Search results “Stimulate investment in the country”
O’Neill: investment on infrastructures will stimulate SME sector and grow the economy
The Prime Minister, Peter O’Neill, says the country has a debt level of 21.9 billion kina as of last year. He said the investment on infrastructures such as roads, bridges and wharves will stimulate the SME sector and grow the economy. The PM spoke on FM100’s talkback show on Thursday. - visit us at http://www.emtv.com.pg/ for the latest news...
Views: 64 EMTV Online
#Cradlerocks Video
Cradle Fund Sdn Bhd (Cradle) is Malaysia's early stage start-up influencer, incorporated under the Ministry of Finance Malaysia (MOF) in 2003 with a mandate to fund potential and high-calibre tech start-ups through its Cradle Investment Programme (CIP). Throughout its 15-years history, Cradle has helped fund over 700 Malaysian tech start-ups and holds the highest commercialisation rate amongst government grants in the country. Having more than a decade of experience in the nation's grant funding scene, Cradle further expanded its role from grant provider to investor through the establishment of its venture arm, Cradle Seed Ventures in 2015 and following its portfolio expansion to equity investment in early 2017, Cradle now offers both funding and investment assistance through its Cradle Investment Programme 300 (CIP300) and Direct Equity 800 (DEQ800). Cradle also runs a market-driven programme to train entrepreneurs and administers the Angel Tax Incentive (ATIO), designed for angel investors to be accorded a tax deduction of up to RM500, 000 to stimulate and encourage angel investments from private sector into technology based start-up companies in Malaysia. Cradle's product offerings are not only restricted to monetary aid, but also include commercialisation support, coaching and various other value-added services to cater today's entrepreneurs' diversified needs. For more information on Cradle, please visit www.cradle.com.my
Views: 1465 Cradle TV
Ramaphosa Says South Africa's $100 Billion Investment Drive Ahead of Target
Oct.26 -- South African President Cyril Ramaphosa discusses progress on an investment drive to raise $100 billion over the next five years as the country seeks to stimulate economic growth, fix state-owned companies and root out corruption. He talks with Bloomberg's Guy Johnson in Johannesburg on "Bloomberg Markets: European Open."
Views: 569 Bloomberg Politics
Portugal looks toward Namibia for investment
A business delegation from Portugal is currently in the country, as part of a business prospecting mission to stimulate investment and bilateral trade in three SADC countries. These are Namibia, Botswana and Malawi.
Views: 50 One Africa TV
How to Stimulate the economy!! more jobs, More money for everyone! Fix the country!!!!!
Quit being greedy you heads of business. use capitalism, But QUIT TAKING ADVANTAGE OF IT!! or else, The gov will have to step in to save lives once we pass carrying capacity, which we may have already done. NEXT VIDEO, CARRYING CAPACITY!! the horrible truth of things yet to come.
Views: 131 FixTheCountry
Lao NEWS on LNTV: The Lao government will promote  foreign direct investment with Japan 12/3/2014
VO The Lao government will promote foreign direct investment with Japan by improving the country's legal process INTRO: The Lao government will promote foreign direct investment with Japan by improving the country's legal process According to the Minister of Planning and Investment, improving the country's legal process, especially laws related to investment. Details with our news team Thipphaphone Vongphothong STORY: Speaking at the seventh annual Lao-Japan Public and Private Sector Dialogue or Lao-Japan PPSD meeting in Vientiane where attended by Ambassador of Japan to Laos, Hiroyuki Kishino, along with public sector officials and business leaders from the two countries Minister of Planning and Investment, Somdy Duangdy said the meeting was a platform for the business sectors of Japanese and Laos to discuss ways to improve the business climate between the two sides. He said, it is a continuation of cooperation between the Lao and Japanese business sectors to seek a proper solution to the remaining barriers in business cooperation and to improve business operations. According to him, the Lao government places a priority on investment in the private sector in Laos and has welcomed foreign direct investment by improving laws on investment and other regulations since 1988. The latest set of laws for investment was introduced in 2009 to attract more investment in Laos. According to the Minister of Planning and Investment said, from 1990 to 2012 Japan had investment in 88 projects in Laos, worth almost US$ 400 million, and Japan was ranked sixth for foreign investment in Laos. At the meeting, Lao delegates presented their new action plan in response to new recommendations, which were presented by Japan last year, to help stimulate investment. Participants also heard about the steps being taken by the Japanese Chamber of Commerce and Industry and the Lao authorities to address and clarify legal and policy procedures as well as taxation and accounting practices that can deter Japanese companies from investing in Laos. Interview: Hiroyuki Kishino, Ambassador of Japan to Laos .... English... According to Ambassador of Japan to Laos, Hiroyuki Kishino, The first meeting of the two parties was held in 2007, during which Japan proposed a series of recommendations to help promote investment in Laos. A year later, at the second meeting, Lao delegates presented Japan with their action plan to implement the recommendations. Interview: Hiroyuki Kishino, Ambassador of Japan to Laos .... English... Since then, the annual meeting has been organised using the same process to improve the investment climate in the country.
Views: 1357 LNTV English NEWS
Investing in Africa's Agriculture
Agriculture has long been touted as the underdog in many African countries; not fully developed, but bursting with unrealized potential. CCTV's Angelo Coppola filed this report from the International Food and Agribusiness Management Association's annual meeting in Cape Town.
Views: 5956 CGTN Africa
Sherzod Shermatov: On measures taken by the Government of Uzb to stimulate innovation development
Deputy Minister for Innovative Development Sherzod Shermatov highlighted issues of investing in science and innovation. He mentioned that in Uzbekistan the share of investment in research and development makes 0.2% of the country's GDP. This is 20 times less than similar figures for Israel and South Korea. According to the Global Index of Innovative Development in 2015, Uzbekistan ranked 122th among 141 countries.
Views: 137 UNDP Uzbekistan
Countries consider controversial policy to stimulate economy
The U.S. central bank is thinking about so-called negative interest rates, which Japan's monetary authorities recently introduced to kick-start growth. The aim is to spur the economy with a shove rather than a push. It is unconventional and risky. As of December the ECB charges banks 0.3 percent to hold their cash overnight. And 2 weeks ago the Bank of Japan stunned the market by adopting a negative interest-rate strategy. For a deeper look at the global economy, David Goldin spoke to CCTV America. David Goldin is Founder, President & CEO of Capify, a small-business lender in the United States.
Views: 153 CGTN America
Experts struggling with questions on how to stimulate Uganda's economic growth
There is no doubt a continuous search for answers on how Uganda’s growth can be reawakened is on, and this time around the International Monetary Fund has joined the search for answers because the old rosy economic growth story is no more. At this point, it is not clear if Uganda will continue its programme with the IMF called the Policy support instrument which involved advice and critiquing of Uganda’s macroeconomic policies. Subscribe to Our Channel For more news visit http://www.ntv.co.ug Follow us on Twitter http://www.twitter.com/ntvuganda Like our Facebook page http://www.facebook.com/NTVUganda
Views: 577 NTVUganda
Africa's growing population to stimulate economic growth
The IMF says the majority of countries in sub-Saharan Africa are on the cusp of a significant demographic transition. This shift will see a decrease in the very young and elderly and a major upswing in those in the working age range...15 to 64. That's significant because throughout recent times.. in other global region's this transition has generally led to higher savings, incomes, and economic growth. It's predicted by 2030.. sub-Saharan Africa's contribution to the increase in the global labor force will exceed the rest of the world combined. This shift will provide African economies with significant opportunities.. but also a host of challenges. As populations grow so too do the need for services, infrastructure and employment.
