ESG and Of Interest News


US unveils new tools to withstand encryption-breaking quantum. Here's what experts are saying

August 27, 2024--Quantum computing brings significant opportunity -and cybersecurity risks.
New encryption algorithms have been designed to endure cyberattacks from quantum computers.
Industry experts told the World Economic Forum that the algorithms mark a "pivotal milestone" and are an "essential stepping stone."

Earlier this month, a government lab in the United States released three highly anticipated encryption algorithms that were built to withstand cyberattacks from quantum computers.

The encryption standards, two of which were developed by IBM, can be used to "secure a wide range of electronic information, from confidential email messages to e-commerce transactions that propel the modern economy," the US Department of Commerce's National Institute of Standards and Technology (NIST) said in a statement.

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Source: weforum.org


Africa: Gender Equality Has Everything to Do With Climate Change

August 16, 2024--When a climatic disaster strikes, women have nowhere to go. They sit out dangerous climatic events, hoping that it is only a passing cloud. How is it, asks senior IPS correspondent Joyce Chimbi, that the road to COP29 is not littered with meaningful and powerful gender and climate blueprints from countries that are already making headway?

After years of reporting on the frontlines of climate change, I have witnessed the devastating impact extreme weather events have on women and girls. In Kenya's pastoralist communities in far-flung areas of Northern Kenya, West Pokot, Samburu and Narok counties, droughts mean a resurgence in harmful cultural practices such as outlawed female genital mutilation (FGM), beading and child marriages.

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Source: allafrica.com


Researchers Have Ranked AI Models Based on Risk-and Found a Wild Range

August 15, 2024--Studies suggest that regulations could be tightened to head off AI misbehavior.
Bo Li, an associate professor at the University of Chicago who specializes in stress testing and provoking AI models to uncover misbehavior, has become a go-to source for some consulting firms.

These consultancies are often now less concerned with how smart AI models are than with how problematic-legally, ethically, and in terms of regulatory compliance-they can be.

Li and colleagues from several other universities, as well as Virtue AI, cofounded by Li, and Lapis Labs, recently developed a taxonomy of AI risks along with a benchmark that reveals how rule-breaking different large language models are. "We need some principles for AI safety, in terms of regulatory compliance and ordinary usage," Li tells WIRED.

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Source: wired.com


Hunger numbers stubbornly high for three consecutive years as global crises deepen: UN report

July 24, 2024-FAO-IFAD-UNICEF-WFP-WHO Joint Release
Around 733 million people faced hunger in 2023, equivalent to one in eleven people globally and one in five in Africa, according to the latest State of Food Security and Nutrition in the World (SOFI) report published today by five United Nations specialized agencies.

The annual report, launched this year in the context of the G20 Global Alliance against Hunger and Poverty Task Force Ministerial Meeting in Brazil, warns that the world is falling significantly short of achieving Sustainable Development Goal (SDG) 2, Zero Hunger, by 2030.

The report shows that the world has been set back 15 years, with levels of undernourishment comparable to those in 2008-2009.

Despite some progress in specific areas such as stunting and exclusive breastfeeding, an alarming number of people continue to face food insecurity and malnutrition as global hunger levels have plateaued for three consecutive years, with between 713 and 757 million people undernourished in 2023-approximately 152 million more than in 2019 when considering the mid-range (733 million).

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Source: ifad.org


African insights 2024-Democracy at risk-The People’s Perspective

July 17, 2024--Africa's democratic project faces challenging times. Since 2020, soldiers have pushed out elected governments in six countries. Three presidents have defied constitutional limits to claim third terms in office. Other leaders use subtler means to erode democracy, weakening checks on their authority and harassing the political opposition.

Non-compliance by member states frustrates the African Union's progress in enforcing democratic norms.

Until the late 1990s, not much was known about the values, preferences, or insights of Africans. The idea of polling African citizens seemed impossible, even laughable, to some observers. Experts, media pundits, and politicians purported to know what the people thought. Conventional wisdom held that Africans typically focused on economic and social development and did not care much about democracy or human rights.

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Source: allafrica.com


In a nod to resiliency, FEMA will take climate change into account when rebuilding

July 11, 2024--When the Federal Emergency Management Agency (FEMA) spends millions of dollars to help rebuild schools and hospitals after a hurricane, it tries to make the community more resilient than it was before the storm. If the agency pays to rebuild a school or a town hall, for example, it might elevate the building above the floodplain, lowering the odds that it will get submerged again.

That sounds simple enough, but the policy hinges on a deceptively simple question: How do you define "floodplain"? FEMA and the rest of the federal government long defined it as an area that has a 1 percent chance of flooding in any given year. That so-called 100-year floodplain standard, though more or less arbitrary, has been followed for decades-even though thousands of buildings outside the floodplain go underwater every year.

Now FEMA is expanding its definition of the floodplain, following an executive order from President Joe Biden that forced government agencies to tighten rules about how they respond to the increasing risk of floods.

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Source: thebulletin.org


The oceans are heating so fast, some scientists call for a new "Category 6" hurricane classification

July 11, 2024--Hurricane Beryl, which slammed into Texas on Monday after wreaking havoc in the Caribbean, was supercharged by "absolutely crazy" ocean temperatures that are likely to fuel further violent storms in the coming months, scientists have warned.

Beryl left more than 2 million people without power after making landfall near Houston as a Category 1 storm, after having rampaged through the Caribbean as a category 5 hurricane, with wind speeds reaching 165 miles per hour (265km/h), killing 11 people.

