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Washington - While it is widely believed that money can not buy love, a new study has suggested that it can buy you happiness but only up to a ‘sweet spot’ of 36,000 dollars GDP per person. A new analysis led by economists Eugenio Proto in the Centre for Competitive Advantage in the Global Economy at the University of Warwick and Aldo Rustichini, from University of MInnesota found that as expected, for the poorest countries life satisfaction rises as a country’s wealth increases as people are able to meet their basic needs. However, the new surprise finding is that once income reaches a certain level – around 36,000 dollars, adjusted for Purchasing Power Parity (PPP) - life satisfaction levels peaks, after which it appears to dip slightly in the very rich countries. The researchers found suggestive evidence that this happiness dip in the wealthiest countries is because more money creates higher aspirations, leading to disappointment and a drop in life satisfaction if those aspirations are not met. The study was published in journal PLOS ONE.
Analysis: Israels government cant disown...

Analysis: Israels government cant disown West Bank settler violence

Analysis: Israels government cant disown West Bank settler violence ### West Bank Tensions Escalate: Settler Violence Raises Concerns Over Annexation and Displacement **Jerusalem, [Date]** – A surge in settler-led violence in the occupied West Bank is drawing sharp criticism from human rights... read more »

Liverpool to sell minority stake to cons...

Liverpool to sell minority stake to consortium including Jeff Bezos

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British cyclist Finlay Tarling dies in T...

British cyclist Finlay Tarling dies in Tour of Portugal crash aged 19

British cyclist Finlay Tarling dies in Tour of Portugal crash aged 19 **Tragic Loss: Young Cyclist Finlay Tarling Dies After Tour of Portugal Incident** A promising young British cyclist, Finlay Tarling, has tragically passed away at the age of 19 following a serious accident during the Tour of... read more »

12-year-old pleads guilty to hacking top websites in exchange of video games from Anonymous
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Luigi Mangione pleads guilty in UnitedHealthcare CEOs killing

Luigi Mangione pleads guilty in UnitedHealthcare CEOs killing **Former Associate Admits Guilt in UnitedHealthcare CEO’s Homicide** A significant development has occurred in the 2024 homicide case involving Brian Thompson, the Chief Executive Officer of UnitedHealthcare. Luigi Mangione, a... read more »

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