The Fortune Global 500 of Year 2016

Fortune magazine recently published its famous Fortune Global 500 list. The top 10 companies from the ranking for 2016 are shown in the table below: Source: Fortune US retailer Walmart(WMT) is the world’s largest firm with a revenue of over $482 billion. The second spot went to Chinese utility State Grid. The importance of oil …

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Knowledge is Power: Globalization, Facts about Kissing, Oil Stocks Edition

Why it still makes sense to buy stocks and bonds at record prices (MarketWatch) The Pokémon Go craze is a lesson in what investors should not do (Financial Post) Bright spot or potential pitfall: how US equities measure up (FE Trustnet) Auto sales and the oil price: the Great Unwinding continues (FT beyondbrics) Midyear tax check: nine questions …

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How Big is US Defense Spending ?

The U.S. easily beats other countries in defense spending. In fact, its defense expenditures accounted for 37% of the world’s military budgets in 2015.  Last year the total US spending on defense reached $596 billion. This figure is more than the defense spending by the next seven countries combined according to Peterson Foundation. Click to enlarge …

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Sources of Electricity Generation: Germany vs. USA

Germany produces more than one-third of its electricity from renewable energy sources. This is a huge rise from year 2000 when just 6% of electricity came from renewable sources. Click to enlarge Source: Sea change to Germany’s energy transition as it throws renewables to the open market, DW The Energiewende program that the country implemented a few …

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