The 2024 World Competitiveness Ranking by the International Institute for Management Development (IMD), released on Tuesday, highlights Singapore, Switzerland, and Denmark as the world’s most competitive economies, while the US dropped out of the top 10 for the first time. According to the International Institute for Management Development’s (IMD) 2024
India’s ascent in the global supply chain is evident as businesses like FedEx, Foxconn, and Apple expand operations. The nation’s favorable incentives and diverse industries make it an attractive manufacturing hub. To lower risk and improve cost and lead time flexibility, a lot of supply chain leaders are expanding their
John Greenewald Jr., the owner of The Black Vault, mentioned in a tweet that Jeff Bezos’ grandfather was a co-founder of DARPA, raising questions about DARPA’s role in creating Amazon. Unknown to most people, Lawrence Preston Gise, the grandfather of Amazon founder Jeff Bezos, was involved in the creation of
According to US economist and former Wall Street analyst Michael Hudson, due to sanctions warfare, the US and EU might become failed economies. The US’s attempts to use sanctions to destroy the Russian economy have failed miserably, hurting not only the US but also allies who adopted ineffective economic warfare
The Polish central bank has purchased approximately 300 metric tonnes of gold in recent years in an effort to align its GDP-to-gold ratio with the average for the eurozone, as outlined in the secret EU plan. For those unaware, the European Union’s (EU) ultimate goal is for every nation to
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