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Economy

Global Wealth and Lifestyle Report 2020: focus on Asia

Julius Baer recently published its first “Global Wealth and Lifestyle Report” that looks at the trends behind consumption patterns. Driven by a booming number of wealthy residents who are reshaping the global high-end market, Asia is now home to the three most expensive cities in the world. But as consumers worldwide begin to put sustainability in focus, the high-end market is set to undergo further transformation in the coming years.

Brazil will create the “Amazon Council” to protect and develop the rainforest

At the end of 2018, Jair Bolsonaro was elected as the new president of Brazil. The election of Bolsonaro, sometimes called the “Trump of Brazil”, was seen as a shift to the far right and in fact one of the most radical political changes in decades. He certainly is a very controversial figure who exalted the country’s military dictatorship, advocated torture and threatened to destroy, jail or drive his political opponents into exile. Still, he managed to win the presidential elections by tapping into a deep well of resentment at the status quo in Brazil: a country whiplashed by rising crime and two years of political and economic turmoil. His promise was that he would change all of that and bring much needed change.

China has displaced the U.S. as the world's top research publisher in science and engineering

We recently came across data from the US National Science Board, highlighting what is called Science & Engineering Indicators 2020. It deals with the science & engineering articles that have been published around the world. Its latest data are for 2018 and these are the main takeaways...