Germany's economy has recently slowed down due to factors such as the slowdown in China, Brexit uncertainty negatively impacting German exports, and environmental regulations temporarily setting back the automotive industry. This has led to declining industrial orders and weaker business sentiment surveys. As a result, German GDP declined slightly in the third quarter of 2018 and was flat in the fourth quarter, avoiding an official recession. While growth rebounded in early 2019, the outlook remains uncertain, prompting the EU Commission to downgrade its growth forecasts for Germany and the Eurozone. Policy options to address the slowdown are limited given already low interest rates and political resistance to deficit spending in Germany.
The country’s imbalances are not primarily the result of demographics, lack of competitiveness and loss
of macroeconomic policy autonomy on joining the euro, or cheaper investment goods. Rather, they reflect political choices: the government’s drive to balance the budget; reforms that undermined labour’s bargaining power; a highly unequal distribution of wealth; and too much taxation of consumption and too little of corporate profits, wealth and property.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
TREND OF GERMAN’S NATIONAL BUDGET IN EURO AND DOLLAR AND ITS EFFECT ON GERMANY POLITICAL WEIGHT
http://iilss.net/
http://maynter.com
GERMAN’S MUST WORKING ON MENTAL ELEMENT’S OF POWER (ANALYSIS OF GERMANY GOVERNMENTAL WEIGHT)
A GOOD MODEL FOR INSPIRATION (GERMANY POLITICAL WEIGHT INDEX TREND)
The country’s imbalances are not primarily the result of demographics, lack of competitiveness and loss
of macroeconomic policy autonomy on joining the euro, or cheaper investment goods. Rather, they reflect political choices: the government’s drive to balance the budget; reforms that undermined labour’s bargaining power; a highly unequal distribution of wealth; and too much taxation of consumption and too little of corporate profits, wealth and property.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
TREND OF GERMAN’S NATIONAL BUDGET IN EURO AND DOLLAR AND ITS EFFECT ON GERMANY POLITICAL WEIGHT
http://iilss.net/
http://maynter.com
GERMAN’S MUST WORKING ON MENTAL ELEMENT’S OF POWER (ANALYSIS OF GERMANY GOVERNMENTAL WEIGHT)
A GOOD MODEL FOR INSPIRATION (GERMANY POLITICAL WEIGHT INDEX TREND)
Every month, Atradius brings you an up to the minute snapshot report on a range of export markets and key trade sectors. Our underwriters have a specialist view of the world economy – and the
industries that make that economy tick - that you won’t find in the general press coverage of events.
Even more importantly, our underwriters use their expertise and experience to look to the future. In each edition of Atradius Market Monitor you’ll find our outlook for a number of key market economies.
In this issue…
…we feature the following markets:
The United Kingdom – with a spotlight on the metals and automotive sectors
Mexico – with a spotlight on manufacturing, construction and retail
Germany
Spain
Denmark
Greece
Portugal
South Africa
In the past week European and global politics, strong US growth data, mixed global macro numbers and eurozone, Chinese and Indian central bank policy have eclipsed Trump-mania.
What is perhaps more remarkable is markets’ reasonably benign, “risk-on” reaction, bar the euro’s sell-off in the wake of today’s ECB policy meeting.
One interpretation is that markets have become complacent to the risks presented by President Trump’s constellation of pseudo-policies, surging nationalism in Europe, the UK’s uncertain economic future and continued capital outflows from China.
I have a somewhat different take, namely that markets are rightly discounting some of the more extreme and perverse scenarios, including:
Protectionist US policies coupled with higher US yields and a strong dollar collapsing tepid emerging market, and eventually global, economic growth;
The “no” vote in the Italian referendum leading to the economic collapse of the European Union’s third largest economy;
Surging European nationalism culminating in the collapse of the eurozone and/or European Union;
The British government opting to sacrifice growth in exchange for a hard version of Brexit and;
Capital outflows from China ultimately forcing policy-makers into accepting a Renminbi collapse and shocking a corporate sector with significant dollar-debt.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
It is likely that the impending trade war will be limited to individual product groups. If so, growth will continue in Finland this and the next year. The economic recovery shows that Finland has not been endowed with the exceptionally serious structural problems as alleged. Because of spending cuts and other measures, the strong economic development will not improve the situation of all population groups equally. The growth of income inequality should be mitigated by updating basic social security, which would include index adjustments of benefits no later than 2019.
