WEALTH
IMF: cross-border problems widen wealth gap between Europe, US
As a study by the International Monetary Fund has shown, cross-border problems are widening the gap between the productivity of Europeans and Americans who have been moving forward since the 1990s, Reuters reports Photo: www.reuters.com "Seventy percent of that gap is explained by lower productivity growth," Alfred Kammer, the head of the IMF's European department, said. According to him, labour productivity in Europe grew more slowly than in the United States, although both markets ...
25.11.2024imf , usa , EU , wealth
Zuckerberg ahead of Musk on world’s richest person list
Meta CEO Mark Zuckerberg has overtaken American entrepreneur Elon Musk as the world’s third-richest person, RIA Novosti reports photo: www.reuters.com According to Bloomberg Billionaires Index (BBI), Mark Zuckerberg’s fortune increased by $2.6bn in one day, reaching $178bn. As a result of trading on April 18th, Meta shares rose by 1.5 percent. On that day, the company debuted its latest Llama 3 AI model, as well as an updated version of its Meta AI chatbot. At the same time, Elon Musk’s ...
26.04.2024Zuckerberg , Musk , wealth
Forbes released its world’s billionaires list, topped by Louis Vuitton boss Bernard Arnault
... latter had an estimated personal wealth of $194bn this year compared ... year with an estimated person wealth of $141bn (against last year ...
03.04.2024Forbes , rating , billionaire , wealth
Oxfam: world’s first-ever trillionaire to be born by 2034 while poverty won’t be eradicated for next 230 years
Since 2020, the wealth of the world’s five ... hold 48 percent of financial wealth in the Middle East, 50 ... richer since 2020, and their wealth has grown three times faster ... is ensuring corporations deliver more wealth to them at the expense ...
16.01.2024Oxfam , wealth , poverty
Search results 1 - 4 of 4
First | Prev. | 1 | Next | Last
