While green government spending should lift GDP, higher carbon prices--high enough to meet 2030 climate targets--could prove to be an economic shock for some countries, said S&P Global Ratings in a new report.
Covid-19 has transformed the world in two years. Apart from the unprecedented hardship and suffering it has visited on millions, it has also reshaped behaviour and attitudes in profound ways.
Increased video conferencing, a greater reliance on cloud operations, and the rising threat of cybersecurity attacks, form a maelstrom of network issues, said an industry expert, noting that the answer to these challenges may well be Wi-Fi 6E.
The fundamentals of how cybersecurity is approached are still unclear, says an industry expert, highliting which is why we still see businesses spend on the bottomless well and still get breached.
Decarbonisation at the cost of energy poverty is not going to be a palatable proposition to many,” Sergey Vakulenko, Head of Strategy and Innovations of Gazprom Neft, tells OGN.
Global energy demand stands to grow as much as 50% by 2050 and it is expected to increase in developing economies, such as Bahrain, until 2035, and perhaps even beyond.
The future of business is not about replacing human talent with machines designed to do what humans do, says an industry expert, noting that the goal must be to augment managers with the technologies they need to do their jobs more efficiently.
Factors such as tepid Opec+ production hikes, gas-to-oil substitution, China’s power crunch and the inability of producers outside Opec+ to meet surging demand could well spur oil prices towards $100 per barrel (/b), a report said.
Despite increasing cyber-attacks targeting data in the cloud, the vast majority (83%) of businesses are still failing to encrypt half of the sensitive data they store in the cloud, raising concerns as to the impact cyber criminals can have, a report said.
The Middle East emerged as the only region to record improved confidence across six straight months spanning the second and third quarters (Q2 and Q3) of 2021, said the latest Global Economic Conditions Survey (GECS).
