Gross Domestic Product (GDP) is, most certainly, an important yardstick for the economic performance of a country. Economists, policy makers, and central banks use GDP to gauge the health of the economy and direct fiscal and monetary policies to boost it.
The need to transfer funds across borders has risen considerably over the last few decades. Scores of businesses pay suppliers and employees from other countries and several receive payments from international customers. Migrants require the services of the remittance industry on an ongoing basis, and their numbers continue to swell. Fortunately, advancements in technology have ensured that making international fund transfers is no longer expensive, time consuming, or bothersome.
The President of the E. M. Primakov National Research Institute of World Economy and International Relations of the Russian Academy of Sciences (IMEMO), Academician Alexander Dynkin, Editor-in-Chief of the collective monograph "World 2035. Global Outlook" noted that this forecast was focused on those dynamic trends that are visible today, which will have a long-term impact on the development of the world in twenty years ahead.
A French investigation into possible corruption in business deals related to Qatar’s winning of World Cup hosting rights moved the 2022 tournament a step closer to becoming enmeshed in the two- month-old Gulf crisis.
African countries are in a developmental conundrum; they have seen economic reversals in the wake (and arguably because) of the World Bank and yet African countries, at least for the foreseeable future, need the World Bank – owing to a paucity of alternative lenders in the present. In its assessment of the outcomes of World Bank involvement in Africa’s development, this paper emerges with a mixed picture.
As US President Donald J. Trump gropes with a set of bad options for responding to North Korea’s rapidly expanding nuclear and ballistic missiles program, he risks creating a similar, potentially explosive dilemma in the Middle East with his efforts to tighten the screws on Iran, if not engineer an end to the two-year old nuclear agreement Iran concluded with world powers.
Both Chirac and Sarkozy had five minutes to leave power, while François Hollande could even have five months to do so. In fact, at the time, eight Frenchmen out of ten approved his decision not to run for another term. As you may recall, part of President Hollande’s establishment did not accept automatically to lend a hand to Manuel Valls, the Prime Minister who wanted to join the "two Lefts", the one resulting from Hamon’s proposals for the primary election - a so-called gauche de la tradition - and the one which was being shaped around Macron, with whom Valls had nothing in common at political level.
As long as the Deep State Oligarchs can continue to use the Citizens United supreme court case to bribe the entire U.S. Congress and Senate 100% and shut out completely the American citizen voter with hundreds of billions of dollars to one, President Donald Trump will never be able to accomplish anything for the American People.