If you’re a frequent international traveler, you probably look forward to the next stamp that will be added to the collection of pages inside. But as you approach airport security, clutching the document in your hand, have you ever wondered just how powerful it is? The answer depends on your passport’s country of origin. A tool called Passport Index aims to help curious travelers rank countries based on how easily their citizens can travel the globe. According to the system, passports accumulate points for each country their holders can visit without a visa. When totaled, the sum equals the passport’s “Visa Free Score.”
Source: Passport Index
Fluctuations in global crude oil prices have always been in the focus of economic and financial news. The higher crude oil prices rise, the more positive is the economic outlook for petroleum exporters. In contrast, those countries dependent on petroleum imports suffer to varying degrees from those same higher prices as import bills increase. Estimates for the price per barrel for crude oil from leading financial and multilateral institutions are thus closely monitored by governments, investors, and consumers alike. Here's a summary of some recent crude oil price forecasts:The World Bank estimated in its January 2016 commodity forecast...
Since India was under British rule rupee was pegged to pounds. From 1927 to 1966, it was 13 rupees = 1 pound. This was maintained until 1966, when the rupee was devalued and pegged to the U.S. dollar at a rate of 7.5 rupees = 1 dollar. This value lasted until the U.S. dollar devalued in 1971. Prime Minister
In this dashboard, we integrate the most recent medium and long-term forecasts of key economic indicators for G20 countries from major international organizations, namely, the World Bank, IMF, United Nations, OECD, European Commission and the Economist Intelligence Unit. The data presented cover projections of real GDP growth, characterizing each country's output of final goods and services; consumer price inflation, as a measure of price level movements; unemployment rate, or percent of those willing and able to work but cannot find it; current account balance, providing an idea of a country's position in the international exchange;...
The oil price has fallen by more than 30% since Summer 2014. This affected everyone from producers to consumers. The visualization represents Oil Price Dynamics, Breakeven Oil Price which shows oil prices needed to meet general government expenditure and Marginal Cost of Oil Production which shows the change in total cost of producing one additional barrel of oil.World oil price at $55-$60 / barrel exceeds the cost of Russian Arctic oil production, Europe and Brazil biofuels production, shale and tight oil production in US and Canada and offshore oil extraction in Brazil.State budgets of oil-producing countries will suffer from oil price...