Travel and Tourism – Economic Impact 2020: Infographic

During this global pandemic it seems silly to discuss about travel and tourism. But it is important to understand the impact of this industry on the economy of many countries. While travel has plunged heavily this year in normal times tourism is a major contributor to the GDP and provided jobs to millions of people. …

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Stock Market Participation by Retail Investors is Rising in Brazil

Individual investors are participating more in the Brazilian equity market according to an article by Claus Born at Franklin Templeton. He notes that low-interest rate is driving more people looking for yield to the equities. Currently the short-term interest rate, the selic, is at just 2% relative to about 14% four years ago. So it is …

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China’s Economic Growth After Coronavirus: WSJ Video

The economy of China grew 3.2% in second quarter relative to last year. WSJ notes that China could be the only major economy to grow in 2020. While other countries including the US and developed Europe are struggling to contain the corona virus, China is able to focus on economic growth as it first brought …

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The World’s Top 100 Non-Financial MNEs based on Foreign Assets 2019

The World’s Top 100 Non-Financial Multi-National Enterprises (MNEs) based on Foreign Assets in 2019 are listed in the table below: Source: World Investment Report 2020, UNCTAD A few observations: Among the top five firms are oil majors Royal Dutch Shell(RDS-A), Total(TOT) and BP(BP). Japan-based multinational conglomerate Softbank Group took the fourth spot. China has the largest representation …

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