Views: 1638 CGTN Africa
South Africa raises $20 billion in new investment pledges
South African President Cyril Ramaphosa announced on Friday his country has raised $20 billion in investment commitments made by several companies. Local and international companies made pledges on Friday at an investment summit held in Johannesburg. “Today marks an important milestone along our journey of establishing South Africa as an investment destination of choice,” he said. South Africa gets $20 billion of investment pledges at conference – Pres. Ramaphosa https://t.co/kFHNJBBNXE&a… READ MORE : http://www.africanews.com/2018/10/27/south-africa-raises-20-billion-in-new-investment-pledges Africanews on YouTube brings you a daily dose of news, produced and realised in Africa, by and for Africans. Africanews is the first pan-African multilingual media outlet, unique in its concept and vision. Subscribe on our Youtube channel https://www.youtube.com/c/africanews and receive all the latest news from the continent. Africanews is available in English and French. Website : www.africanews.com Facebook : https://www.facebook.com/africanews.channel/ Twitter : https://twitter.com/africanews
Views: 798 africanews
NPA, investors urge government on how to stimulate fragile economy
Industry and agricultural sectors of the economy having rolled backwards in the past year, now implies that specific directions must be adopted, to retrieve them from dismal contribution to the country’s Gross Domestic Product GDP. The National Planning Authority, continues to tickle government on the need to deploy strategic efforts on how it will achieve a 7% economic growth over the mid term, as captured in the Budget Strategy for the new FY 2018/2019. Govt has since set out a target in the National Export Development Strategy to secure nearly $10 Billion ( 36 Trillion) in export returns over the next 5 years once 2.7 Trillion Shillings is invested today in propping up the sector. Subscribe to Our Channel For more news visit http://www.ntv.co.ug Follow us on Twitter http://www.twitter.com/ntvuganda Like our Facebook page http://www.facebook.com/NTVUganda
Views: 105 NTVUganda
President Ramaphosa  officially opened SA Investment Summit
President Cyril Ramaphosa officially opened the South Africa Investment Conference in Sandton, Johannesburg by inviting the private sector and overseas companies to invest in the country's infrastructure and manufacturing sectors. For more news, visit: sabcnews.com
Views: 566 SABC Digital News
Chinese technology, investments boost African farms
With help from the Chinese government, many Chinese companies have built large farms and farming technology demonstration centers across Africa. In order to guarantee the food supply and speed up their agricultural development, many African countries are hoping to expand cooperation with China.
Views: 22686 CGTN Africa
How The Economic Machine Works by Ray Dalio
Economics 101 -- "How the Economic Machine Works." Created by Ray Dalio this simple but not simplistic and easy to follow 30 minute, animated video answers the question, "How does the economy really work?" Based on Dalio's practical template for understanding the economy, which he developed over the course of his career, the video breaks down economic concepts like credit, deficits and interest rates, allowing viewers to learn the basic driving forces behind the economy, how economic policies work and why economic cycles occur. To learn more about Economic Principles visit: http://www.economicprinciples.org. [Also Available In Chinese] 经济这台机器是怎样运行的: http://www.youtube.com/watch?v=-ZbeYejg9Pk [Also Available In Russian] Как действует экономическая машина. Автор: Рэй Далио (на русском языке): http://youtu.be/8BaNOlIfMLE
Views: 6368243 Principles by Ray Dalio
Why invest in Bulgaria
Bloomstart Ltd. presents to you the following facts about Bulgaria: A sustainable growth, a stable political and economic environment combines for the overall attractiveness of Bulgaria: EU and NATO membership, high GDP growth, low corporate tax and a stable political situation. (10%) Decreasing interest rate trend: legal and financial sectors in Bulgaria are becoming more established, offering improving mortgage vehicles, a stable purchasing structure: • Current mortgage interest rates of 6-8% provided by local banks (DSK, Piraeus, First Investment Bank, UBB, etc.....) • alternative real estate financing on the rise (leasing scheme) Increased foreign direct and indirect investment in Bulgaria: • FDI stands for 9.7% of the Bulgaria GDP in 2005 (Austria, Greece, Germany) • FDI inflow forecast at 3 billion EUR for 2006 (2.4 billion in 2005) Foreign direct and indirect investment in Bulgaria is determined by: • the full EU and NATO membership • growing economy with currency tied to EURO • the government continuing to stimulate private investment through a tax cut -- corporate tax were reduced to 15% in 2005 and has been lowered to 10 % since the 1st of January • expanding tourist industry: o net revenue from tourism in 2005: 1 billion (+12% compared toBSR_General_Brochure0003_copy.jpg 2004) o tourism stands for 12% of the Bulgarian GDP o 43% tourist increases between 2002 and 2006 o 36% British tourists between 2004 and 2005: 1.2 million British tourists expected to choose Bulgaria as their holiday destination in 2008 (100,000 in 2002 to 400,000 in 2005) o 122% Irish tourists between 2004 and 2005 Stable macroeconomic indicators: • strong GDP growth: 5.3% on average between 2002 and 2006 • inflation for the first 6 month in 2006 stands at 2.9% (6% in 2002) unemployment rate has steadily decreased to 8.6% by Oct 06 (16% in 2003) • improved credit rating: BBB Highly competitive Business environment: • lowest operating costs in eastern Europe: average salary of 200 € in June 2006 (850 € Croatia, 700 € Czech republic, 600 € Hungary, 300 € Romania) • solid legal framework • Excellent technical skills of the workforce • Excellent educational system Growth potential: • fast developing real estate market • liberal foreign investment laws of improving bank mortgage system • stable political and economic environment • excellent return on investment: as in any under-saturated market, the pioneers have taken greater risks and enjoyed greater returns. And, as those markets begin to mature and stabilize, more conservative large-scale investors are entering them, knowing they would be looking at a relative more modest profit but in a more secure environment: o 50% capital return in 2004 o 36% capital gain appreciation in 2005 o 18% average property appreciation for 2006 o 22,6% increase just for June, July and August of 2007 • lack of currency risk (BGN pegged to the EURO under stable currency board) • significant foreign investment in real estate (in 2006, out of 261000 forecasted to be closed, foreign-residents are involved in 25% of the sales) • the prediction that property prices would double in the next five to six years is "realistic". Bulgaria still features among the top property investment destinations but fast profit opportunities are decreasing. Real estate market trends, stronger market for 3 main reasons: BSR_General_Brochure0007_copy.jpgforeigners have bought properties worth a total of 538 mln EUR in 2005: • increasing EU funding and FDI: o Bulgaria received 500 million EUR per year between 2004 and 2006 (around 2% of its GDP) o the EU will invest around 4.5 billion in Bulgaria in its first two years after accession o within the seven-year budget for the 2007-2013 period approved by the leaders of EU countries the funds for Bulgaria stand at EUR 11.113 B o and FDI flowing into the country (improvement of the infrastructure year on year) • increasing average disposable income for Bulgarians (+ 25% in five years) • decreasing interest rates on mortgages (from 14% in 2003 to 7% in 2005)
Views: 5736 valmil79
Invest SA One Stop shop
On Tuesday 9 February, President Jacob Zuma, accompanied by Cabinet ministers, had talks with more than 150 CEOs of major companies and captains of industry in South Africa at the Cape Sun Hotel in Cape Town. The meeting aimed to find ways to improve investor confidence and stimulate economic growth in the country. During the luncheon, President Zuma announced the launch of the Department of Trade and Industry's Investment Division, which will offer investors a one-stop shop service and actively promote and facilitate investment in key high-yield growth sectors.
Views: 314 thedtiSouthAfrica
With more than 1.2 billion people, India is the world’s second most populous country and widely considered to be a leading innovation “hot spot”. India’s rapidly expanding technology and industrial sectors coupled with its entrepreneurial spirit and drive hold great promise for the future. India Leaders Special thanks to Ratan Tata, Naveen Jain and Paresh Ghelani for their insights, expertise and leadership as we launch XPRIZE in India. http://www.xprize.org/about/xprize-in-india --------------------------------------- ABOUT XPRIZE XPRIZE is an educational (501c3) nonprofit organization whose mission is to bring about radical breakthroughs for the benefit of humanity, thereby inspiring the formation of new industries and the revitalization of markets that are currently stuck due to existing failures or a commonly held belief that a solution is not possible. XPRIZE addresses the world's Grand Challenges by creating and managing large-scale, high-profile, incentivized prize competitions that stimulate investment in research and development worth far more than the prize itself. It motivates and inspires brilliant innovators from all disciplines to leverage their intellectual and financial capital.
