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The world could get its first trillionaire within 10 years, anti-poverty group Oxfam says - Vimarsana News

The world could get its first trillionaire within 10 years, anti-poverty group Oxfam says

The world could have its first trillionaire within a decade, anti-poverty organization Oxfam International said Monday in its annual assessment of global inequalities timed to the gathering of political and business elites at the Swiss ski resort of Davos. Oxfam, which for years has been trying to highlight the growing disparities between the super-rich and the bulk of the global population during the World Economic Forum's annual meeting, reckons the gap has been "supercharged" since the coronavirus pandemic. The group said the fortunes of the five richest men — Tesla ...

Source: yahoo.com
Saudi Arabia Issues $12 Billion Bond as EM Nations Load Up - Vimarsana News

Saudi Arabia Issues $12 Billion Bond as EM Nations Load Up

(Bloomberg) -- Saudi Arabia sold $12 billion of bonds — its largest deal since 2017 — amid a record start to a year for emerging-market countries.Most Read from BloombergIPhone Survives 16,000-Foot Fall, Helps Steer Jet-Panel HuntBoeing Slumps After Panel Blowout Leads to Partial 737 GroundingMusk’s Drug Use Concerns Tesla, SpaceX Leaders, WSJ SaysChinese Billionaire Is Second-Biggest Foreign Owner of US LandEmirates’ Clark Says Blowout Illustrates Boeing’s Quality LapsesThe kingdom added to the

Source: yahoo.com
Climate finance strategies for developing nations - Vimarsana News

Climate finance strategies for developing nations

This article is authored by Ananya Raj Kakoti and Gunwant Singh, scholar, international relations, Jawaharlal Nehru University, New Delhi. 

A multi-trillion dollar showdown over energy's future - Vimarsana News

A multi-trillion dollar showdown over energy's future

Over the past few years, clean energy has overtaken fossil fuels in terms of global spending, but one place is still falling short: developing economies.

A multi-trillion dollar showdown over energy's future, Energy News, ET EnergyWorld - Vimarsana News

A multi-trillion dollar showdown over energy's future, Energy News, ET EnergyWorld

Over the past few years, clean energy has overtaken fossil fuels in terms of global spending, but one place is still falling short: developing economies.