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Global Events and the Economic Policy Uncertainty Index Every day events around the world cause ripple effects that affect global, national, and local levels of economic and political uncertainty. Recent mainstream examples include US sanctions against Venezuela, Brexit, the partial US government shutdown, protests in France, and the US-China trade war. As uncertainty rises, we observe markets responding, whether you're tracking stock prices, commodity prices, or even interest rates. Today we have another more comprehensive measure available to use monitor these effects: the Economic Policy Uncertainty Index. Developed by a group of American finance and business school professors, the Index estimates the level of uncertainty within an economy based on the volume of newspaper articles...
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Brent crude oil prices will average $72.8 per barrel in 2018 and to $73.7 per barrel in 2019, according to the most recent forecast from the US Energy Information Administration's monthly Short-Term Energy Outlook (EIA). This reflects an upward revision of $9.5/barrel to the EIA forecast for 2018 compared to last month's Outlook. The OECD Economic Outlook as of May 2018 was less bullish, pegging the real price of a barrel of Brent oil— i.e. price adjusted for inflation—at $69.4/barrel in...

Crude Oil Price Forecast: 2018, 2019 and Long Term to 2030

Today Starbucks is the largest coffeehouse company in the world, with 27,339 retail locations as of the first quarter of 2018, followed distantly by such coffee shop chains as Dunkin Donuts with about 10,000 restaurants, Tim Hortons with 4,300 outlets, and Costa Coffee with nearly 1,700 stores worldwide. Starbucks was founded in 1971 in Seattle, Washington, and incorporated on November 4, 1985 to become the publicly traded Starbucks Corporation. Based on the company's positive, sustained...

Number of Starbucks Stores Globally, 1992-2018

Global oil prices have fallen by more than 30 percent since the summer of 2014, affecting oil producers and consumers alike. This dashboard presents oil price dynamics and the breakeven oil prices—minimum oil price to cover general government expenditures—over the past decade as well as a snapshot of the marginal cost of oil production by country in 2014. A world oil price in the range of $55 to $60 per barrel is less than the cost of Russian Arctic oil production, European and Brazilian...

Cost of Oil Production by Country

Millenials have overtaken Babyboomers by nearly 4 million to become the largest generation in the United States. With a current population of around 79 million, the Millenial generation is expected to grow to 81 million over the next 20 years because of migration, according to the US Census Bureau's latest estimates. The boundaries that define generations are not universally agreed, and yet these boundaries carry important implications in business and government. The size, financial security,...

US Population by Age and Generation

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...

US GDP Growth Forecast 2018-2022 and up to 2060 | Data and Charts

Over the last three years, car sales in the US market have set new all-time records and included a collection of manufacturers that extends well beyond the American classics. In 2015, vehicle sales in the US reached nearly 17.5 million units, a growth of 5.7 percent from 2014 and 25,000 more vehicles than the record setting sales in 2005. The year 2000 marked a turning point in the US auto industry: it was the last year that General Motors and Ford Motor Company combined made up at least 50...

Top Vehicle Manufacturers in the US Market, 1961-2016

The Big Mac Index invented by The Economist is an informal way of measuring the purchasing power parity (PPP) between two currencies. Calculation of PPPs is based on the assumption that the dollar cost for a Big Mac in a particular country would be the same as in the United States. The indicator is chosen by The Economist magazine, as a measure of PPP, is based on the fact that the ingredients used in the preparation of Big Mac are the same over the globe, and hence variation in dollar cost in...

The Big Mac Index

Since the 1950s, the BP Statistical Review of World Energy has delivered objective and globally consistent data on world energy markets. The publication has become a widely respected and authoritative publication in the field of energy economics, relied on by media outlets, academia, world governments, and energy companies alike. BP publishes a new edition each June and typically conducts a road show to launch the report in the months preceding the official release. The 2016 edition...

BP Statistical Review of World Energy, 2016

По версии журнала Forbes, на сегодняшний день в мире насчитывается 1810 миллиардеров (людей, чье состояние на 12 февраля 2016 года составляет миллиард долларов США или более). Их общее богатство оценивается в 6,5 триллионов долларов - это больше чем ВВП Японии, третьей по величине мировой экономики. Иными словами, 0,00002 процента мирового населения обладают богатством, эквивалентным 9 процентам мирового ВВП, которое, по оценке Международного Валютного Фонда, на конец 2016 года составит 74...

