In the pandemic, India’s middle class shrinks and poverty spreads while China sees smaller changes
The course of the pandemic in India and China will have a substantial effect on changes in the distribution of income at the global level.
Numbers, Facts and Trends Shaping Your World
The course of the pandemic in India and China will have a substantial effect on changes in the distribution of income at the global level.
The Trump administration’s plans to impose $50 billion in tariffs on Chinese imports, as well as tariffs recently placed on imported steel and aluminum and on imports of solar panels and washing machines, mark a distinct break from decades of U.S. trade policy, which long has generally favored lower tariffs and fewer restrictions on the movement of goods and services across international borders.
Foreign-owned companies employed 6.8 million workers in the United States in 2015, up 22% from 2007. Overall, foreign-owned companies accounted for 5.5% of all U.S. private sector employment in 2015.
Although Europe is struggling to manage the hundreds of thousands of refugees fleeing conflicts in the Middle East, Africa and elsewhere, the countries facing the biggest refugee impacts are the ones closest to the fighting.
Over the course of history, many scientists and activists have raised alarm about population numbers that only increase every year.
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