Europe’s biggest economy is taking its worst hit since the 1979-81 oil crisis, according to a study The German economy is expected to lose billions of euros by the end of 2023 due to skyrocketing energy prices, the Ifo Center for Macroeconomics said in a report published on Tuesday.
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India will become the world’s third largest economy by 2027, with its GDP more than doubling from the current $3.4 trillion to $8.5 trillion over the next 10 years, the chief Asia economist at Morgan Stanley wrote in a column for the Financial Times on Tuesday.
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Just 125 wealthy individuals cause 393 million tons of CO2 emissions each year, a study concludes The world’s richest people cause huge and unsustainable amounts of carbon emissions, and unlike ordinary people, 50% to 70% of their pollution results from their investments, anti-poverty charity Oxfam has revealed.
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