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Tuesday 5 August 2014

Three Billion People in Asia and Africa are going to turn Middle Class


 

Three Billion People in Asia and Africa are going to turn Middle Class in the next 20 Years
 
The World feels especially scary lately. There has been mayhem in the Middle East, Russia seems on the verge of Becoming a rogue state, violence in Central America is driving children to make the harrowing trek to the U.S. border, and much of Asia is bickering over Pacific islands and political dominance.

Global politics are rarely this unstable.

Global Financial markets, by contrast, are sanguine. The U.S. Stock market had been at Record highs until most recently, and markets in most of the rest of the World aren't far behind. Investors are willing to buy the bonds of Financially challenged companies and countries at Record low interest rates. Global commodity prices and most currencies, including the U.S. Dollar, are steady.

This disconnect between geopolitics and Economics isn't new. Historically, chaos overseas has mattered little to the U.S. Economy and Financial markets. Barely a ripple was caused by the Soviet Union's invasions of Hungary and Czechoslovakia during the Cold War, or by numerous Israeli-Arab conflicts, or even by the Korean and Vietnam wars. The only obvious exception was the 1973 Arab oil embargo, which caused Global oil prices to spike and the Economy to tank.

The current round of Global troubles appears even less threatening to the Economy. This stems partly from the aggressive policies of the Federal Reserve and other central banks. With short-term interest rates at zero, investors seeking higher returns are enticed to accept or overlook the risks to their Stocks and bonds.

Global Recession in Asia Global Recession 2014 Global Recession Causes and Consequences Causes of Recession in ASia Recession in USA Economic Recession 2014 Recession in 2014 What Is Recession Apple Google Microsoft

Yusko, Kellner Disagree On Recession Odds

Japan is a Southeast Asia story and three billion people in Asia and Africa are going to turn middle class in the next 20 years,” he said. Population growth will drive a consumption wave, the likes of which the World has never seen, he said, which will ...
Deutsche Post Earnings Beat Estimates on Parcel Business
Businessweek


Deutsche Post reiterated a forecast for Ebit to rise to as high as 3.1 billion euros this year, while scrapping a 2015 target as it spends more to make the Global forwarding and freight units competitive. Economic revival in the countries sharing the ...
Steady trans-Atlantic ocean trade offers respite for carriers

It may not match the bumper earnings the Asia-Europe trade generates in a strong market, but neither does it produce the massive losses on the World's biggest trade lane that have pushed the majority of carriers into the red over the past few quarters ...
Global news won't deter Economy

There has been mayhem in the Middle East, Russia seems on the verge of bEcoming a rogue state, violence in Central America is driving children to make the harrowing trek to the U.S. border, and much of Asia is bickering over Pacific islands and ...

Willem Buiter: Little Systemic Risk from a Financial Crash

Many Economists have said that today's China shares many similarities with Japan in the late 1980s because both rely heavily on exports and cheap labor to back growth, and both suffered asset bubbles caused by post-crisis stimulus and a

Putin still insists that Russia has no involvement and spoke at a Moscow tribute event saying “tragedies Worldwide are caused by the ambitions of leaders and called for peace”. Russia was told to pay $50 billion in Fines ... The Russian President may


'If you want a strong pound, it has to be for the right reasons'


But with World markets already unnerved by conflict, it could hardly be worse for exporters. Share · Tweet this ... As a consequence, London-listed companies with divisions in Europe and the US are taking a hit when they translate their foreign ...
What Argentina's Default Means for the Rest of Us

The American Conservative

Argentina has defaulted eight times in its 200-year history, the latest coming on Thursday after a bizarre legal saga that left Argentine sovereign debt in the hands of a Manhattan federal district judge. Judge Thomas Griesa ruled that Argentina could ...

    Global Recession in Asia,
    Global Recession 2014,
    Global Recession Causes and Consequences,
    Causes of Recession in ASia,
    Recession in USA,
    Economic Recession 2014,
    Recession in 2014,
    What Is Recession,

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