Tag: economy

Turkey has long been seen as a country at the crossroads of continents, faiths, and trade routes, and a new Country Similarity Index shows just how unique yet interconnected it is.

In today’s global economy, one tonne of cocoa and one tonne of steel capture two very different kinds of value. The price of a tonne of cocoa is shown at around US$6,100, whereas a tonne of steel is marked at US$432.96.

Despite geopolitical tensions and environmental concerns, some nations continue to leverage their natural wealth to fuel development and global trade. As usual, some countries stand out for their share and possession of these natural resources.

Bridges are more than just concrete and steel, as they are symbols of connection, ambition, and progress. Around the world, engineers have pushed the limits of design to link islands, cities, and entire economies.

Poland recorded the world's fastest growth in its ultra-high-net-worth individual (UHNWI) population over the past decade, with the number of residents holding at least US$10 million in net assets rising 109.2%, according to The Wealth Report 2026 published by global property consultancy Knight Frank.

Tesla CEO Elon Musk has projected that humanoid robots could become one of the largest industries in history, forecasting a global market worth as much as $250 trillion by 2040 if billions of robots are deployed worldwide.

Qatar stands out globally with the highest male-to-female ratio, registering approximately 266 males for every 100 females.

The European Central Bank (ECB) holds the world’s largest central bank balance sheet by total assets, underscoring the massive scale of monetary intervention carried out by major economies in recent years.

In 2024, diaspora remittances surged to unprecedented levels, serving as a crucial element in Africa’s economic strength.

At least four nations, India, Pakistan, Bangladesh, and Indonesia, have experienced massive power blackouts that affected tens or hundreds of millions of people. These events left more than just empty streets and dark homes; they also revealed the pressure points in infrastructure, governance, and daily life.

U.S.-based Williams-Sonoma has emerged as the world’s largest publicly traded furniture company by market capitalisation in 2026, underlining the growing dominance of premium home furnishing brands in a rapidly evolving global retail market.

Guyana is projected to remain the fastest-growing economy in the Americas in 2026, driven by its booming oil sector, while several of the region’s largest economies are expected to post far slower growth amid global uncertainty and domestic economic pressures.

Argentina is projected to remain the International Monetary Fund’s largest debtor in 2026, accounting for nearly two-fifths of the institution’s total lending portfolio, as developing economies continue to grapple with inflation, currency instability and rising refinancing pressures.

Several Sub-Saharan African economies are expected to post weak or even negative growth in 2026, highlighting persistent structural challenges despite stronger performance elsewhere on the continent, according to projections from the International Monetary Fund.

India and Vietnam are reinforcing their dominance in the global spice trade, accounting for a commanding share of exports as demand for flavouring ingredients continues to rise worldwide.

A group of African economies is set to post some of the world’s strongest growth rates in 2026, led by Ethiopia and Guinea, as investment, reforms and resource exports drive momentum across the continent, according to projections from the International Monetary Fund.

The value of the U.S. dollar across Southeast Asia is offering a clear lens into the region’s economic diversity, with exchange rates highlighting stark differences in currency strength, inflation pressures, and policy direction.

The global number of managed honey bee colonies has risen sharply over the past three decades, driven largely by growth in Asia and Africa, even as concerns over pollinator health persist in parts of Europe and North America, according to data from the United Nations Food and Agriculture Organisation (FAO).

Asia accounts for the largest share of the global economy, contributing more than a third of world output, according to International Monetary Fund (IMF) data, underscoring the region’s central role in shaping global growth.

The Netherlands emerged as the largest buyer of U.S. crude oil in 2025, highlighting Europe’s continued reliance on American energy supplies even as overall U.S. exports declined for the first time in four years.