Topics: trending

In a recent report released by the European Institute for International Economic Policy (ECIPE), a stark warning is issued regarding the potential future economic disparity between the United States and Europe. If current trends continue, the report suggests that by 2035, the wealth gap between the US and Europe will be no different than that between Japan and Ecuador today. This revelation paints a troubling picture of a Europe that is facing economic challenges unseen in decades, leading to a gradual decline in living standards and purchasing power.

In a recent report released by the European Institute for International Economic Policy (ECIPE), a stark warning is issued regarding the potential future economic disparity between the United States and Europe. If current trends continue, the report suggests that by 2035, the wealth gap between the US and Europe will be no different than that between Japan and Ecuador today. This revelation paints a troubling picture of a Europe that is facing economic challenges unseen in decades, leading to a gradual decline in living standards and purchasing power.

In Korea, the rising rate of single individuals has sparked a heated debate regarding the implementation of a tax solely targeting this group.

In Korea, the rising rate of single individuals has sparked a heated debate regarding the implementation of a tax solely targeting this group.

The aviation industry in Europe is taking steps towards consolidation as Germany's Lufthansa acquires a minority share acquisition of ITA Airways in Italy.

The aviation industry in Europe is taking steps towards consolidation as Germany\'s Lufthansa acquires a minority share acquisition of ITA Airways in Italy.

Investment property ownership in Canada is on the rise, with approximately 11% or 4.4 million Canadians owning investment properties, as per a survey conducted by real estate company Royal LePage.

Investment property ownership in Canada is on the rise, with approximately 11% or 4.4 million Canadians owning investment properties, as per a survey conducted by real estate company Royal LePage.

The recent decline in gold prices has been attributed to investors selling gold due to worries about the US debt ceiling.

The recent decline in gold prices has been attributed to investors selling gold due to worries about the US debt ceiling.

Many of us are curious about what interior designers are suggesting as the trending home colors 2023.

Many of us are curious about what interior designers are suggesting as the trending home colors 2023.

Real estate fund managers have noticed that the performance of funds focused on the Asia-Pacific (APAC) market has been more stable compared to those focused on the US and European markets post-pandemic.

Real estate fund managers have noticed that the performance of funds focused on the Asia-Pacific (APAC) market has been more stable compared to those focused on the US and European markets post-pandemic.

Thailand's real estate market is seeing an influx of cash from Hong Kong and China, with prices climbing rapidly as foreigners flock to buy luxury homes in the country.

Thailand\'s real estate market is seeing an influx of cash from Hong Kong and China, with prices climbing rapidly as foreigners flock to buy luxury homes in the country.

Airfares continue to rise, despite economic headwinds caused by the COVID-19 pandemic, according to data from aviation industry tracker Cirium.

Airfares continue to rise, despite economic headwinds caused by the COVID-19 pandemic, according to data from aviation industry tracker Cirium.

The Sydney property market has been experiencing a surge of interest from wealthy Chinese families who are eager to buy a home for their children in the city.

The Sydney property market has been experiencing a surge of interest from wealthy Chinese families who are eager to buy a home for their children in the city.

Renters in Canada are likely to face some tough times ahead, as the affordable rental housing market begins to exhaust itself, leading to higher rents in vibrant markets such as Toronto, Montreal or Vancouver.

Renters in Canada are likely to face some tough times ahead, as the affordable rental housing market begins to exhaust itself, leading to higher rents in vibrant markets such as Toronto, Montreal or Vancouver.

Netflix, the world's leading streaming service, is set to invest $2.5 billion in Korean movies, series and other content over the next four years.

Netflix, the world\'s leading streaming service, is set to invest $2.5 billion in Korean movies, series and other content over the next four years.

Retail investors are increasingly buying U.S. government bonds at record speed as they search for alternative investment channels with more attractive returns than traditional savings accounts.

Retail investors are increasingly buying U.S. government bonds at record speed as they search for alternative investment channels with more attractive returns than traditional savings accounts.

The collapse of Silicon Valley Bank (SVB) has had a huge impact on the venture capital industry, sending shockwaves across the entire startup “ecosystem”. The collapse has forced many to seek new directions and alternative credit solutions, as well as adjust their business plans.

The collapse of Silicon Valley Bank (SVB) has had a huge impact on the venture capital industry, sending shockwaves across the entire startup “ecosystem”. The collapse has forced many to seek new directions and alternative credit solutions, as well as adjust their business plans.

The wealthy in South Korea have been increasing their allocation to safe-haven assets, such as cash and bank deposits, instead of investing in real estate, according to a report by the Hana Financial Management Research Institute under Hana Bank.

The wealthy in South Korea have been increasing their allocation to safe-haven assets, such as cash and bank deposits, instead of investing in real estate, according to a report by the Hana Financial Management Research Institute under Hana Bank.

The yacht market in China is making a strong comeback after the pandemic, signaling a promising outlook for tourism and luxury consumption industries.

The yacht market in China is making a strong comeback after the pandemic, signaling a promising outlook for tourism and luxury consumption industries.

Australia's housing crisis continues to worsen, as per the latest report of the National Housing Finance and Investment Corporation (NHFIC) released on April 3.

Australia\'s housing crisis continues to worsen, as per the latest report of the National Housing Finance and Investment Corporation (NHFIC) released on April 3.

In recent years, the trend of living in a tiny house has risen in popularity. It may seem daunting to downsize from a traditional home to a small living space, but the benefits of tiny house living are plentiful.

In recent years, the trend of living in a tiny house has risen in popularity. It may seem daunting to downsize from a traditional home to a small living space, but the benefits of tiny house living are plentiful.

Fasting and bathing in glaciers may seem like strange and extreme ways to travel and rejuvenate, but they have become increasingly popular among the rich and wealthy looking for unique and healthy experiences.

Fasting and bathing in glaciers may seem like strange and extreme ways to travel and rejuvenate, but they have become increasingly popular among the rich and wealthy looking for unique and healthy experiences.

In recent years, living in a hotel for a long time has become a trend in China, and it has gained popularity among young people for several reasons.

In recent years, living in a hotel for a long time has become a trend in China, and it has gained popularity among young people for several reasons.

Start-up company Aptera has officially revealed many details about its new model: the solar electric car Launch Edition.

Start-up company Aptera has officially revealed many details about its new model: the solar electric car Launch Edition.

The investment craze in generative artificial intelligence, a term that refers to technology that can generate text, images, sound and other multimedia in response to users’ short commands that caught Silicon Valley's attention.  This technology promises to open up lucrative business opportunities that value up to trillions of dollars.

The investment craze in generative artificial intelligence, a term that refers to technology that can generate text, images, sound and other multimedia in response to users’ short commands that caught Silicon Valley\'s attention.  This technology promises to open up lucrative business opportunities that value up to trillions of dollars.

Europe wants fashion to work in a circular circle: everything has to be recycled. By 2030, Europe plans to end fast fashion, only allowing clothes from recycled fibres.

Europe wants fashion to work in a circular circle: everything has to be recycled. By 2030, Europe plans to end fast fashion, only allowing clothes from recycled fibres.

Despite fears of a recession, experts still choose places where real estate prices are likely to increase in 2023 even if they're already super expensive.

Despite fears of a recession, experts still choose places where real estate prices are likely to increase in 2023 even if they\'re already super expensive.