Denmark Current Affairs - 2019
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The United Nations Sustainable Development Solutions Network has released the World Happiness Report 2019. The report ranks countries on six key variables that support well-being: income, freedom, trust, healthy life expectancy, social support and generosity.
The United Nations Sustainable Development Solutions Network ranks the world’s 156 countries on “how happy their citizens perceive themselves to be”.
Findings of the Report
- Finland topped the index of for the second year in a row and the report notes that Finland has succeeded in generating recipe that’s not dependent on economic wealth.
- Finland is followed by Denmark, Norway, Iceland and The Netherlands.
- The report notes that there has been an increase in negative emotions, including worry, sadness and anger across the world and the overall world happiness has fallen over the past few years.
- None of the world’s major economic powerhouses made it to the top 10.
- The United Kingdom stood at a rank of 15 (from 18 last year), Germany went down from the 15th spot to the 17th and the United States dropped from the 18th to the 19th.
- Japan, Russia and China finished at 58 (down from 54th), 68 (down from 59th ) and 93rd place (down from 86th) respectively.
- India has witnessed a sustained drop with a 140th place this year compared with the 133rd place in 2018.
- India featured in the list of five countries that had the largest drop since 2005-2008 in the index, along with Yemen, Syria, Botswana and Venezuela.
The World Happiness Report offers the world’s governments and individuals the opportunity to rethink public policies and individual life choices, to raise happiness and well-being.
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The Economist Intelligence Unit has released the report of the Worldwide Cost of Living Survey 2019.
Findings of the Survey
- For the first time in its 30-year history, three cities have been accorded the title of the world’s most expensive city in the Worldwide Cost of Living Survey from The Economist Intelligence Unit.
- Singapore which top’s of the rankings for the sixth consecutive year is joined there by Hong Kong and Paris.
- Zurich in Switzerland stood at the fourth position followed by Japan’s Osaka which shared fifth place with Geneva, also in Switzerland.
- Seoul (South Korea), Copenhagen (Denmark) and New York (US) were jointly placed at the seventh spot.
- Los Angeles (US) along with Israel’s Tel Aviv was named the 10th most expensive city in the world.
- The cost of living in Chinese cities remains relatively stable, while Southeast Asian destinations were moving up the ranks.
- Weaker local currencies have pushed all five Australian and two New Zealand cities surveyed down in the ranking.
- While parts of Asia remain the most expensive places on Earth, Asian Cities also makes several appearances at the bottom of the list.
- World’s cheapest cities include Caracas (Venezuela), Damascus (Syria), Tashkent (Uzbekistan), Almaty (Kazakhstan), Karachi (Pakistan), Lagos (Nigeria), Buenos Aires (Argentina) as well as the three Indian cities of Bengaluru, Chennai and Delhi.
The Survey compares more than 400 individual prices across 160 products and services in cities around the world by keeping New York as the benchmark city.
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