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AI-powered solutions to combat business lending fraud (startrek.website)

Artificial intelligence (AI) has improved the outcomes for hundreds of thousands of businesses by automating and speeding up their processes. Yet, it has also helped the criminals too, making it easier for them to commit fraud and steal money. Nowhere has this been more keenly felt than in the banking and finance industry, where...

‘Bashar out!’: Protests in southern Syria over economy now target president (www.aljazeera.com)

Hundreds of people have protested in southern Syria to urge President Bashar al-Assad to step down, capping nearly two weeks of demonstrations that had erupted over poor living conditions but have spiralled into renewed calls for political change....

Germany is staring at the end of its economic model (english.elpais.com)

The change in the geopolitical order, disrupted by the invasion of Ukraine, has exposed the weaknesses of the German economic model. The German model, points out Wolfgang Münchau in one of his analyses for Eurointelligence, hinges on three ingredients: cost competitiveness, technological leadership in its industry and...

Private equity profits from climate disaster clean-up – while investing in fossil fuels (www.theguardian.com)

Historically, the disaster restoration industry was made up of smaller, independent businesses handling local projects. But after Hurricane Katrina in 2005, private equity firms saw an opportunity to consolidate the market by buying up smaller companies, and some estimates value the US restoration industry as high as $200bn.

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