Businesses see banking strains, credit crunch as key risks

Businesses see banking strains, credit crunch as key risks

The latest survey from Oxford Economics on business risk perceptions suggests banking system strains and tightened credit supply now pose the greatest threats to the global economy. Respondents perceive a one-in-three chance of a full-blown financial crisis comparable...
Caught in the act: astronomers spot a star devouring a planet

Caught in the act: astronomers spot a star devouring a planet

A new study published online Wednesday, May 3, in the journal Nature documents the first observation of an aging star swallowing a planet. After running out of fuel in its core, the star began to grow in size, shrinking the gap with its neighboring planet, eventually...
NASA launches rocket 3D-printed with new alloy

NASA launches rocket 3D-printed with new alloy

In March, the Relativity Space Terran 1 rocket lit up the night sky as it launched from Cape Canaveral Space Force Station in Florida. This was the first launch of a test rocket made entirely from 3D-printed parts, measuring 100 feet tall and 7.5 feet wide. A form...
Job creation, reskilling must be central to growth agendas

Job creation, reskilling must be central to growth agendas

The world is going through a period of economic uncertainty, with artificial intelligence (AI) advancing and the green transition now imperative – all of which are driving big changes in the future of jobs. This week, the World Economic Forum’s...
Fears that AI could cause a nuclear-level catastrophe

Fears that AI could cause a nuclear-level catastrophe

More than one-third of credible AI experts believe that AI will cause a nuclear-level catastrophe within this century, according to data presented by Atlas VPN. The findings are part of Stanford’s 2023 Artificial Intelligence Index Report, released in April...

Get ready for massive shifts as jobs change

Almost a quarter (23%) of jobs are expected to change by 2027, with 69-million (10,2%) new jobs created and 83-million (12,3%) eliminated. The Future of Jobs Report 2023 suggests that the jobs market will see a net decrease of 14-million jobs, or 2% of current...