Nokian Tyres plc has announced the appointment of Paolo Pompei as its new President and CEO, effective January 1, 2025, at the latest. Until Pompei assumes his new role, Jukka Moisio will continue to lead the company. Born in 1971 and an Italian citizen, Pompei brings extensive experience in the...

Starting on September 1, 2024, Alexander Pollich will assume the role of President and CEO of Porsche China, Hong Kong, and Macao, based in Shanghai. Pollich brings over 23 years of experience with Porsche, having held various management roles. Since 2018, he has been serving as the Chairman of the...

A recent study highlights an unprecedented debt crisis in developing countries, where nearly half of government budgets are being allocated to debt repayments. The analysis, conducted by Debt Relief International for Norwegian Church Aid, indicates that over 100 countries are facing severe debt servicing challenges, leading to significant cutbacks in crucial...

A recent study conducted by market analysts at The Gold Bullion Company reveals that major gold-consuming nations are struggling to meet their demand through domestic mining, with India exhibiting the largest shortfall. The research examined gold data across various countries to identify the disparity between consumer demand and mined production....

Aliko Dangote, Africa's richest man, has abandoned plans to establish a new steel plant in Nigeria. This decision follows government concerns that his recently completed refinery could lead to monopolistic dominance in the country. Dangote Group’s President and CEO explained at a media briefing held at the Lagos refinery that...

Global income and wealth inequality significantly contribute to the economic crises experienced worldwide each year. Income inequality has been a problem for a long time. It started when wealth was concentrated during the monarchies and controlled by a few rich families. Burundi has the highest income or wealth inequality globally,...

The term "serial killer" was coined by influential figures such as former FBI agent Robert Ressler, LAPD detective Pierce Brooks, and German criminologist Ernst Gennat. According to the FBI, a serial killer is someone who unlawfully kills two or more victims in separate events. Some sources may define a serial...

Bulgaria is experiencing one of the fastest population declines in the world, mainly due to high death rates, low birth rates, and large numbers of people emigrating. The population is predicted to decrease by 22.5% from 6.9 million in 2020 to 5.4 million in 2050. Additionally, Bulgaria is struggling to...

The global population has surged from 7.95 billion in 2022 to 8.02 billion (8,024,997,030) in 2023. India, the world’s most populous country, continues to see its population climb, while China, the second-largest country, experienced its first population decline in decades. Three out of four people worldwide live in the 25...