You’ll see from the reports in this edition of Market Monitor that, while there are tentative signs of
economic stabilisation, these are tempered by indicators that still advise caution for future trade.
Germany has recorded positive growth since the summer, but we still expect bank lending to
continue to decline. Spain, in contrast, records negative growth forecasts for the short- and mid-term,
but at least our indicators show that the high tide of payment defaults and insolvencies may finally
have peaked. In the UK, however, a turnaround in the rising insolvency trend is still not in sight, and
the troubled construction sector is forecast to continue to suffer into 2010. That said, the car
scrappage scheme, which started later than in many other countries, will provide some cushion for
the automotive sector in the coming six months.
Against this background, we continue to urge caution, not just when embarking on new trading
ventures, but also in trade with established customers. Essentially, businesses need to tread more
carefully in ALL their sales transactions – monitoring changes in the payment behaviour of current
customers and taking extra care in assessing the financial strength of new prospects.
In this issue…
…we feature the following markets:
United Kingdom – with a spotlight on the construction and automotive sectors
Mexico – with a spotlight on the retail and chemicals sectors
Germany
Spain
Denmark
Portugal
Czech Republic
Eurozone falling chickens choice internal or external devaluationMarkets Beyond
The political and economic backround in Europe is awful and no good choice is left to solve the huge imbalances between countries: external or internal devalutation.
Whatever the route followed it will translate into a fall in standard of living of Europeans. The path followed by European politicians for the past 4 years has led to a dead end and they will soon have to decide which of two tough routes to follow..
The Federal Reserve is unlikely to hike its policy rate from 0.25-0.50% at its 16th March 2016 meeting and may have little choice but to revise down its expectations to around 3 hikes for 2016 in its accompanying projections. In the 16th December “dot-chart”, the median expectation among the 10 voting Federal Open Market Committee (FOMC) members and 7 non-voting members was for four hikes this year (the weighted average was for a slightly less hawkish 91bp of hikes).
Degroof Petercam Asset Management's chief economist and asset allocator look into whether the reflation trade is for real and inflation is back in the cards.
Trump's Twitter, currency manipulation and the trade dispute are keyHantec Markets
Donald Trump sending out a Twitter storm on currency manipulation and railing against the actions of the Fed have brought in an extra dimension for traders to consider this week. His threats to ratchet up the trade dispute with China also means that geopolitics remain a key factor. We consider the outlook for forex, equities and commodities.
Since the publication in July of stress test for banks in Europe, everything went quiet on the PIGS debt crisis with no much news during the summer. Things however are boiling again and Greek will come back to the forefront of medias sooner rather than later.
1-) Describe the economic and social challenges currently faced by G.pdfFOREVERPRODUCTCHD
1-) Describe the economic and social challenges currently faced by Germany’s government.
2-) Compare and contrast the Legislative Branches of Germany and the European Union
Solution
Political debates can hardly be more remote than those having opposed Angela Merkel and
Martin Schultz on September 3rd on the one hand and Marine Le Pen and Emmanuel Macron
five months earlier on the other hand. True, German political debates are courteous and
consensual, if not boring – at least until now - but the relative economic health of each country
also had an impact on the tone of exchanges. While France is deeply anxious about globalization
- wondering whether it should move away from it or only seek protections –, about the
governance of the Eurozone or whether it must reform its welfare state, these topics do not make
the headlines in the German electoral campaign. Germany is indeed feeling comfortable on these
issues and would rather debate about the management of a prosperous economy, the opportunity
to cut taxes, or the number of immigrants the country needs, with employers complaining about
labour shortages.
However, in both countries, the debate is much lighter on long term challenges, such as the
sustainability of the French government debt and pension scheme or, in Germany, issues linked
to its ageing population, the preservation of its competitive advantage, which is often linked to a
social model that will eventually have to adapt to the uberisation era, as well as the over reliance
on its export markets’ growth.
