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Posts by Marcellino Nehme

Poor Countries Are Running Out of Time to Get Rich

Source: Bloomberg

The United Nations currently predicts that by 2027, India will overtake China as the world’s most populous country. Estimates suggest India and Nigeria will together add 470 million people in the next three decades — almost a quarter of the world’s population increase to 2050. In many parts of India, for instance, the total fertility rate —…

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Thriving in the era of pervasive AI

Source: Deloitte

We are entering a new chapter in the adoption of the current generation of AI technologies: Capabilities are advancing, it is becoming easier to develop and implement AI applications, and companies are seeing tangible benefits from adoption. We have seen AI deployed across a wide spectrum of use cases to solve business problems—from managing and…

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Coronavirus Hastens the Rise of the Cashless Economy

Source: Bloomberg

Across the globe, Covid-19 is fueling the rise of  the cashless economy as employees and consumers alike worry that the direct handling of paper currency could spread the coronavirus.But while the change means convenience and fewer virus worries for some, concerns abound for people who don’t have sufficient bank, credit or digital access. In the U.K., the consumer…

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The Big 4 audit firms keep failing. Now they’re being forced to change

Source: CNN Business

The UK accounting watchdog has given Deloitte, EY, KPMG and PwC four years to split their audit and consulting businesses in an effort to improve corporate reporting following a string of high-profile accounting scandals.The move is meant to ensure that audit practices are focused on “delivery of high-quality audits in the public interest,” and do…

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