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United States: The World's Newest Major Exporter of Crude Oil In June, US crude oil exports reached historic levels at nearly 2.2 million barrels per day (b/d), a level similar to that of Nigeria and Iran. From 1975 until late 2015, a federal ban on the export of US crude oil severely restricted crude oil exports to all countries except Canada. By lifting the ban, the US Government has transformed the United States into a major exporter of crude oil and a force that is reshaping global oil markets. To date in 2018, the United States has averaged more than 1.7 million b/d of crude oil exports while continuing to import an average of 7.9 million b/d.Although Canada remains an important consumer of US crude oil—second only to China—the repeal of the crude oil ban has allowed US exporters to expand to...
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While mainstream media outlets globally may be focused on the relationship between climate change and extreme weather, crop performance, and infrastructure resilience, economists and business strategists alike are turning toward greener measures and outlooks of economic performance. The 2018 Global Green Economy Index (GGEI) by Dual Citizen LLC is one of several initiatives—others include the Green Growth Knowledge Platform and the UN Partnership for Action on Green Economy—working to provide...

Global Green Economy Index, 2018

Brent crude oil prices will average $72.8 per barrel in 2018 and to $73.7 per barrel in 2019, according to the most recent forecast from the US Energy Information Administration's monthly Short-Term Energy Outlook (EIA). This reflects an upward revision of $9.5/barrel to the EIA forecast for 2018 compared to last month's Outlook. The OECD Economic Outlook as of May 2018 was less bullish, pegging the real price of a barrel of Brent oil— i.e. price adjusted for inflation—at $69.4/barrel in...

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Crude Oil Price Forecast: 2018, 2019 and Long Term to 2030

Liquefied natural gas (LNG) represents a significant component of the energy consumption of many countries and accounts for about one third of total internationally traded gas. Total global LNG production (liquefaction) nameplate capacity grew to 320 million tonnes per annum (MTPA), or 435 billion cubic meters, by the end of 2015 from 119 MTPA in 2000. The US shale production boom and recovery of global oil prices from 2010 to 2012 after the global financial crisis created an attractive...

Multibillion-Dollar LNG Investments at Risk

Global oil prices have fallen by more than 30 percent since the summer of 2014, affecting everyone from producers to consumers. This dashboard presents oil price dynamics and the breakeven oil prices—minimum oil price to cover general government expenditures—over the past decade as well as snapshot of the marginal cost of oil production by country in 2014. A world oil price in the range of $55 to $60 per barrel is less than the cost of Russian Arctic oil production, European and Brazilian...

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Cost of Oil Production by Country

Today Starbucks is the largest coffeehouse company in the world, with 27,339 retail locations as of the first quarter of 2018, followed distantly by such coffee shop chains as Dunkin Donuts with about 10,000 restaurants, Tim Hortons with 4,300 outlets, and Costa Coffee with nearly 1,700 stores worldwide. Starbucks was founded in 1971 in Seattle, Washington, and incorporated on November 4, 1985 to become the publicly traded Starbucks Corporation. Based on the company's positive, sustained...

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Number of Starbucks Stores Globally, 1992-2018

Millenials have overtaken Babyboomers by nearly 4 million to become the largest generation in the United States. With a current population of around 79 million, the Millenial generation is expected to grow to 81 million over the next 20 years because of migration, according to the US Census Bureau's latest estimates. The boundaries that define generations are not universally agreed, and yet these boundaries carry important implications in business and government. The size, financial security,...

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US Population by Age and Generation

Along with its cultural, leisure and recreational functions tourism contributes significantly (both directly and indirectly) to the world's economy and employment. It contributes to GDP even more than the automotive industry in all the regions throughout the globe: three times as much in Americas and two times as much in Europe, according to the World Travel & Tourism Council's 2017 research. In many countries tourism is the key source of jobs for their population. Thus, in Macau, one of...

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Tourism

Since India was under British rule, the rupee was pegged to the British pound. From 1927 to 1966, 13 rupees = 1 pound. The peg was maintained until 1966 when the rupee was devalued and pegged to the U.S. dollar at a rate of 7.5 rupees = 1 dollar. This peg lasted until the U.S. dollar was devalued in 1971.

