First of all, Russia is a major supplier of metallurgical products. As the Federal Customs Service of Russia informed, the value of metal units exports exceeded $30 billion. The largest demand is for ferrous and non-ferrous metals, and also products from them. The main market player is VSMPO-AVISMA Corporation producing titanium goods. The company is the main supplier of titanium for Airbus and Boeing.
Last year the total volume of exported domestic mineral fertilizers amounted to more than $11 billion. The Russian Federation occupies the second line in terms of the total potash fertilizer output, as pointed out in a study of the U.S. Geological Survey. The Uralkali domestic brand is one of the largest factories producing such fertilizers, about 85% of the output is exported.
The domestic Sukhoy Superjet-100 (SSJ-100) short range aircraft has recently become particularly popular. The aircraft plane is manufactured by the civilian unit of the United Aircraft Corporation. China, Mexico and other countries got interested in the Russian airplane. The advantage of the airliner is low costs per a passenger as compared to its rivals.
Russian military-oriented products were always popular in foreign countries. The share of the domestic weaponed machinery in the world trade is 27%, it is almost one third of the global volume of the product.
Finally, helicopter industry. Today the production of helicopters in Russia is one of the advanced directions in the export economy. Modern technologies and materials which allow to realize unique design solutions are used in the industry. Last year's data show that Russian helicopters are used in more than 100 countries.
Economic inequality remains one of the most pressing issues in today's world. To measure the gap between the rich and the poor in each country, the Gini index is used. This coefficient reflects how income is distributed within a society: the closer the index is to 100, the greater the inequality. Let's explore which countries currently have the highest Gini index values
This year has been pivotal for Bitcoin, the world's leading cryptocurrency. One of the key milestones was the approval of Bitcoin spot ETFs by the US Securities and Exchange Commission. In April 2024, Bitcoin also experienced a halving event, which is typically seen as a positive development for the digital asset. This year, the cryptocurrency is up 57%, and analysts remain optimistic about its future. However, they highlight four key factors that could influence Bitcoin's trajectory, both for better and for worse
Analytical periodical US News and World Report has presented its ranking of the best countries in the world in terms of quality of life, based on a survey of nearly 17,000 people. The list considers factors such as economic and political stability, a strong labor market, income equality, family-friendliness, safety, the quality of education, and healthcare systems. Let's find out which countries made it to the top of this list.
