Profitloss Centerstage Events

World population surpassing 8 billion took centerstage on Tuesday, 15 November 2022 among all major events across the globe, and remains the highlight of this week's list of center stage events.
Picture Courtesy: Profit loss

Centerstage events of week 2

The United Nations announces that the world population has surpassed...

The United Nations announces that the world population has surpassed eight billion people, marking a significant milestone in human development. Current estimates project that the global population could reach around 8.5 billion by 2030, 9.7 billion by 2050, and 10.4 billion by 2100. The annual World Population Prospect report reveals that population growth is at its slowest rate since 1950, dropping to less than one percent in 2020.

Monday, 14 November, 2022

Russia's economy enters a recession as gross domestic product (GDP)...

Russia's economy enters a recession as gross domestic product (GDP) declines by four percent in the third quarter, following a similar contraction in the second quarter. The drop in economic output is attributed to Western sanctions imposed after Russia's offensive in Ukraine. Wholesale and retail trade experience significant declines, while construction and agriculture show modest growth. Despite the economic downturn, Russia's unemployment rate remains at 3.9 percent. The central bank maintains its key interest rate unchanged at 7.5 percent as it adapts to the challenging circumstances.

Tuesday, 15 November, 2022

The State Administration Council of Myanmar has granted amnesty to...

The State Administration Council of Myanmar has granted amnesty to 5,774 prisoners, which includes notable individuals such as former British ambassador Vicky Bowman and Australian economist Sean Turnell. Sean Turnell served as an economic policy advisor to Aung San Suu Kyi, who is currently under detention. The amnesty is a significant development in Myanmar's political landscape and could have implications for the ongoing political situation in the country.

Wednesday, 16 November, 2022

Beijing has introduced Convidecia Air, the world's first inhalable COVID...

Beijing has introduced Convidecia Air, the world's first inhalable COVID booster vaccine, manufactured by CanSino Biologics, to encourage the population to get vaccinated amidst a surge in coronavirus outbreaks in China. Around 90 percent of Chinese citizens are fully vaccinated, with 57 percent receiving booster shots. Eleven districts in Beijing have started offering appointments for the inhalable vaccine as a booster dose, primarily for those who received two shots of China's inactivated vaccines. The needle-free vaccine aims to make vaccination more accessible and facilitate the relaxation of pandemic restrictions.

Thursday, 17 November, 2022

Formula One is launching the F1 Academy, a new racing...

Formula One is launching the F1 Academy, a new racing series specifically for female drivers, set to commence next year. The series will receive financial support from F1 and will likely serve as a support series for one weekend of the F1 season. F1 will contribute 150,000 euros per car, with drivers required to cover the same amount, representing a fraction of typical costs in comparable series. The F1 Academy aims to recruit young talent from go-karting and junior categories, with the goal of advancing to Formula Three and eventually competing in F1.

Friday, 18 November, 2022

Elon Musk, owner of Twitter, reinstates the suspended account of...

Elon Musk, owner of Twitter, reinstates the suspended account of former U.S. President Donald Trump following an impromptu online poll. Over 15 million people participated in the poll, although Musk acknowledges the possibility of bot involvement in the voting. The decision to restore Trump's account reflects a significant development in the ongoing debate surrounding social media platforms and their role in regulating political figures' online presence.

Saturday, 19 November, 2022

Kazakhstan holds snap presidential elections, with President Kassym-Jomart Tokayev projected...

Kazakhstan holds snap presidential elections, with President Kassym-Jomart Tokayev projected to win a second seven-year term. Exit polls indicate a landslide victory for Tokayev, who receives 81% of the vote. The election marks the seventh presidential election since Kazakhstan gained independence in 1991. Other candidates, including Jiguli Dairabaev, receive minimal support. The "against all" option on the ballot paper receives 6% of the vote. Turnout stands at 69%, the lowest in Kazakh presidential election history.

Sunday, 20 November, 2022