The Indian equity market is one of the top performing emerging markets so far this year. The benchmark S&P BSE Sensex crossed the 30,000 mark for the first time in many months. The index closed yesterday at 29575 for a gain of over 11% this year. Though Indian stocks have the potential for further growth, on a …
Continue reading ‘Indian Stock Market Is Expensive Based On Valuation’ »
The Maastricht Treaty signed in 1992 led to the creation of the European Union(EU). Since then the EU has expanded many more countries including many of the former Warsaw pact countries.The following infographic shows the evolution of the EU: Click to enlarge Source: How the EU Has Changed, Sputnik News
Kyrgyzstan in Central Asia is an off-the-beaten-path tourist destination. The video below offers an introduction to this beautiful country: Source: Trip to Kyrgyzstan: Tourist Guide, Sputnik News
The US is the top country in terms of defense spending. None of the other countries in the world spend as much on military as the US does. According to a report by National Priorities Project, in 2016 more than half of the discretionary federal spending was spent on military. To put it another way, …
Continue reading ‘Discretionary Federal Spending 2016: Chart’ »
The economies of some countries are heavily dependent on exports while others do not. A higher percentage of jobs in export-driven countries depend on exports. For example, Germany is a classic export-based economy unlike the US which is a consumption-based economy. So 30% of total employment is attributed to exports. In the US, the figure …