Forbes Recognizes Two Bulgarians Among World's Richest Individuals Yet Again
In the latest unveiling of Forbes' prestigious billionaires list for 2024, the world witnesses a dynamic panorama of wealth distribution and economic shifts
Russian President Vladimir Putin was named the most powerful person on the planet by Forbes magazine Wednesday.
Forbes said that Putin, who ranked third last year, showed his dominance in diplomatic maneuvring during the international crisis over Syria, and the fate of fugitive US intelligence contractor Edward Snowden who was given asylum in Russia.
US President Barack Obama (No. 2) dropped from the number one spot, followed by General Secretary, Communist Party of China Xi Jinping (No. 3), Pope Francis (No.4) and German Chancellor Angela Merkel (No. 5).
Rounding out the Top 10 are Bill & Melinda Gates Foundation Co-chair Bill Gates (No. 6), US Federal Reserve Chairman Ben S. Bernanke (No. 7), Saudi Arabia King Abdullah bin Abdul Aziz (No. 8), European Central Bank President Mario Draghi (No. 9 ), and the highest ranking active business person on the list – Wal-Mart CEO Michael Duke (No. 10).
Forbes took four factors into account to select the world’s most powerful 72 people: how many people they have power over; the financial resources they control; if they have influence in more than one sphere; and how actively they wield their power to change the world.
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CIA Director William Burns has issued a stark warning, asserting that Ukraine may face defeat in its war against Russia by the end of this year if the United States does not step up its military assistance
EU Commissioner for Home Affairs Ylva Johansson conducted an inspection of border control measures at Sofia Airport, marking a significant step in Bulgaria's accession to the Schengen Area by air
Romania is making strides toward joining the Visa Waiver Program, a significant milestone that would enable its citizens to travel to the United States visa-free for up to 90 days
More than 100 pro-Palestinian demonstrators were arrested Thursday night at Columbia University in New York City
A Russian airstrike on the city of Dnipro in central Ukraine has resulted in the loss of at least eight lives and left 21 individuals wounded
Ukraine's military announced the destruction of a Russian Tu-22 strategic bomber, allegedly involved in nighttime airstrikes targeting Ukrainian cities
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