Peaceful societies enjoy not only higher income growth and stronger currencies but also greater political stability and increased happiness among their citizens. These societies also attract higher levels of foreign investment. The economic toll of violence on the global economy is staggering: in 2023, it amounted to $19.1 trillion in...

After years of delays, Woodside has commenced oil extraction from the Sangomar offshore field, located approximately 100 kilometers south of Dakar. The floating production facility boasts a storage capacity of 1.3 million barrels and operates at a depth of 780 meters. It is projected to produce between 100,000 and 125,000...

The Gender Gap Index, now in its 18th edition, evaluates 146 countries. The global gender gap in 2024 stands at 68.6%, showing a marginal improvement of 0.1 percentage points from the previous year. The slow pace of progress suggests that achieving full parity will take 134 years or approximately five...

Baby boomers are expected to significantly influence crypto markets indirectly through a major intergenerational wealth transfer. This shift is anticipated to funnel substantial funds into the hands of younger, crypto-savvy generations. Additionally, baby boomers may begin investing in digital assets themselves following the U.S. Securities and Exchange Commission's recent approval...

Carlos Slim, the wealthiest individual in Latin America, has acquired a 3.2% stake in BT, a move that analysts consider a surprising yet strong endorsement of the British telecom company's prospects. Slim, whose net worth is approximately $93 billion, now holds a stake worth around $512 million in the FTSE...

A recent report by Altrata forecasts a significant wealth transfer among the global elite over the next decade. According to the Family Wealth Transfer 2024 report, over 1.2 million affluent individuals are expected to transfer a staggering $31 trillion by 2033. This amount surpasses the GDP of the United States...

Jeff Bezos, the founder and executive chairman of Amazon, has surpassed Bernard Arnault of LVMH to regain his position as the world's richest person. Bezos, who held the title of the world's richest individual from 2017 to 2021, has seen his fortune grow by $32.6 billion this year alone. In...

Larry Ellison, CEO of Oracle and a prominent figure in Silicon Valley, witnessed a significant increase in his net worth on Wednesday, driven by a substantial rise in Oracle's stock price. This surge has narrowed the wealth gap between Ellison, now the world's fifth-richest individual, and Meta's CEO, Mark Zuckerberg,...

Growing a global business is not for the faint of heart. Operating internationally puts under a microscope a CEO’s ability to develop a strategic vision, drive relentless execution, and, most importantly, build a stellar team. I’m not going to shock anyone by saying something like, “The foundation of any successful...