The following infographics shows the best wine and cheese combinations for wines from the US, Australia, Argentina, France, Italy and Spain:
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Source: Social Vignerons
The following infographics shows the best wine and cheese combinations for wines from the US, Australia, Argentina, France, Italy and Spain:
Click to enlarge
Source: Social Vignerons
The explosive growth of online retailing has had a devastating impact on traditional brick-and-mortar retailers. The tremendous success of online giants like Amazon(AMZN) have led to the death of many a retailer. Today the market cap of Amazon is over $920.0 billion while many of the former retail giants are fighting for survival. Some former giants such as Sears have completely failed.
The following table shows the change in market cap of major US retailers over the past 12 years:
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Source: The power of disruption and what it means for Asia, Schroders
Amazon’s market cap has increased by 4,437 % over the past 12 years while most others have lost a huge portion of their value with the exception of Walmart(WMT). Sears shareholders have completely been wiped out.
Disclosure: No Positions
Emerging markets are different from developed markets in terms of economic cycles. According to Gordon Fraser, portfolio manager at BlackRock there are four different economic cycles in emerging markets.These are sell-off, healing, liquidity on, and activity surge as shown in the chart below:
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Source: Are you making this emerging markets mistake?, Money Observer
He noted that Argentina and Mexico are in the healing stage while South Korea is in the sell-off stage.
Most of the cities ranked worst for sitting in traffic are in emerging markets. The world’s most congested city is Mumbai, India followed by Bogota, Colombia and Lima, Peru. Among the developed world cities in the list are London, Paris, Rome and New York. Being stuck for hours in traffic not only has a huge negative economic impact but also causes stress and other health conditions and of course waste of productive time and increased pollution levels. At a higher level, high congestion points to failure of public policies in terms of unplanned or reckless development without regard to population levels, infrastructure and the environment.
The following chart shows the world’s worst cities for traffic congestion:
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Source: RFE/RL