According to the recently published 2023 Global Wealth Report by Credit Suisse and UBS, it is projected that global wealth will experience a significant surge, reaching a staggering $629 trillion by 2027. This anticipated growth represents a substantial 38% increase…
China's real estate crisis has intensified as two prominent real estate developers face severe financial problems that could affect the country's entire economy and extend beyond its borders. Evergrande, a prime representative of the problems facing China's real estate industry,…
The current state of the stock market is characterized by a certain level of risk, which may indicate an impending market crash. However, such arguments tend to be disregarded in the long run. Since 1900, the average annual real return…
Using Wefox, an unprecedented milestone was reached: a European fintech company reached a valuation of one billion dollars faster than any other in history. A staggering $1.4 billion was successfully raised in seven years, an exceptional achievement in the financial…
The world currency markets have been witnessing a gradual decline in the value of the Russian ruble, a once formidable monetary unit, for a long time. The downward trajectory of the ruble's value, which began earlier this year, has reached…
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Peter Bergman (MoneyAmped.com)