Since 1998, unemployment decreased six times faster in Germany than in France
A comparative review of current economic conditions will help understand how two neighboring
countries, with closely intertwined economies and with a nearly stable exchange rate since 1983
can display such diverging political situations. In 1998, on the eve of the creation of the euro, the
GDP per capita of Germany, still impacted by the unification travail, was 3.9% lower than
France’s. In 2016, it was 4.3% higher. Since 1998, wealth increased by 26.1% in Germany, vs.
17.1% in France, which is a relative loss of approximately 8% (1). Even more striking, from
December 1998 to July 2016, the unemployment rate fell by 5.3 percentage points in Germany,
to 3.7% whereas it receded by only 0.9 point, to 9.8% (2), that is, a six times slower decline.
It is therefore not surprising that the debate in France revolves around \"how to change things\"
while in Germany, changes are sought only at the margin. In the latter, a hotly debated question
is the reduction of income inequalities, which widened between individuals and regions. Indeed,
despite important subsidy transfers from Western to Eastern Länder that persist up until today
through the solidarity tax, the west/east economic gap is far from being closed.
The German success, as a consequence of the crisis caused by unification…
How can we explain Germany’s impressive achievements ? The country that used to be r.
Every month, Atradius brings you an up to the minute snapshot report on a range of export markets and key trade sectors. Our underwriters have a specialist view of the world economy – and the
industries that make that economy tick - that you won’t find in the general press coverage of events.
Even more importantly, our underwriters use their expertise and experience to look to the future. In each edition of Atradius Market Monitor you’ll find our outlook for a number of key market economies.
In this issue…
…we feature the following markets:
The United Kingdom – with a spotlight on the metals and automotive sectors
Mexico – with a spotlight on manufacturing, construction and retail
Germany
Spain
Denmark
Greece
Portugal
South Africa
In the past week European and global politics, strong US growth data, mixed global macro numbers and eurozone, Chinese and Indian central bank policy have eclipsed Trump-mania.
What is perhaps more remarkable is markets’ reasonably benign, “risk-on” reaction, bar the euro’s sell-off in the wake of today’s ECB policy meeting.
One interpretation is that markets have become complacent to the risks presented by President Trump’s constellation of pseudo-policies, surging nationalism in Europe, the UK’s uncertain economic future and continued capital outflows from China.
I have a somewhat different take, namely that markets are rightly discounting some of the more extreme and perverse scenarios, including:
Protectionist US policies coupled with higher US yields and a strong dollar collapsing tepid emerging market, and eventually global, economic growth;
The “no” vote in the Italian referendum leading to the economic collapse of the European Union’s third largest economy;
Surging European nationalism culminating in the collapse of the eurozone and/or European Union;
The British government opting to sacrifice growth in exchange for a hard version of Brexit and;
Capital outflows from China ultimately forcing policy-makers into accepting a Renminbi collapse and shocking a corporate sector with significant dollar-debt.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
It is likely that the impending trade war will be limited to individual product groups. If so, growth will continue in Finland this and the next year. The economic recovery shows that Finland has not been endowed with the exceptionally serious structural problems as alleged. Because of spending cuts and other measures, the strong economic development will not improve the situation of all population groups equally. The growth of income inequality should be mitigated by updating basic social security, which would include index adjustments of benefits no later than 2019.
You’ll see from the reports in this edition of Market Monitor that, while there are tentative signs of
economic stabilisation, these are tempered by indicators that still advise caution for future trade.
Germany has recorded positive growth since the summer, but we still expect bank lending to
continue to decline. Spain, in contrast, records negative growth forecasts for the short- and mid-term,
but at least our indicators show that the high tide of payment defaults and insolvencies may finally
have peaked. In the UK, however, a turnaround in the rising insolvency trend is still not in sight, and
the troubled construction sector is forecast to continue to suffer into 2010. That said, the car
scrappage scheme, which started later than in many other countries, will provide some cushion for
the automotive sector in the coming six months.
Against this background, we continue to urge caution, not just when embarking on new trading
ventures, but also in trade with established customers. Essentially, businesses need to tread more
carefully in ALL their sales transactions – monitoring changes in the payment behaviour of current
customers and taking extra care in assessing the financial strength of new prospects.
