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Cost of Living Worldwide

Cost of Living Worldwide

The OECD defines a cost of living index (COLI) as an index that measures the change in the minimum expenditures that would be incurred by a utility-maximizing consumer, whose preferences or tastes remain unchanged, in order to maintaining a given level of utility (or standard of living or welfare).

The Poorest Countries in the World

There are two standard methods of measuring the wealth of countries and how rich or poor its inhabitants are. The measure most often used is Gross Domestic Product (GDP), which represents the size of a country’s economy. A refinement of ...

Awards & Rankings

Global Finance Names The World’s Best Global Insurers 2015

Global Finance Names The World’s Best Global Insurers 2015

Global Finance today announced the winners of its 2015 World’s Best Global Insurers awards, drawing on responses from more than 1,500 readers around the world, as well as the expertise of the editors and reporters of Global Finance. 

From the Wires

Italy Consumer Confidence Falls Again in December

By Giada Zampano ROME--Italian consumer confidence fell again in December, hitting its lowest level since February as household sentiment dropped and the current economic climate worsened. Italy's consumer confidence index slipped to 99.7 in December, from 100.2 a month earlier, ...

Italy Consumer Confidence Falls Again

ROME--Italian consumer confidence fell again in December, hitting its lowest level since February as household sentiment dropped and the current economic climate worsened. Italy's consumer confidence index slipped to 99.7 in December, from 100.2 a month earlier, the statistics institute ...