Great Britain
The British economy has contracted for the first time since 2012, experts say. In the second quarter of 2019, the country's GDP lost a quarter of a per cent. The UK economy has been weighed down by persistent fears and bleak prospects of the country’s withdrawal from the European Union. Analysts believe that the most likely scenario for the UK to leave the EU is a no-deal Brexit, after which the country is expected to plunge into a recession.
Italy
According to experts, Italy’s economy is facing a significant slowdown nowadays. It is adversely affected by such factors as low labour productivity, high youth unemployment, an enormous amount of public debt, and political instability.
Germany
Leading experts reckon that the German economy is completing the so-called “golden decade”. Analytical data shows that the fourth largest economy in the world experienced a decline in GDP during the three spring months. European analysts are sure that the German economy is about to tip into a recession. It is highly dependent on exports. There has recently been a decrease in automobile sales, which causes alarm among most automakers.
Mexico
According to experts, the level of investment in Mexico has sharply decreased, while the services sector has been under pressure. The country has so far succeeded in avoiding a recession, which implies the GDP contraction for two quarters in a row. Analysts do not expect GDP growth by the end of the year. Nevertheless, experts do not rule out more headwinds in the Mexican economy.
Brazil
One of the largest economies in Latin America is going through difficult times. The Brazilian economy is affected by such factors as low industrial output and high rates of unemployment. Analysts warn that in the second quarter of 2019, the country moved closer to a recession.
Economic inequality remains one of the most pressing issues in today's world. To measure the gap between the rich and the poor in each country, the Gini index is used. This coefficient reflects how income is distributed within a society: the closer the index is to 100, the greater the inequality. Let's explore which countries currently have the highest Gini index values
This year has been pivotal for Bitcoin, the world's leading cryptocurrency. One of the key milestones was the approval of Bitcoin spot ETFs by the US Securities and Exchange Commission. In April 2024, Bitcoin also experienced a halving event, which is typically seen as a positive development for the digital asset. This year, the cryptocurrency is up 57%, and analysts remain optimistic about its future. However, they highlight four key factors that could influence Bitcoin's trajectory, both for better and for worse
Analytical periodical US News and World Report has presented its ranking of the best countries in the world in terms of quality of life, based on a survey of nearly 17,000 people. The list considers factors such as economic and political stability, a strong labor market, income equality, family-friendliness, safety, the quality of education, and healthcare systems. Let's find out which countries made it to the top of this list.
