The essential definition of inflation is that it is the rate of increase in prices over a given period of time. Generally speaking, it is the overall increase in prices or the increase in the cost of living in a country. But as the International Monetary Fund (IMF) notices, it can also be more narrowly calculated—for certain goods, such as food, or for services, such as a haircut, for example. The fact is that inflation hits women more than men. Why is it so, and what are the consequences?
The port of Rotterdam in the Netherlands is the largest port in Europe and the 10th in the world. Highly competitive logistics and stable political conditions enhance business freedom here. Home-grown international companies are working with a dense network of SMEs. Welcome to the Netherlands, the flat-land country with extensive cycling infrastructure and strong digitalisation level.
In the third quarter of the year, Switzerland’s gross domestic product (GDP) increased by only 0.3% below average compared to the previous quarter. Growth is driven mainly by the state and by population growth. In the first three months of the year, economic performance increased by 0.9%.
In today's interconnected world, economic disparities between countries are a fascinating subject of study. One unconventional yet insightful tool that sheds light on these differences is the Big Mac Index. While it may sound quirky, this intriguing economic indicator offers valuable insights into global wealth distribution and purchasing power.
The ASEAN Economic Community (AEC) thrives in the busy centre of Southeast Asia, embarking on a road towards regional economic union. The AEC envisions a thriving, wealthy, and highly competitive economic zone, with its roots firmly planted in the free flow of products, services, investment, and skilled labour among its member nations. It's a world where the essence of a well-integrated and coherent economy collides with the desires of ultra-high net-worth individuals (UHNWIs) and high-net-worth individuals (HNWIs), marking the arrival of increasing riches and investment opportunities.
Gold is often considered to be the only safe investment. Its value as a currency stemmed not only from its beauty and rarity but also from its durability. Unlike other forms of currency, such as paper or shells, gold does not deteriorate over time, making it a stable and reliable store of value. But cash or some currencies are also considered safe harbours.
Businesses use mergers and acquisitions (M&A) as a way to grow, improve their position in the market, and find new possibilities. They help businesses pool their resources, get rid of unnecessary ones, and use connections to boost efficiency and generate new ideas. When M&A goes well, it can lead to higher economies of scale, a wider reach in the market, and a combination of different skills and technologies.
Saudi Arabia implements reforms to reduce oil dependence, diversify income sources, and enhance competitiveness. The economy is undergoing a remarkable transformation. As shown in the latest IMF annual review, progress has been most notably reflected in non-oil growth, which has accelerated since 2021, averaging 4.8 percent in 2022.

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