Special Reports

As of early 2024, nine countries possess nuclear weapons, some legally and some not so legally, with an estimated 12,121 warheads among them. The Nuclear Nonproliferation Treaty (NPT) officially recognizes five nations as nuclear-armed states: the United Kingdom, China, France, the United States, and Russia. Notably, Russia has the most...

Who Is Building Nuclear Reactors? As of July 2024, the total capacity of nuclear reactors under construction worldwide exceeded 62 gigawatts. Notably, China led the way with approximately 26 gigawatts of capacity, followed by India with 5.4 gigawatts. The global count of nuclear reactors under construction in 2024 stood at...

According to the Asian Development Bank (ADB), the Philippines is expected to meet its economic growth target for this year, supported by decreasing inflation and anticipated interest rate cuts. However, projections for next year indicate that the growth might not fully align with the government's objectives. In its recently published...

Encompassing areas like communications, transport, finance, education, and tourism, the services sector contributes over two-thirds of the world's GDP and employs more individuals than any other industry. A report by the World Bank and WTO, "Trade Services in Development," highlights the sector's significant role in promoting female empowerment. Despite its...

Battery-electric car registrations in the European Union fell by 1% last month, totaling 156,408 units, according to the European Automobile Manufacturers' Association (ACEA). This decline resulted in a market share drop from 15.1% to 14.4% compared to the same period last year. Despite the overall decline, several countries reported significant...

Did you know that India is already the world’s third-largest economy in terms of GDP (PPP), which stands for purchasing power parity? PPP focuses on the purchasing power of the domestic currency within the economy for a basket of goods. Interestingly, the United States of America doesn’t top this ranking!...

The International Monetary Fund (IMF) has lowered its growth projections for Middle Eastern economies, attributing this revision to oil production limitations and the ongoing Israel-Gaza conflict. In its latest World Economic Outlook update, the IMF pointed out that while the global economy showed resilience last year, it now faces challenges...

Survey data from F&G Annuities & Life Inc. indicates that economic challenges and other factors are leading many Americans to delay or exit retirement. The newly released Retirement Reconsidered survey, conducted in May with 2,048 respondents aged 50 and older, reveals that 51% of this group are contemplating reentering the...

The port of Shanghai is the busiest container port in the world, with a capacity of over 49 million twenty-foot equivalent units (TEU). It's worth noting that 15 of the world's 20 busiest container ports are located in Asia. Some of the busiest container ports in Asia are Shanghai, Singapore,...

As of July 2024, SpaceX owns and operates the most satellites orbiting Earth, with its Starlink constellation totaling 6,111 active satellites. This accounts for almost half of all active satellites in orbit. SpaceX, the California-based firm founded by Elon Musk, owns and operates Starlink. The company plans to expand its...