What Makes These Countries the Wealthiest?
Forbes, the renowned financial magazine, has released its latest ranking of the world’s wealthiest countries. Singapore claims the top spot, fol…
Forbes, the renowned financial magazine, has released its latest ranking of the world’s wealthiest countries. Singapore claims the top spot, fol…
Apple iPhone 16 went on sale on September 20. Poland’s famous price comparison website also released the latest statistics, estimating the ability of the average salary in fifty countries to purchase this new phone. The country with the highest purchasing power is Switzerland, which only needs 4 days of work to buy a new iPhone. The country with the poorest purchasing power is Turkey, which needs 72.9 days of work to be able to buy it.
Global Finance recently announced the ranking of the world’s richest countries and regions at the beginning of 2024. The top 10 are Luxembourg, Ireland, Singapore, Qatar, Macau Special Administrative Region, Switzerland, United Arab Emirates, Republic of San Marino, Norway and the United States.
After COVID-19 subsided, business and tourism exchanges became more frequent, U.S. consumer confidence gradually recovered, and consumer spending increased significantly. However, retail sales began to decline in October. On the contrary, the online shopping market has grown significantly due to the Black Friday shopping trend.
The global brand consulting agency recently announced the 2024 World’s Best Cities rankings. London ranked first among the best cities for the ninth consecutive year, followed by Paris, New York, Tokyo, Japan, Singapore, Dubai, San Francisco, and Barcelona. Ghana, Amsterdam, and Seoul.
The 2023 World’s 20 Richest Countries ranking is released, with Singapore ranking first with a 2023 GDP of US$157,354. Followed by Luxembourg, Qatar, Ireland, and the United Arab Emirates in fifth place. Taiwan lists 12th in this ranking due to its developed consumer electronics industry.
The World Bank warned in March that the impact of an aging workforce on the global economy continues to intensify. In Japan and South Korea, due to the rapid increase in the proportion of the elderly population and the lack of a young labor force, the economic growth rate has been significantly dragged down. China, the United States, and many European countries are facing the problem of an increasing retirement population, but there is a shortage of a replaceable labor force.
The latest survey in the United States shows that a person needs to prepare 1.25 million US dollars, which is about NT$40 million, to enjoy retirement life and pay all expenses. In recent years, due to rising prices and inflation, the demand for savings has increased by 20% compared with last year.
Countries around the world have raised interest rates to combat inflation, and monetary tightening has reached the largest extent in 50 years. The three major economies of the United States, China, and the eurozone have experienced the sharpest slowdown since 1970. The GDP growth rate will be greatly affected, and the global economy will fall into recession.
The “Global Wealth Report 2022” released a few days ago shows that Asia has surpassed Europe in terms of wealth. Taiwan’s per net assets reached 138,220 euros, surpassing Japan, South Korea, and Singapore, ranking first in Asia. It ranks fifth in the world, after the United States, Switzerland, Denmark, and Sweden.
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