The Economist publishes a ranking every year, of the cities with the best living conditions. The Liveability Index has seen improvements in 2023, escalating from an index score of 73.2 out of a possible 100 in 2022 to 76.2 this year. This is partially due to the Covid-19 pandemic finally settling, and as education and healthcare scores improving in many cities in Asia, the Middle East and Africa. The only area that saw decline was the category of stability, reflecting growing observations of corruption and civil unrest amidst a cost-of-living crisis, as well as an increase in crime in several cities.
Years ago, women from Hong Kong and China used to dominate the list of the richest self-made female billionaires, but due to the ongoing turmoil in Chinese market for many years now, self-made women from Europe and the United States are back on top of the list of females who built their own fortunes. The richest of them was Rafaela Aponte-Diamant of Switzerland, as of June 2. She along with her husband are the founder of a shipping company MSC. They created this company in 1970 and both own a 50 percent stake in it. Their expanding business has given Aponte-Diamant a net worth of more than $28 billion. According to Forbes, she is also the seventh richest woman in the world and its 49th richest person overall.
Steel is an important component of the modern industry and
economy, as it is vital for the construction of automobiles, buildings and many
other infrastructures and appliances that we use in our daily lives.
The Infographic uses data from the World Steel Association to visualize the top steel-producing countries in the world, and highlights China’s rise to the top, as it now makes up more than half of the world’s steel production.
Zoom Video Communications, the company that won great amount of recognition during the early days of the pandemic, reported better-than-expected results for its first fiscal quarter ended April 30, 2023. With total revenue of $1.11 billion and enterprise revenue of $630 million in the first quarter, Zoom raised its full-year guidance as well, expecting around 2 percent revenue growth for the year ending January 31, 2024. That is indeed a far cry from the growth numbers it posted during the pandemic years, as the working-from-home requirements come to an end and rigid competition from Microsoft Teams, Cisco’s Webex and Salesforce’s Slack have brought the former pandemic high-flyer down to earth.
According to data aggregated by the Global Equality Caucus and The International Lesbian Gay Bisexual Trans and Intersex Association (ILGA), Conversion therapy is banned in several countries around the world, including Canada, Brazil, Ecuador, Spain, Germany, France, Malta and New Zealand.
Airports can be the most crowded and stressful places in
the world because of the slow-moving queues and bustling gates. Regardless of
the negative aspects associated with commercial air travel, on a general note,
it is an impressive system, with the biggest air transit hubs recording
passenger traffic numbers that rival the populations of large countries.
The Infographic used here has data from Airports Council International (ACI) to rank the top 10 busiest airports in the world, looking at total passengers enplaned and deplaned, with passengers in transit counted once.
Although most of Europe and North America condemns Russia because of its war in Ukraine, as far as politics goes, it is not a worldwide stance. Current analysis by the Economist Intelligence Unit has revealed that there is a slow growth in Russia’s support base in a few parts of the world. The number of countries leaning towards Russia has increased from 29 in 2022 to 35 in 2023. On the contrary, the number of countries either actively condemning Russia or West-leaning is still so far, the bigger group, but its figures have dropped from 131 to 122. The EIU says this fall is partly driven by the shift of a number of emerging economies into a more neutral position.
It is becoming clearer these days that even after peaceful coexistence for a couple of years, video streaming services will upend DVDs and Blu-rays in the long run, or nonetheless force them into a niche existence. Although the physical formats were considered to be immensely superior in terms of sound and image quality in the initial days of streaming 4K streaming with Dolby Atmos sound is no longer a problem, all thanks to high-bandwidth broadband and mobile connections.
Keeping up with the theme of this earnings season, surpassing low expectations, Amazon reported results way better than they were expected. This e-commerce giant that had fought to live up to expectations in 2022, reported a net profit of $3.2 billion on net sales of $127 billion on Thursday, for the first three months of 2023, beating analyst expectations on the top and bottom line.
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