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Rupee Devaluation Against the US Dollar, 1947 - Present

One could argue that in a world subject to the inevitability of business cycles, the United States is overdue for a recession. During the 60 year period from 1950 to 2010, the US economy experienced 10 recessions, averaging one recession every six years. In contrast, the longest period of uninterrupted economic growth was just shy of 10 years. The US is now in the midst of nine years of economic growth with the last "Great Recession" a fading memory for some. Will 2019 bring recession to the...

United States: Moving Toward Economic Recession in 2019?

Published by Forbes magazine since 2003, the Forbes Global 2000 is an annual ranking of the world’s top 2000 public companies. Forbes ranks the companies according to four basic metrics: profit, sales, assets, and market value. The world's 2000 biggest public companies account for $169 trillion in total assets, $35 trillion in revenues, $2 trillion in profits, and $48 trillion in market value, according to the 2017 list.The world's largest company by market value is still Apple. The technology...

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The World's Biggest Public Companies, 2017

While in some ways technology has changed so much about the world today, it has not been able to erase the vulnerability of diverse populations globally to pandemics, outbreaks, and epidemics that costs lives and undercuts economic growth. In 2016, 1,436 people died due to epidemics, and the global economy lost an estimated $562 billion, which is roughly equivalent to 1.3 percent of global income. This places epidemics on par with some major natural disasters in terms of economic cost.In the...

Epidemic Readiness Still Out of Reach

China’s devaluation of its national currency in early August should make foreign markets even more enticing to Chinese investors. Total Chinese foreign investment and construction contracts since 2005 already exceed $1.65 trillion, with new investment in 2016 on pace to top $170 billion. The question becomes: where will Chinese investors take their money next? Increased industry-based diversity could soon overtake a previous geographic diversity for Chinese investments abroad. As energy...

China: Global Investment Overview, 2017

According to the 2016 Forbes World's Billionaires List, the total number of billionaires worldwide expanded to 1,810. The aggregate net worth of the list's members exceeded $6 trillion, while the average net worth was $3.6 billion. Source: Forbes World's Billionaires

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Forbes 2016 World's Billionaires List

Since 2003 until now Academic Ranking of World Universities (ARWU) conciders about 1000 universities all over the world in ordet to build ranking of 500 ones with the highest performance in academic and research fields. Its methodology implies assessing institutions by 6 indicators including alumni (Score on Alumni) and staff (Score on Award) winning Nobel Prizes and Fields Medals, highly cited researchers (Score on HiCi), papers published in Nature and Science (Score on N&S), papers...

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Academic Ranking of World Universities

Corporate growth strategies typically include some combination of deepening existing market penetration and new product and market development. New market entry through acquisitions, greenfield investment, joint venture or other forms are considered generally to be the most controllable ways to drive business growth. And, many emerging markets, such as Brazil, India, Argentina, with their growing middle-classes are attractive targets for these growth strategies. With the ever-increasing...

The Most Attractive Markets: Understanding China's Market Potential

In this dashboard, we integrate the most recent medium and long-term forecasts of key economic indicators for G20 countries from major international organizations, namely, the World Bank, IMF, United Nations, OECD, European Commission and the Economist Intelligence Unit. The data presented cover projections of real GDP growth, characterizing each country's output of final goods and services; consumer price inflation, as a measure of price level movements; unemployment rate, or percent of those...

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US GDP Growth Forecast 2018-2022 and up to 2060 | Data and Charts

The United States is often criticized for its perceived nonchalance toward air pollution despite persistent statements to the contrary by the current presidential administration. The US remains the number one contributor globally to harmful chemicals in the air, with the fossil-fuel consuming transportation industry being a primary emission source. With more than 250 million vehicles on US roads, the US surpasses even China based on total vehicles in use despite China's much larger...

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The World's Top Car-Owning Countries

Every two years, the United Nations Department of Economic and Social Affairs (UNDESA) through its Division for Public Administration and Development Management (DPADM) publishes the United Nations E-Government Survey. The Survey provides a snapshot with relative rankings of e-government development of all Member States of the United Nations. By ranking the performance of countries on a relative scale, the Survey provides relevant information to support policy makers in shaping their...

UN E-Government Development Index

Bitcoin is one of the world's most popular digital currencies, meaning that it is exclusively created and held electronically. But, what do we actually know about digital currencies and the potential of these currencies to replace conventional money? Like conventional money, the major function of a digital currency is to serve as a means of payment, whether that is in exchange for goods or real currency, such as dollars and euros. In addition, similar to how a normal currency's exchange rate...

