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. Table of ContentsThe toll on Tel Aviv’s trade and tourism ‘The Economic War’‘Sharp Fluctuations’ The Financial Times released an
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?” Brazil’s President Luiz Inácio Lula da Silva at a climate finance summit in Paris | @LulaOfficial Photograph:(Twitter) The US dollar’s role as world’s primary reserve currency for global trade was challenged at a finance
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
The currency Lira has plunged after President of Turkey Erdogan appointed Hafize Gaye Erkan, the co-CEO of the failed First Republic Bank, as the new Central Bank Governor. Turkish President Erdogan, fresh from his re-election as president, has named Hafize Gaye Erkan as the new central bank head – and first ever female
According to experts, Germany’s recession is seen as the first falling domino within the EU, given that Germany has long been the flagship and a powerhouse of Europe. Germany entered a technical recession in the first quarter of 2023, according to recent figures from the Federal Statistical Office. What’s behind