The presidential election on October 25 in the West African nation comes after a decade of relative stability following the post-electoral crisis of 20102011, which left thousands dead and the nation divided. While Ivory Coast has since enjoyed strong economic growth, deep political fault lines remain. The vote will follow a two-round system: If no candidate secures more than 50% of the vote, the election will head to a runoff.
The 2025 Sveriges Riksbank Prize for Economic Sciences in Memory of Alfred Nobel has been awarded to three researchers who have shown how technological and scientific innovation, coupled to market competition, drive economic growth. One half of the prize goes to economic-historian Joel Mokyr of Northwestern University in Evanston, Illinois, and the other half is split between the economic theorists Philippe Aghion of the Collège de France and the London School of Economics and Peter Howitt of Brown University in Providence, Rhode Island. "I can't find the words to express what I feel," Aghion said. He says he will use the money for research in his laboratory at the Collège de France.
The project, coordinated by the European High Performance Computing Joint Undertaking (EuroHPC JU), aims to help UK businesses and researchers take their first steps in using AI to improve productivity and unlock new economic potential. It will focus on raising digital literacy, providing technical expertise, and creating a pathway for companies to embed AI safely and efficiently within their operations.
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging. At such a critical moment in US history, we need reporters on the ground.
Like many other economists and experts, Dimon warns that at some stage the government will race a reckoning: They will try to sell debt and find either the market no longer wants to buy it, or the risk has increased to a point where they demand even higher interest payments. The metric that speculators are most concerned by is the debt-to-GDP ratio, in layman's terms: If an economy is growing fast enough to repay and service its debts.
Speaking to an audience of political and business leaders in Glasgow, CBI Chair Rupert Soames will call on the UK and Scottish governments to "walk on the same road to growth" and not let the "hurly-burly of an election destroy the close collaboration needed to attract investment." In championing Scotland's historic role as a "catalyst for the United Kingdom's fortunes", Soames will argue that excessive politicking risks squandering Scotland's enormous economic potential - including "natural energy resources that make our competitors green with envy."
Reeves who in July claimed regulators were a boot on the neck of business cheered her recent decisions to sack the chair of the competitions watchdog, shut down the payments regulator, and severely constrain the Financial Ombudsman Service, which UK banks have long lobbied to curtail. However, she said there was still more to do. I want to take out more regulators, there's still too many, Reeves told investment firms gathered in London at the British Private Equity & Venture Capital Association (BVCA) summit
Productivity is a dull word of vital importance. Growing the measure of output for each hour of work is an economic secret sauce, enabling growth in wages and living standards over the long run without stoking inflation.
I honestly don't believe that companies and small businesses should be deterred from employing people. The national insurance rise was one that could have been held back, particularly given the state of the economy.
Payne emphasized the positive economic developments during Trump's presidency, citing how Tim Cook announced a $600 billion investment in the U.S., creating 450,000 jobs.
Alpha Watt's Dafter facility utilizes surplus energy from Cloverland Electric Cooperative, one of America's oldest hydroelectric plants, to stabilize the energy grid.
Danantara, Indonesia's latest sovereign wealth fund, aims to facilitate 8% annual economic growth by consolidating state-owned enterprises for optimized resource management and job creation.
Prices remain stable in the Eurozone as inflation came in at 2% for July, the sixth consecutive month where year-on-year inflation has been 2.3% or less.
Expectations that the ECB would hold its interest rates unchanged could also support yields and the euro. In this regard, ECB officials signaled a more cautious stance.
Cornell has secured a 10-year, $10 million grant renewal to continue work aimed at spurring economic impact and job growth through applied research, development and commercialization of breakthrough technologies.
Mexican President Claudia Sheinbaum's six-year roadmap, Plan Mexico, aims to attract $277 billion in investment and create over 1.5 million jobs annually amid economic challenges.