Bitcoin Price from 2009 to 2018

The Deloitte UK quarterly CFO Survey illuminates the sentiments and strategies of major corporate users of capital to gauge attitudes related to valuations, risk, and financing. Deloitte provides open access to the current and historical survey results to enable analysis and application of the survey results. The 2016 Q1 responses strongly underscored the business relevance of the UK's upcoming EU referendum on 23 June that will determine the future of the country's EU membership. The survey...

Deloitte CFO Survey, 2016 Q1

Sustained swings in commodity prices attract the attention of a variety of people around the world from traders, researchers, and analysts to policymakers and interested citizens. Commodity prices respond to changes in demand and supply forces as well as irrational exuberance of the markets. In today’s viz we opt to set aside price theory to focus instead on uncovering the largest price changes of 2016 for a selection of internationally traded commodities as well as the largest historic prices...

The Largest Commodity Price Changes of 2016

What has EU membership meant for the UK? Could the UK economy withstand a deterioration in its link to the European economy? Have existing EU policies that some argue disproportionately favor founding EU members - read France, Germany, and Italy - been more harmful than helpful to the UK economy? It's not only the citizens and government of the UK seeking answers to these questions and many more like them but trading partners, business competitors and investors, and others with economic,...

Shifting from Greek to UK Exit: What does EU membership mean to the UK?

The Deloitte UK quarterly CFO Survey illuminates the sentiments and strategies of major corporate users of capital to gauge attitudes related to valuations, risk, and financing. Deloitte provides open access to the current and historical survey results to enable analysis and application of the survey results. ___________________ Opponents of the prospective withdrawal of the UK from the EU, aka Brexit, held a protest march in central London on 9 September that gathered tens of thousands of...

Brexit: CFO Survey from Deloitte

Oil & Gas Turkmenistan will bring together senior government ministers, top-level executives from Turkmenistan's national companies and international business representatives. Advancement of the oil and gas industry is one of the main policy priorities for the country. Sustainable development of Turkmenistan's natural resources, investment in infrastructure and the petrochemical industry are vital to the continued growth of economy. Effective implementation of this policy is closely...

23nd International Conference "Oil & Gas Turkmenistan - OGT 2018"

Global Firepower (GFP) provides a unique analytical display of data concerning today's world military powers. Over 100 world powers are considering in the ranking which allows for a broad spectrum of comparisons to be achieved concerning relative military strengths. The Global Firepower ranking is based strictly on each nations potential conventional war-making capabilities across land, sea and air. The nuclear capability is not taken into account. The final ranking also incorporates values...

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Global Firepower - 2016 | Data and Charts

The Global Competitiveness Index (GCI) is a global study on the basis of which ranking of countries in terms of economic competitiveness in the world is formed. The World Economic Forum defines competitiveness as the ability of the country and its institutions to ensure stable economic growth, which would be stable in the medium term. GCI is determined by numerous and very diverse factors which were divided into three subindexes: Basic requirements, Efficiency enhancers, Innovation and...

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Global Competitiveness

The analysis of alcohol consumption and personal welfare (GDP and GNI per capita and labor productivity) statistics shows that there is no just negative correlation between these two indicators. As it can be seen from the graphs below, interdependence between expenditures on alcoholic bevarages and personal welfare indicators can be well descripted with normal function. So, very little as well as very big amounts of alcohol consumed is bad for personal welfare, while moderate alcohol...

Alcohol consumption and personal welfare

The 2017 Global Peace Index reflects the reality of war and peace today with Syria, Afghanistan, and Iraq ranking as the least peaceful countries of the 161 evaluated for the index. The United States experienced the greatest decline in the index since last year, slipping 11 places to rank 114th, directly following Armenia and Rwanda and preceding El Salvador and China. But, what’s in the index? The Global Peace Index is comprised of 23 indicators grouped into three broad themes: the level of...

The 2017 Global Peace Index

Ibrahim Index of African Governance (IIAG) - is comprehensive statistical tool assessing African countries' performance in provision of public goods and services. Consisting of 133 variables derived from 32 independent sources IIAG measures governance performance across 4 pillars: Safety and Rule of Law, Participation and Human Rights, Sustainable Economic Opportunity and Human Development. All-embracing nature of the index makes it fairly the best instrument for setting long-term political,...

