WEF Sees the Purchasing Power Crisis as the Biggest Global Risk in the Short Term

WEF Sees the Purchasing Power Crisis as the Biggest Global Risk in the Short Term

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The purchasing power crisis will be the most significant global risk in the next two years. This is according to a report by the World Economic Forum. Next week the organisation’s annual meeting will take place in Davos, Switzerland. The WEF surveyed more than 1,200 politicians, business people, and civil […]

Expensive Energy and High Interest Rates Slow Down World Trade According to WTO

Expensive Energy and High Interest Rates Slow Down World Trade According to WTO

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Higher interest rates and sharply increased prices for energy and fertilizers will have a major impact on world trade next year. According to the World Trade Organization (WTO), global imports and exports will increase much less rapidly in 2023 than previously estimated. The WTO now assumes that world trade will […]

Global Spending on Nuclear Weapons Continues to Rise

Global Spending on Nuclear Weapons Continues to Rise

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Nuclear powers’ spending to modernize their arsenal of nuclear weapons is up nearly 9 percent in 2021, to $82.4 billion. This is according to a report from the International Campaign to Abolish Nuclear Weapons.   The United States alone spent $44.2 billion on its nuclear program last year, 12.7 percent […]

UNICEF: Global Education Gaps Due to Corona

UNICEF: Global Education Gaps Due to Corona

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UNICEF seizes 24 January, International Day of Education, to sound the alarm about the major learning disadvantages caused by corona measures. Nearly two years after the pandemic outbreak, more than 635 million students are still affected by full or partial school closures, the children’s rights organisation said.   The closure […]

More Than 4.5 Million Corona Deaths Worldwide

More Than 4.5 Million Corona Deaths Worldwide

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Since the start of the corona pandemic, more than 4.5 million deaths from COVID-19 have been recorded worldwide.   Based on official figures, a total of 4,500,620 people have died from the coronavirus since the coronavirus outbreak in December 2019. However, the numbers from Johns Hopkins University are slightly higher: […]

Fear Weighs Down Investments in Chinese Technology

Alibaba Puts 66 Million Pounds

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Alibaba puts 66 million Pounds into its First European distribution Centre. The Chinese internet giant Alibaba is investing 66 million pounds in its first European distribution centre.   That turned out on Wednesday at the signing of the declaration of a plan of the company and the Belgian and Walloon […]