Africa / Data

Russia's budget oil breakeven price world’s second lowest as oil revenues recover

bne IntelliNews September 13, 2024

The Institute of International Finance (IIF) has forecast a decrease in Russia’s fiscal breakeven oil price (the amount to balance the external current account) to $77 per barrel by 2025, supported by a recovery in oil and gas revenues.

How energy intensive are data centers?

Florian Zandt for Statista July 24, 2024

While countries like China and the United States had the highest electricity demand by a considerable margin, a new player that rivals the consumption of some of the biggest economies and is bolstered by the ongoing AI hype and data center use.

IMF: Three quarters of the world’s wealth is owned by 10% of its people, who account for half of the CO2 emissions

bne IntelliNews July 15, 2024

The state of global inequality is alarming, showing no significant improvement over the past century, according to the World Inequality Report 2022,

Where is income inequality worst – Statista

Anna Fleck for Statista July 11, 2024

The Global Wealth Report 2024 was released on July 10 by the Swiss bank UBS, highlighting where wealth inequalities have grown the furthest. South Africa comes top of the list, scoring 82 out of 100.

IMF: Dollar’s "stealth erosion" in global reserves by other currencies

Serkan Arslanalp for the IMF, Barry Eichengreen, Chima Simpson-Bell June 11, 2024

The US dollar's share in global reserve currencies is falling steadily, but instead of being replaced by one of the "big four" alternatives – euro, yen, and pound – central banks are buying currencies like the Chinese yuan.

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