* short presentation about Germany :
- location
- the land
- climate
- population
- capital city
- The meaning of the color of the flag
- president
- economy
- national recourses
- Languages
- Music
- Sports
- food
- traditions
- UNESCO
- Famous sights
- Sources
* short presentation about Germany :
- location
- the land
- climate
- population
- capital city
- The meaning of the color of the flag
- president
- economy
- national recourses
- Languages
- Music
- Sports
- food
- traditions
- UNESCO
- Famous sights
- Sources
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
how can I sell my pi coins for cash in a pi APPDOT TECH
You can't sell your pi coins in the pi network app. because it is not listed yet on any exchange.
The only way you can sell is by trading your pi coins with an investor (a person looking forward to hold massive amounts of pi coins before mainnet launch) .
You don't need to meet the investor directly all the trades are done with a pi vendor/merchant (a person that buys the pi coins from miners and resell it to investors)
I Will leave The telegram contact of my personal pi vendor, if you are finding a legitimate one.
@Pi_vendor_247
#pi network
#pi coins
#money
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
Resume
• Real GDP growth slowed down due to problems with access to electricity caused by the destruction of manoeuvrable electricity generation by Russian drones and missiles.
• Exports and imports continued growing due to better logistics through the Ukrainian sea corridor and road. Polish farmers and drivers stopped blocking borders at the end of April.
• In April, both the Tax and Customs Services over-executed the revenue plan. Moreover, the NBU transferred twice the planned profit to the budget.
• The European side approved the Ukraine Plan, which the government adopted to determine indicators for the Ukraine Facility. That approval will allow Ukraine to receive a EUR 1.9 bn loan from the EU in May. At the same time, the EU provided Ukraine with a EUR 1.5 bn loan in April, as the government fulfilled five indicators under the Ukraine Plan.
• The USA has finally approved an aid package for Ukraine, which includes USD 7.8 bn of budget support; however, the conditions and timing of the assistance are still unknown.
• As in March, annual consumer inflation amounted to 3.2% yoy in April.
• At the April monetary policy meeting, the NBU again reduced the key policy rate from 14.5% to 13.5% per annum.
• Over the past four weeks, the hryvnia exchange rate has stabilized in the UAH 39-40 per USD range.
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
2. • CONTINENT : EUROPE
• CAPITAL : BERLIN
• REGION : WESTERN EUROPE
• COORDINATES : 51.00*N, 10.00*E
• AREA : RANKED 62nd
• TOTAL : 357,022𝐾𝑀2
• LAND : 97.66%
• WATER : 2.34%
• COASTLINE : 2,389KM
• LONGEST RIVER :
RHINE(1230KM)
• LARGEST LAKE : LAKE
CONSTANCE (536𝐾𝑀2)
• STATES : 16 FEDERAL STATES
• POPULATION : 82.5MILLION
GERMANY GEOGRAPHY
4. THE CLIMATE :
• Cold winters and cool summers. In the centre temperatures are more
extreme but prolonged periods of frost or snow are not common. Rain
falls through the year.
• Extremes commonly reach −100
C in winter and 350
C in the summer
months.
ATTRACTIONS :
• Neuschwanstein castle is a 19th century
• Bavarian castle on a rugged hill. The palace was commissioned by
Ludwig II of Bavaria known as the “ insane king”. It is one of the
countries most popular tourist destinations.
• In Germany there are 600 fine arts museums:
• Wolfsburgart museum, new weimar museum,folkwang
museum,ludwig museum,bode museum etc.
5. GERMAN FOOD :
GASTRONOMY(FOOD) :
• Germany people love cheese and beer.
GASTRONOMY(WINE) :
• The German wines grow up in 13 zones.
• There are more than 140 varieties. They
are exported to USA, UK, JAPAN, NORWAY,SWEDEN,…..
GASTRONOMY(MEAL TIMES)
• In Germany the meal times are earlier than in spain. They have lunch
between 12:00 and 14:30 and at night, they usually have dinner at
20:00.
6. Popular traditions :
• POLKA is a very traditional dancing from Austria but its very popular in
the zone of Bavaria. It’s a fast dance which is danced by couples or groups.
• There is an important rock festival called “ROCK AM RING” at
NURBURGING. It is also the track for a formula one grand prix.
• OKTOBERFEST is a festival held each year in Munich, in October. It is the
worlds largest fair. People drink beer and eat German specialities.