In this issue…
…we feature the following markets:
United Kingdom – with a spotlight on the construction and automotive sectors
Mexico – with a spotlight on the retail and chemicals sectors
Germany
Spain
Denmark
Portugal
Czech Republic
Eurozone falling chickens choice internal or external devaluationMarkets Beyond
The political and economic backround in Europe is awful and no good choice is left to solve the huge imbalances between countries: external or internal devalutation.
Whatever the route followed it will translate into a fall in standard of living of Europeans. The path followed by European politicians for the past 4 years has led to a dead end and they will soon have to decide which of two tough routes to follow..
The Federal Reserve is unlikely to hike its policy rate from 0.25-0.50% at its 16th March 2016 meeting and may have little choice but to revise down its expectations to around 3 hikes for 2016 in its accompanying projections. In the 16th December “dot-chart”, the median expectation among the 10 voting Federal Open Market Committee (FOMC) members and 7 non-voting members was for four hikes this year (the weighted average was for a slightly less hawkish 91bp of hikes).
Degroof Petercam Asset Management's chief economist and asset allocator look into whether the reflation trade is for real and inflation is back in the cards.
Trump's Twitter, currency manipulation and the trade dispute are keyHantec Markets
Donald Trump sending out a Twitter storm on currency manipulation and railing against the actions of the Fed have brought in an extra dimension for traders to consider this week. His threats to ratchet up the trade dispute with China also means that geopolitics remain a key factor. We consider the outlook for forex, equities and commodities.
Since the publication in July of stress test for banks in Europe, everything went quiet on the PIGS debt crisis with no much news during the summer. Things however are boiling again and Greek will come back to the forefront of medias sooner rather than later.
1-) Describe the economic and social challenges currently faced by G.pdfFOREVERPRODUCTCHD
1-) Describe the economic and social challenges currently faced by Germany’s government.
2-) Compare and contrast the Legislative Branches of Germany and the European Union
Solution
Political debates can hardly be more remote than those having opposed Angela Merkel and
Martin Schultz on September 3rd on the one hand and Marine Le Pen and Emmanuel Macron
five months earlier on the other hand. True, German political debates are courteous and
consensual, if not boring – at least until now - but the relative economic health of each country
also had an impact on the tone of exchanges. While France is deeply anxious about globalization
- wondering whether it should move away from it or only seek protections –, about the
governance of the Eurozone or whether it must reform its welfare state, these topics do not make
the headlines in the German electoral campaign. Germany is indeed feeling comfortable on these
issues and would rather debate about the management of a prosperous economy, the opportunity
to cut taxes, or the number of immigrants the country needs, with employers complaining about
labour shortages.
However, in both countries, the debate is much lighter on long term challenges, such as the
sustainability of the French government debt and pension scheme or, in Germany, issues linked
to its ageing population, the preservation of its competitive advantage, which is often linked to a
social model that will eventually have to adapt to the uberisation era, as well as the over reliance
on its export markets’ growth.
Since 1998, unemployment decreased six times faster in Germany than in France
A comparative review of current economic conditions will help understand how two neighboring
countries, with closely intertwined economies and with a nearly stable exchange rate since 1983
can display such diverging political situations. In 1998, on the eve of the creation of the euro, the
GDP per capita of Germany, still impacted by the unification travail, was 3.9% lower than
France’s. In 2016, it was 4.3% higher. Since 1998, wealth increased by 26.1% in Germany, vs.
17.1% in France, which is a relative loss of approximately 8% (1). Even more striking, from
December 1998 to July 2016, the unemployment rate fell by 5.3 percentage points in Germany,
to 3.7% whereas it receded by only 0.9 point, to 9.8% (2), that is, a six times slower decline.
It is therefore not surprising that the debate in France revolves around \"how to change things\"
while in Germany, changes are sought only at the margin. In the latter, a hotly debated question
is the reduction of income inequalities, which widened between individuals and regions. Indeed,
despite important subsidy transfers from Western to Eastern Länder that persist up until today
through the solidarity tax, the west/east economic gap is far from being closed.
The German success, as a consequence of the crisis caused by unification…
How can we explain Germany’s impressive achievements ? The country that used to be r.