Views: 7055 XPRIZE
Beyond oil: Saudi Arabia's 🇸🇦 2030 economic vision - Counting the Cost
Gulf nations need to diversify their economies and move away from oil dependency, says the International Monetary Fund (IMF). This warning comes as Saudi Arabia continues to work out how to sell around five percent of its state-run oil producer, Aramco - a deal that could raise more than $100bn. The plan is at the heart of an ambitious economic reform programme, which includes a new $500bn megacity near the Red Sea. It's hoped the extra money from the sale will make Saudi Arabia less reliant on the black gold in the long term. The kingdom is experiencing a recession after shrinking in two consecutive quarters for the first time since 2009. Growth this year is expected to be close to zero. Saudi Arabia's budget deficit currently stands at 9.3 percent of its gross domestic product (GDP), it has suffered due to recent low oil prices. And unemployment edged up in the second quarter to nearly 13 percent - although that number is far higher for under 29-year-olds. Examining Saudi's 2030 vision, Ayham Kamel, head of Middle East and North Africa research at the Eurasia Group, explains, "it's a vision, it's aspirational more than anything. They're trying to implement key parts of it. It's fundamentally changing the kingdom's political and social structure in a movement that's much more viable - fiscally and regionally." Kamel says Saudi Arabia's "short-term challenges are very linked to oil prices." But in the long-term, the kingdom "needs to have an economy that is not oil or energy based" in order to curb unemployment and deal with other structural issues. This explains why they're trying to "get the private sector to play a bigger part in the economy. This is practically the end of the Saudi-state dictating all economic activity." While the country is open to foreign investment, "it's domestic investment that's important for Saudi Arabia right now - finding ways to stimulate the economy... and shift it towards something less based on energy. That diversification drive is why the state needs to sell a piece of Aramco," says Kamel. Also on this episode of Counting the Cost: Britain's central bank raises interest rates: The Bank of England has raised its key interest rate for the first time in a decade. The 0.25 percent hike was widely expected. British policymakers are trying to dampen inflation which has been ticking steadily higher. But with concerns over the country's Brexit-dented economy, which dilemmas in the current landscape might now be worrying the bank's governor the most? Jeremy Cook, chief economist and head of currency strategy of World First in the United Kingdom offers his take. Turkey's economy: Turkey's economic growth is one of the fastest among the world's 20 largest economies. Its gross domestic product recently topped 5 percent, something only bettered by China and India. But it's also dealing with high inflation and a falling lira. Sinem Koseoglu reports from Istanbul. Murat Yulek, professor of economics at Istanbul Commerce University, discusses challenges ahead. Nigeria oil clean-up: The clean up of a contaminated fishing community in Nigeria has finally begun, almost 10 years after two oil spills. Shell pipelines had corroded and the result saw millions of litres of crude oil pour into creeks and swamps around the Niger Delta. Ahmed Idris reports from Bodo. Qatar's water reservoirs: The construction of five water reservoirs in Qatar are almost complete. Once finished, they will be among the world’s largest reservoirs, with a capacity of some 100 million gallons of water each, as Laura Burdon-Manley reports from Doha. More from Counting the Cost on: YouTube - http://aje.io/countingthecostYT Website - http://aljazeera.com/countingthecost/
Views: 24345 Al Jazeera English
Evaluating the Effectiveness of Monetary Policy During Recessions
Monetary Policy is often employed during recessions to try and stimulate aggregate demand by reducing interest rates in the banking system. The effectiveness of these policies, however, depends on just how responsive the private sector is to decreases in the interest rate initiated by the central bank. During mild recessions, when Investment demand is still relatively strong and businesses will respond to lower interest rates by demanding more funds for capital investments, expansionary monetary policy can be relatively effective at stimulating aggregate demand and moving the economy back towards its full employment level of output. However, if a country is in a deep recession, then investment demand will be weak and businesses will be relatively unresponsive to lower interest rates, as low confidence and the expectation of future deflation creates a strong incentive to save, rather than invest. This lesson will use the money market diagram and the investment demand curve in the loanable funds market to evaluate the effectiveness of monetary policy during recessions. Based on this evaluation, we can better understand the circumstances under which expansionary fiscal policy may be justified, despite its effect on deficits and debt. Want to learn more about economics, or just be ready for an upcoming quiz, test or end of year exam? Jason Welker is available for tutoring, IB internal assessment and extended essay support, and other services to support economics students and teachers. Learn more here! http://econclassroom.com/?page_id=5870
Views: 16164 Jason Welker
Ramaphosa's R50-billion programme to boost economic growth
President Cyril Ramaphosa has announced a R50-billion rand infrastructure programme aimed at stimulating economic growth and job creation. The president made the announcement this morning ahead of his departure to the United Nations on Saturday. President Cyril Ramaphosa has announced a plan to revitalise the economy and put it on a firmer footing and address socio economic challenges.The president says given the contraction of the economy, it is evident that the country's challenges are huge. The stimulus package include financial and non-financial interventions aimed at boosting investor confidence, economic activity, job creation and addressing service delivery challenges. Economists have given it a nod and a thumbs up saying re- prioritising 50 billion rand to boost economic growth and create jobs while remaining defecit neutral, thus saving the country money For more news, visit: sabcnews.com
Views: 588 SABC Digital News
MaximsNewsNetwork: 09 September 2009 - United Nations: Former US President Bill Clinton, the UN Special Envoy to Haiti set to open today's Security Council meeting on that country. Former US president Bill Clinton told the UN Security Council today (9 September) that the international community needed to help Haiti grasp a remarkable opportunity to rebuild and develop after last years hurricanes. Speaking in his capacity as UN special envoy for Haiti, Clinton listed the challenges facing the impoverished Caribbean nation: devastation caused by last years storms, an absence of basic infrastructure, inadequacies in health, education and other areas, and the very severe environmental degradation resulting from deforestation. But he expressed optimism that Haiti could escape the chains of its past. Clinton, who took up the one-dollar-a-year job of UN special envoy earlier this year to help support the Haitian governments efforts in tackling the countrys many challenges, said it should be a priority to promote the business opportunities arising from a recently improved security environment in Haiti. He told delegates that he would lead a trade mission to the country next month to help stimulate investment. The former US president said that Haiti now had a great set of leaders down there, and concluded that we can turn this around for the long-suffering people of Haiti. Updating the Council on the work of the UN peacekeeping mission in Haiti (MINUSTAH), the missions head Hédi Annabi reported that the security situation had improved and said that the Haitian government was engaged in "constructive dialogue" with all political parties to bring democratic reform, develop the economy and rebuild the country. But Annabi cautioned that we must not lower our guard prematurely before these advances have been consolidated, pointing to the potential for resumed activity by gangs, criminals and other armed groups, corruption and violence associated with illegal trafficking, and the risk civil unrest, in particular in connection with upcoming elections. MINUSTAH, with about 10,000 military and civilian personnel, has been helping Port-au-Prince with security and to train a police force. In his latest report on the missions work released last week, UN Secretary-General Ban Ki-moon recommended a 12-month extension of the missions mandate, through 15 October 2010, with some adjustments to enable it to deploy rapidly and to monitor remote locations, such as border areas and the countrys coastline. Haitis Prime Minister Michèle Duvivier Pierre-Louis also addressed the Council today, saying that the government was resolutely committed to creating conditions that will give confidence to local and foreign investors. She said good and lasting jobs which can also respect the environment were the biggest priority. Earlier this year, UN Secretary-General Ban Ki-moon accompanied Bill Clinton on a trip to Haiti in order to draw international attention to the the countrys recovery and reconstruction needs following multiple natural disasters last year, while showcasing opportunities for foreign investment. During their trip, Ban and Clinton visited a garment factory employing 1,000 workers. MaximsNewsNetwork: News Network for the United Nations and the International Community. See: http://www.MaximsNews.com. "GIVING POWER & RESONANCE TO THE VOICE OF THE INTERNATIONAL COMMUNITY" .
