2022 was a terrible year for billionaires, many of which lost nearly $2 trillion combined. Despite stock, crypto, and bond market turmoil, as well as soaring interest rates, elevated inflation, and increased risk of economic uncertainty, the ultra-wealthy were increasingly purchasing luxury vehicles. Rolls-Royce Motor Cars published a press release stating it recorded its "highest-ever annual sales" in 2022, delivering 6,021 motor cars, up 8% versus 2021. "This is the first time in the company's 118-year history that its sales have…
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Escobar: The Capital Of The Multipolar World – A Moscow Diary
Escobar: The Capital Of The Multipolar World - A Moscow Diary
Authored by Pepe Escobar,
In Moscow you feel no crisis. No effects of sanctions. No unemployment. No homeless people in the streets. Minimal inflation.
How sharp was good ol...
These Are Asia’s Richest Families
These Are Asia's Richest Families
According to a ranking published by Bloomberg last week, the Ambanis remain the wealthiest among Asia’s families despite recent losses, owing their riches to the Reliance Industries conglomerate headquarte...
In AI We Trust
In AI We Trust
Artificial intelligence in some shape or form has been a part of everyday life for years, but the meteoric rise of ChatGPT and the resulting aggressive development pace of conversational and generative AI models is, for the ...
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Escobar: The Capital Of The Multipolar World – A Moscow Diary
Escobar: The Capital Of The Multipolar World - A Moscow Diary
Authored by Pepe Escobar,
In Moscow you feel no crisis. No effects of sanctions. No unemployment. No homeless people in the streets. Minimal inflation.
How sharp was good ol...
These Are Asia’s Richest Families
These Are Asia's Richest Families
According to a ranking published by Bloomberg last week, the Ambanis remain the wealthiest among Asia’s families despite recent losses, owing their riches to the Reliance Industries conglomerate headquarte...
In AI We Trust
In AI We Trust
Artificial intelligence in some shape or form has been a part of everyday life for years, but the meteoric rise of ChatGPT and the resulting aggressive development pace of conversational and generative AI models is, for the ...
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