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Tech billionaires and trade moguls shift society's trajectory (for better or worse) via their control of social media, international commerce and virtually all the pieces folks eat. In 2003, Zuckerberg created a prototype social media web site referred to as "FaceMash," the place users ranked the attractiveness of fellow Harvard college students. The superficial and problematic website gained important traction, inspiring Zuckerberg to aim increased. Elon Musk, Jeff Bezos, Mark Zuckerberg and different members of the 0.001% club have a staggering amount of wealth that enables them to afford unprecedented luxury and influence. Zuckerberg has most lately been within the information for donating $626,000 to advertise affordable housing in Kaua'i - the identical island the place he owns approximately 1,300 acres of beachfront property and a $270 million bunker. To strengthen maritime relations India has been aiding island countries corresponding to Maldives, Seychelles and Mauritius by offering aerial and maritime vessels for better surveillance of their territorial waters.

Just this yr, the combined GDP of these five countries surpassed that of the G7 group (which incorporates the United States, Canada, France, Germany, Italy, the United Kingdom, and Japan) in buying energy terms. Although Japan and the United States are each trillions in the hole, their debt situations are totally completely different. This, in turn, resulted in a spike in public debt. An EU member since 1986, Portugal has lagged behind other member nations' GDP efficiency lately and likewise attracted criticism for its mounting public debt. As an illustration, if the Greek financial system collapses, France and Germany may must toss out a life raft within the form of public funding from their own coffers. Unable to avoid wasting itself, Portugal received a $one hundred ten billion bailout package deal from the EU in May 2011. After all, bailout money does not come for free. The aim of the EEC was to reduce commerce obstacles, streamline financial policies, coordinate transportation and agriculture insurance policies, take away measures restricting free competitors, and promote the mobility of labor and capital amongst member nations.

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