Category Archives: Economics/Finance

BUSINESS: ChatGPT could threaten some jobs – particularly white-collar ones

ChatGPT

  •  is only a few months old and already causing waves in the business world.
  • Experts say ChatGPT and related AI could threaten some jobs, particularly white-collar ones.
  • Insider compiled a list of 10 jobs this technology could replace, according to experts.

The chatbot may be more powerful than we ever imagined. Google found that, in theory, the search engine would hire the bot as an entry-level coder if it interviewed at th company.              Continue reading

CANADA: Toronto’s vacant home tax has arrived and here’s what you need to know 

CHINA-AFRICA: The Myth of the Chinese Debt Trap in Africa – video

 CHINA-AFRICA: The Myth of the Chinese Debt Trap in Africa – video

Over the past two decades, China has built large infrastructure projects in almost every country in Africa, making Western powers uncomfortable amid wider concerns about Beijing’s investments across the continent. However, a deeper look shows that accusations of so-called debt trap diplomacy turn out to be unfounded.

#Africa #China #BloombergQuicktake

COMMENTS on YOUTUBE:  https://www.youtube.com/watch?v=_-QDEWwSkP0

WORLD: GLOBAL Cyber Attack ‘Likely This Year’ (Says WEF) – video

Commentary By Neil McCoy-Ward

Comments on YouTube: https://www.youtube.com/watch?v=bvbaf6Uypnc

VIEWPOINT: The World Economy No Longer Needs Russia

Russia’s President Vladimir Putin

VIEWPOINT: The World Economy No Longer Needs Russia

With alternative sources in place, Putin’s attempt at blackmailing Europe on energy has failed.

By Jeffrey Sonnenfeld, the Lester Crown professor in management practice and a senior associate dean at the Yale School of Management, and Steven Tian, the director of research at the Yale Chief Executive Leadership Institute. | Foreign Policy

For much of the past year, and since his invasion of Ukraine last February, Russian President Vladimir Putin has been riding high on his supposed energy omnipotence, holding the global economy hostage to his whims. Since last summer, Putin has choked off natural gas supplies to Europe, hoping that Europeans, shivering and without heat during the winter, would turn on their leaders and make it politically infeasible to continue support for Ukraine.               Continue reading

GUYANA: Georgetown – City Hall restoration climbs to over $1B with $263.2 M budgetary allocation

The restoration works ongoing at City Hall

This was outlined by Minister within the Office of the President with the Responsibility for Finance, Dr. Ashni Singh.   During the reading of the national budget on Monday, Dr. Singh outlined that the additional sums will be diverted to City Hall for the completion of the building.        Continue reading

GUYANA: 2023 BUDGET SET AT G$781.9B – $208.9B from Oil Account

          – Govt. to draw down $208.9B from oil account for support

               Sugar, fisheries, gold industries perform poorly

Jan 17, 2023 – Kaieteur News – Senior Minister with responsibility for Finance, Dr. Ashni Singh yesterday unveiled a $781.9B budget for 2023 under the theme: “Improving Lives Today, Building Prosperity for Tomorrow.”

This is 41.4 percent larger than the 2022 budget which stood at $552.9B.

During an almost six-hour presentation in the National Assembly, Dr. Singh was keen to note that $208.9B in oil revenues will be withdrawn from the Natural Resource Fund (NRF) to support national development priorities this year. Last year, government had used $126B to prop up the 2022 budget.        Continue reading

GUYANA: Exxon study says… 5th oil project could affect air quality we breathe’

Jan 15, 2023  – Kaieteur News – American oil giant, ExxonMobil Corporation, has put Guyana on notice that its fifth project in the Stabroek Block, set to develop over 1.3 billion barrels of oil, could affect the nation’s air quality.

Specifically, the Environmental Impact Assessment (EIA) for the US$12.6B project states that emissions resulting from the project have the potential to change ambient air quality in the Project Area of Influence. Air quality Exxon noted is important for health of humans and wildlife. It was further noted by Exxon that Greenhouse gas (GHG) emissions from the Project may increase the GHG concentrations in the atmosphere.            Continue reading

GUYANA: ExxonMobil Liza Guyana Gas-to-Shore Project – Video

Comments on YouTube: https://www.youtube.com/watch?v=zNpL7qGlzgM&t=1s

TECHNOLOGY: Elon Musk – Disturbing Details on Population and Artificial Intelligence – Video

Comments on YouTube: https://www.youtube.com/watch?v=6YtinjILzVQ

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