Sex: what is it good for? Building economies, inflating nationalist pride and winning wars, it seems. Demography is the hidden hand controlling the large-scale ebbs and flows of modern human history, from the spread of empire and the First World War, to the rise of China and the imminent demise of Japan as an economic superpower. As the University of London demographer Paul Morland argues arithmetically but convincingly in The Human Tide, a society’s rise or downfall is mirrored in its numbers. Babies become, among other things, colonisers, cannon fodder and consumers. Luxembourg might be one of the world’s richest countries, but with just 600,000 citizens on roll, it barely registers on the world stage. The fledgling economies of the Bric countries, with their combined population of more than three billion, command attention through sheer people power. At root, the thesis is a familiar one: demography is destiny, partially at least. “There has … [Read more...] about ConsumerBusinessSpotlightConsumerBusinessSpotlightConsumerBusinessSpotlightConsumerBusinessSpotlightConsumerBusinessSpotlightWhen the human tide ebbs
Inflation rate south africa 2015
For more than a month protesters in Sudan have defied tear gas and bullets to demand the resignation of Omar al-Bashir, the president. The unrest began with demonstrations against soaring food prices; inflation is above 70%. There is turbulence, too, in Zimbabwe, where the central bank’s “bond notes”, a kind of local dollar, are reviving memories of hyperinflation. Protests broke out on January 14th after the government raised fuel prices. The crackdown was lethal and swift. Such crises grab headlines. But they obscure a big shift. In Africa, as in advanced economies, inflation has fallen over the long term. In the 1980s, a fifth of countries south of the Sahara endured average annual inflation of at least 20%. This decade, only the two Sudans have (the rate in Zimbabwe is tricky to measure). Runaway prices are now the exception, not the rule. Get our daily newsletter Upgrade your inbox and get our Daily Dispatch and Editor's Picks. African countries took … [Read more...] about Monetary policy in Africa has become more orthodox
The global economy has several high-risk factors in 2019, which may lead to disasters that would also affect Romania. An analysis by XTB, one of Europe’s largest brokerage companies, identified the risks the world is facing and how they can affect our country. Hard Brexit The decline in trade in the UK, generated by a possible hard Brexit, would severely affect Norway, Poland, Germany, France, the Netherlands and Ireland. Even if the European Union announced that Britain could have a new Brexit agreement, after the British Parliament rejected the one negotiated by Theresa May, things could be getting worse. The absence of such an agreement would cause a disorderly Brexit, a return to customs controls, and the UK would remain without trade agreements with countries outside the Union. Although the scenario is negative for the business environment, the Central Bank of England’s estimates are even more alarming: GDP will shrink by 8 percent, the unemployment rate will double … [Read more...] about Analysis: Seven high-risk factors in the global economy and how they could affect Romania
Twelve months ago the global economic outlook was encouraging, strong even: 2017 had seen the best year of international GDP growth since the aftermath of the financial crisis and 2018 seemed to offer even better. “The global cyclical upswing that began midway through 2016 continues to gather strength,” reported the head of economics at the International Monetary Fund, Maury Obstfeld. Stock markets were booming. Business confidence was high. Consumer sentiment was robust. It looked like the world was finally shaking off the painful memory of the global financial crisis a decade ago. Now things are looking far less rosy. True, on the surface not much has changed. The International Monetary Fund expects global growth in 2019 to come in at 3.7 per cent, the same as expected for 2018 and 2017. Yet this is a downgrade from the 3.9 per cent the fund was expecting eight month ago – and the consensus among private sector economists is that it will be only 3.6 per … [Read more...] about What will happen to the global economy in the next 12 months?
Top story: Tale of two presidents This is Alison Rourke bringing you the top news stories on this Monday morning. Donald Trump and Barack Obama have headlined rallies with diametrically opposed calls to American voters. In a sign of just how febrile the midterm campaign has become, Trump set out his fear of an America overrun with criminals and socialists if Republicans fared badly in Tuesday’s vote. He unleashed on the Democrat candidate Stacey Abrams from Georgia, who is vying to become the country’s first female black governor: “Stacey Abrams wants to turn your wonderful state into a giant sanctuary city for criminal aliens, putting innocent Georgia families at the mercy of hardened criminals and predators,” Trump said. In Indiana, Obama laid out a picture of politics led by a man who had no qualms about lying or about playing to people’s fears. “What kind of politics do we want,” he asked. “What we have not seen at least in my memory … [Read more...] about Monday briefing: ‘What kind of politics do we want?’