GDP Growth-First quarter 2016, OECD-OECD GDP growth stable at 0.4% in the first quarter of 2016
May 20, 2016--Growth of real gross domestic product (GDP) in the OECD area was unchanged, at 0.4%, in the first quarter of 2016, but with diverging growth patterns across major economies, according to provisional estimates.
In the United Kingdom and the United States, growth decelerated to 0.4% and 0.1%, respectively in the first quarter, compared with 0.6% and 0.3% in the previous quarter.
Growth remained volatile in Japan with GDP rebounding strongly (up 0.4%) following the contraction of 0.4% in the previous quarter.
In Germany and France, growth accelerated to 0.7% and 0.5%, respectively in the first quarter, compared with 0.3% in both countries in the previous quarter. Growth also picked up marginally in Italy, to 0.3% compared with 0.2% in the previous quarter.
In the European Union and the euro area GDP growth also picked up, to 0.5%, compared with 0.4% and 0.3%, respectively in the previous quarter.
Source: OECD
Digital Technologies Have Spread Rapidly, But Digital Dividends Have Lagged Behind, says New World Bank Report
May 16, 2016--With around 130 million mobile phone subscribers, the digital technologies are spreading rapidly in Bangladesh.
Yet, Bangladesh has the fifth largest number of people who are not connected to the internet. Bangladesh can accelerate growth, create more jobs and deliver better public services by enhancing access to digital technologies, said a new World Bank report.
view the World Bank report-Digital Dividends
Source: World Bank
Tracking-product providers out to hook each other's clients
May 19, 2016--The market used to be split into two species-now ETFs and futures are being used as bait for both.
Source: Financial News
Infographic-Investor Confidence in Cloud Storage is Sky High
May 19, 2016--Money continued to flow to the cloud storage sector, where a total of 1,800 transactions were made in 2015 for a total value of more than $100 billion.
Source: visualcapitalist.com
Infographic-The Shift to a Cashless Society is Snowballing
May 17, 2016--Love it or hate it, cash is playing an increasingly less important role in society.
In some ways this is great news for consumers. The rise of mobile and electronic payments means faster, convenient, and more efficient purchases in most instances.
Source: visualcapitalist.com
World Bank-Unprepared for a Risky Future
May 16, 2016--Billions of people and trillions of assets at risk
May 16, 2016--A new report is warning that the world is ill-prepared for an increasing rise in disasters, spurred by climate change, rising populations and increasing vulnerability of people in large cities and unregulated housing.
The report, The Making of a Riskier Future: How Our Decisions are Shaping the Future of Disaster Risk calls for a radical new approach to assessing risk, which takes into account extremely rapid changes in global disaster risk. Annual total damages from disasters have been increasing for decades and models show that population growth and rapid urbanization could put 1.3 billion people and $158 trillion in assets at risk from river and coastal floods by 2050.
Source: World Bank
World Bank-Staying a Step Ahead of a Natural Disaster: Can Innovation and Technology Help?
May 16, 2016--STORY HIGHLIGHTS
Impacts from natural disasters are on the rise, posing a growing threat to economies and the lives of millions of people around the world.
Smart investments in preparedness and resilience can keep natural hazards from becoming human catastrophes, but accurate and reliable disaster risk information is needed to make them possible.
The 2016 Understanding Risk Forum in Venice, hosted by GFDRR, will share the latest innovations in the field of disaster risk identification, including two new flagship products, the open-source online tool ThinkHazard! and the report The Making of a Riskier Future.
Source: World Bank
WGC-Thinking of investing in gold?
May 16, 2016--World gold council- Thinking of investing in gold? infographic.
Source: WGC (World Gold Council)
Increasing Economic Inequality Not Inevitable
May 13, 2016--Since the 1980s, the world has been moving once again to the greatest level of national level income inequalities observed in recorded human history. A study by the Credit Suisse Research Institute suggested that the income share of the rich has increased at the expense of the 'middle class' in most of the world.
Although economic inequality within societies has been with us for a very long time, inequalities among regions are more recent. According to the late economic historian Angus Maddison, such inequalities increased from about half a millennium ago, before accelerating greatly about two centuries ago with the Industrial Revolution.
view the Income Inequalities in Perspective/ESS Document No. 46
Source: www.ipsnews.net
BlackRock Projects Smart Beta ETF Assets Will Reach $1 Trillion Globally by 2020, and $2.4 Trillion by 2025
May 12, 2016--19% annual organic growth driven by minimum volatility, single and multifactor funds
World's largest smart beta ETF provider launches nine new multifactor sector ETFs
Record demand for smart beta products 'democratizing' factor investing and driving innovation
Source: BlackRock
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