FDI GermanyName ID no. Unit code and name Lectur.docxssuser454af01
FDI Germany
Name:
ID no.
Unit code and name:
Lecturer name:
Assignment #
Due Date:
Executive Summary
Germany is an established European democracy that has a history of free and fair elections. Germany ranks higher than the United Kingdom with regard to accountability and voice. The labour market in the country is also quite flexible even despite the 2009 financial crisis. Nevertheless, the aging German population places a considerable weight on the healthcare system and the economy. Although the technical workforce in the country may be declining the SMEs in the country are quite innovative. The legal structure in Germany is very comprehensive. However, the country is still plagued by tax evasion. Considering the economic and political might of the country in the Eurozone and the world at large, Germany offers an attractive opportunity for foreign direct investment.
1.0 Introduction
Germany provides foreign investors with exciting international and national business and marketing perspectives. However, the costs are comparatively high. Costs include employment costs as measured using wage rates and social security charges. Therefore, successful foreign direct investment in Germany requires proper planning and sophisticated operation. The German economy represents almost all industries. Like other countries with highly skilled populations, high costs of employment and high-educated workers the best prospects come from providers of commercial, financial and technical services. The industries in Germany are dynamic and firms can expect room for growth. The country provides an equal opportunity to both domestic and foreign companies. It is important to note that the state provides substantial support in form of subsidies in research and development in order to spur the creation of new products. This report aims at presenting the benefits, risks and cost of investing in Germany (Germany Country Profile, 2013).
2.0 Outline
Analysis
Benefits
Risks
Costs
Political system
A strong democracy
A robust federal system
Right-wing extremism
Strained relationship with France
Formulation of EU banking Union
Corruption
Economic system
Highly competitive economy
Flexible labour market
Exposure from the Eurozone debt
Bank failure in the region
Slow foreign trade
Low local consumption
Legal system
Comprehensive legal and regulatory framework
Formal openness to FDI.
Overregulated service sector.
The country’s licensing and permit process is quite cumbersome
The taxation wedge is high.
3.0 Political system
3.1 Benefits
Germany is a stable democracy that has a constitution that stipulates the roles of the legislature, executive and judiciary. The federal government is the top most source of political authority despite that Germany has municipalities and states. The strong federal system has enabled the country to have a centralized rule for the formulation of fiscal, defence, monetary, internal security and legal policies. ...
http://pwc.to/1h2k2l4
Après cinq années de crise, de récession et de croissance décevante, nous pensons que les pays développés peuvent maintenant approcher de la "vitesse de libération" nécessaire pour une reprise durable.
The immediate outlook for key markets and sectors
Every month, Atradius brings you an up to the minute snapshot report on a range of export markets and key trade sectors. Our underwriters have a specialist view of the world economy – and the
industries that make that economy tick - that you won’t find in the general press coverage of events.
Even more importantly, our underwriters use their expertise and experience to look to the future. In each edition of Atradius Market Monitor you’ll find our outlook for a number of key market economies.
In this issue…
…we feature the following markets:
France – with a spotlight on the household appliances and dairy sectors
Austria – with a spotlight on the paper and timber sectors
Italy
Norway
Canada
New Zealand
Brazil
Japan
Special: Atradius Collections - Keep your cash flow healthy
Every month, Atradius brings you an up to the minute snapshot report on a range of export markets and key trade sectors. Our underwriters have a specialist view of the world economy – and the industries that make that economy tick - that you won’t find in the general press coverage of events.
Even more importantly, our underwriters use their expertise and experience to look to the future. In each edition of Atradius Market Monitor you’ll find our outlook for a number of key market economies.
In this issue…
…we feature the following markets:
The Netherlands – with a spotlight on construction and transport industry sectors
Spain – with a spotlight on construction and automotive industry sectors
United States of America
Belgium
Austria
Ireland
Poland
Indonesia
This presentation considers the possibility of a second recession in the face of the ongoing European Debt Crisis, misguided attempts to address the crisis through austerity and struggling world economies. It also reflects on the impact of the probable break-up of EU’s currency union, measures to avert the scenario and vulnerable positions of the economies of the USA, China and India to more trouble in the Euro-zone.
