Income inequality and wealth disparity have been frequent topics of conversation, even before the pandemic upended the economy. Now, rising inflation and interest rates, and a possible recession on the horizon are bringing these societal divides into sharp focus. In the above visualization, U.S. households are parsed out into a neighborhood…
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The increasingly isolated president will meet his Turkish and Iranian counterparts in Tehran to discuss Syria as the East-West divide deepens. Tehran, Iran – Russia’s President Vladimir Putin is expected to meet his Iranian counterpart Ebrahim Raisi in Tehran on Tuesday. The meeting, which will include Turkey’s President Recep Tayyip Erdogan, will take…
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China’s economy contracted sharply in the second quarter of this year as widespread coronavirus lockdowns hit businesses and consumers. Gross domestic product (GDP) fell by 2.6% in the three months to the end of June from the previous quarter. Major cities across China, including the major financial and manufacturing centre…
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For a full-size option or to inquire about posters, please visit Pablo Carlos Budassi’s website. A Logarithmic Map of the Entire Observable Universe Among the scientific community, it’s widely believed that so far humans have only discovered about 5% of the universe. Yet, despite knowing about just a fraction of what’s out there, we’ve…
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The day started with a hurried departure and the promise of a resignation. Sri Lankans woke to the news that overnight President Gotabaya Rajapaksa, the man whose family had ruled the island with an iron fist for most of the last two decades, had fled the country having promised to…
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Thousands of firefighters are battling wildfires in Portugal, Spain and southwestern France, in the grip of a heatwave that shows no sign of easing. In northern Portugal, a pilot died when his waterbombing plane crashed in the Foz Coa area, near the Spanish border. Fires are ravaging areas of France’s…
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US President Joe Biden says he raised the murder of journalist Jamal Khashoggi during a meeting with Saudi Crown Prince Mohammed bin Salman. Mr Biden is in Saudi Arabia to rebuild relations, having previously promised to make the country a “pariah” over its human rights record. He said he had…
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In the case of global warming, a few degrees make all the difference. The United Nations’ latest IPCC report emphasizes that the Earth is on a collision course with catastrophic climate change—that is unless, in line with the 2015 Paris Agreement, the global rise in temperatures can be limited to 1.5°C.…
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We’ve covered this topic in the past when the world’s GDP was $88 trillion (2020) and then $94 trillion (2021), and now according to the latest projections, the IMF expects the global economy to reach nearly $104 trillion in nominal value by the end of 2022. Although growth keeps trending upwards, the recovery that was expected…
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US President Biden and Israeli Prime Minister Lapid sign joint declaration during meeting in Jerusalem. United States President Joe Biden and Israeli Prime Minister Yair Lapid have reiterated their anti-Iran positions in a joint declaration committing to preventing Tehran from acquiring nuclear weapons. The two leaders signed the statement earlier after…
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