EMOJI SENTIMENT INDEX
By 2026 there will be more than 87.5 million people worth at least $1-million, up from 62.5 million in 2021, says Credit Suisse
Group’s Global Wealth Report
2022, with the number of millionaires globally growing by 40% in the next five years, Bloomberg reports. Private fortunes are forecast to rise 36% to $169-trillion by 2026, with wealth per adult climbing 28% globally and surpassing $100,000 in 2024. The number of high-networth individuals will hit 385,000 – these are people worth more than $50-million. Fortunes will climb 10% annually in emerging economies. Meanwhile, the 500 richest people in the world collectively lost $1.4-trillion in the first half of the year.
South Africa is at 19 on the Global Initiative Against Transnational Organized Crime criminality index, with a higher score than Libya, Brazil and Russia. Colombia is at 2, Mexico 4, Nigeria 5 and Kenya 11. Rising organised crime was an existential threat to SA’s democratic institutions, economy and people, it said. Its study of embedded and interconnected criminal markets showed a rise in extortion, kidnapping, organised robbery, organised violence, corruption, theft of critical infrastructure, illegal mining, taxi industry-related crime, wildlife and fishing crime, cybercrime and economic and financial crime.
There was “a dramatic expansion, diversification and legitimisation of extortion”.
INVEST AGAINST DEATH
One person under 70 dies every two seconds from a noncommunicable disease (NCD), the World Health Organization reports. NCDs now outnumber infectious diseases as the top killers globally. They account for nearly three-quarters, or 41 million, deaths annually, reads the report, Invisible Numbers: the true extent of non-communicable diseases and what to do about them. A full 85% of all premature deaths happen in low- and middle-income countries. It’s a prime opportunity for investment: investing $18-billion a year on prevention across all low- and middle-income countries could generate net economic benefits of
$2.7-trillion by 2030.
BLACKOUTS = BLUE MOODS
Rolling blackouts are more than an annoyance. South Africans’ happiness dropped below the 2022 average of 6.85 to 6.44 on 18 September, when the country plunged into stage six, according to the Gross National Happiness Index. This is almost as low as it was in 2020. It is measured using big data and machine learning, which analyses the sentiment and emotion in underlying tweets. The index was developed in 2019 by wellbeing economists Professor
Talita Greyling from the University of Johannesburg and
Dr Stephanié Rossouw from
Auckland University of Technology in New Zealand. It can measure the mood hourly and analyses eight emotions.DM168