Global Tech and Economics Overview
Curated tech and economics news around the globe that matter
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What Is GDP of a Country?
Gross Domestic Product, or GDP, is one of the most commonly used indicators to measure the size and health of a country’s economy. GDP represents the total value of all goods and services produced within a country’s borders during a specific period of time, usually a year. It provides insight into a country’s economic activity…
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What Happens When a Country Becomes Default?
When a country is unable to meet its debt obligations, it is said to be in default. This can happen for a variety of reasons, such as a decline in economic growth, political instability, or unexpected external shocks. Default can have serious consequences for both the country and the global financial system. In this article,…
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What is ChatGPT (explained by AI chat bot)
(This article was written by the same chatbot) ChatGPT is a powerful language generation model developed by OpenAI. It is based on the GPT-3 model, which is one of the largest and most advanced language models ever created. Unlike GPT-3, however, ChatGPT is specifically designed to assist in chat-based conversations and can generate responses that…
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German Economy Crisis – Recession is Inevitable
Inflation and the energy crisis are pushing the German economy into a recession. Let’s understand the details: What is the current Inflation level in Germany? Germany reported 10% CPI in September YoY which is the highest increase since WWII. Inflation has been on the rise since the beginning of the year primarily due to Russia…
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