Состояние богатейших людей на планете в сравнении с ВВП стран

Global Firepower (GFP) provides a unique analytical display of data concerning today's world military powers. Over 100 world powers are considering in the ranking which allows for a broad spectrum of comparisons to be achieved concerning relative military strengths. The Global Firepower ranking is based strictly on each nations potential conventional war-making capabilities across land, sea and air. The nuclear capability is not taken into account. The final ranking also incorporates values...

Global Firepower - 2016 | Data and Charts

McDonald's and Subway are two of the world's largest international fast food restaurant chains. Each company possesses a strong brand and is an established name in the casual eating restaurant industry. With 44,805 locations worldwide, Subway beats out McDonald's as the largest global chain. McDonald's currently has 36,525 locations globally. So, what's behind this difference in global positioning? And, are the differences meaningful beyond number of restaurants? The most important general...

McDonald's vs Subway: Which Has the Bigger Restaurant Chain?

Along with its cultural, leisure and recreational functions tourism contributes significantly (both directly and indirectly) to the world's economy and employment. It contributes to GDP even more than the automotive industry in all the regions throughout the globe: three times as much in Americas and two times as much in Europe, according to the World Travel & Tourism Council's 2017 research. In many countries tourism is the key source of jobs for their population. Thus, in Macau, one of...

Tourism

On January 28, 2019, the US announced sanctions against Venezuela's state-owned oil company, PDVSA, a move to restrict socialist President Nicolas Maduro's flow of oil revenues and strengthen the hand of the opposition—led by Juan Guaidó—to trigger elections in Venezuela. The sanctions against PDVSA (and other government-owned companies) are expected to come into force in April. While companies would be permitted to continue commercial transactions, all payments would be held in a "blocked...

Will US Sanctions Move the Political Needle in Venezuela?

There are 1,426 billionaires in the world this year. They are the wealthiest of the wealthy. But only 29 members of this elite list are under 40 years old, with that exciting combination of money and youth. Those 29 have a total of $119 billion between them. Ten come from the technology sector, including four from social networking giant Facebook .

Top 10 Youngest Billionaires 2013

Since India was under British rule, the rupee was pegged to the British pound. From 1927 to 1966, 13 rupees = 1 pound. The peg 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 peg lasted until the U.S. dollar was devalued in 1971.

Rupee Devaluation Against the US Dollar, 1947 - Present

Global motor-vehicles production continues to flactuate: dramatic decrease of growth rate in 2011 changed to slight upturn in 2012, which is yet significantly lower than it was in 2010. Western Europe keep on loosing its share in world automobiles production as car-producers tend to close their European plants becaure of overcapacity in Europe. Meanwhile Asia, preceded by China, gradually expands its gain, as well as North America, where vehicles production almost doubled during last 4 years....

Automotive industry outlook

According to the latest BP Statistical Review of World Energy, total global reserves, by fossil fuel, are now: Coal - 1,139 billion tonnes Natural Gas - 187 trillion cubic meters Crude Oil - 1,707 billion barrels While these volumes may seem large at a glance, at today's level of extraction and production rates, BP's estimated proved reserves*, by fossil fuel, would be exhausted as follows: Coal - year 2169 Natural Gas - year 2068 Crude Oil - year 2066 BP dutifully acknowledges the...

BP: World Reserves of Fossil Fuels

If all goes as planned, March 29, 2019, will go down in history as the day the UK divorced the EU, this despite the UK parliament overwhelmingly rejecting the Brexit deal agreed on November 14, 2018, between Brussels and UK Prime Minister Theresa May. In a drawn out, tightly coordinated exit process, dire consequences in terms of international trade, financial, and even tourism flows can be mitigated. But, what if instead Brexit triggers a domino effect on the global economy because either...

UK Divorcing the EU: Potential Side Effects for the United States

Bitcoin is one of the world's most popular digital currencies, meaning that it is exclusively created and held electronically. But, what do we actually know about digital currencies and the potential of these currencies to replace conventional money? Like conventional money, the major function of a digital currency is to serve as a means of payment, whether that is in exchange for goods or real currency, such as dollars and euros. In addition, similar to how a normal currency's exchange rate...