African Governance Index

Environment domain of statistics covers such essential topics as air and water pollution, emissions of greenhouse gases and climate change, biodiversity and protected areas, forestry and agricultural environmental performance, use of fertilizers, environmental protection expenditure, waste management and others. On this page you can find relevant data on all the topics mentioned above which is provided by reliable sources including UN, OECD, Eurostat, Earth Policy Institute, PBL, EDGAR etc. By...

Environment

Precipitated by the steep decline in global oil prices, the non-OPEC* active rig count fell in June to a new multi-year low at roughly 1,600 rigs, a 46 percent decrease since the end of 2014. The severity of the decline in drilling activity varies among countries and producing regions. While the United States and other developed countries have decreased dramatically the number of active rigs throughout the first half of 2015, the total number of active rigs among OPEC members has remained...

Worldwide Oil and Gas Rig Count

Every day we have just 24 hours to accomplish it all. And, every day we make hundreds of decisions to parse out those 24 hours. The US Bureau of Labor Statistics in its American Time Use Survey examines just how Americans divvy up their time with input gathered from over 180,000 interviewees aged 15 and older. The survey yields unique insight into"how, where, and with whom Americans spend their time”. Following are a few "how" highlights from the 2016 survey: In 2016, Americans spent an...

United States: Time Use Survey

The worst drought to affect South Africa in the last century is further damaging the economic strength of the county's sugar sector. According to the United States Department of Agriculture, South Africa was expected to harvest 1.61 million metric tons of sugar during the 2016/2017 marketing year, a decrease of 5.5 percent from the previous marketing year and the lowest marketed-yield since 1995. Sugar producers are already grappling with competition from cheap imports, forcing some mills to...

South Africa's Drought Stricken Sugar Production

According to the American Time Use Survey, Americans spend an average of 15 minutes daily playing games. That’s more time than Americans spend walking, grocery shopping, or managing their finances. The gaming industry is evolving rapidly. Every producer wants to involve as many users as possible and offers realistic graphics, new opportunities, and tasks to take advantage of the explosive growth in gaming interfaces made possible by the Internet and smartphones. Producers are also increasing...

Top 100 Countries by Game Revenues

Social Protection Index (SPI), created by Asian Development Bank (ADB), is aimed to assess adequacy of social protection programs which are realized in the countries of Asia and Pacific regions. Social protection programs refer, by definition of ADB, to the "set of policies and programs designed to reduce poverty and vulnerability by promoting efficient labor markets, diminishing people’s exposure to risks, and enhancing their capacity to protect themselves against hazards and interruption/loss...

Social Protection Index

Maintaining a healthy, balanced diet requires information well beyond the more easily understood factors such as product quality and sell-by date. Smart consumers understand how to combine food and food products in a diet to meet the recommended daily values of macronutrients, vitamins, and minerals required to not only support life but to support a specific lifestyle. In today's viz we showcase the vitamin and mineral profiles of popular food and food products, a useful starting point for...

Nutrient Values of Foods and Food Products

In early September, the world learned that the personal data of 143 million Americans, or about half the US population, was compromised by an free-roaming, multi-month penetration of Equifax. As one of three major US consumer credit reporting agencies, the historic breach and suspicious trading of shares by Equifax executives shortly after the breach was discovered moved the US Senate banking committee to convene a panel to question the former Equifax Chair and CEO Richard Smith. With the...

Equifax and Company: Personal Data Under Siege

According to the latest BP Statistical Review of World Energy, total global reserves, by fossil fuel, are now: Coal - 1,139 billion tonnes Natural Gas - 187 trillion cubic meters Crude Oil - 1,707 billion barrels While these volumes may seem large at a glance, at today's level of extraction and production rates, BP's estimated proved reserves*, by fossil fuel, would be exhausted as follows: Coal - year 2169 Natural Gas - year 2068 Crude Oil - year 2066 BP dutifully acknowledges the...

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BP: World Reserves of Fossil Fuels

Now, after more than three decades, the Chinese government is ending its controversial one-child policy. Originally implemented in 1980 to curb its rapid population growth, China’s one-child policy has witnessed a fertility rate decline from 2.7 births per woman in 1981 to 1.6 births in 2015. Those who backed the one-child policy claimed it led to 300 million fewer births and lifted 200-400 million people out of poverty. Yet, the one-child policy has taken a toll, with more than 336 million...