Views: 1832 MaximsNewsNetwork
ASEAN 2017 Business and Investment Program Launch (Speech) 1/24/2017
Rizal Hall, Malacañan Palace January 24, 2017 President Rodrigo Roa Duterte outlined several priorities as the country chairs this year’s 30th and 31st Association of the Southeast Asian Nations (ASEAN) Summits during his message in the ceremonial launching and unveiling of the ASEAN 2017 Business and Investment Program (ABIP) at the Rizal Hall in Malacañan Palace. In his speech, President Duterte said he wants to make micro, small and medium enterprises (MSMEs) active and competitive towards integration into the national and regional value chains; invest in the areas of technology, innovation and creativity that would spur growth in existing industries, as well as stimulate new ones, including start-ups; and empower women to achieve full economic potential and to bridge gender gap that would yield US$9-billion additional output to East and Southeast Asian economies in 2025. “I urge you all—our business leaders and enterprises—to take an active part in vital programs developed to support initiatives under the Philippines’ ASEAN Chairmanship,” the President said. Trade Secretary Ramon Lopez also revealed the yearlong plans of the Department of Trade and Industry as it chairs the ASEAN’s Committee on Business and Investment Promotion (CBIP). Among the lined-up activities are the ASEAN MSMEs-Mentor Conference in April that coincides with the Leaders’ Summit; the ASEAN Creative Cities Forum and Exhibit that would showcase 10 ASEAN member states including the hosting of the International Food Exposition (IFEX) in May; the ASEAN Women’s Business Conference in August; the 2nd ASEAN Young Entrepreneurs Carnival in September; the Slingshot event in October, which is spearheaded by DTI, to create a regional network of ASEAN ecosystem players composed of start-ups, investors, mentors, academe, and industry experts; and an MSME Summit that will be held towards the end of the year. “We shall work hand-in-hand in creating paths that will lead our people and our communities towards a truly inclusive, innovation-led shared prosperity,” Secretary Lopez said. Also joining the President on stage during the event were former President and now 2nd District Pampanga Representative Gloria Macapagal-Arroyo, Executive Secretary Salvador C. Medialdea, and ASEAN Business Advisory Council (ABAC) Chairman Jose Maria Concepcion III. *** Connect with RTVM Website: http://rtvm.gov.ph Facebook: www.facebook.com/presidentialcom Twitter: @RTVMalacanang Google+: google.com/+RTVMalacanang Instagram: @RTVMalacanang
Views: 1565 RTVMalacanang
Gov't to Scale Down Internal Borrowing
The latest World Bank report on the state of Uganda’s economy attributed the slowdown in the economy to volatilities arising from national elections, a slowing and a volatile global economy and the declining commodity prices. This according to the World Bank Chief Economist Rachael Ssebude has affected the various economic activities resulting in low investments in the country. The economic slump is as well blamed on government internal borrowing that has resulted into government competing with the private sector for loans. Commercial Banks have in most cases preferred lending government at higher interest rates than private sector players. This, the report says is responsible for the poor performance of the manufacturing sector that declined to 0.4 percent from 11 per cent and industry from 7.8 to 3 percent in the ending Financial year. Government has been borrowing over a trillion shilling from commercial Banks, the reason key players at the treasury want this figure scaled down to ensure the private sector accesses credit to invest and stimulate the economy. Recently, manufacturers, who are key drivers of the economy, raised a red flag, warning that Uganda’s economy was weakening, citing the high power tariffs and taxes. Uganda’s economy used to perform above the rest of the East Africa members states, but has since moved below all with Tanzania at 7%and Kenya at 6%. The slump is also being blamed on slow growth of the private sector that is expected to stimulate the economy. But according to the Uganda National Bureau of Statistics, the economy has continued to grow in size, expanding by 55.7 trillion shillings from 53.2 trillion in the last financial year. This was aided by the better performance of sectors like Agriculture that grew by 3.2 percent, up from 2.3 per cent, with the main contributors being cash crops. UBOS also points to growth in the service sector that grew from 6.6 per cent from 4.5 over the same period, with the main contributors being transportation and storage. The current situation according to World Bank means that government will not realize all the taxes it had planned in the Budget for this financial year ending on June 30, 2016, since even the Foreign Direct investment have reduced from 1.1 US dollars in the year ending December 2014 to 0.8bn in December 2015. The UBOS says taxes on products have also been hit so much, registering a growth rate of 0.5 per cent down from 9.4 per cent last financial year.
Views: 108 NBS TV Uganda
euronews interview - Rehn: 'Greece will be in the euro next year'
http://www.euronews.com/ Finland's Olli Rehn is a three-time EU Commissioner, currently in charge of Economic and Financial Affairs; a pretty thankless watch considering the constant turmoil since he took office. As the EU and eurozone enter uncharted territory with the Greek political crisis, a potential change of direction from France, and deepening cracks in Spain's economy a perfect storm appears to be on the horizon. In an interview with euronews he plots a course for recovery. Paul Hackett, euronews. ''Commissioner Rehn, thanks for being with us. The economic road map proposed by you here in Brussels, proposed by Berlin, seems this month to have been rejected by French and Greek voters. Don't you think it's time to change the approach?'' Vice-President of the EU Commission, Olli Rehn. ''I think it's important that we in Europe now combine fiscal consolidation and sustainable growth.'' euronews: ''What do you actually mean by growth? Growth is like world peace, everybody wants it: but what exactly do you mean by growth?'' Olli Rehn: ''That's precisely the problem in the current debate and therefore we have to substantiate and we have to tell the people how growth will come about. Our view is that we have to stay the course on fiscal consolidation because we can not grow by piling new debt on existing debt..." euronews: ''So its more of the same austerity, isn't it?" Olli Rehn: ''...Can you, if you listen to me, I'll tell you. So, first, we have to stay the course on fiscal consolidation and in parallel we have to reinforce the actions in the field of investment both concerning how to boost public and stimulate private investment.'' euronews: How do you do that? Olli Rehn: ''Well, you do it first of all by creating confidence in the economy, which means you have to resolve the sovereign debt crisis and mitigate banking sector fragilities in order to have credit flowing in the economy, and in parallel you can use public banks and public investment such as the European Investment Bank. We need to stimulate private investment with that, because there is plenty of private money in Europe at the moment, but it is not going into investments.'' euronews: ''But a lot of commentators are saying this is only going to tweak the current recipe.'' Olli Rehn: ''I don't see how you can say that's a small tweak. If you put 10 billion euros in the European Investment Bank you get 60 billion euros of lending by the EIB which can altogether imply, with leverage, around 180 billion euros of investment in infrastructure and innovation in energy and green growth in Europe. I don't think that is insignificant. On the contrary.'' euronews: "What does Greece need to do to stay in the euro? " Olli Rehn: ''We talk about Greece. For Greece it is important that the country will be able to, and the political leaders in the country, will be able to form a coalition government..." euronews: ''It doesn't look like it's going to......'' Olli Rehn: ".....and it's able to bring the country out of its current difficult situation. And to support growth and employment enhancing policies over economic reforms and fiscal adjustment.'' euronews: ''What if it can't form a coalition government, what then?'' Olli Rehn: ''Let's not speculate on scenarios which are not yet happening. I trust that Greek political leaders will realise the seriousness of the situation and try to form a coalition government soon.'' euronews: ''Would it be a disaster now if Greece did leave the euro?'' Olli Rehn: ''I do not want to speculate on the question of possible exit of Greece from the euro. I do not want to imagine the worst if it is not necessary. It's more important now to be determined, especially in Greece, in order to form a coalition government and in a convincing manner tackle the economic challenges of the country.'' euronews: ''The Commission President, Jose Manuel Barroso, has spoken about the fiscal compact being intelligent, being adaptable: does that mean less pain for Spain?'' Olli Rehn: ''Spain has formidable economic challenges, largely because of the accumulated external imbalances, because of the credit boom in the past decade, and the property bubble which has burst. And inevitably it will still take some time before this readjustment has been concluded.'' euronews: ''Will it get the year that it needs to bring down deficits?'' Olli Rehn: Find us on: Youtube http://bit.ly/zr3upY Facebook http://www.facebook.com/euronews.fans Twitter http://twitter.com/euronews