Bitcoin Price from 2009 to 2018

The United States rank last in child income poverty, has the largest difference in P90/P10, and has the highest percentage of people living below 50% median income.

Income Distribution

People in Honduras, Salvador, Jamaica, Venezuela, and Guatemala have the highest probability to be shot and killed. A comparison between the rate of homicide by firearms and socio-economic indicators shows a correlation between high rates of income inequality and higher rates of homicide by firearms. Countries with GINI coefficients exceeding 0.45 are at higher risk of homicide by firearm.

Crime Statistics: Gun Violence and Income Inequality

According to World Bank Group, more than one fifth of the population of the developing world lives in extreme poverty, that is, lives with incomes below the threshold of $1.9 a day, constituting about 1.2 billion people. Although these disturbing figures, world has achieved impressive results in poverty reduction during the last 3 decades, even surpassing the expectations of the first Millennium Development Goal of reducing extreme poverty twofold: since 1981 the number of extremely poor people...

Poverty

Select the indicator and choose countries from the ranking lists to compare the countries

Global Firepower 2015

HUMAN DEVELOPEMENT INDEX (HDI) - is a composite index which includes health, education, income, livelihood security and other indicators. In other words, HDI is an indicator showig how successfull are achievenemts in three main fields of human development: healthy life, knowledge and decent standard of living. The chief aim of HDI is to provide nations with comprehensive measure of environment they provide for their people in terms of opportunites for personal fulfilment. The higher the HDI the...

Human Developement Index

Which is the world's largest economy, China or the United States? As is usual in the field of economics, “It depends.” It depends on the methods used to estimate the size of an economy and to compare one economy to another. Despite modern discussions on refining the calculation of gross domestic product (GDP), the standard measure of an economy’s size and performance, to be more inclusive of economic factors that have been ignored to date, such as environmental and natural resource depletion,...

The World's Largest Economy: China or the United States?

While mainstream media outlets globally may be focused on the relationship between climate change and extreme weather, crop performance, and infrastructure resilience, economists and business strategists alike are turning toward greener measures and outlooks of economic performance. The 2018 Global Green Economy Index (GGEI) by Dual Citizen LLC is one of several initiatives—others include the Green Growth Knowledge Platform and the UN Partnership for Action on Green Economy—working to provide...

Global Green Economy Index, 2018

The Global Competitiveness Index (GCI) is a global study on the basis of which ranking of countries in terms of economic competitiveness in the world is formed. The World Economic Forum defines competitiveness as the ability of the country and its institutions to ensure stable economic growth, which would be stable in the medium term. GCI is determined by numerous and very diverse factors which were divided into three subindexes: Basic requirements, Efficiency enhancers, Innovation and...

Global Competitiveness

The population of China currently exceeds the population of India by approximately 70 million, according to estimates from the United Nations. The UN's World Population Prospects report puts the population of China at 1.38 billion, compared to 1.31 billion for India. Other sources' estimates of current population range from 1.37 to 1.40 billion for China and from 1.28 to 1.31 billion for India. Just as current population estimates differ, so do forecasts as to when the difference in the...

When will India have more people than China?

According to Walk Free Foundation, there are an estimated 45.8 million people enslaved around the world. The countries with the highest numbers of enslaved people are India, China, Pakistan, Bangladesh, and Uzbekistan. Taken together, these countries account for 58% of enslaved people around the world. Modern slavery takes many forms and is known by many names: slavery, forced labor or human trafficking. Whatever term is used, the significant characteristic of all forms of modern slavery is...

Modern Slavery

Corporate growth strategies typically include some combination of deepening existing market penetration and new product and market development. New market entry through acquisitions, greenfield investment, joint venture or other forms are considered generally to be the most controllable ways to drive business growth. And, many emerging markets, such as Brazil, India, Argentina, with their growing middle-classes are attractive targets for these growth strategies. With the ever-increasing...

