EU Economic Crisis: Central Bankers Warn of Political Paralysis

Europe's leading central bankers issued a stark warning on Friday, highlighting the perilous state of the Eurozone economy and blaming political gridlock for exacerbating its vulnerabilities, particularly in the face of a potential US trade war. In an unprecedented joint statement, Joachim Nagel (Bundesbank President) and François…

Shipping Revolution: A Technological Cocktail for Maritime Transformation

The global shipping industry stands at a pivotal juncture, facing a paradigm shift driven by evolving geostrategic landscapes and rapid technological advancements. Maintaining competitiveness in this new maritime world requires a bold revolution, surpassing heavily subsidised and government-backed shipbuilding and shipping industries elsewhere. This necessitates a "blue ocean strategy&…

Euro Plunges to Two-Year Low as European Stocks Rise

European stock markets closed higher on Friday, defying a weakening euro which hit a two-year low against the US dollar. The positive market sentiment bucked broader economic anxieties, driven by strong US economic data and ongoing geopolitical tensions. The FTSE MIB in Milan closed up 0.6% at 33,494.…

Big Data Boom: £400bn Market Growth Predicted, Driven by AI

A new report from Technavio forecasts explosive growth in the global big data market, projecting a £400 billion expansion between 2024 and 2028. This significant increase, representing a compound annual growth rate (CAGR) of approximately 21.46%, is primarily attributed to the ever-increasing volume of data generation fuelled by…