North America

January 21, 2025 3:49 PM

India projected to account for 16% of global consumption by 2050: report

India is projected to account for 16% of global consumption by 2050, up from 9% in 2023, according to a report by McKinsey Global Institute titled "Dependency and Depopulation: Confronting the Consequences of New Demographic Reality." By 2050, only North America, with a projected 17% share, will surpass India’s global consumption share. These estimates are based on purchasing power parity, which adjusts for price differences across countries. India’s rise in global consumption share is pri...

Millions across North America await total solar eclipse

A total solar eclipse will have millions of people across a heavily populated swath of North America gazing toward the heavens on Monday as the moon completely blocks the sun for more than four minutes in some locales. The eclipse will be viewable, weather permitting, along a path starting in Mexico and then crossing through the United States and into Canada. Eclipse fans are gathering in places along the "path of totality" including the city of Fredericksburg in central Texas, where the total ...