Red Sea Shipping Disruption and International Trade

Over 80% of global trade is carried out by sea, and as the current state of affairs in the Red Sea demonstrates, interruptions to shipping routes can have far-reaching consequences. Policymakers and market observers have focused on the immediate effects of longer delivery times and higher fuel prices, but these are only the beginning. Businesses

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How to Adapt to the Industrial Shifts Caused by Technology, AI, and Internet Evolution

Technology, artificial intelligence (AI), and internet evolution are transforming the world at an unprecedented pace. These forces are creating new opportunities and challenges for businesses and industries across various sectors and regions. For instance, AI integrated Adobe Photoshop, ChatGPT, and other generative AI features. In this article, we will explore some of the major industrial

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Using Skill-based Hiring to Build Talented Diverse Teams

Skills-based hiring is a method of recruiting and selecting candidates based on their abilities and competencies rather than their credentials, background, or demographic characteristics. Skills-based hiring can help organizations build diverse, talented teams by: Reducing bias and discrimination: Skills-based hiring focuses on what candidates can do, not who they are or where they come from.

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How Does Data-driven Decisions Impact HR Management?

Data-driven decision-making is collecting, analyzing, and interpreting data quantitative and qualitative data to gain insights and make informed choices. It has numerous benefits for HR and organizations. Here are some of the key impacts of Data-driven decision-making in HR: However, it has some challenges and limitations that need to be addressed. Here are some of

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Why is Norway a major shipping nation?

Norway is a small country with a population of only 5.4 million, but it has a long and proud history of seafaring and maritime activities. Norway is currently the world’s fourth largest shipping nation, measured by the value of its merchant fleet, and it has a leading position in several segments of the maritime industry,

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