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Investment Report 2024/25

The European Union is the second largest economy in the world and the largest trader of manufactured goods and services. European firms already showed their agility in responding to trade shocks in 2022 and 2023 by investing in resilience and digital tracking, increasing inventories and diversifying suppliers. This served as a test for the new wave of trade shocks. • Europe is a research powerhouse. It issues 24% more research publications than the United States, according to the Nature Index. This is an indicator of the strength of Europe’s research base and an asset to exploit for more industrial and service applications. • European firms are positioned to exploit the opportunity presented by the integration of AI into industrial and service processes. So far, AI investments have largely focused on two basic components: infrastructure, such as data centres, and models. Both are highly energy intensive, while the latest developments suggest their use is becoming a commodity. Progress ...

Türkiye Geneli Ekonomik Araştırma Raporu

Ülkemizde Son Dönemlerde Yaşanan Ekonomik Kriz Sizi Nasıl Etkiliyor?” sorusuna araştırma grubunun %88,9’u “Çok Etkiliyor”, %10,7’si “Etkiliyor” derken; Siyasi partilerin seçmenlerinin tamamına yakını krizden etkilendiklerini bildirmişlerdir. Ayrıca krizden her yaş grubu etkilenmekle beraber 18-24 ile 25-34 genç yaş gruplarının daha fazla etkilendiği görülmüştür. Ekonomik krizin etkisinin en çok hissedildiği durumlardan biri olan alım gücüne dair soruların ilkini “Son Bir Yıl İçerisinde Alım Gücünüz Nasıl Değişti?” sorusu oluşturmuştur. Katılımcıların %4,6’sı “Alım Gücüm Bu Süreçte Çok Arttı”, %1’i “Arttı” derken; %15,5’i “Azaldı”, %78,3’ü “Çok Azaldı” yanıtlarını vermişlerdir. Krizden etkilenme oranı ile bu soruya verilen yanıtlara bakıldığında krizin “alım gücünü arttırıcı” etkisini yaşayan toplamda %5,6’lık bir kesim olduğu anlaşılıyor. Yine katılımcıların %52,4’ü “Son Bir Yıl İçerisinde Kredi Aldığını”, %69,3’ü ise “Son Bir Yıl İçerisinde Kredi Dışında Borç” aldığını söylemiştir. Bo...

Uluslararası Üniversite Sıralamaları ve Türk Üniversitelerinin Durumu

Sıralamalarda Daha Çok Başarılı Olmak İçin Ne Yapmalıyız? Kaliteli üretim • Akademisyen başına üretim • Uluslararasılaşma– Öğrenci sayısı– Sanayi işbirliği • Mezunlarla iletişim…

Leading the call for an EU Water Strategy

Water security is no longer a distant concern – it’s a critical issue across Europe. Pollution and overconsumption are threatening our water resources, and over three-quarters of Europeans demand stronger action from the EU. National efforts are falling short, and existing policies lack the depth and coordination needed to tackle these growing challenges.Confronting these challenges head-on, the European Economic and Social Committee (EESC) has taken a lead in advocating for a comprehensive EU water strategy. In 2023, we launched the EU Blue Deal – the first major call for a unified EU water policy. This ground-breaking initiative not only identifies Europe’s water issues but also delivers a clear and concrete roadmap for tackling them. We propose a holistic and strategic approach, featuring 15 principles and 21 actions to address the social, economic, environmental and geopolitical dimensions of water management. The solutions are clear: reduce, reuse, recycle water, cut pollution, an...

2024: Confronting Political Pressure, Disinformation, and the Erosion of Media Independence

The war in Ukraine remained the most pressing concern in 2024, as Ukrainian and international journalists risked their lives daily on the front lines. Media professionals, like other civilians across the country, endured the constant threat of Russian bombardments. The essential role of the media in covering conf licts was further challenged by press freedom violations amid the ongoing crisis in Gaza, the West Bank, and the wider Middle East. ■The results of numerous elections in Council of Europe member states, at the European level, and in the United States revealed a growing influence of illiberal and populist parties. These parties, often hostile to critical and public interest journalism, displayed this through derogatory rhetoric, legal constraints on media, and regulatory interference that undermined public service broadcasters. ■Within Europe, this report documents extensive abuses, highlighting the urgent need for wide-ranging legislative and practical reforms. ■SLAPPs and leg...

GLOBAL EUROPE FORUM By Renew Europe

As a political model, the nation-state fuses two principles: the principle of state sovereignty, first articulated in the Peace of Westphalia (1648), which recognizes the right of states to govern their territories without external interference; and the principle of national sovereignty, which recognizes the right of national communities to govern themselves. National sovereignty in turn is based on the moral-philosophical principle of popular sovereignty, according to which states belong to their peoples. The latter principle implies that legitimate rule of a state requires some sort of consent by the people. That requirement does not mean, however, that all nation-states are democratic. Indeed, many authoritarian rulers have presented themselves—both to the outside world of states and internally to the people under their rule—as ruling in the name of a sovereign nation. Although France after the French Revolution (1787–99) is often cited as the first nation-state, some scholars consi...

HSBC Financial Performance 2024

Financial performance (vs 2023)– Profit before tax rose by $2.0bn to $32.3bn, including a $1.0bn net favourable impact from notable items. In 2024, these included a gain of $4.8bn on the disposal of our banking business in Canada, the impacts of the disposal of our business in Argentina, comprising a $1.0bn loss on disposal, and the recycling of foreign currency reserve losses and other reserves of $5.2bn. In 2023, notable items included an impairment of $3.0bn on our associate, Bank of Communications Co., Limited (‘BoCom’), disposal losses of $1.0bn on Treasury repositioning and risk management and a $1.6bn gain recognised on the acquisition of Silicon Valley Bank UK Limited (‘SVB UK’). Profit after tax increased by $0.4bn to $25.0bn.– Constant currency profit before tax excluding notable items increased by $1.4bn to $34.1bn, primarily reflecting revenue growth in Wealth and Personal Banking (‘WPB’) and Global Banking and Markets (‘GBM’), partly offset by a rise in operating expenses,...