The doomsday scenario has been summarized by Martin Wolf of Financial Times (May 17, 2012):
“The mechanisms at work would be powerful: bank runs; the imposition of (illegal) exchange controls; legal uncertainties; asset price collapses; unpredictable shifts in balance sheets; freezing of the financial system; disruption of central banking; collapse in spending and trade; and enormous shifts in the exchange rates of new currencies.
.
The immediate outlook for key markets and sectors
Every month, Atradius brings you an up to the minute snapshot report on a range of export markets and key trade sectors. Our underwriters have a specialist view of the world economy – and the industries that make that economy tick - that you won’t find in the general press coverage of events.
Even more importantly, our underwriters use their expertise and experience to look to the future. In each edition of Atradius Market Monitor you’ll find our outlook for a number of key market economies.
In this issue…
…we feature the following markets:
Italy – with a spotlight on the metals and textiles sectors
Switzerland – with a spotlight on the banking and automotive sectors
Sweden
Hungary
Russia
Canada
China
Australia
Greece's crisis deepens as fast as its debt. 2011 budget execution is terrible with tax receipts well below plans, and there is no way Greece will get out the crisis without defaulting on its debt obligations one way or an other (the latest idea is to call it "reprofiling"!) .
Economic growth is slowing downGlobalization contributes many.docxtidwellveronique
Economic growth is slowing down
Globalization contributes many advantages to the global economy. The global boom is the result from globalization. Economy had a rapid growth after 1990s. But the globalization also carries some problems to the economic. As a result, the economic growth is slowing down in recent years.
In the article The steam has gone out of globalization, the author states that the globalization is leading our economy to a new era called “slowbalisation”. The economy has a robust growth during the golden age of the globalization in 1990-2010. But the economic growth rate become slower in recently years because the benefits from the globalization is almost used up. The cost of shipping has stop falling, multinational firms find a hard time survive in both global markets and the local markets. Meanwhile activity is shifting towards service, which is harder to trade across the borders. Those are the factors cause the slowbalisation. And globalization remains many issues that slow the economy down in the recent years.
First, the decline of the total investment in the market caused the economic growth to slow down. Investment is a very significant factor that effect the long-term aggregate supply. If the long-term aggregate supply doesn’t increase, the rise in the aggregate demand will cause inflation but not economic growth. Moreover, the high geopolitical risk makes firms unwilling to put investment in countries and industries that carry high risk. In the article, “global value of cross-border investment by multinational companies sank by about 20% in 2018” (Slowbalisation, page 2 para 3). And the decline in the payoff of from the investment also slow down the economy. Globalization bring the production cost significantly lowered than before. But after the cost of shipping has stop falling and the labor cost can not be reduced, firms can not lower the production cost anymore therefore lower the total payoff from investment. This means a country need to put more money in the investment in order to reach the same economic growth as before, which is not sustainable (Ip).
Since the benefits from the globalization become less significant, trade conflict between two countries become more ordinary in recent years that reduce the chance of cooperation in economic and slow down the economic. Country like the United States is now putting more attention to the domestic economic growth rather than the global economic growth. Trade conflict between U.S. and China is the trigger for the latest slowing (Ip). Moreover, the high tariff set by the U.S. government even hurt its small domestic business because of the increasing cost in production (Guo). As a result, trade behavior between countries will become more regional.
The divergent monetary policies between America and the rest of the world will hurt the economy in the emerging markets. The Federal Reserve has already raised the interest rate 8 times while the European Central Bank ha.
Special Report - Is the OPEC Agreement a Game Changer?Amir Khan
Contrary to expectations, OPEC managed to reach an agreement at the sidelines of the Global Energy Forum held in Algiers. But it's too early to say this will be turning for the oil market.
Special Report - Spain - Election AftermathAmir Khan
Growing political uncertainty and the fragmentation of the exiting political order among some of the developed countries of Europe appears to be here to stay. No more is this true than in the case of Spain where, in fact, there has been the absence of a functional government for almost a year now. Here's how we think the situation may ultimately play out in the country.
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
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.
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
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
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.
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.
