The Sports Economy
Garbage: itâ€™s dirty, smelly andÂ pretty disgusting. But someoneâ€™s got to take care of the 250 million tons of it that Americans produce each year, at a cost of billions of dollars to collect, dispose and recycle. And speaking of recycling, we are doing far from an excellent job at it, recycling only 24% of our waste, when we could be recycling more than three times as much. For those and other interesting facts about garbage production, collection and disposal in the United States, see our infographic. You may reconsider throwing that plastic water bottle in the trash â€“ or buying it in the first place.
The G8 accounts for a small portion of the world’s population, but a majority of its power. Through their influence over international financial institutions and their economic and military dominance, the G8 countries shape the world’s economic structures.
IBRD and IDA: Two Institutions That Comprise the World Bank
The IBRD is an international organization whose original mission was to finance the reconstruction of nations devastated by World War II. Now, its mission has expanded to fight poverty by means of financing states. IDA is responsible for providing long-term, interest-free loans to the worlds 80 poorest countries, 39 of which are in Africa.
Total IBRD-IDA Lending by Sector
During the 2008 fiscal year, 6 percent went to agriculture, fishing and forestry,
8 percent went to education and 17 percent went to energy and mining.
Another 6 percent went to finance, 7 percent went to health and other social services, 6 percent went to industry and trade and 1 percent went to information and communication. Another 21 percent went to law and justice and public administration, 9 percent went to transportation and 10 percent went to water, sanitation and flood protection.
The net worth of the richest people in the world is the worth of the total assets that each person owns. The net worth includes the assets minus the liabilities. In general, it is the worth of all the persons assets, whether or not they are liquid. The 50 richest people in the world are:
- William Gates III (Bill Gates), United States, net worth $40 billion from software. One of the founders of Microsoft, Bill Gates has been the richest person in the world for most of the years from 1995 to 2009.
- Warren Buffett, United States, net worth $37 billion from investments. Investor and Berkshire Hathaway CEO, Warren Buffet has pledged much of his wealth to philanthropic pursuits.
- Carlos Slim Helu & Family, Mexico, net worth $35 billion from telecommunications. Helu is one of the major influences over Mexican telecommunications. In 2007, he was briefly considered the richest person in the world.
- Lawrence Ellison United States Net worth $22.5B from software. Oracle CEO Ellison began in very humble circumstances and built up Oracle form a small business in 1977 to an enormous computer corporation.
- Ingvar Kamprad & Family Sweden Net worth $22B from furniture retail. The founder of IKEA, Kamprad started selling matches as a child and built up his retail business into the multinational corporation that IKEA is today.
- Karl Albrecht, Germany, net worth $21.5B from supermarket retail
- Mukesh Ambani, India, net worth $19.5B from petrochemicals
- Lakshmi Mittal, India, net worth $19.3B from steel
- Theo Albrecht, Germany, net worth $18.8B from supermarket retail ………….