How Much You Will Need To Enter The Elite 1% In Different Countries
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
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 […]
VICE Shuts Down Website And Lays Off ‘Hundreds’ Of Staff
VICE shuts down its website, laying off ‘hundreds’ of staff, and will “transition to a studio model” as part of “fundamental changes to our strategic vision.” Vice.com’s CEO made the announcement late on Thursday that the company had stopped creating new content and fired several hundred staff members. The outlet, which was previously estimated to […]
Reddit To Go Public, Files For IPO
According to Bloomberg, as the social media company continued to lose money, Reddit filed for an IPO to go public. Tens of millions of people use the community-focused message board site Reddit every day, and on Thursday afternoon, the site submitted an S-1 form to the Securities and Exchange Commission. The 20-year-old social media startup, […]
Which Countries Have The Largest Gold Reserves?
Based on data from several sources, the countries with the largest gold reserves are the USA, Germany, and Italy. As a hedge and a store of value, gold continues to be significant in times of economic uncertainty. 2023 saw the metal set a new record in December, demonstrating its significance once more in the face […]
Is The IRS Using AI To Spy On Americans’ Bank Accounts
According to Alex Mena, an IRS official, the IRS is using AI to spy on Americans’ bank accounts and is targeting ordinary citizens. To uncover what they believe to be fraud, the IRS uses artificial intelligence technology to spy on American citizens and company bank accounts without a warrant or supporting documentation, according to Alex […]
World’s Largest Consumer Markets In 2030
According to the 2030 projections from World Data Lab, China and India are expected to be the world’s largest consumer markets in 2030. The world economy depends on consumers, who also determine market dynamics and serve as the last arbiters of demand. However, where are the largest consumer gatherings located, and are they expanding? India’s […]
The Secret Meeting To Break The World’s Biggest Corporations
A secret meeting is held annually at the posh Steigenberger Wiltcher’s hotel to break the world’s biggest corporations, known as the Brussels Conference on Antitrust. The parties are extravagant, security is tight, and the panel discussions are ostentatious when the wealthiest CEOs in the world congregate in the Alps or the Arabian Desert. And then […]
Global Uranium Reserves By Country
According to data from the World Nuclear Association, the global uranium reserves by country have been revealed, with Australia topping the list. Because of its vital role in producing nuclear energy and all the associated costs and repercussions, there is a tendency to think that uranium reserves are rare. However, uranium is fairly common in […]
Senator Elizabeth Warren Honors Satoshi Nakamoto With Flag Over Capitol
Senator Elizabeth Warren honored Satoshi Nakamoto with a flag over the Capitol as part of the Capitol Flag Program, recognizing the creation of the first ‘truly inclusive financial system. Unexpectedly, Elizabeth Warren, a longtime opponent of Bitcoin on Capitol Hill, has seen the light and has publicly celebrated the 15 years since the network’s launch […]