RELIGION :
• Christianity is the largest religion in Germany 73%.
Then Islam 4% followed by Buddhism and Judaism.
• Protestants are 39%
• Catholics are 31%
• Orthodox are 47%
• Nonreligious 25%
7. CLICHES OR STEREOTYPES
• They don’t like smiling a lot
• They are very neat and they like recycling
• They are very hard working and very skilful people
8. GERMAN HISTORY
• 1814 : The Congress of Vienna established the German
Confederation of 39 independent German states.
• 1864 : War; Prussia and Austria vs. Denmark.
• 1914 : Archduke Franz Ferdinand of Austria-Hungary and his wife
were assassinated in Sarajevo, Bosnia-Herzegovina provoking
WWI.
• 1918 : Armistice ending World War.
• 1918 : The Treaty of Versailles ended World War I and the
Rhineland was placed under Allied occupation for 15 years
• 1918 : Germany was declared a republic.
• 1933 : Adolf Hitler appointed chancellor by President Paul von
Hindenburg.
• 1933 : The Third Reich
9. • 1938 : Annexation of Austria.
• 1938 : Sudetenland (largely German-speaking) portion of
Czechoslovakia occupied.
• 1939 : Germany occupies Czechoslovakia.
• 1939 : Invasion of Poland and the beginning of World War II in
Europe (two days later).
• 1945 : Germany surrenders.
• 1955 : West Germany obtains independence.
• 1961 : The Berlin Wall was built.
• 1972 : Munich, West Germany (now Germany) hosts Summer
Olympic Games.
• 1989 : The Berlin Wall was demolished and Communist East
Germans were able to travel to the West.
• 1990 : East and West Germany
10. • World War II destroyed 20% of housing
(Scorched earth policy)
• Food production per capita in 1947 was 51% of its level in
1938
(Food rations set by occupying powers
varied between 1,040 and 1,550 calories per day)
• Industrial output in 1947 was 33% of 1938 level
How would West Germany recover?
Elimination of price controls
• Price controls are an attempt to regulate inflation
Reduction of marginal tax rates
• The amount of tax paid for earnings above a certain level
• For the median-income German in 1950, with an annual
income of a little less than DM2,400, the marginal tax rate was
18%. That same person, had he earned thereichsmark
equivalent in 1948, would have been in an 85% tax bracket.
POST WORLD WAR II ECONOMICS
Winston Churchill and Adolf Hitler
Five Reichsmark note
Five Deutschmark note
11. Marshall Plan :
• Aid programs only totalled $2 billion through 1954
• When aid was at its peak in 1948 and 1949, aid was less than
5% of German national income
• Other countries that received more aid exhibited lower growth than Germany
SOLIDARITY IN OBERHAUSEN
• $11,000 debt per capita, Higher than anywhere else in Germany
• Borrows $500,000 a day to stay afloat
• Taxpayers in western Germany have paid more than 1 trillion euros since
reunification
• Solidarity Payments continue into 2019
• Oberhausen’s current debt $350 million
• Oberhausen is now receiving loan offers from some cities in eastern Germany
12. Eurozone Economics
• 27 European Union member states
• 17 EU countries that use the Euro are called the “Eurozone”
• The concept of the EU and the Eurozone is to promote political
solidarity among member states
• However, integrating the economies of sovereign nations vis-à-vis
a single currency can be considered tantamount to the Articles of Confederation
• The Eurozone is especially vulnerable to economic default of any given member
state
13. ABOUT GERMAN CULTURE
• German living and working is defined by structure (laws, rules,
procedures)
• For decision-making and problem-solving Germans focus on
objective facts
• Interpersonal relationships do not play an important role in business
dealings. Instead focus on achieving your tasks
• Focus on direct communication style
• Germans are individualistic
• The business culture has a well-defined hierarchy which includes
clear responsibilities and distinctions between roles
• Status and academic titles are quite important to Germans – address
people by their full and correct titles
• In formal business meetings, the highest-ranking person usually
enters the room first
14. • A separation between private life and work is quite common in
Germany
• First names are used in more private situations. Use the formal
version of „Sie“ unless you are invited to the informal „Du“
• Germans dress quite conservative in business (dark suits, blouses, ties
etc.)
