Tuesday , 24 December 2024

Economic Overviews

Look! We’re Peering Into An Economic Abyss!

The global economy is perched on the edge of an abyss, and averting our gaze doesn’t actually lessen the risk, it increases it because problems which aren’t faced directly and addressed directly fester and rot the system from within.

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How Wealth Is Distributed Among Countries of Different Income Levels

Every few years, the World Bank takes on the task of measuring the world's wealth that include endowments of nature, ranging from wilderness to oil wells, as well as the human capital embodied in the education and skills of its people, in addition to the more traditional measurement of based on the value of houses, or the stock market, or retirement accounts.

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Russia’s Economy & the Effect Of Sanctions On It

Russia's invasion of Ukraine is an effort by a relatively small country trying to use military action and threats, backed up by a nuclear arsenal, that can in no way compare in terms of resources to those it is threatening and, as such, the combined impacts of the imposed sanctions on its small economy will likely be significant and widely felt.

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Which Global Risks Are Posing Imminent Threats?

In the latest annual edition of the Global Risks Report by the World Economic Forum (WEF), it was found that a majority of global leaders feel worried or concerned about the outlook of the world, and only 3.7% feel optimistic. What global risks are leaders and experts most concerned about, and which ones are posing imminent threats? Let’s dive into the key findings from the report.

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Which Country Is More Corrupt: Canada or the U.S.?

Transparency International released its annual Corruption Perceptions Index for 2021 and it revealed that Canada now ranks #13 out of 180 countries, falling two places from last year, and the USA ranks even lower at #27. Which countries are perceived to be the least corrupt? Read on!

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