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  Global services trade growth slowed in the first quarter of 2025 to 5% year-on-year, roughly half the pace recorded in both 2024 and 2023. The appreciation of the US dollar against the euro and other currencies, coupled with increased economic uncertainty, contributed to the slowdown in services trade in the early months of the year. Services exports in Europe and North America increased by only 3% year-on-year in the first quarter of 2025, down from 8% and 11% respectively in the first quarter of 2024. In contrast, strong growth was sustained in Asia at 9%. The overall slowdown in services trade was mainly due to “Other commercial services,” a category that encompasses a wide variety of mostly digitally deliverable services ranging from financial to professional services (Chart 1). In 2024, “Other commercial services” accounted for some 60% of global services trade, with Europe contributing 40% of those exports (Chart 2). Chart 3 shows a deceleration across selected subsectors o...

  SEOUL—Humane Society International/Korea is calling on legislators to back a series of tough new legal measures to address the lack of progress by Korea’s relevant regulatory and research funding ministries toward reduction and replacement of animal testing. Statistics on laboratory animal use in 2019 published this week by Korea’s Ministry of Agriculture, Food and Rural Affairs’ Animal and Plant Quarantine Agency[1] revealed a marginal 0.4% decrease in total animal use compared to the previous year (3,712,380 in 2019 compared to 3,727,163 in 2018), together with alarming increases in animal use for testing insecticides (+187%), industrial chemicals (+115%), education and training (+77.8%), pharmaceutical quality control testing (+40%), production of genetically modified animals (+12%), and experiments in the most severe pain category (+9.7%). Borami Seo, HSI/Korea senior policy manager for research and toxicology, said: “These statistics make it clear far Korean authorities and ...

  On behalf of the co-chairs of the Inter-Agency and Expert Group on Disaster-related Statistics (IAEG-DRS) , we are pleased to announce the launch of the global consultation on the draft Global Disaster-Related Statistics Framework (G-DRSF) —a milestone in advancing global standards for disaster-related data. The development of the G-DRSF has been a coordinated effort led by UNDRR , the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) , and the United Kingdom Health Security Agency (UKHSA) . This initiative directly responds to United Nations Statistical Commission Decision 50/116 , which calls for the creation of a unified and internationally accepted statistical framework for disaster-related statistics. A Global Effort Rooted in Collaboration The draft G-DRSF represents the collective output of more than four years of collaboration among experts from official statistics, disaster risk reduction, geospatial information, and a wide range of national...

  Work is underway to grow SK Telecom’s presence in data infrastructure at home and abroad. As reported by  Data Centre Dynamics , the company plans to expand its Ulsan site in South Korea and build another facility in Vietnam. During SK’s AI Summit on November 3, company leaders said the Ulsan buildout will support 1GW of capacity. That target is more than ten times the original goal of 103MW. The expansion is part of an MoU (memorandum of understanding) between the firm and Ulsan Metropolitan City. The Ulsan data centre sits on land once used by SK Group’s chemicals subsidiary and is tied to a partnership with AWS. The construction agreement was signed in June, with ground work starting in early September. Earlier planning suggested that 41MW would be available by November 2027, with full completion set for February 2029. It is not clear if these timelines will shift under the larger build. THE cost of the upgrade is also unknown, although Korea’s Ministry of Science h...

  If there's one thing that's certain in a digital world, it's that we are surrounded by ever-increasing amounts of data. From your daily step counts to weather reports to global market trends, data is everywhere. For Mathematics and Statistics Lecturer Xun Xiao, data is his happy place. It's where he works, showing students every day how "interpreting data through statistical thinking can unlock insights in the world around them." "Our world is absolutely flooded with data. A news story is data. A photo is data. A video clip is data," Xun says. "If you want to truly make sense of modern life, you need to understand data, starting from the very basics." Data though, is "information plus noise." "The problem is noise often dominates the signal. What you see may not be the truth." That's where the study of statistics comes in. "Studying statistics teaches you how to extract meaningful information from a noisy worl...

  Australia’s mining and manufacturing sectors are taking extraordinary lengths of time to discover cyber intrusions, with new figures revealing delays that in some cases stretch well past a year — and in one instance beyond 500 days — before a breach is even noticed. Freedom of Information data compiled by industrial cybersecurity firm Secolve shows 187 data breaches recorded across the two sectors since 2018, affecting the personal information of as many as 3.6 million people. Although the dataset is de-identified, the scale and duration of undetected activity highlight a growing concern for insurers about silent exposures within industries that underpin the national economy. The figures show one operator failed to identify an intrusion for 520 days, then waited another 84 days before reporting it to the Office of the Australian Information Commissioner. Even when breaches were detected promptly, many companies held back for months before notifying regulators. Several incidents t...