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
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
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...beulahfernandes8
The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
Germany – How Worrisome is the Country’s Recent Slowdown?*
1. *Note prepared in a freelance capacity by Amír Khan(Email: amir.khan.uk0709@gmail.com) | May 2019
Germany – How Worrisome is the Country’s Recent Slowdown?*
ermany has over the years come to be seen as Eurozone’s most dependable
growth engine and by virtue of its size – it accounts for around a third of the
Eurozone economy – it has a significant bearing on the economic prospects
of the wider Eurozone region. As such, the recent slowdown in the country’s economy
has not only been felt on the domestic front but, more importantly perhaps, has taken
a toll on the wider Eurozone economy as well. Against this backdrop, the purpose of
this note is to assess the severity of the slowdown in the German and to, a lesser
extent, the Eurozone economy. Beyond this, it will elaborate on some of the factors
that have underpinned this development, as well as on what policymakers can do
cushion the impact of the recent slowdown.
1. Germany’s growth engine starts to sputter…
After enjoying a pretty smooth run for much of the past ten years or so, the German
economy hit a stumbling block last year, thanks to the shock sustained by the country’s
external sector, particularly on the industrial/manufacturing side, from various sources
including the slowdown in the Chinese economy and international trade, the impact of
environmental regulation on the country’s automotive sector and, not to mention
Brexit, which has negatively impacted German industry through the sentiment
channel. Reflecting these developments, the growth of industrial orders has been on
a downward trajectory since the latter part of last year (see Chart 1), though there has
been a tentative rebound according to the latest data for March. Meanwhile, survey
evidence, including the widely-followed Ifo business climate index, has not fared much
better either, with the “expectations” component of the index leading the declines. This
would appear to suggest that businesses remain cautious about how quickly they
expect some of the current uncertainties facing, in particular, the industrial sector of
the economy to start to lift.
G
2. *Note prepared in a freelance capacity by Amír Khan(Email: amir.khan.uk0709@gmail.com) | May 2019
On the back of these developments, the widest measure of economic activity, gross
domestic product (GDP), for Germany declined in Q3 of last year by 0.2% and was
essentially flat in the following three months (see Chart 3). While this means that
Germany avoided a technical recession during the course of last year – defined as
two consecutive quarters of negative growth – the point to note is that the miss was
very narrow indeed. For the Eurozone as a whole, while GDP growth also took a hit
through the latter part of last year, the scale of the setback was somewhat more
tempered, in large part because the likes of Spain and France continued to hold up
well, thanks to strength of domestic demand.
Looking ahead, while more recent data for Germany – not least the Q1 GDP print
which rose unexpectedly by 0.4% q/q – suggests that it, and indeed the rest of the
Eurozone, seem to have rebounded rather strongly at the start of this year, the
underlying situation particularly in the industrial sector of the German economy
remains uncertain. Indeed, reflecting such uncertainties, the EU Commission as part
of its forecast update this month reduced its expectations for German full year growth
to 0.5% y/y for this year and 1.5% y/y for next (see Chart 4), which represents
downgrades of 1.3 percentage points and 0.3 percentage points respectively. As part
of this exercise, the Commission also slashed the growth forecasts for the Eurozone
as whole, though the scale of downgrades in this case were somewhat more modest,
thanks to region’s lesser reliance on external trade.
3. *Note prepared in a freelance capacity by Amír Khan(Email: amir.khan.uk0709@gmail.com) | May 2019
2…As former tailwinds turn into headwinds….
So, what has gone wrong with the German industrial machine? Here, as we alluded
to above, the blame lies across the following three areas:
i) Slowdown in international trade/China
Germany’s economy – with its relatively high reliance on the manufacturing sector –
is Europe’s most formidable exporter both in both absolute terms and as share of GDP
(see Chart 5) and ranks number three globally behind China and the US. This
openness to trade has meant that the slowdown in international trade, which gained
traction through last year, has hit the country particularly badly.
There are several factors at play here. First – and foremost – China's economic
slowdown through 2018 has weakened demand for foreign goods and it's an important
market for Germany (see Table 1). Additionally, in terms of export orientation,
Germany happens to specialise in the production of high value-added goods, including
capital goods and machinery (see Table 2), which have borne the brunt of the recent
slowdown in the Chinese economy, as well as the softening in global trade more
generally, thanks in large part because of the heightened trade tensions between the
US and China in which other countries have also become embroiled.
