the European Bank for Reconstruction and Development
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EBRD lowers growth forecast as Iran war energy shock continues to hit economies
Economic growth across the European Bank for Reconstruction and Development's regions is expected to slow more sharply than previously forecast this year, largely due to higher inflation linked to the Iran war, which has pushed up energy prices. Inflation across the bank's regions rose to 6.4%. The European Bank for Reconstruction and Development (EBRD), which invests across emerging economies spanning central and eastern Europe, Central Asia, the Middle East and North Africa, has lowered...
Safer grids, higher bills? EU's Chinese solar inverter ban reshapes renewable energy
Brussels moves to ban EU funding for clean energy projects that use solar and battery inverters from “high-risk countries”, namely China. Now, manufacturers must rely on European alternatives, which risks increasing European energy bills and production costs. Solar systems generate 13.4 percent of EU electricity and are a cornerstone of the European energy grid.
Taiwan's Asus unveils 'AI City' and Nvidia-powered laptops at Computex
Euronews Next spoke to Asus' co-CEO about Nvidia-powered AI laptops and the company's plan to export its 'AI City' model. When the Taiwanese tech company ASUS took to the stage of the Computex conference this year, the conversation quickly moved beyond laptops. The company’s co-CEO, Samson Hu, told Euronews Next about a future in which the East Asian island nation becomes more than just the semiconductor hub and transforms into an "AI city" and a model for the rest of the world.
Deep learning four decades of human migration
Abstract Human migration is a fundamental driver of global demographic change, shaping population structure, labour markets and social policy across countries1,2,3. Although long-term migration patterns are often linked to economic development4, they can shift rapidly in response to shocks such as conflict, environmental crises and political change5. Despite its importance, migration remains difficult to measure consistently: existing data are sparse, concentrated in high-income settings and...