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Meet Time Magazine’s 2022 Person of the Year

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Ukraine President Volodymyr Zelensky and ‘the spirit of Ukraine’ have been named as Time Magazine’s 2022 Person of the Year

Each year, the award goes to an event or person deemed to have had the most influence on global events over the past 12 months.

Zelensky beat out other finalists, which included Chinese President Xi Jinping, the US Supreme Court, Iranian protestors and Twitter and Tesla CEO Elon Musk.

The leader had inspired Ukrainians and was recognised internationally for his courage and resisting the Russian invasion.

Time’s Editor-in-chief Edward Felsenthal revealed how the team get together to come up with the eventual winner.

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Elon Musk is projected to become the world’s first trillionaire

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Elon Musk, the visionary entrepreneur behind Tesla and SpaceX, is projected to achieve an unprecedented financial milestone by becoming the world’s first trillionaire by 2027.

Currently the richest person alive, Musk holds a staggering net worth of $251 billion, with Tesla playing a major role in his fortune.

At this rate, experts predict his wealth could skyrocket, reaching the trillion-dollar milestone in just three years.

Tesla itself is growing at a remarkable pace, with a market value nearing $670 billion. #featured #trending

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Treasury Secretary believes the U.S. are on track for a “safe landing”

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Treasury Secretary Janet Yellen pointed to a “soft landing” for the economy, with unemployment slightly down despite slower job creation.

In a recent interview on Bloomberg, Yellen stated that “For the US, the kinds of metrics that we would monitor that would summarise risks — whether it’s asset valuations or a good degree of leverage — things look good, I don’t see red lights flashing”. #featured #trending

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Trump promises to slap unprecedented tariffs on foreign allies

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Former President Donald Trump has promised to slap unprecedented Tariffs on foreign allies, including the European Union, if he wins the 2024 presidential election.

Trump pledged to reduce the corporate tax rate from 21% to 15% for companies that make their products in the U.S.

While he had already said he wanted to cut the corporate tax rate to 15%, he had not previously tied that lower rate to keeping manufacturing inside the country. #featured #trending

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