Views: 1719 euronews (in English)
Five Cities That Got F*cked by Hosting the Olympics
Every four years with the Olympics, municipalities compete to host the winter and summer games and virtually always plunge their cities and sometimes even their home countries into massive debt and insolvency. _____ Subscribe to our YouTube channel: http://youtube.com/reasontv Like us on Facebook: https://www.facebook.com/Reason.Magazine/ Follow us on Twitter: https://twitter.com/reason Subscribe to our podcast at iTunes: https://goo.gl/az3a7a Reason is the planet's leading source of news, politics, and culture from a libertarian perspective. Go to reason.com for a point of view you won't get from legacy media and old left-right opinion magazines. _____ Why? Because host cities inevitably spend double or more over initial estimates, fewer people show up than expected, and the International Olympic Committee, or IOC, takes bigger and bigger cuts of TV and other revenue streams. Sports economist Andrew Zimbalist says that a typical Summer Olympics generates up to $6 billion in revenue, at least half of which goes to the IOC. Winter Games generate even less money despite often being more expensive to host than Summer Games. Cities routinely claim that whatever money they spend on new facilities will stimulate the local economy for decades to come. With the recent announcement that Paris will host the 2024 Summer Games and Los Angeles will host the 2028 Summer Games, here are five cities that got fucked by hosting the Olympics. Athens, Greece, 2004. Athens is the birthplace of the ancient games that inspired today's modern municipal money pits. Its 2004, Games cost $16 billion, or 10 times the original estimate. By 2010, more than half the venues built for the event were underused, completely empty, or literally falling apart. Sochi, Russia, 2014. At $50 billion, the Sochi Winter Games cost more than all previous Winter Olympics combined, paid for by a dwindling supply of Russian petro dollars and gold bullion. Boris Nemtsov documented that $21 billion went to "embezzlement and kickbacks" for businessmen friends of Vladimir Putin. Nemtsov was later assassinated. Rio de Janiero, Brazil, 2016. Plagued by low ticket sales partly due to the outbreak of the Zika virus, the Rio games ended up costing $20 billion rather than the $13 billion backers claimed. The Olympics were hosted on the heels of the 2014 World Cup, which also cost a ton of loot, and the showplace Maracana stadium, which got a $500 million makeover, was "largely abandoned" soon after the games and had thousands of seats ripped out by vandals. Beijing, China, 2008. The Beijing Games cost $42 billion, a record at the time, even though Amnesty International charged that the Chinese government used forced labor to build many of the venues. The IOC didn't mind the stratospheric costs or crackdowns on dissent, though: It awarded Beijing the 2022 Winter Games. Montreal, Canada, 1976. The mayor of Montreal declared that the Olympics "can no more have a deficit than a man can have a baby." Unfortunately, it took Montreal 30 years to pay off its debt just for the main stadium built for the 1976 Summer Games. If there's good news here, it's that cities seem to be wising up: Paris and Los Angeles were the only two cities to bid on the 2024 Olympic Games and IOC was so anxious that there wouldn't be enough applications for 2028, that it pre-emptively awarded it to LA. But just like with professional sports teams that extort tax dollars and subsidies for stadiums that never pay back their inflated costs, it's likely the Olympics will keep finding new suckers for one of the oldest scams in sports. Produced by Todd Krainin. Written and narrated by Nick Gillespie, and based on an article by Ed Krayewski. Camera by Jim Epstein.
Views: 683520 ReasonTV
Investing in America: Infrastructure, Competition, Roads, Bridges, Railways, Transit (2014)
Investment in infrastructure is part of the capital accumulation required for economic development and may have an impact on socioeconomic measures of welfare. The causality of infrastructure and economic growth has always been in debate. In developing nations, expansions in electric grids, roadways, and railways show marked growth in economic development. However, the relationship does not remain in advanced nations who witness more and more lower rates of return on such infrastructure investments. Nevertheless, infrastructure yields indirect benefits through the supply chain, land values, small business growth, consumer sales, and social benefits of community development and access to opportunity. The American Society of Civil Engineers cite the many transformative projects that have shaped the growth of the United States including the Transcontinental Railroad that connected major cities from the Atlantic to Pacific coast; the Panama Canal that revolutionized shipment in connected the two oceans in the Western hemisphere; the Interstate Highway System that spawned the mobility of the masses; and still others that include the Hoover Dam, Trans-Alaskan pipeline, and many bridges (the Golden Gate, Brooklyn, and San Francisco–Oakland Bay Bridge).[37] All these efforts are testimony to the infrastructure and economic development correlation. European and Asian development economists have also argued that the existence of modern rail infrastructure is a significant indicator of a country’s economic advancement: this perspective is illustrated notably through the Basic Rail Transportation Infrastructure Index (known as BRTI Index) During the Great Depression of the 1930s, many governments undertook public works projects in order to create jobs and stimulate the economy. The economist John Maynard Keynes provided a theoretical justification for this policy in The General Theory of Employment, Interest and Money,[39] published in 1936. Following the global financial crisis of 2008–2009, some again proposed investing in infrastructure as a means of stimulating the economy (see the American Recovery and Reinvestment Act of 2009). While infrastructure development may initially be damaging to the natural environment, justifying the need to assess environmental impacts, it may contribute in mitigating the "perfect storm" of environmental and energy sustainability, particularly in the role transportation plays in modern society.[40] Offshore wind power in England and Denmark may cause issues to local ecosystems but are incubators to clean energy technology for the surrounding regions. Ethanol production may overuse available farmland in Brazil but have propelled the country to energy independence. High-speed rail may cause noise and wide swathes of rights-of-way through countrysides and urban communities but have helped China, Spain, France, Germany, Japan, and other nations deal with concurrent issues of economic competitiveness, climate change, energy use, and built environment sustainability. Research into packet switching started in the early 1960s. The ARPANET in particular led to the development of protocols for internetworking, where multiple separate networks could be joined together into a network of networks The first two nodes of what would become the ARPANET were interconnected on 29 October 1969.[58] Access to the ARPANET was expanded in 1981 when the National Science Foundation (NSF) developed the Computer Science Network (CSNET). In 1982, the Internet Protocol Suite (TCP/IP) was standardized and the concept of a world-wide network of fully interconnected TCP/IP networks called the Internet was introduced. TCP/IP network access expanded again in 1986 when the National Science Foundation Network (NSFNET) provided access to supercomputer sites in the United States from research and education organizations.[59] Commercial internet service providers (ISPs) began to emerge in the late 1980s and early 1990s. The ARPANET was decommissioned in 1990. The Internet was commercialized in 1995 when NSFNET was decommissioned, removing the last restrictions on the use of the Internet to carry commercial traffic.[60] The Internet started a rapid expansion to Europe and Australia in the mid to late 1980s[61][62] and to Asia in the late 1980s and early 1990s.[63] During the late 1990s, it was estimated that traffic on the public Internet grew by 100 percent per year, while the mean annual growth in the number of Internet users was thought to be between 20% and 50%.[64] As of 31 March 2011, the estimated total number of Internet users was 2.095 billion (30.2% of world population). http://en.wikipedia.org/wiki/Infrastructure
Views: 1424 The Film Archives
Juncker's investment plan: built on sand or solid ground?
