Healthcare is very expensive in the US to say the least. Unlike other developed countries healthcare expenditure account for a high percentage of national budget. At the micro level, individuals spend 19.3% of their personal expenditures on healthcare according to BEA data. Or to put it another way, in 2017 Americans spent about one fifth …
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China used to be considered the factor floor of the world. Millions of laborers toiled in factories around the country producing cheap goods for consumption mostly by the developed world and also by other emerging countries. That scenario has changed these days as China embarks on a mission to transform the economy from a manufacturing-based …
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The BBC published an interesting article on the Coffee industry recently. The following chart shows the world’s top 10 coffee producing countries: Click to enlarge The top coffee brands in Europe and the US are shown below: Source: Coffee: Who grows, drinks and pays the most?, The BBC
Fortune magazine publishes its famous Fortune Global 500 list of companies each year. Wal-Mart Stores(WMT), the world’s largest retailer topped the ranking in 2017 followed by State Grid, Sinopec Group(SHI), China National Petroleum(CEO) of China The following table shows the complete Fortune Global 500 List for Year 2017: Source: Fortune Download: The Fortune Global 500 List for Year …
National Bank of Greece S.A ADR has been trading on the OTC markets for a while now under the ticker NBGGY. In November last year, the bank announced plans to terminate the ADR program. At that time I wrote an article which included the following: What can you do if you are holding NBGGY? The …
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