Yet the technological shift evolved as the growth of post-secondary education slowed and businesses began to spend less on training their workers. “When technology, education and training move together, you achieve shared prosperity,” said Lawrence Katz, labor economist at Harvard. “Otherwise, you don’t. “ The increase in international trade has tended to encourage companies...
Read MoreThe resurgence of the pandemic and the faster tightening of the US Federal Reserve pose risks to the global recovery and emerging economies should brace themselves for episodes of economic turmoil, according to the International Monetary Fund. In addition to the endemic variant of Omicron, pressures from the supply side and the Fed’s decision...
Read MoreA further economic reopening during the Christmas holidays last year likely boosted growth in 2021, but the surge in COVID-19 infections earlier this year is expected to temper the expansion of gross domestic product (GDP), according to updated forecasts from investment banking giant Goldman Sachs. In a Jan. 8 report, Goldman Sachs Economics Research...
Read Moreohn January 4, 2002, Brigadier General Michael Lehnert received an urgent deployment order. It would take a small force of Marines and Sailors and build a prison camp in the US-ruled military enclave on Cuba’s southern coast, Guantánamo Bay. Lehnert had 96 hours to deploy and build the first 100 cells, in time for...
Read MoreAre you making a New Year’s financial resolution this year? In a survey of Fidelity Investments, investigators found that 43% of Americans who make a financial resolution want to save more money, 41% want to pay off debt, and 31% want to spend less money. If you want to do better financially in any...
Read MoretheGlobal Specialty Insurance Market Reportassesses developments relevant to the insurance industry and identifies key risks and vulnerabilities for the specialty insurance industry in order to educate stakeholders on current and future scenarios. To obtain a complete assessment and market estimates, a large list of insurers, aggregators and agencies have been factored into the coverage;...
Read MoreThe European Parliament commemorates the 20th anniversary of the euro. Credit / Wikimedia Commons It has been twenty years since Greece joined the euro zone, an anniversary that has been overshadowed by the spread of the omicron COVID-19 variant. 20 years ago this month, Prime Minister Costas Simitis went to an ATM and removed...
Read MoreThe global economic shutdown we experienced in mid-2020 was unique in recent history for its ability to disrupt the flow of goods, services and labor around the world. Since then, regionalised shutdowns in response to the resurgence of Covid-19 infections have been implemented periodically, often with very little warning. Global supply chains have been...
Read MoreMikel Arteta’s side face an attacking crisis with Pierre-Emerick Aubameyang exiled and Alexandre Lacazette and Eddie Nketiah’s contracts expiring at the end of the season Video upload Video unavailable The video will play automatically soon8to cancel Play now Arsenal v Man City: the match in pictures Arsenal are expected to let a number of...
Read MoreWhat is a financial coach? Financial Coach is a relatively new term for someone offering their services to help others with money related issues. Unlike some other financial professionals, financial coaches are not licensed and can vary widely in their expertise. Financial coaches can also be referred to as financial wellness coaches, money coaches,...
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