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Top 3 News of the Week: 10 Countries with Most Expensive Living Cost, Indonesia Ranked 3rd Among Competitive Countries

Translator

Tempo.co

22 April 2024 13:44 WIB

TEMPO.CO, JakartaTempo English compiled the top 3 news on the platform this week, starting from Monday, April 15, 2024, until Sunday, April 21, 2024. Here are the highlights: Top 10 Countries With Most Expensive Living Cost in 2024; Singapore Included; Indonesia Ranked Third Among Asia's 20 Most Competitive Countries; Top 10 Most Powerful Countries on Earth in 2024.

Here are the top 3 news of the week:

1. Top 10 Countries With Most Expensive Living Cost in 2024; Singapore Included

Some individuals hailing from developing countries aspire to pursue their studies, careers, or livelihoods in developed nations due to their superior public services and equality without the exception of gender, ethnicity, religion, or race.

However, many countries across the globe are known for their high living cost. Even nations with breathtaking natural landscapes, such as Switzerland, Norway, and Denmark, find themselves on the list of countries with the highest living costs.

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2. Indonesia Ranked Third Among Asia's 20 Most Competitive Countries

Indonesia has secured the third spot among the top 20 most competitive countries in Asia to attract investors, based on research conducted by the financial and investment site, Insider Monkey 2024.

The institution published the list based on the global competitiveness ranking issued by the Switzerland-based International Institute for Management Development (IMD). 

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3. Top 10 Most Powerful Countries on Earth in 2024

On the global stage, a country's strength is not only measured by its natural wealth or the number of its military troops. There are many factors that influence a country's position in the world power hierarchy, including economics, military strength, political influence, and technological innovation.

Additionally, the world's strongest countries are also major subjects in international news and have a significant impact on global economic patterns. Their foreign policy and military budget are closely watched by the world.

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TEMPO.CO

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