Everyday happening in Pakistan and around
The Canadian federal budget, set to be delivered on Tuesday by Finance Minister Chrystia Freeland, is expected to provide limited relief for those struggling with the cost of living and to promote green investments. The budget will address a variety of issues: to counter inflation and high interest rates, it will offer targeted relief for vulnerable […]
The White House begins its three-day Summit for Democracy today as European leaders Emmanuel Macron, Ursula von der Leyen and Pedro Sánchez prepare to travel to China between March and early April. Co-hosted by South Korea, Zambia and Costa Rica, the democracy summit comes amid signs that US warnings to the EU are swaying European […]
Existing street cameras in London were used to trial an autonomous car’s navigation of city streets. The test showed that it is possible for autonomous vehicles to use infrastructure that already exists, rather than requiring expensive new sensors to be installed. The trial was led by the Transport Research Laboratory (TRL) and video analytics provider DG […]
The CEO of container shipping company AP Møller-Maersk, Vincent Clerc, has stated that China’s economic rebound after COVID-19 is weaker than expected due to consumers emerging “stunned” from the pandemic-led disruptions and a real estate meltdown last year. China has set a growth target of 5% this year, which is its lowest in decades. Profit […]
As legacy industries like manufacturing, transportation, logistics and healthcare undergo digital transformation, industry is set to enter a new golden age of technological innovation and investment, according to Rana Foroohar writing in the Financial Times. Venture capital firm Eclipse Ventures, which has $3.8bn invested in the digital transformation of physical industries, expects that additive manufacturing, […]
Canada’s Finance Minister Chrystia Freeland has emphasised the importance of investment in the green economy ahead of delivering the 2023-24 budget. Speaking on 22 March, Freeland said that the energy transition represented the most significant economic transformation since the Industrial Revolution and that Canada must capitalise on the historic opportunity before it or be left […]
Pakistan Tehreek-i-Insaf (PTI) Chief Imran Khan has announced his 10-point program to rescue Pakistan from its current crises during a pre-election speech at a public rally at Minar-i-Pakistan. He challenged the current rulers to put forward their own plan. Khan said that difficult decisions were required to address the prevailing economic crisis and increase the […]
South African educational franchises offering after-school or supplementary tutoring services have some of the lowest initial fees in the local franchise market but often charge ongoing royalties more than double those charged in other sectors. Most require little or no prior teaching experience, and businesses can buy into a brand, secure intellectual property and materials […]
The Dutch government has ordered officials to remove the Chinese-owned TikTok app from their phones. The Netherlands’ interior ministry said that on phones distributed by the government, it discouraged the use of all apps from “countries with an aggressive cyber-programme targeted at the Netherlands or Dutch interests”. TikTok is a social media app dedicated to […]
China’s approach to AI research could have a profound impact on the future world order, as the country seeks technological self-reliance. While Alphabet’s DeepMind and OpenAI have driven the recent advancement of generative AI technologies, in China, the government has chosen to develop AI technologies through state-sponsored AI labs backed by resourceful metropolitan governments. The […]
