by Tyler Durden
Friday, Apr 16, 2021 - 02:45 AM
For the first time in seven years, New York City has lost its title as the world s billionaire capital.
Statista s Niall McCarthy reports that in 2020, the Big Apple was displaced by Beijing which recorded a net gain of 33 billionaires.
Beijing is now in top spot with 100 individuals worth a billion dollars or more, narrowly ahead of New York s 99.
You will find more infographics at Statista
a quarter of its 2,755 members live in just 10 cities with more than 10 percent resident in just four Chinese metropolises. Along with Beijing, Shanghai, Shenzhen and Hangzhou also make the list of the world s top-10 billionaire capitals. Hong Kong, a special administrative region of China, is also present on the list and it comes third with 80 billionaires.
by Tyler Durden
Thursday, Apr 15, 2021 - 11:30 PM
President Biden has announced that 2,500 U.S. troops and another 7,000 from NATO will start returning home from Afghanistan in May, with the full withdrawal set to be completed in time for the 20th anniversary of 9/11. In a White House speech, he said: I am now the fourth American president to preside over an American troop presence in Afghanistan. Two Republicans. Two Democrats. I will not pass this responsibility on to a fifth. over the course of nearly two decades, America s longest war has consumed $2 trillion dollars, cost 110,000 Afghan lives and also resulted in the deaths of 3,500 coalition service members including around 2,400 Americans.
by Tyler Durden
Tuesday, Apr 06, 2021 - 10:45 PM
Back in August 2007, the dangerous and decaying state of America s infrastructure became a shocking reality when the I-35W Mississippi River Bridge in Minneapolis collapsed, sending vehicles crashing into the river below. 13 people were killed while another 145 were injured. In August 2018, a bridge collapse in Genoa, Italy, shocked the world with 43 people losing their lives.
After that catastrophe, many countries, including the United States, started to seriously look at the state of their deteriorating infrastructure.
Last week, as Statista s Niall McCarthy notes, President Biden unveiled his plans for a $2 trillion investment in American infrastructure, describing it as
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