Special Reports

A new paper published in the European Journal of Risk Regulationconsiders the danger from existential terrorism, defined as acts that threaten the existence of humanity. The authors highlight what they term ‘spoiler attacks’ involving AI or other new technology, which might enable a group with limited resources to cause unprecedented destruction. “I don't expect existential terrorism to be at the top of global agendas, nor do I believe it should be,” Zachary Kallenborn, one of the report’s, authors told me. “But global discourse is clearly changing around existential risk.” Kallenborn is a Policy Fellow at the Schar School of Policy…
As Pakistan spiralled into crisis this year, Wilson Muthaura pressed its government to put the tea Kenya's KTDA co-operative produces 3,400 miles away on a list of essentials that would grant importers access to precious U.S. dollars. His urgent lobbying reflects anxiety about a scarcity of dollars - the lifeblood of global trade - across emerging market and developing economies (EMDEs) that is impeding commerce and piling pressure on local currencies and sovereign debtors. The World Bank estimates that one in four EMDEs have effectively lost access to international bond markets, a key source of hard currency needed to pay…
Things have been topsy turvy lately on the roadsides of West African nations where cheap contraband petrol from Nigeria has abruptly doubled in price, upending an informal sector that is central to the region's economic activity. Since Nigeria scrapped a state fuel subsidy on May 31, black market fuel vendors and commercial drivers in Cameroon, Benin and Togo who were heavily reliant on petrol smuggled from Nigeria have seen their businesses collapse. With supplies dwindling, queues have been forming at official petrol stations, where fuel is now competitively priced. In Garoua, a town in northwest Cameroon about 60 km (37…
Inside the stables of Paleis Noordeinde in The Hague is a golden coachembellished with images of colonial offerings to Dutch rulers that many, including the current Dutch king, regard as a symbol of exploitation that, according to a new study, netted three Dutch rulers the equivalent of more than €545m (£465m). Historians calculated the staggering value of colonial profit for Willem III (also king of England, Ireland and Scotland), Willem IV and Willem V for a report published at the request of the Dutch parliament last week before a widely expected apology over slavery from the Dutch king. The study,…
Beneath your feet in the depths of our planet, there’s an unbelievably vast ecosystem teeming with life. In recent years, a massive international team of scientists revealed how billions upon billions of microorganisms live miles beneath Earth’s subsurface. Presenting their work at the American Geophysical Union's annual meeting in 2018, the researchers calculated the size of this mysterious treasure trove of life for the first time – and it was way bigger than they expected. They reported that approximately 70 percent of the total number of microbes on the planet live underground. In total, these microbes represent around 15 to…
The international economic architecture built after 1945 was based on a powerful idea: economic interdependence is crucial, if insufficient, for global peace and prosperity. The International Monetary Fund, the World Bank, and the predecessor to the World Trade Organization were founded in response to the three preceding decades of ceaseless instability, when the world had been devastated by two world wars, the Great Depression, and political extremism. It had also been a period of deglobalization, in which countries retreated into increasingly isolated trading blocs. In the rubble of World War II, governments sought to construct a new system that, by…
Across the west, popular misery and ‘elite overproduction’ are fuelling crisis, argues data-driven historian Peter Turchin. So what can we do to turn things around? In February 2010, Peter Turchin, a relatively obscure researcher at the University of Connecticut, wrote a letter to the distinguished journal Nature. He was responding to their “2020 visions” issue – an upbeat dawn-of-the-decade exercise that collected predictions of progress from across science and politics. Turchin assumed the role of Cassandra. “The next decade is likely to be a period of growing instability in the United States and western Europe,” he wrote, “which could undermine…
The rugged, chilly coast of northern Norway, beyond the Arctic Circle, is not usually thought of as prime agricultural land. But far down a dead-end road on the shores of Skjerstad Fjord sits Salten Smolt, one of the most advanced farms in the world. Rather than crops or cows, though, the firm produces fish. Inside its 7,000 square metre main building are tanks capable of producing 8m smolt—juvenile Atlantic salmon—every year. Fish farming is the fastest-growing form of food production in the world. Seafood accounts for around 17% of the world’s protein intake (in some parts of Asia and Africa,…
The young woman was catatonic, stuck at the nurses' station - unmoving, unblinking and unknowing of where or who she was. Her name was April Burrell. Before she became a patient, April had been an outgoing, straight-A student majoring in accounting at the University of Maryland Eastern Shore. But after a traumatic event when she was 21, April suddenly developed psychosis and became lost in a constant state of visual and auditory hallucinations. The former high school valedictorian could no longer communicate, bathe or take care of herself. April was diagnosed with a severe form of schizophrenia, an often devastating…
Future historians may well mark the second half of March 2023 as the moment when the era of artificial intelligence truly began. In the space of just two weeks, the world witnessed the launch of GPT-4, Bard, Claude, Midjourney V5, Security Copilot, and many other AI tools that have surpassed almost everyone’s expectations. These new AI models’ apparent sophistication has beaten most experts’ predictions by a decade. For centuries, breakthrough innovations – from the invention of the printing press and the steam engine to the rise of air travel and the internet – have propelled economic development, expanded access to…
May 06, 2024

Banks’ lending to private sector declines N9.65trn as CBN tightens screws on liquidity

The Central Bank of Nigeria (CBN) has revealed a substantial reduction in banks' loans to…
May 06, 2024

Atiku: Having Seyi Tinubu on the boards of companies belonging to Chagoury shows that Lagos-Calabar…

Atiku Abubakar, the People's Democratic Party (PDP) presidential candidate for 2023, has voiced strong criticism…
May 05, 2024

Here’s when people think old age begins — and why experts think it’s starting later

New research suggests that 74 is the new 71. Our perception of when “old age”…
April 13, 2024

A new camera can undress people almost in real time—to send a message about AI

Nuca, a new deepfake camera, is an art project that shows how artificial intelligence can…
May 05, 2024

Gunmen abduct Archbishop, 5 other clerics in Anambra

Uka Uka Osim, a leader of the Brotherhood of the Cross and Star, along with…
May 06, 2024

Here’s the latest as Israel-Hamas war enters Day 213

Truce Talks Shift to Qatar as Hamas Hits Israel Border Crossing Israel closed the Kerem…
May 01, 2024

Wellspring Consulting proposes cybersecurity investment to boost Nigeria's economy

In a bid to rescue Nigeria from its economic challenges, Wellspring Consulting advocates for significant…
April 30, 2024

Finidi George is new Head Coach for Super Eagles

Former Nigerian winger Finidi George has been appointed as the head coach of the national…

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