These 20 countries own 80% of the world’s wealth
The global economy is worth a mammoth $86 trillion. Yet what’s even more staggering is that 80% of that figure is hogged by just 20 countries. Using data published by the World Bank in 2019, we take a look at these economic powerhouses and reveal what to expect for the years ahead. Counting down from the 20th biggest to the most enormous, we reveal the largest economies around the globe.
— Read on www.msn.com/en-ca/money/topstories/these-20-countries-own-80percent-of-the-worlds-wealth/ss-AAHVOR9
Two Emerging Markets Are Ready for the Next Global Recession
(Bloomberg) — If the global trade spat ends up tipping the world into recession, Russia and South Korea could be the best places to hide in emerging markets, according to Saxo Bank.Both countries have high real interest rates and are running budget surpluses, giving policy makers ample room to adjust
— Read on ca.finance.yahoo.com/news/two-emerging-markets-ready-next-064446636.html
China, a top defense spender, becomes a major arms exporter
Amid regional tensions, China is quickly becoming a major arms dealer, supplementing its existing position as a top defense spender.
— Read on www.cnbc.com/2019/09/27/china-a-top-defense-spender-becomes-major-arms-exporter.html
Oil Indexes
Global IPOs Year to Date 2019
These countries are drowning in debt
Almost every country in the world has sovereign debt – in fact, some of the world’s most powerful economies have a lot of it. Yet while it’s perfectly healthy to accrue debt to finance growth, some countries are bearing a serious burden. Using the World Economic Forum’s debt-to-GDP ratio for 2017 (the latest year for which figures are available), here are the countries with the highest debt-to-GDP ratios in the world. We haven’t included countries with economies smaller than $10 billion GDP.
— Read on www.msn.com/en-ca/money/topstories/these-countries-are-drowning-in-debt/ss-AAHNlPz
Canada’s top 1% saw fastest income acceleration, overall decrease in taxes
OTTAWA — The incomes of Canada’s top one per cent grew at a faster pace than everyone else in 2017 — and, overall, they saw their taxes edge down, says a new study.Statistics Canada has found that in 2017 the average total income of all tax-filers rose 2.5 per cent to $48,400 compared to the previous
— Read on ca.finance.yahoo.com/news/canadas-top-1-saw-fastest-081003192.html
Infographic: Tech Founders Predict the Next Wave of Startup Growth
Which U.S. startups are best poised for growth and spin-off success? This chart shares insights from over 500 tech founders about the state of startups.
— Read on www.visualcapitalist.com/tech-founders-predict-the-next-wave-of-startup-growth/
How to invest in real estate without buying a house or rental property – Explainomics – MarketWatch
There are lots of ways to invest in real estate without taking on a huge mortgage or handing over a giant down payment.
— Read on www.marketwatch.com/video/explainomics/how-to-invest-in-real-estate-without-buying-a-house-or-rental-property/B6FAB5CB-8060-4128-9629-5BB14213BB11.html