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Economy

Visual Breakdown of Norway’s $1.4 Trillion Sovereign Wealth Fund

From Visual Capitalist Norway is home to the biggest sovereign wealth fund globally, valued at nearly $1.4 trillion. In 2023, the fund posted record profits, bolstered by tech holdings that include Microsoft, Apple, and Nvidia. Originating in 1996, the fund was…

Blockchain industry primed for $291 billion revenue by 2030 driven by asset tokenization, says GlobalData

The blockchain industry, although volatile and nascent, has made significant progress in a short span of time, driven by remarkable innovation. Global blockchain platform and services revenue is set to grow from $12 billion in 2023 to $291 billion in…

Here’s Why You Can’t Afford an Electric Car

The U.S. is aggressively keeping cheap Chinese-made EVs off the market. We are all paying the price for this protectionism.

Human Development in Latin America and the Caribbean Improves More Than in Other Regions but Fails to Recover Pre-Pandemic Levels

UNDP’s new HDR says the region can turn crises into opportunities for greater resilience Download full report: https://hdr.undp.org/content/human-development-report-2023-24 VIEW COUNTRY REPORTS: HTTPS://HDR.UNDP.ORG/DATA-CENTER/COUNTRY-INSIGHTS#/RANKS  New York, New York, 13 March 2024 – A cursory glance at the global Human Development Index (HDI) 2023/2024 – projected to…

We Need a Plan for the Transition to Renewable Energy

Radical societal transformation is inevitable; a plan could make a difference between catastrophe and progress

Biannual Automechanika Dubai Network gathers regional automotive experts to highlight the role of remanufacturing in the circular economy

Messe Frankfurt Exhibition GmbH Industry leaders convened at Automechanika Dubai Network to discuss remanufacturing in the MEA region’s automotive industry  The latest statistics from the Global Automobile Manufacturing Market Report suggest the remanufacturing market will reach USD 68.71 billion in 2024…

US Consumer Confidence Retreated in February

Confidence Remains Range-Bound, as Dips in both Current Conditions and Expectations Halt Rising Optimism NEW YORK, Feb. 27, 2024 /PRNewswire/ — The Conference Board Consumer Confidence Index® fell in February to 106.7 (1985=100), down from a revised 110.9 in January. February’s decline in…

The 2024 Election is About the Rich Stealing From the Public 

A fight over extending provisions of Trump’s tax cuts is at stake in November’s election. Ultimately, the race is about money.