By around 17:30 on 6 January 2021, the average FTSE 100 CEO will have already earned the complete annual pay of the average full-time worker in the UK. According to the latest calculations by the High Pay Centre and the Chartered Institute of Personnel…
While the economic effects of 2020 will still take years to be fully realized, new data that encompasses the entire year paints a grim picture on how hard businesses were hit due to the pandemic and subsequent restrictions. Most countries around the wo…
Some passports afford their bearers more freedom than others. On Tuesday, Japan was once again named the country with the world’s most powerful passport by the Henley Passport Index. The latest addition to the travel list came in 2019: Since then, Braz…
South Korea joined neighbor Japan in 2020 as a country whose population is shrinking. Official government data showed Tuesday that the population of the country had declined by almost 21,000 people to approximately 51.83 million last year. The decline …
As countries around the world have started the biggest inoculation campaign in human history, the pandemic is far from under control in many places, including the United States and Europe. With large parts of the “old continent” still on lockdown, Euro…
Conventional wisdom says that competition is usually a good thing for customers as it keeps companies from raising prices and encourages them to improve their product. There can be too much of a good thing, however, especially when exclusivity comes in…
Considering its pleasant climate, sandy beaches and culturally rich cities, it’s no surprise that Spain is one of the most popular travel destinations in the world. As such, the country has come to rely heavily on tourism economically, making it partic…
The rise in housing prices continues to outpace the increase in wages across many parts of the world. For many cities, modest gains made in median yearly wages have been overshadowed by significantly higher increases in the cost of housing for the year…
Electric vehicles are quickly gaining traction in automotive markets around the world, with many countries expected to have the cleaner battery fueled cars outpace their traditional fossil fuel counterparts in sales in the very near future. New car com…
The U.S. has passed a third stimulus bill Monday night and an international comparison shows that it has been high time. According to an analysis by think tank Bruegel, the U.S. is the country currently offering a much lower level of coronavirus financ…
