The global pharmaceutical industry is huge and was estimated to be over $1.11 Trillion in 2017. The Top 10 firms alone generated revenues of over $437.0 billion accounting for about 40% of the global market share according to a report published earlier this year by IGEA Hub. They analyzed the top 15 companies to develop and …
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The U.S. financial sector is similar to the Canadian financial sector in some ways but different in others. For example, the banking industry in Canada is dominated by just 5 or 6 major banks forming a nice oligopoly. However it is not the case south of the Canadian border. From the standpoint of equity returns, …
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Some of the major countries in the world are commodity based economies.Heavy dependence on commodity exports affects the relative value of their currencies. The five currencies that are closed tied to commodities are: 1.Australian Dollar – Australia is the world’s largest producer and exporter of iron ore. Demand for the ore strongly impacts the Australian dollar …
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The current US National Debt is over $15.7 Trillion or 15,760,417,329,521.12 to be exact as of Sept 20, 2018 according to the US Treasury. The interest due on this huge mountain of debt is also huge. According to an article, the interest on this debt accounts for 7.4% of the US Federal Budget making it the …
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