Which Countries Are Really The Richest?

Which Countries Are Really The Richest? 1

The Credit Suisse Global Wealth Report has revealed which countries are truly the richest when nations are ranked according to their median or average per-capita wealth. Switzerland and Luxembourg top the list in average wealth, while Iceland and Luxembourg lead in median wealth. When nations are ranked according to the size of their economies and […]

Why Reddit Is Worth $1 Billion More Than The NY Times

Why Reddit Is Worth $1 Billion More Than The NY Times 1

The reason Reddit is worth $1 billion more than the NY Times is that investors favor Reddit’s user-generated content model over NYT’s costly content creation, despite profitability. Here’s a question for you! Which media company do you think holds more value? Is it the one that raked in $800 million in revenue last year but […]

Boeing CEO To Resign After Long String Of Failures

Boeing CEO To Resign After Long String Of Failures 1

Boeing has announced that Boeing CEO Dave Calhoun will resign after a long string of failures, and a board chaired by Steve Mollenkopf will select a new CEO. CEO of Boeing Dave Calhoun will retire at the end of 2024 as part of a significant management transition for the struggling aerospace behemoth. The board chairman, […]

Secret RCMP Report Warns Canadians May Revolt Once They Realize How Broke They Are

Secret RCMP Report Warns Canadians May Revolt Once They Realize How Broke They Are 1

A secret RCMP report, made available following an access to information request from Matt Malone, warns that Canadians may revolt once they realize the extent of their financial difficulties. Additionally, the report states that Canada’s current state of affairs “will probably deteriorate further in the next five years.” A confidential RCMP assessment has alerted the […]

How Much Does The US Depend On Russian Uranium?

How Much Does The US Depend On Russian Uranium? 1

Statistics from the US Energy Information Administration have revealed how much the US depends on Russian uranium, with it accounting for nearly 25%. A restriction on the importation of Russian uranium was just passed by the US House of Representatives. Before becoming law, the bill needs to pass the Senate. After the Suez Canal incident, […]

After The Suez Canal, Is The Panama Canal Next?

After The Suez Canal, Is The Panama Canal Next? 1

After the Suez Canal incident, the Panama Canal is facing a similar situation, with ships now paying tolls almost eight times higher due to drought. On a recent day, more than fifty ships—from cargo ships loaded with food to tankers transporting propane—were waiting to pass through the Panama Canal. Longer wait times are the result […]

Russian Oligarch’s Yacht Cost US Taxpayers $1 Million A Month

Russian Oligarch’s Yacht Cost US Taxpayers $1 Million A Month 1

The yacht “Amadea,” owned by Russian oligarch Suleiman Kerimov, who is under sanctions, costs US taxpayers $1 million a month. According to recent court documents, maintaining a mega-yacht that American authorities bought from a Russian tycoon is costing the government close to $1 million every month. The U.S. Department of Justice requests authorization to sell […]

How Much You Will Need To Enter The Elite 1% In Different Countries

How Much You Will Need To Enter the Elite 1% In Different Countries 1

According to The Knight Frank Wealth Report 2024, the amount needed to enter the elite 1% in different countries is detailed below, with Monaco leading at $12.9 million. There has been a notable increase in the number of millionaires worldwide during the past ten years. 1.1% of adults worldwide were millionaires by 2022, up from […]

India Starts De-Dollarisation With Gulf Exporters To Accept Rupees For Crude

India Starts De-Dollarisation With Gulf Exporters To Accept Rupees For Crude 1

The Reserve Bank of India has requested the nation’s principal state-owned refiners to accept rupees for crude, starting the process of de-dollarization with Gulf exporters. It seems that India is now seeking a similar agreement with Gulf crude exporters, four months after its government rejected efforts from Russian oil corporations to pay for Russia’s crude […]