Creating and maintaining reliable, efficient and cheap public transportation networks is one of the key pillars of the transition towards a more sustainable mobility sector. This is especially true for rural environments since bigger cities around the …
Due to climate change, cities around the world are getting hotter and drier – now a new study claims that an array of cities will experience climate conditions never before seen in any major city by 2050. This list includes Kuala Lumpur, Jakarta, Rango…
As summer solstice marks the official beginning of summer in the Northern hemisphere, holiday season is quickly approaching. After two summers with subdued travel due to Covid-19, a significant rebound in travel activity is expected this year. Accordin…
In response to high inflation, central banks across the world have, at times severely, tightened interest rates. Asia has followed suit, with recent central bank rate hikes in Taiwan, Macau, Hong Kong and India. In May, several more Asian central banks…
As inflation creeped up to the highest level in more than 40 years in recent months, the issue of rising costs of living has also climbed to the top of Americans’ mind. According to results from Statista’s Global Consumer Survey, 44 percent of U.S. adu…
As prices for everyday purchases continue to surge in the United States, many families struggle to make ends meet. And even among those who manage to keep their standard of living and pay all their bills, something’s got to give. According to data from…
The United States is a bastion of the ultra-wealthy, with more than half of the globe’s known billionaires living in the country according to the Forbes World’s Billionaires List. One of the reasons wealth is accumulating in the United States is its fa…
Americans are plagued by inflation in many different ways, but gas prices are certainly one of their worst headaches. The average price of one gallon of regular (all formulations) reached a new all-time high for the sixth week in a row on Monday, climb…
Despite a nominal year-on-year wage growth of at least 4 percent for each month in 2022, the real earnings of employees in the United Kingdom are decreasing due to Inflation, as data provided by the Office of National Statistics shows.The last time gro…
Faced with the highest inflation in more than 40 years, the Federal Reserve has once again turned up the heat, taking its most aggressive step yet in the attempt to curb inflation. The Federal Open Market Committee (FOMC) unanimously decided to raise t…