There has never been a category 5 Atlantic hurricane this early in the year before, with most major storms forming closer to September. Beryl, however, rapidly accelerated from a minor storm to a Category 4 event in just two days.

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Source: thebulletin.org


Power-hungry AI is driving a surge in tech giant carbon emissions. Nobody knows what to do about it

July 8, 2024--Since the release of ChatGPT in November 2022, the world has seen an incredible surge in investment, development and use of artificial intelligence (AI) applications. According to one estimate, the amount of computational power used for AI is doubling roughly every 100 days.

The social and economic impacts of this boom have provoked reactions around the world. European regulators recently pushed Meta to pause plans to train AI models on users' Facebook and Instagram data. The Bank of International Settlements, which coordinates the world's central banks, has warned AI adoption may change the way inflation works.

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Source: theconversation.com


NASA launches first satellite to study heat emissions at Earth's poles

July 2, 2024--The shoebox-sized CubeSats will measure the heat radiated from Earth's coldest regions.
This data will help scientists predict changes in sea, ice and weather patterns due to global warming.
For the first time, a NASA satellite has been launched with the purpose of improving the ability to predict climate change by measuring the heat that escapes from Earth's poles.

The satellite-the first of a pair- is in orbit following lift-off from Rocket Lab's Electron rocket in Māhia, New Zealand, on Saturday, NASA said.

"This new information-and we've never had it before-will improve our ability to model what's happening in the poles, what's happening in climate," said Karen St. Germain, Earth sciences research director at NASA, reported by AFP.

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Source: weforum.org


IMF Promoting Gender Equality and Tackling Demographic Challenges

June 11, 2024--Summary:
Two broad contrasting demographic trends present challenges for economies globally: countries with aging populations, often advanced economies and increasingly emerging markets, anticipate a significant shrinking of the labor force, with implications for growth, economic stability, and public finances.

Economies with rapidly growing populations, as is the case in many low-income and developing countries, will face a burgeoning young population entering the labor market in the next decades-a large potential to reap the demographic dividend if the right skills and economic and social conditions are in place.

This note highlights how gender equality, in both cases, can serve as a stabilizing factor to rebalance demographic trends. As decisions regarding fertility, human capital investment, and labor force participation are interlinked, policies should aim at relaxing households' time and resource constraints that condition these choices. This means that, in general, in advanced economies and emerging markets, policies should facilitate women's work–life choices and boost female participation in the labor market, whereas policies in low-income and developing countries should focus on reforms that narrow gender gaps in opportunities and support human capital accumulation.

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Source: imf.org


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Americas


April 01, 2025 Calamos Announces Upside Cap Rates for CPSP and CPRA: Structured Protection ETFs Providing Exposure to S&P 500 and Russell 2000 with 100% Downside Protection Over One Year
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Europe ETF News


March 24, 2025 MarketVector Strengthens Leadership in Multi-Assets Strategies with the Launch of the MarketVector Crypto-Balanced Multi-Asset Index (TOPMDL)
March 24, 2025 21Shares expands European footprint with new listings on Nasdaq Stockholm

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Asia ETF News


March 28, 2025 HashKey Group and Bosera Launch World's First Tokenised Money Market ETF
March 25, 2025 Southeast Asia's Economies Can Gain Most by Packaging Ambitious Reforms
March 17, 2025 E Fund: Harnessing AI Trends in China to Drive Innovation and Enhance ETF Offerings
March 12, 2025 Viet Nam's Economy Forecast to Grow 6.8 Percent In 2025: WB
March 12, 2025 Coinbase returns to India: Crypto exchange confirms securing FIU regulatory nod

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Global ETP News


March 25, 2025 WEF-2024 Global Retail Investor Outlook
March 24, 2025 More Record-Breaking Growth Expected as Investors Lean on ETFs to Manage Global Uncertainty: BBH 2025 Global ETF Investor Survey
March 17, 2025 Infographic-Charted: Global Economic Policy Uncertainty (1997-2025)
March 06, 2025 IMF-Global Financial Stability Note-Pension Funds and Financial Stability

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Middle East ETF News


March 21, 2025 Qatar's Economy Grows 2.4% in 2024, Q4 GDP Up 6.1% Year-on-Year
March 20, 2025 Egypt's economic growth set to improve in Q2, driven by industry: minister
March 11, 2025 Qatar: QSE fully waives trading fees on ETFs, aims improved market liquidity
March 07, 2025 IMF-Financial Conditions and Their Growth Implications for Qatar: Qatar
March 07, 2025 IMF-Artificial Intelligence in Qatar: Assessing the Potential Economic Impacts

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Africa ETF News


March 30, 2025 Africa's Debt Crisis Under-Reported-AFRODAD
March 27, 2025 Africa's Digital Payments Economy to Reach $1.5trn By 2030-Report
March 24, 2025 Bitcoin Price Trends and the Future of Digital Transactions in Africa
March 10, 2025 IMF-Boosting Growth and Prosperity in South Africa
March 06, 2025 How Africa could help diversify the booming global semiconductor industry

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March 21, 2025 Could Digital Currencies Lead to the Disappearance of Cash from the Market?
March 12, 2025 IMF Note-Fund Investor Types and Bond Market Volatility
February 28, 2025 IMF Working Paper-Not all Housing Cycles are Created Equal: Macroeconomic Consequences of Housing Booms
February 28, 2025 Pension Reform and Stock Market Development
February 21, 2025 IMF Working Paper-Understanding the Macroeconomic Effects of Natural Disasters

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