A decade after the global financial crisis circa 2008, the global economy has finally recovered. The Global Economics Prospects 2018 report just published by the World Bank, subtitled "Broad-Based Upturn, but for How Long?" tells the story.
"The way we design, produce, and use clothes has drawbacks that are becoming increasingly clear. The textiles system operates in an almost completely linear way: large amounts of non-renewable resources are extracted to produce clothes that are often used for only a short time, after which the materials are mostly sent to landfill or incinerated. More than USD 500 billion of value is lost every year due to clothing underutilisation and the lack of recycling. Furthermore, this take-make-dispose model has numerous negative environmental and societal impacts. For instance, total greenhouse gas emissions from textiles production, at 1.2 billion tonnes annually, are more than those of all international flights and maritime shipping combined. Hazardous substances affect the health of both textile workers and wearers of clothes, and they escape into the environment. When washed, some garments release plastic microfibres, of which around half a million tonnes every year contribute to ocean pollution – 16 times more than plastic microbeads from cosmetics. Trends point to these negative impacts rising inexorably ..."
You want your B2B company website to look professional but still want to get the job done as quickly as possible? Should you hire a developer or take the task in your hands? What is the best package deal in the market?
In the accounting world we have had two approaches to write accounts: Passing single entries or just making notes of what transactions we did and with whom. But it never really helped us as it did not show the other side of transaction and never gave a full picture of the financial position of an entity. Then came the double entry system of book keeping and accounting which solved all the problems that the single-entry system had. It showed us two sides of the transaction i.e Debit and Credit, which revolutionized the accounting world forever.
If you’ve seen the movie “Snakes on a Plane,” you’ll recall the scene where Samuel L. Jackson uses some colorful language to describe how fed up he is with all the snakes on that plane. While I’m going to use less colorful language here, substitute “killer robots” for “snakes” and “the conversation about AI” for the word “plane,” and you’ll understand how I feel. Even if you haven’t seen it, you get the idea.