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Will AI Close or Widen the Development Gap?

Shamika Sirimanne, Xiaolan Fu GENEVA/LONDON, APRIL 3 (PS): AI is often presented as the next peak of human innovation, owing to its potential to revolutionize industries, transform economies, and improve lives. But will AI truly benefit everyone, or will it deepen existing divides? The answer depends on how the technology

Financial Inclusion Must Reach the Last Billion

The progress made over the past decade proves that financial inclusion can be achieved with the right mix of innovation,

How Much “Weaponization” Can the Global Economy Take?

Meanwhile, in his 2013 book Treasury’s War, Juan Zarate, a former US deputy national security adviser, explained how financial networks

A Defining Moment for Energy Security and Economic Prosperity

In the corridors of the SEforAll Forum, fossil-fuel executives read from their usual script, claiming that their products remain a

Trump imposes 25% tariffs on Canada, Mexico and 10% on…

Trump declared an economic emergency in order to place duties of 10% on all imports from China and 25% on

Europe Needs a Defense Production Act

Failing to heed the lessons of past wars is a surefire recipe for future conflicts. While it is too early

Bangladesh’s forex reserves surge past 21 bln USD in end-December

Halting a prolonged decline, Bangladesh's foreign exchange reserves reached over 21 billion U.S. dollars by the end of December 2024,

Adani pulls out of US loan deal for Colombo port

India's Adani Group has withdrawn its request for a US government-backed loan to construct a port in Sri Lanka seen

The of pearl Dubai: Centre of Attraction for Property Investment

Dubai, the crown jewel of the United Arab Emirates, has firmly established itself as one of the most sought-after destinations

Financing Food Security Will Yield High Returns

In 2023 alone, the FAO Investment Centre helped mobilize $6.6 billion in new investment by designing 38 public investment projects