Despite some progress, Latin America still faces a significant wealth gap, with Brazil topping the global disparity list in 2022 as per UBS’s Global Wealth Report 2023. This report found 48.4% of Brazil’s total wealth was with only 1% of its people. Other nations, including India, the USA, China, and Germany, trailed Brazil. The Economic Commission for […]
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Japan’s Nikkei Index Soars Above 40,000 in Historic Rally
The Nikkei Index in Japan recently achieved a significant milestone, closing above the 40,000-point mark for the first time since the bubble economy peak in 1989. This remarkable achievement highlights the strong performance of the Japanese stock market and reflects broader economic optimism. The index surpassing 39,000 points on February 22, 2024, and continuing upward […]