Backup your digital files whether business or personal

Losing digital data nowadays can end up being a nightmare. Our lives are part of digital content, as we store documents, photos, videos, and a variety of other useful datasets. Therefore, always make sure that a second copy is made on any other media you might choose. The type of backup is less important than having that second copy available. Always backup your files to prevent data loss in case of drive failure. It is critical to know that files can get corrupted, and hardware can fail no matter how new or reliable a device is.

Read More

What is the first day of the week?

The first day of the week is Monday. A week is a time unit equal to seven days and it is the standard period used worldwide. In English, the names for a week are Monday, Tuesday, Wednesday, Thursday, Friday, Saturday, and Sunday, then returning to Monday. The seven-day cycle runs independently of the cycle of a (year) calendar.

Read More

The digitalization of money and the major transformations it brings

What would be the purpose of a digital currency, such as the euro? How would it work? Our society is ready to adopt a digital currency, or not? The activity of banks will be dramatically changed, or not? What about the privacy of what money can buy? Who will rule this new digital reality? Indeed, these questions arise since the European Central Bank (ECB) has decided to launch a two-year investigation phase of a possible digital euro (since July 14, 2021).

Read More

Rules to protect the essential infrastructure of the European Union

The European Parliament has recently given its final approval to rules on improving the protection of the European Union’s (EU) essential infrastructure, with 595 votes in favor. The event of boosting critical infrastructure protection in the EU means that we are facing new challenges in this globalized environment.

Read More

Why do central banks raise the interest rates to fight inflation?

In United States, the Federal Reserve is raising interest rates to fight inflation. In Europe, the European Central Bank (ECB) and its Governing Council decided to raise the key ECB interest rates too. Why these policies are important? What do they try to fix?

Read More

Το καλάθι του νοικοκυριού και το πορτοφόλι του νοικοκυριού

Μία ακόμα καθαρά πολιτική απόφαση εφαρμόζεται από σήμερα στην Ελλάδα. Η αναφορά γίνεται για το περίφημο καλάθι του νοικοκυριού, βάσει του οποίου όλες οι αλυσίδες σούπερ μάρκετ που είχαν το 2021 κύκλο εργασιών άνω των 90 εκατομμυρίων ευρώ, υποχρεούνται να ακολουθήσουν το νέο κανόνα των προσφορών.

Read More

The future of human resources in the age of automation

Until today, the influence of the human resources (HR) department rises and falls depending on how professionals respond to the constant challenge of keeping a workplace functional, profitable, and valuable enough for its core elements. However, the speed of current technological breakthroughs has no historical precedent.

Read More

New EU directive on minimum wage and standard of living

With 505 votes in favor, 92 against, and 44 abstentions, European Parliament adopted new legislation on adequate minimum wages in the European Union (EU) on September 14, 2022. The minimum wage should ensure a decent standard of living, while EU rules must respect national wage-setting practices.

Read More

Guide on how to choose between two or more job opportunities

During the process of searching for a new job it is possible to end up with multiple options. This means that you can be both exciting and stressful, concerning your needs, the environmental factors, and the actual plan that you want to develop for your career.

Read More

Every person worldwide is now identifiable through AI, but at a cost

The Hellenic Data Protection Authority (HDPA), which has as its mission the supervision of the application of the General Data Protection Regulation (GDPR), fined Clearview AI 20 million euros for unlawful processing of biometric data and ordered it to stop the collection of such data, as well as to delete all existing data.

Read More

CEOs’ views on in-person collaboration and business culture

Apple chief executive, Tim Cook, sent a memo to employees on Monday. Particularly, in the memo seen by the Financial Times, Apple tells employees to return to work for at least three days a week from September. The move would preserve the “in-person collaboration that is so essential to our culture”, according to Cook.

Read More

Protected Designation of Origin Products (PDO): The case of Greek Feta

Greece claims that as a nation it has been making Feta since ancient times, while in 2002 was awarded protected status. This type of cheese is part of Greek origin protection mechanisms, so only cheese made in Greece can be sold as such. According to Homer’s epic poems Cyclops Polyphemus, son of the god of sea Poseidon, was the first cheese, and in particular feta, maker in the world 3,000 years ago.

Read More

A new world of heightened macro volatility and higher risk

Since Russia’s invasion of Ukraine at the end of February 2022, banks, governments, and individuals are forced to cope with a new world. Inflation is not just a trend, but it is a reality that we must live with for the next few years (at least).

Read More

70% of business leaders believe AI is having a positive impact on business and employees

A new report from Yell titled “How Artificial Is Our Intelligence?” that focuses on the potential and the impact of using Artificial Intelligence (AI) in business has revealed some very interesting facts. Through AI it is possible to save time, money, and human working hours.

Read More

Artificial Intelligence and human resources prospects in workplace

Artificial Intelligence (AI) and other disruptive technologies have the potential to increase human well-being substantially. We need to build on this new reality by focusing on options for regulating the use of AI and algorithmic management systems across the world. Workers and employers will increasingly be confronted with AI applications and AI-induced software. This means that labor relations will be affected on a great level.

Read More

An urgent response to the global food crisis

The World Bank recently (18/5) announced planned actions for global food crisis response to the ongoing food security turbulence. More than 30-billion-dollar funds will be used by The World Bank in existing and new projects in areas such as agriculture, nutrition, social protection, water, and irrigation.

Read More

The economic impact of a global nuclear holocaust

A nuclear holocaust, or in other words a nuclear apocalypse, is -still- a theoretical scenario where the mass detonation of nuclear weapons causes an unprecedented global destruction and radioactive fallout.

Read More

Paying for natural gas in rubles will not change anything

Europe imports large amounts of Russian natural gas, even today, despite the war in Ukraine. According to officials, around 60% of imports are paid in euros, and the rest in dollars. However, Putin wants to change that by requiring foreign gas importers to purchase rubles and use them to pay for the natural gas.

Read More

Borders and sanctions: Russia out of the economic game

A sanction is actually a penalty imposed by one country (or a group) on another, and it is used as a tool to stop the country acting aggressively or breaking international law. Sanctions are designed to hurt the economy in general and the finances of individual citizens of a given country. So, is Russia still in the global economic game?

Read More

Η παγκόσμια ημέρα της γυναίκας δεν είναι -ακόμα- αυτονόητη για όλους

Η παγκόσμια ημέρα της γυναίκας εορτάζεται στις 8 Μαρτίου κάθε έτους. Στόχος της ημέρας είναι η απόδοση τιμής και μνήμης σε σχέση με τους αγώνες του κινήματος για τα δικαιώματα των γυναικών παγκοσμίως. Το ερώτημα που τίθεται ωστόσο είναι, αν κατάφεραν τελικά οι γυναίκες να κερδίσουν αυτό που ήθελαν.

Read More