The Most Attractive Markets: Understanding China's Market Potential

New York with more then 8 million people (according to 2010 Census) is the largest city in the United States. Besides New York there are 8 US cities which population exceed 1 million persons: Los Angeles (CA), Chicago (IL), Houston (TX), Philadelphia (PA), Phoenix (AZ), San Antonio (TX), San Diego (CA) and Dallas (TX). Over 160 milion people live in 5000 largest cities of the US.

List of United States cities by population: Data, Map and Rank

With its extensive business network, Sweden-based multinational retail-clothing company H&M has become one of the world's leading fashion companies. H&M had a total of 3,924 stores by the end of 2015, expanding its global reach to 61 countries across six continents including e-commerce in 23 of them. Last year the company added 16,000 employees to its roster of designers, pattern makers, buyers and other staff, increasing the total number of H&M employees to 148,000. The first...

H&M Locations Worldwide, 2008-2016

According to the American Time Use Survey, Americans spend an average of 15 minutes daily playing games. That’s more time than Americans spend walking, grocery shopping, or managing their finances. The gaming industry is evolving rapidly. Every producer wants to involve as many users as possible and offers realistic graphics, new opportunities, and tasks to take advantage of the explosive growth in gaming interfaces made possible by the Internet and smartphones. Producers are also increasing...

Top 100 Countries by Game Revenues

Constantly increasing globalization and integration of the world, often emphasized in the modern times, is carried out mostly through merchandise trade. Nowadays, wide variety of goods are involved in merchandise trade, but traditional ones, such as fuels, mining products, machinery and transport still remain most tradable. International trade of services, including transport, tourism and financial services, is also gaining momentum headed by the US as the world leader in exports and imports of...

Foreign Trade

Food security is a situation in which all people of a country at any moment of time have physical and economic access to the amount of health and nutritious food enough to keep a healthy and active lifestyle. So, it is an ideal condition to which every country should continuously tend and this tendency should be the chief aim of national agricultural and economic policy. Since the policy should be based on something, measuring and collecting data on food security is the first step towards...

Food Security

During the second quarter of 2016, Apple sold 51.2 million iPhones worldwide. This is a decrease of 16.3 percent, or about 10 million units, compared to the same quarter in 2015. While all other major Apple products - iPhone, iPad, and iMac - likewise experienced negative year-on-year sales growth during the second quarter, the iPhone is uniquely critical to revenue growth for Apple, accounting for 78 percent of sales volume and 65 percent of sales value for the company. The bad news did not...

Apple iPhone Sales Worldwide

DHL released the third edition of its Global Connectedness Index (GCI), a detailed analysis of the state of globalization around the world. The latest report, authored by internationally acclaimed globalization expert Professor Pankaj Ghemawat together with Steven A. Altman, shows that global connectedness, measured by cross-border flows of trade, capital, information and people, has recovered most of its losses incurred during the financial crisis. Especially the depth of international...

Global Connectedness Index

Until the liberalisation of 1991, India was largely and intentionally isolated from the world markets, to protect its economy and to achieve self-reliance. Foreign trade was subject to import tariffs, export taxes and quantitative restrictions, while foreign direct investment (FDI) was restricted by upper-limit equity participation, restrictions on technology transfer, export obligations and government approvals; these approvals were needed for nearly 60% of new FDI in the industrial sector....

India Foreign Trade Analysis

(October 2016) - Renewable energy resources have increasingly become mainstream energy soures worldwide, catapulted by new capacity in developing countries. Depending on the source, renewable energy has or is poised to surpass coal to become the world's largest source of electrical power capacity. The International Energy Agency (IEA) in its most recent medium-term renewable market report said that this transition occurred during 2015, while according to the latest energy outlook by the US...

Renewable Energy

Ecuador has the world's highest share of nascent entrepreneurs per capita at about 30 percent of the population. This measure is known as total early-stage entrepreneurial activity (TEA). But, does this mean that Ecuador is more entrepreneurial than the United States, which has a TEA of only 14 percent? The answer depends on how we define “entrepreneur”. One key global economic growth driver is the ability of an entrepreneur to bring a concept to market, adding to national income, providing...