Will Juncker be able to amass the 315 billion euros pledged in his new plan to stimulate EU growth? EU Commissioner Moscovici and MEPs Langen and Matias give us their views. Comment on: Google + http://tinyurl.com/orh99s6 Facebook http://www.facebook.com/europeanparliament Twitter https://twitter.com/Europarl_EN EuroparlTV video ID: 49c56c77-403d-4547-a076-a3ef0134eab3
Views: 349 European Parliament
S&P Global lowers Nigeria's rating to B, five levels below investment grade
S&P Global Ratings has downgraded Nigeria's debt, moving the country further into junk territory. The ratings firm lowered Nigeria's rating one level to B, five levels below investment grade. S&P changed Nigeria's outlook from negative to stable, just as the country prepares to issue its first Eurobond before the end of the year. The downgrade is just the latest blow to the economy, which shrank in the last two quarters and is headed for its first full-year recession since 1991. While President Muhammadu Buhari's government announced a record budget for 2016 to stimulate the economy, it is struggling to finance infrastructure projects, as well as pay civil servants' salaries. S&P expects Nigeria's economy to contract 1 percent this year before returning to growth.
Views: 144 CGTN Africa
KIE to conduct incubation and financing program
The Kenya Industrial Estates will be conducting an incubation and financing program targeting micro, small and medium sized enterprises across the country to stimulate growth in the manufacturing sector. Investment and Industry Principal Secretary Patrick Nduati says the government plans to invest more cash in small businesses to create jobs for the youth and grow the contribution of the informal sector to the economy.
Views: 29 KBC Channel 1
Discussing The Bahamian Economy
World Investment News Editor-in-Chief Stan Aron and Project Director Simone Goldsmith discuss the different facets and the potential of the economy of The Bahamas, published in the 2016 July and August edition of Harvard Business Review. World Investment News https://twitter.com/WINNENews https://www.facebook.com/worldinvestmentnews https://www.linkedin.com/company/world-investment-news
Richard Werner: Lower Interest Rates do not stimulate the economy, quantity of credit does.
Richard Andreas Werner (born January 5, 1967) is a German economist who is a professor at the University of Southampton. Werner is a monetary and development economist. He proposed the term quantitative easing, as well as the expression "QE2" referring to the need to implement true quantitative easing as an expansion in credit creation. He also proposed the "Quantity Theory of Credit", which disaggregates credit creation used for GDP transactions on the one hand and financial transactions on the other hand. https://en.m.wikipedia.org/wiki/Richard_Werner From the documentary Princes of the yen. Set in 20th Century Japan the documentary explores the role and power of Central Banks and how they can be used to change a country's economic political and social structures A documentary adaption off the book by Professor Richard Werner. http://m.imdb.com/title/tt4172710/ https://www.amazon.es/Princes-Yen-Central-Bankers-Transformation/dp/0765610493 Source: https://www.youtube.com/watch?v=MechH0ebs_c
Views: 986 Suso Medin
Gender & IDA: Fostering gender equality and empowerment
In the poorest countries, gender inequities acutely limit opportunities for girls and women. Gender equality and the empowerment of women and girls are among the most effective ways to combat poverty, hunger, and disease and to stimulate development that is truly sustainable.  IDA, the World Bank's Fund for the Poorest, has been working to expand girls' access to education and to create other opportunities for empowerment. As the largest source of concessional finance for low-income countries, IDA plays a critical role in investing in women's health and education and ensuring their equal access to economic opportunities. IDA is having a tangible impact on the ground in developing countries. Learn more: http://www.worldbank.org/ida/theme-gender.html IDA is a multi-issue institution, supporting the world's 81 poorest countries through a range of activities that pave the way toward equality, economic growth, job creation, and better living conditions. IDA places emphasis on four areas where support is urgently needed: gender, climate change, fragile and conflict-affected countries, and crisis response.
Views: 40209 World Bank
Macroeconomics - Inflation
This video investigates the causes of inflation as well as the costs of inflation. There are several causes of inflation. These include cost push inflation, demand pull inflation, currency exchange rate induced inflation and inflation caused by monetary policy. Attention is typically given to demand pull inflation and cost push inflation. Demand pull inflation is caused by increases in aggregate demand that cannot be met immediately with existing supply. This is often related to the full or close to full employment of existing resources. As extra capacity does not exist, prices are forced higher. Cost push inflation is at the other end of the spectrum. Demand may not increase but supply becomes limited or more costly. Increased cost or raw material, higher wages or capital can push overall costs up. These cost increases are passed on to consumers in the form of higher prices, hence the occurrence of inflation. Shortages can create the same effect of shifting the supply curve to the left and raising prices. A weaker exchange rate can cause inflation and in some cases hyperinflation. Uncompetitive products produced in the home country can result in higher imports and lower exports, which reduces demand for the country’s currency and therefore, reduces the value of the currency hence, making products and services more expensive (more expensive imports and more expensive imported components of goods). Even more concerning than uncompetitive home produced goods is the outflow of capital. For example, the outflow of capital from Zimbabwe in late 90s literally destroyed the value of the Zimbabwean dollar and caused unimaginable hyperinflation. This is often caused by the loss of confidence in the value of the currency; kind of creating a self-fulling prophesy. The most concerning cause of inflation in western countries is the manipulation of money supply by central banks. Central banks can produce as much money as they like literally out of thin air. This is what is called fiat money (backed by the promise of value rather than physical assets such as gold). There is a strong relationship between increasing money supply and inflation as the video explains. The typical explanation for increasing money supply is to generate economic growth. Increased money supply lowers interest rates, which reduces the cost of borrowing, hence stimulates investment. Lower interest rates also stimulates more consumption and there is evidence suggesting that the effect on consumption is greater than investment. Investment is often more sensitive to the availability of good investment opportunities rather than the cost of borrowing capital. John Keynes referred to this stimulation of investment as a response to our ‘animal spirits’. The video also explains the costs of inflation. Textbooks include costs such as shoe leather costs which relates to the costs of activities such as making more trips to the bank (less relevant with electronic banking) and menu costs which relates to the cost of frequent price changes (less costly with electronic pricing). The video places the most emphasis on the cost of erosion of wealth and savings caused by inflation, particularly hyperinflation. Venezuela is an example of a country which has been hit particular hard by hyperinflation and its citizens have seen most of their wealth eroded. The macroeconomic series can be accessed at: https://www.youtube.com/watch?v=uthEP6GXQ-8&list=PL_-TsqunhENgk3E-1SPO55FMsXgbJtnE5 The official Spectrum Economics website can be accessed at: https://www.spectrumecons.com For more exciting videos go to my YouTube channel at https://www.youtube.com/channel/UCILwyLtjl7ZTlYOqFkAwLzw You can find me on LinkedIn at: https://www.linkedin.com/in/waynedavies-spectrumecons/ You can find me on Facebook at: https://www.facebook.com/SpectrumEconomics/ You can find me on Steemit at: https://steemit.com/@spectrumecons
Views: 322 Spectrum Economics
Russia: "40 percent of investment directed towards fuel and energy" - Putin
Russian President Vladimir Putin said that "more than 40 percent of investment in the country is directed to the fuel and energy complex," at a meeting in Moscow, Tuesday. SOT, Russian President Vladimir Putin, (Russian): "In recent years Russian fuel and energy complex and its basic industries have achieved good results due to the decisions that we took in previous years. First of all I mean preferential treatment which we implemented during the development of fields and the (Arctic) shelf in Eastern Siberia, the stimulation of deep oil refining and production of quality motor fuels." SOT, Russian President Vladimir Putin, (Russian): "Natural gas production in Russia in 2014 amounted to 578 billion cubic metres. Major projects were implemented to increase the export potential of the country. New resource-saving programs are being introduced as well as environmentally friendly technology. Moreover, such valuable raw material as petroleum gas is used more efficiently." SOT, Russian President Vladimir Putin, (Russian): "Nowadays more than 40 percent of investment in the country is directed towards the fuel and energy complex. Our common goal is to maintain that positive trend of investment in the industry. We have to keep in mind that investment in the energy sector has a positive impact on the entire country's economy, this leads to the creation of the additional working places and orders for related industries." Video ID: 20151027-054 Video on Demand: http://www.ruptly.tv Contact: [email protected] Twitter: http://twitter.com/Ruptly Facebook: http://www.facebook.com/Ruptly LiveLeak: http://www.liveleak.com/c/Ruptly Vine: https://vine.co/Ruptly Instagram: http://www.instagram.com/Ruptly YouTube: http://www.youtube.com/user/RuptlyTV DailyMotion: http://www.dailymotion.com/ruptly
