The events of this year led to an unprecedented surge in inflation around the world — and now, in December, it is already possible to accurately assess what will happen at the end of the year
And it turns out that in 5 countries inflation will be above 100% (that is, prices will more than double): in Zimbabwe (269%), Lebanon (162%), Venezuela (156%), Syria (139%) and Sudan ( 103%). In much more seemingly prosperous Argentina and Turkey, inflation will be above 80%
The mildest situation with inflation this year will be in China: prices are predicted to rise by only 2.1% at the end of the year
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All companies in the top 5 largest arms manufacturers in the world by revenue in 2021 are American! From Lockheed Martin with more than $60 billion in revenue to General Dynamics with $26.4 billion in revenue.
Sixth place with a minimum gap is occupied by the British BAE Systems, and 7-8 places are occupied by Chinese manufacturers
The US court closed the case against the Crown Prince of Saudi Arabia for involvement in the murder of Khashoggi. Judge John Bates acknowledged that the prince was entitled to «sovereign immunity», and therefore the lawsuit against him, filed by the journalist’s fiancee, was dismissed.
Recall that Jamal Khashoggi worked as a columnist for The Washington Post and was known for critical articles against the authorities of Saudi Arabia.
Two companies owned by former US President Donald Trump have been found guilty of tax fraud and falsification of business records. The decision was made by a Manhattan jury.
Japan Post will start delivering parcels by drones. The length of the drones of Japan Post’s own design is 1.5 meters, and the payload capacity of the device reaches 5 kilograms. Drones can travel up to 32 km and will be used primarily in mountainous areas and on remote sparsely populated islands.
Apple Inc. will begin enabling customers in eight European countries to self-repair their devices, expanding on a program that was launched in the US earlier this year.
Known as Self Service Repair, the offer will now allow users in France, Belgium, Germany, Poland, Spain, the UK, Italy, and Sweden to buy iPhone SE, iPhone 12, iPhone 13, and select laptop parts online so they can do their own repairs. . Under the program, a customer can rent a large repair tool kit for about 60 euros ($63), buy individual parts, and receive repair manuals from Apple.
Apple discourages most consumers from self-repairing their devices, but repair rights groups have been urging the company for years to allow the practice. The program was first launched in the US in April, writes Bloomberg.
Tesla is offering Chinese customers a limited 6,000 yuan ($859.20) discount on select models until the end of 2022. This discount is in addition to the previously announced 4,000 yuan insurance subsidy, but only applies to buyers who purchase finished vehicles and complete delivery before the end of December.
The company previously slashed the price of Model 3 and Model Y vehicles by 9% in China, in addition to insurance benefits, as its Shanghai plant struggles with elevated inventory levels amid falling demand in the Chinese auto market.
Founder of Fanatics Inc. Michael Rubin has added another $1 billion to his growing fortune. The sportswear and collectibles company he founded has raised $700 million at a $31 billion valuation. According to the Bloomberg Billionaires Index, Rubin’s stake in the company is now worth about $10.1 billion, up from $9 billion before the latest round.
Fanatics executives said they plan to enter the sports betting market soon and are considering other industries, including media and ticketing.
European aircraft manufacturer Airbus said its goal of producing 700 aircraft this year was elusive due to supply chain problems in the aviation industry, Reuters writes. However, it is expected that the number of airliners created will not be much lower than planned.
The European Commission (EC) has approved the work program of the European Innovation Council (EIC) for 2023.
«The program opens up €1.6 billion in funding opportunities in 2023 for scientists and innovators to develop disruptive technologies and create new markets,» the EC said in a communiqué published on Wednesday in Brussels.
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