Daren Acemoglu, Simon Johnson, and James A. Robinson won The 2024 Nobel Prize in Economics for their inspiring research on “ How institutions are formed and affect prosperity”
Daren Acemoglu, Simon Johnson, and James A. Robinson won The 2024 Nobel Prize in Economics for their inspiring research on “ How institutions are formed and affect prosperity” Annouced by the Royal Swedish Academy of Sciences.
The awardees work showcases the importance of societal institutions in a nation’s economic achievement.
The chair Committee for the Prize in Economic Sciences Jakob Svensson, pointed out the awardees successful work in dealing with global inequality. “Stating the income between countries is one of the major challenges of our time. The awardees have shown how challenging societal institutions are in achieving this goal," he said.
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Ukraine says the second round of U.S.-brokered peace talks with Russia in Abu Dhabi is moving into separate working groups focused on specific issues,...
Russia said on Wednesday that the parties to the New START nuclear arms control treaty are no longer bound by its obligations or related declarations,...
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The 2025 Nobel Peace Prize has been awarded to María Corina Machado, a prominent Venezuelan opposition leader, for her tireless efforts in advocating for democracy and a peaceful transition in Venezuela.
The world’s leading minds and voices will be honoured on Wednesday, 10 December, the anniversary of Alfred Nobel’s death, as Nobel Prizes are presented in Stockholm and Oslo.
Scores of demonstrators gathered outside the Norwegian Nobel Institute in Oslo Tuesday (9 December) to protest against the awarding of this year’s Nobel Peace Prize to Venezuelan opposition leader Maria Corina Machado.
Nobel Prize-winning scientist James Watson, who co-discovered the DNA double-helix structure, has died at 97, his former research lab confirmed.
Cuba’s Deputy Foreign Minister Carlos Fernández de Cossío has denied that Havana and Washington have entered formal negotiations, countering recent assertions by U.S. President Donald Trump, while saying the island is open to dialogue under certain conditions.
Talks with the U.S. should be pursued to secure national interests as long as "threats and unreasonable expectations" are avoided, President Masoud Pezeshkian posted on X on Tuesday (3 February).
Mexico said it will stop sending oil to Cuba as U.S. President Donald Trump ramped up pressure on the Caribbean nation.
Ukrainian President Volodymyr Zelenskyy accused Russia on Tuesday (3 February) of exploiting a U.S.-backed energy ceasefire to stockpile weapons and launch large-scale drone and missile attacks on Ukraine ahead of peace talks.
Paris prosecutors have summoned X chairman Elon Musk and former chief executive Linda Yaccarino for questioning in April as part of their probe into the X social media network, they said on Tuesday.
Wall Street ended sharply lower on Tuesday as investors worried about artificial intelligence (AI) creating more competition for software makers, keeping them on edge ahead of quarterly reports from Alphabet and Amazon later this week.
U.S. stock markets finished mixed on Wednesday (28 January) as investors reacted calmly after the Federal Reserve left interest rates unchanged, a decision that had been widely expected and largely priced in.
The S&P 500 edged to a record closing high on Tuesday, marking its fifth consecutive day of gains, as strong advances in technology stocks offset a sharp selloff in healthcare shares and a mixed batch of corporate earnings.
Chevron is in talks with Iraq’s oil ministry over potential changes to the commercial framework governing the West Qurna 2 oilfield, one of the world’s largest producing assets, after Baghdad nationalised the field earlier this month following U.S. sanctions imposed on Russia’s Lukoil.
Argentina's economic activity shrunk 0.3% in November compared with the same month last year, marking the first monthly contraction of 2025, data from Argentina's national statistics agency showed on Wednesday.
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