4. *Note prepared in a freelance capacity by Amír Khan(Email: amir.khan.uk0709@gmail.com) | May 2019
Also of note here is President Trump's tariffs on steel and aluminium which have
adversely affected German and Eurozone exports of these products. Beyond this, the
possibility that he might impose tariffs on cars going forward could do a lot more
damage to Germany given that the “transportation” segment as whole makes up more
than 20% of Germany’s total exports.
i) Brexit blues hit home
UK’s Brexit vote has not done Germany any favours. Indeed, the uncertainty
associated with Brexit is recurring concern cited by German firms in their survey
responses. This not all that surprising given that the UK is Germany’s fourth largest
trade partner to whom it exported almost US$95bn in 2017.
In terms of the likely impact of Brexit on different sectors of the German economy, the
automotive sector in particular stands out. Indeed, as at 2017, Germany exported a
total of some €19bn passenger cars to the UK – making it the country’s second most
important market after the US. Given this backdrop, a key risk according to Deloitte is
that aside from short-term disruptions of supply chains for some German car
manufacturers, a hard Brexit could lead to a drop of around 30% for German car sales in
the UK.
ii) Short-term factors
There have also been some temporary factors that have contributed to Germany’s
problems. New emissions testing procedures set back car production last year, while
low water levels on the River Rhine – which is a very important transport route for
German industry – restricted cargo traffic for a certain period.
3. Can policymakers come to the rescue?
With the German government currently running a budget surplus (1.7% of GDP as
2018), perhaps the most logical way to stimulate the German economy – and cushion
the impact of the recent slowdown – is to increase government spending. That said,
there is a deep-seated political resistance in Germany to running budget deficits and
this has been reinforced by the experience of the European debt crises earlier in the
decade.
Meanwhile on the monetary policy front, the ECB already has interest rates at or close
to the lowest level that they can be, which implies that there is little or no room to cut
them any further. Indeed, its main rate is zero, while the deposit rate – which is the
rate commercial banks get for parking their money overnight with the ECB – is
negative.
Also of note here is the fact that, in terms of unconventional policies, the ECB halted
its “quantitative easing” policy of buying financial assets with newly created money at
the end of last year. While reviving this is remains a possibility, there are certain
complications worth bearing in mind. For some assets, the ECB is approaching the
maximum amount it wants to hold to avoid distorting the market too much. And
politically it would be difficult to sell this policy especially in Germany which where the
5. *Note prepared in a freelance capacity by Amír Khan(Email: amir.khan.uk0709@gmail.com) | May 2019
programme was always viewed with suspicion. “Printing money” as the programme is
sometimes called can conjure up fears of high inflation and Germany has had seriously
disruptive period of high inflation during the inter-war period, which continues to linger
in the minds of German policymakers.
4. Taking stock - Is there a silver lining?
The unexpected slowdown of the German economy last year took most observers by
surprise. While it appears to have bounce back from this “soft patch” at the start of this
year, the point to note it will not necessarily be plain sailing from hereon in as trade
tensions between the world two largest economies – US and China – appear to have
taken a turn for the worst recently and – if they’re allowed to continue on this course –
they could further undermine global trade growth and, hence, the prospects of open
economies such as Germany. That said, the recent slowdown of the German economy
should not be taken completely out context, not least because of the following three
factors, which could be viewed as its “silver lining”:
Although the worst of the industrial-led slowdown of the German economy appears
to have passed, the point note is that the downward pressure on the overall
economy would have been worse had it not been for the welcome strength of the
services sector of the economy. This is set to continue thanks to the resilience of
the country’s labour market and the willingness of consumers to go out and spend.
Germany went into the current slowdown with its fiscal house in order, and should
the economic situation worsen much further, it has the option of turning on the
fiscal taps, though there is political reluctance to do this at this stage.
While the UK’s Brexit vote represents bad news for the German economy as a
whole, there’s a corner of the market that is emerging as a winner from this
development: the financial services services sector. Indeed, since the Brexit vote,
a number financial institutions have announced their intention of shifting their
European base from London to Frankfurt, which if realised will stands to be a boon
for the German financial capital.
***