Pope Francis on the Demographic Situation: Only the Rich in Italy can afford Children
Starting a family in Italy is starting to become a "titanic effort" that only the rich can afford
The Richest Got Poorer in 2018
Society | July 9, 2019, Tuesday // 12:20
- Tweet
Send to Kindle
www.pixabay.com
For the first time in the last seven years, the wealth of the richest people around the world declined in 2018, a report by the Capgemini consulting firm, quoted by DPA, reported.
The millionaires have also diminished. This is the first time since the financial crisis in 2008.
Capgemini's experts say the reasons for this trend are the international trade conflicts and uncertainties stemming from Brexit, as well as stock market losses.
The most millionaires are in the United States, Japan and Germany.
Related Articles:
Poor Countries are Calling For a Debt Revolution
Tired of mounting debt and multiple crises, leaders of the world's poorest countries have called for a rewrite of the rules governing the granting of billions of dollars
World | March 7, 2023, Tuesday // 09:30
UN Chief accused Rich Countries and Energy Giants of squeezing Poor Countries
UN Secretary-General Antonio Guterres has accused the world's rich nations and energy giants of squeezing poor countries with "predatory" interest rates and "crushing" fuel prices
World | March 5, 2023, Sunday // 07:51
Standard & Poor's confirmed Bulgaria's credit rating
The international rating agency "Standard & Poor's" confirmed the long-term and short-term credit rating of Bulgaria in foreign and local currency - three times B and A minus two. The outlook remains stable
Deputy PM Vassilev towards GERB: Your Economic Philosophy is – “F*** the Poor”
“The motives for the no-confidence vote are unclear”, Deputy Prime Minister and Finance Minister Asen Vassilev said today in parliament
Politics | June 21, 2022, Tuesday // 15:36
The Pandemic has made the Super-Rich even Richer
The share of world wealth held by billionaires increased at a record high during the pandemic, Reuters reported, citing a study released today.
Business | December 8, 2021, Wednesday // 11:01
124 Countries Back New WHO Pact to Tackle Future Pandemics
On May 19, 2025, the World Health Assembly approved a new international agreement aimed at strengthening the global response to future pandemics
Rain, Thunderstorms and Hail Possible in Western Bulgaria on May 21
On Wednesday, cloud cover will temporarily increase, starting from the western regions and gradually moving eastward
Bulgarians’ Wealth Hits Historic 1 Trillion Leva Milestone
For the first time in Bulgaria’s modern economic history, the total wealth of Bulgarian citizens reached the impressive sum of 1 trillion leva by the end of 2024
Society | May 20, 2025, Tuesday // 16:00
Russian Pensions in Bulgaria Suspended Without Explanation
Pensions from Russia to recipients in Bulgaria have unexpectedly stopped
Society | May 20, 2025, Tuesday // 15:21
In Memory of Duty: Monument in Sofia Honors Doctors Lost to COVID-19
A monument honoring the medical professionals who lost their lives in the fight against COVID-19 has been unveiled at Pirogov University Hospital and Medical Center
Unity and Heritage: Chicago’s Fourth Bulgarian Parade Draws Thousands (VIDEO)
For the fourth year running, Chicago hosted its annual parade celebrating May 24, the Day of Bulgarian Education and Culture, gathering thousands of Bulgarian-Americans and their families
