The experts place a premium on the Indian army. It is assumed to become the most powerful one in the world by 2030. The authorities of the Asian state constuntly give serious constant trainings to their military personnel – the country doesn't fell relaxed, as the India-Pakistan conflict can remind of itself at any moment.
The military budget of India amounted to $51 billion in 2016. The overall size of military forces also impresses – 1 408 551. Besides, the state keeps a sizeable stock of military hardware: 15 submarine ships, 1905 air units, 6464 tanks.
Estimating the European states' armies separately, the experts came to the conclusion, that the military force of France can become the most powerful one by 2030. Today the military-industrial complex of the country remains the strongest in the world, working for the state's needs and export. The French army is well-equipped – only modern equipment is held by soldiers.
The military budget of the European country amounted to $62.3 billion in 2016.
According to the experts, the Russian Federation, the military budget of which equaled $84.5 billion last year, will be in the top five in 2030. At the moment the state is not stingy for investments in the army's development and MIC supporting.
Today the world community's attention is upon the Russian Federation's military force – the Russian participation in military operations of Syria reminds of itself.
The American army is one more favorite of the experts. The United States of America spends enormous amounts for war needs. So, in 2016 the state's expenses achieved $601 billion – no other country in the world can't afford such spending.
In addition to the high number of troops (1 400 000), the States can boast of the vast experience of warfighting. Only for the last two decades the government has conducted wars in Afghanistan, Iraq and other Middle Eastern countries.
The last favorite in the list is China. The country takes the second place according to the amount of money, being spent on military needs ($216 billion in 2016). PR China possesses the largest army – the overall size of military forces reaches 2 333 000. The Chinese army' significant weakness is the lack of experience in delivering combat. The government has never taken an active part in military conflicts.
Economic inequality remains one of the most pressing issues in today's world. To measure the gap between the rich and the poor in each country, the Gini index is used. This coefficient reflects how income is distributed within a society: the closer the index is to 100, the greater the inequality. Let's explore which countries currently have the highest Gini index values
This year has been pivotal for Bitcoin, the world's leading cryptocurrency. One of the key milestones was the approval of Bitcoin spot ETFs by the US Securities and Exchange Commission. In April 2024, Bitcoin also experienced a halving event, which is typically seen as a positive development for the digital asset. This year, the cryptocurrency is up 57%, and analysts remain optimistic about its future. However, they highlight four key factors that could influence Bitcoin's trajectory, both for better and for worse
Analytical periodical US News and World Report has presented its ranking of the best countries in the world in terms of quality of life, based on a survey of nearly 17,000 people. The list considers factors such as economic and political stability, a strong labor market, income equality, family-friendliness, safety, the quality of education, and healthcare systems. Let's find out which countries made it to the top of this list.