• Punctuality is essential (in business and social situations)
• Appointments are made for almost every situation
• Germans plan ahead (book meetings some weeks in advance)
• In business situations, hands are shaken at the beginning and at the
end
• Germans keep a larger personal space around them
• Decisions are made slowly and methodically
15. DEMOGRAPHICS OF GERMANY
• Population : 82,887,000
• Growth rate : 0.4
• Birth rate : 8.6 births/ 1000
• Death rate : 11.8 deaths / 1000
• Life expectancy : 80.9 years
• male : 78.6 years
• female : 83.4 years
• Fertility rate : 1.59 children born / woman
• Infant morality rate : 3.46 deaths / 1000 live births
• Net migration rate : 1.5 migrants / 1000 population
16. • COAL
• TIMBER
• NATURAL GAS
• LIGNITE
• URANIUM
• IRON ORE
• ARABLE LAND
• CONSTRUCTION MATERIALS
• POTASH
• NICKEL, SALT AND COPPER
NATURAL RESOURCES
17. GERMANY USUALLY IMPORTS IN THESE COMMODITIES
• Machinery
• Data processing equipment
• Agricultural products
• Foodstuffs
• Metals
• Vehicles
• Chemicals
• Oil and gas
• Electric equipment
• Pharmaceuticals
20. • United states : $125.9 billion(8.7%
of total German exports)
• France : $118.6 billion(8.2%)
• China : $97.6billion (6.8%)
• United kingdom: $94.7 billion(6.6%)
• Netherlands : $91.4billion (6.3%)
• Italy : $73.9billion (5.1%)
• Austria : $70.3billion (4.9%)
• Poland : $67.3billion (4.7%)
• Switzerland : $61.4billion(4.3%)
• Belgium : $49.8billion (3.4%)
• Spain : $48.6billion(3.4%)
• Czech republic: $46.7billion(3.2%)
• Sweden : $30.1billion (2.1%)
• Russia : $29.2billion (2.0%)
• Hungary : $28.1billion (1.9%)
GERMANY TOP TRADING PARTNERS
21.
22. INTERESTING FACTS ABOUT GERMANY
• Germany was the first country in the world to adopt daylight saving time
• Prison escape is not punishable by law in Germany
• Its illegal to run out of fuel in the German Autobahn
• Germany has legal say on what babies can be named
• Fanta originated in Germany as a result of the world war-II
• College education is free in Germany even for internationals
• Over 800 million currywurst are eaten in Germany each year
• Germany was once a cluster of small kingdoms, duchies and principalities
• German remains the language with the most native speakers in Europe
• Germanys capital centre has shifted seven times
• Germany is sometimes known as “the land of poets and thinkers
• Germany is ranked 24 among 190 economies in ease of doing business.
• Germany ranked 25 among 180 countries in economic freedom(74.2)
23. • Germany is the second most popular expat destination in the world
• Germany is rated highly as a place to grow old (83 for women & 78 for men)
• Germanys education system produces top performance
• Germany has high levels of employment
• Germany is the EU’s largest economy
• German SME’s account for around 52% of Germanys entire economic output
• Germany is one of the worlds largest car producers
• Germany is one of the worlds leading book nations
• Germany is Europe's second largest beer consumer
• Smoking is banned in public places but drinking is still legal
• Germany is a leader in climate and energy policies
• Angela Merkel, chancellor of Germany since 2005, was ranked as the worlds
2nd most powerful person
• Munichs oktoberfest is the worlds biggest folk festival
24. MERCANTILISM THEORY
• Mercantilism suggests, among other things, that Germany is the world’s
strongest economy, because it has the largest current-account surplus.
• In 2016, Germany ran a current-account surplus of roughly €270bn
(£228bn), or 8.6% of GDP, making it an obvious target of Trump’s ire. And
its bilateral trade surplus of £51bn with the US presumably makes it an
even more irresistible target. Never mind that, as a member of the
Eurozone, Germany has no exchange rate to manipulate. Forget that
Germany is relatively open to US exports, or that its policymakers are
subject to the EU’s anti-subsidy regulations. Ignore the fact that bilateral
balances are irrelevant for welfare when countries run surpluses with some
trade partners and deficits with others.
• Back in the real world, the explanation for Germany’s external surplus is
not that it manipulates its currency or discriminates against imports, but
that it saves more than it invests. The correspondence of savings minus
investment with exports minus imports is not an economic theory; it’s an
accounting identity. Germans collectively spend less than they produce, and
the difference necessarily shows up as net exports.