Views: 751 Ruptly
President Ramaphosa opens Investment conference
President Cyril Ramaphosa has pitched his investment message to hundreds of local and international investors at the Investment Conference being held in Sandton, Johannesburg. President Ramaphosa said his government was strengthening policy certainty and addressing the regulatory framework to enable the ease of doing business. The conference is a culmination of the President's state of the nation address when he announced that the country would hold an investment conference to drum up support for job creation. For more news, visit: sabcnews.com
Views: 137 SABC Digital News
USAID NEAT: Strengthening Economic Policies in Nepal
Nepal is recovering from a ten year civil war and is in a historic political and social transition to a democratic federal system. USAID recognized that an economic growth program addressing the key causes of the conflict - poverty and governance - would help move the country forward. When the USAID Nepal Economic Agriculture and Trade (NEAT) Activity started a little more than two years ago deficiencies in the policy and legal framework for promotion and regulation of business had plagued the country's economic health for years. The project took a holistic approach, strengthening economic policies by facilitating public-private dialogues, and supporting the Government in creating business-friendly policies and procedures that stimulate trade and investment in Nepal. The project, given its limited time frame, selected a range of policy reform activities, some of which have already produced tangible results, while others have put in place the building blocks for long term broad-based economic growth. NEAT focused on three key areas: improving government revenue generation, promoting agriculture growth and trade and investment, and building the capacity of the public and private sector.
Views: 659 USAID Nepal
EAC forum recommends more investment in agriculture to boost development
A Forum on the East Africa Community’s Economic Outlook, has heard that the increased investments in the agricultural sector, could stimulate recovery. Prof. Kabundi Palamagamba, Chairman of Tanzania’s Development Bank, says they have since decided on deliberate funding of the sector, in light of the current economic lull. Subscribe to Our Channel For more news visit http://www.ntv.co.ug Follow us on Twitter http://www.twitter.com/ntvuganda Like our Facebook page http://www.facebook.com/NTVUganda
Views: 116 NTVUganda
Egypt mega projects conference
Egypt just held a mega projects conference in the capital Cairo as it continues to attempt to restore economic growth. The conference looked at how to support business and stimulate growth in the country, which requires billions of dollars in investment to create jobs and address housing shortages. The forum was organised by the Middle East business intelligence firm, or MEED and follows Egypt's President, Abdel-Fattah el-Sissi, pledge to stabilise the country and revive the economy
Views: 175 CGTN Africa
Bia Investment Forum 2018: Georgia - Land of Opportunities
Panel Session: Strategic Infrastructure Projects that can Stimulate the Economy Speakers: Mr. Irakli Karseladze, First Deputy Minister of Regional Development and Infrastructure Mr. Giorgi Danelia, CIO, Partnership Fund Ms. Keti Bochorishvili, CEO JSC Anaklia City Mr. Dmytro Sholomko, Google, Country Director, Ukraine Moderator: Mr. Giorgi Isakadze, Editor-In-Chief Forbes Georgia
Richard Werner:  Today’s Source of Money Creation
The Monetary Institute's "Our Money, Our Banks, Our Country - Money Creation in the Modern Economy" conference was held in Zurich, Switzerland on February 5, 2018. Professor Richard Werner, Chair in International Banking, University of Southampton, England provided this overview of how money is created in nations throughout the world and the impacts and consequences of the current system.
Views: 18196 Monetary Institute
County pension scheme to invest in infrastructure
http://www.nation.co.ke The county government pension scheme is now eying investment opportunities in the counties in what is set to fast track key projects in infrastructure. Following the implementation of the new constitution that places the county system at the heart of economic opportunities in the country, LapTrust (which will now become the County Pension Fund), is now seeking to enhance linkage been private sector investors and the counties in the push to develop infrastructure projects. In an interview at his office, LapTrust's managing director, Hosea Kili, said county governments need to rely more on private partnerships if they are to stimulate investments and growth opportunities.
Views: 174 DailyNation
Investors should expect China's PMI numbers to fluctuate amid the country's massive res...
INVESTORS SHOULD EXPECT CHINA'S PMI NUMBERS TO FLUCTUATE AMID THE COUNTRY'S MASSIVE RESTRUCTURING OF ITS ECONOMY, SAYS JUERG KIENER OF SWISS ASIA. SHOWS: SINGAPORE (JUNE 23, 2014) (REUTERS - ACCESS ALL) JUERG KIENER, MD & CHIEF INVESTMENT OFFICER, SWISS ASIA 1. (QUESTION GRAPHIC) "China HSBC June flash PMI rises to 50.8, first expansion in six months. Is the number good enough to lift risk sentiment?" 2. JUERG KIENER SAYING: "I think you know the news have been very, very bearish on China the last couple of months. Now people have become slightly more positive. But if you look at the numbers for over the last years, we've been actually flat you know, between 49.5 and 51. So it's a slight expansion. But probably not good enough to really say we are going to have a 7 percent gross number like the announcement by the government. Now we know that the government is trying to stimulate the economy, but more specifically certainly not one to support the off-balance sheet market and the housing market to full extend. But on very specific targets, they are stimulating the economy and that basically shows you this expansion. Now this expansion will probably excelerate once you start seeing the warehouse steels getting refinanced and restructured. The off-take and the import costs will come back in, that will probably move this number back up into Q3. So overall I think a positive structure going forward." 3. (QUESTION GRAPHIC) "Does this month's improvement mean that the government's mini-stimulus are filtering through to the real economy?" 4. JUERG KIENER SAYING: "I think a number like that doesn't really tell you how much it filtered through. I think we have a massive restructuring of the Chinese economy, which we are going through from basically housing-led to investment-led, which is environmental transportation, social invert consumption. And these transitions are never really smooth because they are massive. So I would expect these numbers to come up and down like a yo-yo. And investors will just have to talk to themselves which area they want to be exposed to." 5. (QUESTION GRAPHIC) "The Chinese government has ...
Views: 25 Market Screener
Women's Safety XPRIZE
The Anu & Naveen Jain Women’s Safety XPRIZE is a $1 million global competition that challenges teams to leverage technology to empower communities with a transformative solution that ensures women’s safety. Armed with innovative safety nets, communities everywhere can rapidly respond to threats against any of its members, ensuring that help is always available when needed. The winning team’s solution will autonomously and inconspicuously trigger an emergency alert while transmitting information to a network of community responders, all within 90 seconds. The winning technology will cost no more than US $40, to help ensure it is affordable. Safety is a fundamental human right and should not be considered a luxury for women. - Anu Jain, philanthropist and entrepreneur https://safety.xprize.org/ --------------------------------------- ABOUT XPRIZE XPRIZE is an educational (501c3) nonprofit organization whose mission is to bring about radical breakthroughs for the benefit of humanity, thereby inspiring the formation of new industries and the revitalization of markets that are currently stuck due to existing failures or a commonly held belief that a solution is not possible. XPRIZE addresses the world's Grand Challenges by creating and managing large-scale, high-profile, incentivized prize competitions that stimulate investment in research and development worth far more than the prize itself. It motivates and inspires brilliant innovators from all disciplines to leverage their intellectual and financial capital.
