Global Wellbeing

Daily chart Two share the top spot but prices are up almost everywhere Nov 30th 2022 read more of The Economist’s data journalism visit our Graphic Detail page Everybody is feeling the pinch. Prices in big cities around the world have risen by an average of 8.1% in local-currency terms over the past year, according to the latest Worldwide Cost of Living Survey from eiu, our sister company. Vladimir Putin’s war is one cause. Energy prices have rocketed by 29% on average in western Europe and 11% globally since last year, exacerbated by Russia’s invasion of Ukraine in February. The cost of food is up, too. Both countries are important producers of cereals, oilseed and fertiliser, and global food prices are now increasing at their fastest rate this century. The impact of China’s covid-19 restrictions on global supply chains is another factor, although frustration among the population is growing. Overall the survey, which compares the prices of more than 200 products and services in o...

Wafic Rida Saïd  is Chairman of Said Holdings Limited, an investment holding company incorporated in Bermuda, with investments in Europe, North America and the Far East. Mr Said gave £25million to Oxford University in 1996 to found the Said Business School, and now travels the world in his own Boeing 737, making business 'deals behind the scenes’.. The Said family are based in Monaco for tax reasons, but also divide their time between homes in Paris, Marbella, Saudi Arabia and London’s Eaton Square, as well as a £50 million Oxfordshire estate. View Larger Map Tusmore House Not as old as you might think - Tusmore House was built in 2004 in the Georgian style. It cost £30 million to build and is built on the site of the original Tusmore House, built in 1770 and demolished in 1961. This is one of several homes around the world owned by Wafic Said, a billionaire Arab businessman.