On The Financial Alchemy of U.S. Companies

The definition of alchemy according to Mirriam-Webster: a science that was used in the Middle Ages with the goal of changing ordinary metals into gold. a power or process that changes or transforms something in a mysterious or impressive way. U.S. companies are desperately trying to show earnings growth measured in terms of earnings per …

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Obesity Rates For Adults Across Countries

Obesity is increasingly becoming an problem around the world. It is particularly high in developed countries compared to developing countries. In the U.S.,  the obesity epidemic adds billions of dollars in healthcare costs. Relatively very cheap food prices, lethargic lifestyle, high dependence on automobile for transport, high consumption of genetically modified foods, high amounts of …

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The Global Risks Landscape 2014

The World Economic Forum publishes The Global Risks report every year when its annual meeting takes place in Davos, Switzerland. The latest report lists the following as the Ten Global Risks of Highest Concern in 2014: Fiscal crises in key economies Structurally high unemployment/underemployment Water crises Severe income disparity Failure of climate change mitigation and adaptation …

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On The Retirement Plans By Country Across Europe

Retirement plans in European countries are slowly changing in recent years. Countries are moving away from Defined Benefit (DB) plans to Defined Contribution(DC) plans. In DB plans an employer basically defines a benefit that the employee will receive at a certain date in the future usually after retirement. This is usually a set amount based …

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Why The US Dollar Will Stay The Reserve Currency This Year And Beyond

The U.S. dollar will stay the reserve currency in 2014 and beyond according to a research report by Barclays. This is because there is no serious competitor despite the U.S running persistent current account deficits. poor fiscal position, loss of AAA credit rating and the ongoing QE program run by the Federal Reserve. In addition …

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