Views: 972 XPRIZE
China continues to improve policies to stimulate innovation in 2018
China will continue to encourage people to start businesses and make innovations, and enterprises and universities will take the lead in strengthening the platform and sharing economy, Chinese Premier Li Keqiang said on Monday. Li made the remarks in an annual government work report to lawmakers during the opening meeting of the first session of the 13th National People's Congress (NPC), China’s national legislature, which is being held in Beijing from March 5 to 20.‍ Subscribe to us on YouTube: https://goo.gl/lP12gA Download our APP on Apple Store (iOS): https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download our APP on Google Play (Android): https://play.google.com/store/apps/details?id=com.imib.cctv Follow us on: Facebook: https://www.facebook.com/ChinaGlobalTVNetwork/ Instagram: https://www.instagram.com/cgtn/?hl=zh-cn Twitter: https://twitter.com/CGTNOfficial Pinterest: https://www.pinterest.com/CGTNOfficial/ Tumblr: http://cctvnews.tumblr.com/ Weibo: http://weibo.com/cctvnewsbeijing
Views: 187 CGTN
Today’s Sci-Fi Dystopias are Lazy
“Today’s post apocalyptic, dystopian sci-fi storytelling is lazy and harmful” says author David Brin. http://xprize.org --------------------------------------- ABOUT XPRIZE XPRIZE is an educational (501c3) nonprofit organization whose mission is to bring about radical breakthroughs for the benefit of humanity, thereby inspiring the formation of new industries and the revitalization of markets that are currently stuck due to existing failures or a commonly held belief that a solution is not possible. XPRIZE addresses the world's Grand Challenges by creating and managing large-scale, high-profile, incentivized prize competitions that stimulate investment in research and development worth far more than the prize itself. It motivates and inspires brilliant innovators from all disciplines to leverage their intellectual and financial capital. ---------------------------------------- VIDEO CREDITS Producer: Damien Somerset -- http://DamienSomerset.com Cinematographer: Dave Kebo, Trevor Traynor Editor: Erick Lee Cummings
Views: 8757 XPRIZE
How Are Interest Rates Set In Australia?
So, how are interest rates set in this country? Well, once upon a time, they used to be set by the government. And the Reserve Bank of Australia used to lend money, well lend money to other banks, and those banks lend money to you. Now, the reserve bank lends that money at a variable rate to the banks and then the banks lend it to you at a mark-up. And that’s how the banks make their money. Now, once upon a time, the reserve bank used to be told what to do with interest rates by the government and by public servants. But it was decided during the recession of the 90s by Paul Keating in his government that we needed to put a stop to that. What we needed to do instead was establish an independent board that would tell the reserve bank what to do with interest rates. And that way, they took the political element out of the setting of interest rates, because the interest that the reserve bank collects is revenue for government. So, parties would get elected and want to pay for their promises, so they would then ratchet up interest rates. It wasn’t healthy for the economy and gave us the recession that we had to have. Once the reserve bank board was made independent, they were told to keep inflation to 2-3%. Now, how do they do that? Well, the ABS does every month, does its inflation figures. And it considers in there the price of milk, the price of bread, the price of petrol, everything. And then reports an inflationary figure. Now, if inflation is taking off, the board will put the interest rate up. In turn, the banks will put their interest rate up on you, and you will have less money in your bank account. And if you have less money in your bank account, you’ll do less spending. And if you do less spending, then that’s going to reduce the pressure on inflation. Conversely, if the economy is stalling, the reserve bank will drop the interest rate. In turn, the banks will drop their interest rates to compete with each other and retain your business, and you will have more money in your bank account. And if you’re like 9/10 Australians who are hopeless with their money, what will you do with that money? You will spend it. And if you are spending it, what will that do to the economy? It will stimulate the economy. It’s a brilliant system, it’s the envy of many countries, and it’s what saved us from the global financial crisis. Because when the global financial crisis hit Australia, the independent board of the reserve bank dropped interest rates about 4.5% in the space of 6 months. Now, when the global financial crisis hit Australia, I had a multi-million-dollar property portfolio. I wasn’t worried about the global financial crisis. I was like, crisis? What crisis? Interest rates hadn’t been so low, and now they’re even lower, it’s fantastic! If you look at the historical base, and on this graph, you can see that the reserve bank rate’s the blue line, and the retail rate the banks lend is the black line. And as you can see, its slightly higher all the time, which is a bit of a glitch there on the 1990 figure. But its slightly higher all the time, because that’s how the banks make their profit. Now, if you understand this system of how the interest rates are set, you can understand all these events. So this, 1990, was when we were at the height of the recession. Double digit interest rates. And that was also when the board was made independent. As soon as the board was independent, they started driving the interest rates down to stimulate the economy. visit our website: http://www.integritypropertyinvestment.com.au/ Legal Disclaimer: This information ('the information') is presented for illustrative and educational purposes only. It is not presented nor should it be treated as real estate advice, legal advice, investment advice, or tax advice. All investments involve risk and potential loss of money. If you require advice in any of these fields you should contact a suitably qualified professional to assist and advise you. Your personal individual financial circumstances must be taken into account before you make any investment decision. We urge you to do this in conjunction with a suitably qualified professional. Daimien Patterson, Integrity Property Investor Services, and their associated trading names, companies, researchers, authorised distributors and licensees, employees and speakers do not guarantee your past, present or future investment results whether based on this information or otherwise. Daimien Patterson, Integrity Property Investor Services and their associated trading names, companies, researchers, authorised distributors and licensees, employees and speakers disclaim all liability for your purchase decisions. You should do your own independent due diligence and seek the advice of qualified advisors before making any investment decision.
Money Week: 11 August
Monday 7 Aug - Stats SA releases unemployment figures showing the jobless rate stubbornly steady at 27,7% for the second quarter of 2017. Tuesday 8 Aug- The South African Chamber of Commerce and Industry’s Business Confidence Index rises to a 6 month high. However, confidence is still too low to stimulate investment and create jobs. Thursday 10 Aug - Manufacturing output for June contracts by 2,3% y/y. However, Stats SA figures show the total quarterly figure (April - June) rose to 1,5% and the sector will make a positive contribution to the country’s Gross Domestic Product (GDP). Thursday 10 Aug - Mining production figures show a contraction of 0,8% in June. However, the sector’s output expanded 0,6% during the April to June quarter and will also make a positive contribution to second quarter GDP. For more news, visit: http://www.sabc.co.za/news
Views: 53 SABC Digital News
Investement for Economic Growth & Employement
Wednesday 4/2 President Calderón attended the "Investment for Economic Growth and Employment, Mexican Council of Businessmen" Event in Mexico City. Speech: "Investment is a trigger for national development. That is why I am delighted to meet with you to find out about these investment and job creation plans which proudly Mexican firms are presenting to public opinion today." In order to consolidate this climate of encouraging investment, we have acted on the basis of a strategy supported by various pillars." Today I confirm my government's resolve to continue searching for radical solutions to the challenges faced by the country. Without losing sight of the long-term perspective that has guided all these actions, we are also acting with determination in face of the adverse international economic situation. Specifically, we have implemented a counter-cyclical strategy based on the following features: "Given the temptation to avoid problems to prevent political costs, my government has clearly decided to face the country's problems and solve them." "The country's sovereignty will be defended by strengthening PEMEX to make it a strong, competitive, more prosperous firm; a proudly Mexican firm that will enable us to make full use of our own oil resources, a firm that is obviously 100% owned by Mexicans and government."
Views: 356 CompvisaTV

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