Using data from the Bureau of Economic Analysis, Govind Bhutada of Visual Capitalist has visualized US GDP by industry in 2023. The largest GDP in the world is generated by the diverse and intricate industries that make up the US economy. Govind Bhutada of Visual Capitalist breaks it down, visualizing
Argentina has fallen into the IMF’s debt trap, rejecting sovereignty. At the moment, Argentina uses nearly all of its foreign exchange profits to settle its external debt. Argentina gets into IMF’s debt pit In Argentina, ultra-liberal economist Javier Milei became victorious in the run-off for president. With 55.8% of the
According to data taken from the Central Bureau of Statistics in Israel, by the financial time, the war on Gaza might collapse Israel’s economy as it has already destroyed thousands” of businesses. The Financial Times released an amazing analysis on November 6th, tracing the catastrophic economic costs of Israel’s war
Using data from the International Monetary Fund (IMF), the WORLDMAPS ranks the top 10 countries by per capita GDP. There are many ways to measure different economies against one another, but comparing countries by GDP per capita remains one of the most tried-and-true methods. As Visual Capitalists’ Pallavi Rao details
Brazil’s president, Luiz Inácio Lula da Silva, asked, “Why can’t we trade in our own currencies?” The US dollar’s role as world’s primary reserve currency for global trade was challenged at a finance summit in Paris by South African President Cyril Ramaphosa and his Brazilian counterpart Luiz Inácio Lula da Silva
The World Competitiveness Ranking, published by the International Institute for Management Development (IMD), shows the world’s most competitive economies, with the US falling to 9th place. This year’s World Competitiveness Ranking, published by the International Institute for Management Development (IMD) evaluates 64 economies based on more than 300 indicators across four broad categories:
Professor and economist Richard Wolff said that BRICS expansion goes hand in hand with de-dollarization and the decline of the ‘US empire’. The expansion of the BRICS group of emerging economies has coincided with the US dollar’s loss of dominance as the world’s reserve and trade currency. Professor and economist
Russia’s Mir payment system is contributing to the emerging global finance network, as Venezuela’s President Nicolas Maduro announced the introduction of Russia’s Mir bank cards in the country. Venezuela, with the introduction of Russia’s Mir bank cards in the country, is participating in the creation of a financial system of
Confidence in America is collapsing, and many leftist zealots are expressing complete shock over the United States’ perceived decline. Despite the cheering from the Washington Post, CNN, NY Times, and the rest of the anti-Democracy press that supports their stringent demands upon the nation, my phone has been in meltdown