Global Entrepreneurship Index 2018

In order for the countries to perform sustainable development over times in all spheres of people's lives without imbalances adequate long-term strategic plans for the future are necessary to be elaborated. Development strategies will be of true benefit only in case if they are based on robust and reliable statistical tools, allowing to conduct comparative analysis of country's performance in all key fields of human being and over time. As of today, it is known lots of such tools most of which...

World Rankings

The concentration index of exports estimates a country’s reliance on a limited group of commodities as its primary source of foreign exchange income. Ranging from 0 (perfect diversification) to 1 (concentrated on a single product)*, a comparison of index scores to the contribution of natural resources to GDP worldwide shows that countries that are resource-rich tend to have less diversified export bases. Last year Iraq’s export concentration index reached 0.97, driven by its export...

Export Concentration Index: A Measure of Economic Vulnerability

The number of new jobless claims reported weekly to the U.S. Department of Labor is considered a leading forward indicator for jobs growth in the US labor market and is thereby linked to expectations for economic growth and potential moves by the US Federal Reserve to increase interest rates. According to the most recent data: For the week ended 8 April, the number of initial jobless claims - e.g. new jobless claims - decreased by 1,000 to 232,000, nearing the 227,000 reported in March....

US Weekly Jobless Claims

One could argue that in a world subject to the inevitability of business cycles, the United States is overdue for a recession. During the 60 year period from 1950 to 2010, the US economy experienced 10 recessions, averaging one recession every six years. In contrast, the longest period of uninterrupted economic growth was just shy of 10 years. The US is now in the midst of nine years of economic growth with the last "Great Recession" a fading memory for some. Will 2019 bring recession to the...

United States: Moving Toward Economic Recession in 2019?

Since 2003 until now Academic Ranking of World Universities (ARWU) conciders about 1000 universities all over the world in ordet to build ranking of 500 ones with the highest performance in academic and research fields. Its methodology implies assessing institutions by 6 indicators including alumni (Score on Alumni) and staff (Score on Award) winning Nobel Prizes and Fields Medals, highly cited researchers (Score on HiCi), papers published in Nature and Science (Score on N&S), papers...

Academic Ranking of World Universities

Electric cars constitute less than 0.1 percent of the vehicle market today, but market and regulatory forces all but ensure electric vehicles will be the future of the auto industry. According to the 2016 Global Electric Vehicle Outlook from the International Energy Agency, the global electric car stock has grown rapidly since 2010, from about 2,000 cars in 2005 to nearly 1.3 million in 2015. The boom in the electric car industry is usually attributed to three factors: The increasing recovery...

The Global Electric Car Market

Precipitated by the steep decline in global oil prices, the non-OPEC* active rig count fell in June to a new multi-year low at roughly 1,600 rigs, a 46 percent decrease since the end of 2014. The severity of the decline in drilling activity varies among countries and producing regions. While the United States and other developed countries have decreased dramatically the number of active rigs throughout the first half of 2015, the total number of active rigs among OPEC members has remained...

Worldwide Oil and Gas Rig Count

What started on November 17 as a revolt against rising fuel taxes in France has now lasted six consecutive weekends and evolved into a full-blown rejection of the socioeconomic policies of French President Emmanuel Macron. Protestors targeting of stagnant wages, rising prices and taxes, high unemployment in rural areas, pension security, government spending on bureaucrats, university entry requirements, and other issues has yielded some concessions—such as a minimum wage increase—yet protestors...

Protests in France: Clashing Social and Ecological Demands

Deterioration in the real interest rate of an economy can lead to an economic downturn. In essence, if inflation rates exceed the interest rates on lending, the profitability of commercial banks is eroded and lending to businesses and individuals dries up. As a result, the production and consumption of goods and services by these would-be borrowers falters. Most economies at some point experience negative real interest rates. During the 2014-2015 period, Argentina, Japan, Mexico, Ukraine, the...

Negative Interest Rates Around the World

In 1798, British economist Thomas Malthus created a theory - published in Essay on the Principle of Population - in accordance to which uncontrolled world population growth will inevitably lead to hunger. Malthus' primary assumption was that population grows geometrically while food production grows arithmetically. The most adequate solutions to the inevitable hunger, according to Malthus, include wars, natural disasters, and diseases. As we can see from official statistics, Malthus' fear was...

Was Thomas Malthus right?

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