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China Announcing the End to the One-Child Policy

People in Honduras, Salvador, Jamaica, Venezuela, and Guatemala have the highest probability to be shot and killed. A comparison between the rate of homicide by firearms and socio-economic indicators shows a correlation between high rates of income inequality and higher rates of homicide by firearms. Countries with GINI coefficients exceeding 0.45 are at higher risk of homicide by firearm.

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Crime Statistics: Gun Violence and Income Inequality

In 2015, at least 892 "hate" groups were operating throughout the United States, according to Southern Poverty Law Center (SPLC). This represents a 14 percent increase from the 784 groups recorded a year before. Still, the current figures are lower than the all-time high in 2011 as traditional organised extremism continues to shrink in favor of collective and individual cyber-based activism. The SPLC defines a hate group as an organised movement that has beliefs or practices that attack or...

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Active Hate Groups in the United States, 2003-2015

Since the 1950s, the BP Statistical Review of World Energy has delivered objective and globally consistent data on world energy markets. The publication has become a widely respected and authoritative publication in the field of energy economics, relied on by media outlets, academia, world governments, and energy companies alike. BP publishes a new edition each June and typically conducts a road show to launch the report in the months preceding the official release. The 2016 edition...

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BP Statistical Review of World Energy, 2016

Official statistics for any country reflect registered, transparent economic transactions, by default failing to capture the full breadth of economic activity that can emanate from the "shadow economy." The so called shadow economy is any economic activity that is deliberately concealed from public authorities to avoid payment of income, value added or other taxes; to avoid payment of social security contributions; having to meet certain legal labour market standards, such as minimum wages,...

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How big is the shadow economy?

Constantly increasing globalization and integration of the world, often emphasized in the modern times, is carried out mostly through merchandise trade. Nowadays, wide variety of goods are involved in merchandise trade, but traditional ones, such as fuels, mining products, machinery and transport still remain most tradable. International trade of services, including transport, tourism and financial services, is also gaining momentum headed by the US as the world leader in exports and imports of...

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Foreign Trade

Times Higher Education recognized the University of Oxford as the world's top university of 2017, snatching the top spot away from the California Institute of Technology, which had held the top rank since 2012 when it displaced Harvard University. This is the first year in the history of this ranking that a university from the UK has held the top spot. The World University Ranking by the Times Higher Education assesses research-intensive universities of different countries around the world...

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Times Higher Education World University Ranking

As part of the US Energy Information Administration (EIA) Energy and Financial Markets Initiative, the EIA is moving beyond its traditional coverage of the physical fundamentals of global oil markets to understand global energy prices moments. In addition to assessing factors such as energy consumption, production, inventories, spare production capacity, and geopolitical risks, EIA will now examine other influences, such as futures market trading activity, commodity investment, exchange rates,...

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What Drives Global Crude Oil Prices?

(October 2016) - Renewable energy resources have increasingly become mainstream energy soures worldwide, catapulted by new capacity in developing countries. Depending on the source, renewable energy has or is poised to surpass coal to become the world's largest source of electrical power capacity. The International Energy Agency (IEA) in its most recent medium-term renewable market report said that this transition occurred during 2015, while according to the latest energy outlook by the US...

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Renewable Energy

Polish capital Warsaw is the most affordable city among 40 countries worldwide to drink a bottle of beer according to the study conducted by popular tourist portal GoEuro. 33cl bottle of beer in this city costs in average 0.79 euros. Next 4 the cheapest countries are Germany, Czech Republic, Portugal and Ireland. In bulk, European countries are favorable to have a quick one with the exception of Sweden, United Kingdom, Switzerland and Norway. The latter, in fact, is the most expensive country...

Beer Price Index

In the summer of 2014, global oil prices began what would become one of the sharpest rates of decline in years. By January 2015, global oil prices plunged to the lowest values since the depths of the 2009 global recession. After only a slight reprieve, August rolled around and Brent, a global oil price benchmark grade, was trading still lower at around $49 per barrel, a roughly 55 percent decrease since July 2014. The American benchmark crude oil, West Texas Intermediate (WTI), was trading at...

Global Oil Prices: What's Behind the Drop?

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