The World Bank has once again assessed the human capital index. The global average is 56%, the index for low-income countries is 37%, for high-income countries - 70%. The index measures the human capital that a child born today can possess by adulthood, based on an analysis of five indicators. These include the probability of surviving up to five years, the expected duration of schooling for...

The fatal plane crash involving the Boeing 737 MAX occurred because of "colossal financial pressure" on the company, "erroneous assumptions" of engineers and the influence of Boeing on American officials. This conclusion was reached by American congressmen after a year and a half of investigation. The Boeing 737 MAX plane crashes were "the horrific culmination of a series of erroneous assumptions...

The entire cabinet of Japanese Prime Minister Shinzo Abe is stepping down ahead of Yoshihide Suga's appointment, local media reported. Each of the ministers submitted requests for this to Prime Minister Abe. Yoshihide Suga, the new leader of the Liberal Democratic Party, is set to take over as Japanese Prime Minister on Wednesday. The parliament is expected to formally elect Suga as Prime...

The United States has failed to sufficiently substantiate the need for a sharp increase in duties on Chinese goods in 2018, and these measures are contrary to international trade rules. This is the conclusion reached by the WTO arbitrators, who considered China's claim on two lists of goods, the volume of imports of which to the United States was equal to $ 234 billion. The World Trade...

The ceremony will be held in Washington on Tuesday. During the event, the UAE and Bahrain will sign an agreement to normalize diplomatic relations with Israel. According to the Israeli Times of Israel, Israeli Prime Minister Benjamin Netanyahu arrived in Washington for the ceremony. It is expected that the UAE and Bahrain will be represented at the ceremony by the foreign ministers of these...

On Sunday, the Israeli government spoke in favor of introducing a self-isolation regime in the country to slow the spread of the coronavirus COVID-19, The Jerusalem Post reported. It is planned that the regime will take effect next Friday at 14:00 local time and will last until October 9. During this period, almost all schools will be closed, residents will be prohibited from moving further than...

Australian pension fund Hesta, which invests in mining company Rio Tinto, has demanded that all of its agreements with indigenous people be reviewed following the scandal over the destruction of ancient caves in the Pilbara region, writes The Guardian. The requirement for an independent review is contained in Hesta's letter to Rio Tinto's board of directors. "Mining companies that unfairly and...

In August, Belarus spent $ 1.4 billion from gold and foreign exchange reserves; the country's reserves fell by almost 16%. The country has been shaken by protests against Alexander Lukashenko for a month now, and the European Union is threatening the country with sanctions. The gold and foreign exchange reserves of Belarus fell by 15.8% in August: according to preliminary data, the country spent...

Britain has set a deadline of October 15 to negotiate a Brexit trade deal with the European Union, Reuters reported, citing a statement by British Prime Minister Boris Johnson ahead of the final round of negotiations. If the deal is not agreed, both parties should "take it and move on," he said. Negotiations are due to resume on Monday 7 September. They were previously stumped by Britain's...