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.
Chechen leader Ramzan Kadyrov is suffering kidney failure and is undergoing dialysis, Ukrainian intelligence sources say....
More than 1,000 apartment buildings in Kyiv remain without heating after Russian missile attacks crippled the city’s energy system during a sharp co...
Deaths linked to nationwide protests in Iran have risen to more than 500, according to a U.S.-based rights group, as Tehran warned it would retaliate ...
The United Kingdom has launched Project Nightfall, a fast-track programme to develop new long-range ballistic missiles for Ukraine, aiming to help Kyi...
Ukraine’s Special Operations Forces (SOF) carried out a strike on Russian Lukoil drilling platforms in the Caspian Sea during the night of 10–11 J...
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.
U.S. President Donald Trump has ruled out ordering a mission to capture Russian President Vladimir Putin, saying he is confident the war in Ukraine can be brought to an end.
Bob Weir, the rhythm guitarist, songwriter and co-founder of the Grateful Dead, has died at the age of 78, his family has said.
Türkiye is reportedly in discussions to join the defence alliance between Saudi Arabia and Pakistan, a strategic move that could reshape security dynamics in the Middle East and South Asia.
China, Russia and Iran have begun a week-long joint naval exercise in South African waters, a move that comes amid strained relations between Washington and several members of the expanded BRICS bloc.
Despite facing challenges in chip manufacturing, Chinese artificial intelligence (AI) researchers are optimistic about narrowing the technological gap with the United States, driven by an increasing culture of risk-taking and innovation.
U.S. oil major Chevron and private equity firm Quantum Capital Group are reportedly preparing a joint bid to acquire Lukoil’s international assets, as the sanctioned Russian energy company seeks to divest its overseas operations.
The U.S. dollar's share of global reserves fell to nearly 40% at the end of 2025, according to the International Monetary Fund (IMF), which says it's 10% lower than at the start of 2024. However, gold has risen and overtaken the dollar to be above 50% in global reserves according to the IMF data.
The U.S. dollar has strengthened against major peers on Tuesday, while the euro fell following slower-than-expected inflation in Europe. Market movements were relatively subdued as investors focused on upcoming U.S. economic data.
Wall Street closed higher on Tuesday, boosted by optimism over artificial intelligence (AI) and a strong rally in Moderna shares, with the Dow Jones Industrial Average approaching a record high.
India’s largest oil refiner, Indian Oil Corporation (IOC), has taken a significant step towards diversifying its crude oil supply by purchasing Colombian crude, from state oil company Ecopetrol, for the first time.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment