globalEDGE Blog - Page 14

Demand for electric cars has steadily risen over the past few decades. Modern-day electric vehicles, or EV, began to truly become popularized in the late 20th century. This surge in interest and production can be attributed to several factors, such as increased environmental concerns, increased cost competitiveness with conventional gas vehicles, and improved vehicle ranges. Electric cars offer a range of benefits in fuel costs, pollution emissions, and less maintenance due to them offering an efficient electric motor.

As the medical industry continues to advance each year, experts are seeing significant success in collaborations with Artificial Intelligence; the combination of these two markets is helping many patients get their diagnoses faster and efficiently.

Recent examinations have shown that AI has allowed radiologists to decrease 50% of their workloads. Also, instances of false positives given to patients have lessened. This new advanced system may eventually save millions of lives, specifically as experiments continue to measure how AI takes on cancer. 

Argentina’s lithium mining industry is rapidly expanding, signaling a robust growth phase. Projections indicate that by 2030, Argentina could outpace or at least compete head-to-head with its neighboring counterpart, Chile, to become the foremost lithium producer in the Latin American region.

Raising children has always been expensive, no matter where you live. Nevertheless, in recent times, millions of people struggle to put money away as they approach one of life’s key financial milestones. The high pace of inflation is to blame, increasing the expenses by almost 20% and leading to a current decline in birth rates.

For all of the television and film fanatics out there, you have our sympathies. You may have experienced boredom the past few months after Hollywood screenwriters and actors went on strike for almost five months. The effects of the strikes go beyond boredom, however, and hold many implications for the international entertainment industry.

Since the early beginnings of farming, humans have used natural practices such as cross-breeding plants to find the best produce for consumption and growing. These practices change the size, color, and amount of seeds in a fruit, among other characteristics.

In the 1970s, however, scientists began genetically modifying foods to make the changes more predictable and favorable. The first genetically modified organism, or GMO, produce available for purchase was a tomato in 1994. Now, GMO crops are grown in 24 countries and imported and sold in 43.

Two years after the collapse of China’s real-estate bubble, worries that it may collapse again are starting to rise. China’s largest private property developer, Country Garden, is struggling to pay back their enormous loans. Dealing with strict government regulations has made it even more difficult for companies to deal with their growing debt.

Europe’s three largest economies by nominal GDP are Germany, the United Kingdom, and France. As the entire continent struggles through a period of economic turmoil that began in late 2022, how are its top three economies faring?

The global economy has been significantly impacted by artificial intelligence, and Japan, with its long history of technological innovation, is well-positioned to significantly impact the AI landscape. Japan is building its own AI innovations like ChatGPT that are anticipated to change a range of sectors, from manufacturing to healthcare, significantly influence the country's economic future.

Over the past two years, a remarkable economic phenomenon has unfolded on the global stage as two iconic pop sensations- Taylor Swift and Beyoncé- embarked on colossal tours that left an indelible mark on the world’s financial landscape.