Economy Archives - Page 2 of 3

Decoding the Power Players of Global Shipping: Who Runs and Controls the Industry?

May 28, 2023

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The global shipping industry serves as the lifeblood of international trade, facilitating the movement of goods across continents and oceans. Behind the scenes, a complex network of entities operates and…

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What’s Next For The Luxury Market?

April 27, 2023

We would like to thank our generous sponsors for making this article possible. The luxury market should see two vastly different dynamics playing out in the coming months. How will…

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The World’s Richest People in 2023

April 6, 2023

Bernard Arnault (74) has been named the world’s richest man of 2023 with an estimated fortune of $211 billion, according to Forbes’ 37th annual billionaires list, released Tuesday. Arnault is the…

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The World’s Next Megacities

January 20, 2023

By 2050, 70 percent of the world’s population will live in cities, up from 54 percent in 2020, according to a new report by the Institute for Economics & Peace. This…

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While closing this divide is essential to achieving racial equity in this country, it’s important that we apply the right tools for the job. PHOTOILLUSTRATION BY KLAUS VEDFELT/GETTY IMAGES

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The Deep Roots of the Racial Wealth Gap—and How We Undo It

January 18, 2023

In the more than 150 years since the end of the Civil War, Black American wealth remains a fraction of that held by White Americans. Just after emancipation in 1865, African Americans…

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Which Cities Have the Highest & Lowest Purchasing Power?

June 26, 2022

According to website Numbeo, salaries go furthest in U.S. cities. Towards the top of the list is East Coast tech hub San Francisco, which is know for its high cost of living but also…

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These are the world’s top cities. Which one ranked highest for the 10th year running?

March 3, 2022

London has been named the world’s most “magnetic” city for the 10th year in a row. It held on to the top spot despite Brexit and COVID-19. But there are…

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The World’s Top Remittance Recipients

May 24, 2021

During the COVID-19 pandemic, global remittance flows have proven more resilient than expected. This is especially true for inflows to low and middle-income countries. According to new World Bank data, global…

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This Is How We Can Save Millions Of People From Extreme Poverty After COVID-19

December 16, 2020

The COVID-19 pandemic could push another 200 million people into extreme poverty unless action is taken to accelerate development efforts, according to a new United Nations report. If economic recovery…

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The US Economy Is Reliant On Consumer Spending – Can It Survive A Pandemic?

September 29, 2020

The COVID-19 pandemic has radically affected the American economy, reducing spending by American households on materials goods, air travel, leisure activities as well as the use of automobiles. As a…

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