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2025 Global Innovation Index: Switzerland Tops Rankings, China Enters Top 10 for First Time
As stated by WIPO’s 2025 Global Innovation Index (GII), Switzerland ranks first and is followed by Sweden, the United States of America, the Republic of Korea, and Singapore. The Netherlands, Denmark, Finland, the United Kingdom, and China (which ranked in the top 10 for the first time) complete the list. The GII uses over 80 factors to assess roughly 140 economies, including high-tech exports, venture capital, R&D levels, and IP registration statistics
Uniting for a Better Future: UNGA 80 Marks 80 Years of Global Cooperation and Action
High-level government and civil society representatives gather throughout the city every September to work together to address the most pressing problems affecting society worldwide. There is more excitement this year because it is the UN’s 80th session, which is a significant milestone. Thus, there will be opportunities for introspection about the UN, as well as to establish actions for future work
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Rural Areas Left Behind: 44% of World Lives Without Access to Basic Necessities
The majority of the world lived in rural areas while they maintained their lives, but without warning, worldwide populated urban areas dramatically increased their majority share.
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Debt Transparency: A Crucial Step Towards Sustainable Development Finance
Debt transparency is essential for the assurance and monitoring of debt sustainability. In recent years, some borrowing countries have obtained full access to markets with credible creditworthiness, only to later reveal hidden debts, leading to deep economic crises. Judgments about debt sustainability can only be made with timely and comprehensive reporting of debts and transactions
Asia-Pacific Tax Trends: Revenue Statistics 2025 Reveals Insights into Public Finances
Over the long term, or between 2010 and 2023, tax-to-GDP ratios increased in 22 economies and reduced in 15 others. The Maldives, Niue, Nauru, Japan, Cambodia, and Korea saw some of the largest improvements. Some of the increases can be attributed to tax reforms and recoveries from economic crises in Japan and Korea. In the long term, the greatest decreases occurred in Timor-Leste, Kazakhstan, China, the Marshall Islands, and Vietnam; this was due to a sudden decline in global commodity prices, which reduced fiscal revenue in these commodity-dependent economies
The Future of Finance: How Fintech and Public-Private Partnerships Are Revolutionizing Payments, Credit, and Investment
Brazil's Pix was launched in 2020 by the central bank and has just recently reached over 90 percent of the adult population using it regularly for their everyday purchases. India's Unified Payments Interface (UPI) is a single platform connecting banks, fintechs, and tech firms with the oversight of the central bank. In the United States, Venmo and Zelle still remain largely incompatible. In China, Alipay and WeChat Pay were initially both stand-alone platforms. In Peru, similar to China, having Yape and Plin as competing systems caused comparable challenges.
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The Gathering Storm: How Trump's Tariffs Forged BRICS Unity
In a world long dominated by the financial tides of the US dollar, a new story is unfolding, driven not by a grand, planned design but by an unexpected external force: the tariff policies of Donald Trump. Trump's renewed presidency saw him sign an executive order in early 2025, first imposing tariffs on imports from China, then escalating to a "universal" tariff on nearly all imports. But the most pointed attacks were reserved for the BRICS bloc and their partners
Fragile Economies in Crisis: World Bank Report Highlights Challenges and Opportunities for Growth
Resolving fragility is not only the role of humanitarian action but also important for international security and economic equality. The country is experiencing fragility and conflicts through a multifaceted issue that hinders development and undermines social security. Prolonged hostilities, weak institutions, and state capacity constraints prevent governments from providing necessary services and developing trust from their people
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2025 Global FDI Trends: Divergence, Opportunities, and Risks in International Investment
The Evolution of Health Economics: Navigating Complexity and Shaping the Future of Healthcare
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