to be desired. According to the latest data (February 2016 to February 2015) the annual decline was …
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