Oppressive regimes can endure for decades due to a combination of political, social, economic, and international factors. While the specific circumstances may vary from one regime to another, here are some common reasons why such regimes can maintain their grip on power for extended periods: Regime Country Years in Power … [Read more...] about Why oppressive regimes last decades?
Briefing
The Shift Away from Private Vehicle Ownership: Why Younger Generations Lead the Trend
Younger generations are moving away from private vehicle use for several reasons, and these trends have been observed in many parts of the world. Here are some of the key factors driving this shift: Environmental Concerns: Younger generations are generally more environmentally conscious and concerned about climate change. They are more likely to consider the environmental … [Read more...] about The Shift Away from Private Vehicle Ownership: Why Younger Generations Lead the Trend
Has the Metaverse Lost Its Luster? Exploring the Subsiding Interest
In recent years, the term "metaverse" has been on the tip of everyone's tongues, capturing our imaginations with the promise of a digital utopia where we can live, work, and play in an immersive virtual world. Tech giants like Facebook (now Meta) have invested billions in building this digital realm, while countless startups have raced to develop the next big metaverse project. … [Read more...] about Has the Metaverse Lost Its Luster? Exploring the Subsiding Interest
Erdogan’s Disastrous Rule Leads to Economic Crisis in Turkey
Here is a gloomy picture of Turkey's economy: The Turkish lira has lost over half of its value against the US dollar in the past year, making imports more expensive and pushing up inflation.Inflation is currently running at over 40%, the highest level in two decades. This has eroded the purchasing power of ordinary Turks and made it difficult for them to make ends meet.The … [Read more...] about Erdogan’s Disastrous Rule Leads to Economic Crisis in Turkey
Asia’s ultra-rich population fell by 3.1% in 2022
According to a report by the Hurun Global Rich List, Asia's ultra-rich population fell by 3.1% in 2022, the largest drop in the world. The total number of ultra-high net worth individuals (UHNWIs) in Asia declined to 15,625, from 16,110 in 2021. RegionNumber of UHNWIsTotal wealthAverage wealthAsia15,625$40.3 trillion$2.6 billionEurope12,750$35.2 trillion$2.7 billionUnited … [Read more...] about Asia’s ultra-rich population fell by 3.1% in 2022