Tag: trillion
-
$109 Trillion Global Stock Market
[ad_1] Pretty astonishing number. Here is Visual Capitalist with the details: Global equity markets have nearly tripled in size since 2003, climbing to $109 trillion in total market capitalization. Over the last several decades, the growth in money supply and ultra-low interest rates have underpinned rising asset values across economies… With the world’s deepest capital…
-
Go green now, save €11 trillion later
[ad_1] Staying below 1.5 Celsius warming requires massive clean energy investment but also saves $12 trillion [€11.3 trillion] in fuel expenditure and creates more jobs than are lost, the International Energy Agency concluded in their Net Zero Pathway report published on Tuesday (26 September). To get on track, fossil fuels need to decline by 25…
-
China sees livestreaming sales hit RMB 1.27 trillion in the first half of 2023 · TechNode
[ad_1] In the first half of 2023, China’s major e-commerce platforms achieved a cumulative livestreaming sales volume of RMB 1.27 trillion ($174 billion), according to a September 21 report by IThome, which cited data from the National Institute of Metrology, China. In the first half of this year, there were over 110 million livestreams on…
-
UNCTAD projects above $5 trillion investment needed to achieve SDGs by 2030
[ad_1] A new report by the UN Conference on Trade and Development (UNCTAD) finds that the world needs to invest between USD1,179 and USD1,383 per person, per year, to achieve Sustainable Development Goals (SDGs) by 2030. The study factors in 50 SDG indicators across 90 countries, covering three quarters of the global population.…
-
U.S. National Debt Tops $33 Trillion for First Time
[ad_1] America’s gross national debt exceeded $33 trillion for the first time on Monday, providing a stark reminder of the country’s shaky fiscal trajectory at a moment when Washington faces the prospect of a government shutdown this month amid another fight over federal spending. The Treasury Department noted the milestone in its daily report detailing…
-
UAE-India trade stood at AED 1.41 trillion in 10 years – Business – Economy and Finance
[ad_1] The significant growth in the volume of non-oil trade between the UAE and India signifies the positive progress of the Comprehensive Economic Partnership Agreement (CEPA), more than a year after it entered into force, which puts it on the right track to deliver the target of reaching US$100 billion in non-oil trade annually over…
-
Despite Challenges Faced Globally, the Middle East’s Assets under Management grew by a staggering $100Bn in 2022 and reached $1.3 trillion – Business – Economy and Finance
[ad_1] Center Jap Belongings beneath Administration (AuM) grew by a staggering $100Bn from 2021 to 2022, (7% CAGR) to succeed in $1.3 trillion, in line with Boston Consulting Group’s (BCG) newest annual Asset Administration Report. BCG’s report “International Asset Administration 2023: The Tide Has Turned,” examines the exterior and inside forces shaping the asset…
-
The €1.5 trillion family and its relentless quest to buy the world
[ad_1] Sport is a key plank of efforts to change Saudi Arabia’s conservative picture and open it as much as rising tourism Yasir bin Othman Al-Rumayyan is governor of Saudi Arabia’s Public Funding Fund (PIF), the Gulf nation’s €650bn sovereign wealth fund. Picture: Serena Taylor Ben WrightTelegraph.co.uk At the moment at 19:53 There are nonetheless…
-
The world has fewer billionaires and they are poorer with their wealth shrinking to US$11.1 trillion as a year of ‘heightened volatility’ punishes ultra-wealthy
[ad_1] World chief United States registered a 2.1 per cent fall in its billionaire depend to 955, with a 5.2 per cent discount of their wealth to US$4.2 trillion. This comparatively modest fall meant the world’s largest financial system widened its lead over China the place sliding equities, Covid-19 lockdowns, actual property strains and a…
-
what US$31 trillion looks like, visually explained
[ad_1] Right here is an attention-grabbing hypothetical: if the US authorities was not in debt, however awash with money and selected to share US$31.4 trillion with its inhabitants of 332 million, every man, girl and youngster would obtain greater than US$94,000. If solely the 38 million Individuals dwelling under the poverty line acquired a share…