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Economy

KPMG reveals upcoming Big Tech alliances with Big Banks

Big Tech wants to obtain information on people’s payment habits. They have applied for licenses as payment entities in Europe, Mexico, the United States and India. More than a quarter of all financial institutions are already associating with one or more technology giants and an additional 27% indicate that they plan to forge these types of partnerships within the next 12 months, says a report from the consulting firm ...Read full article...

Data Science encourages critical thinking in teenagers

The benefits of integrating concepts of this field in secondary education and high school are already visible. If you follow our news reporting on a weekly basis, you may have noticed our interest in conveying the importance of data in advancing commercial enterprises and eroding privacy, among other issues. But data science is more than just collecting and processing information. Experts are now finding ways to use data science ...Read full article...

Global Economic Recession Peek-a-Boos

As stock markets seem to be soaring, especially in the United States, growth forecasts announce that the global economy will barely reach levels above recession. New gloomy expectations for the world’s economies were reported by the Organization for Cooperation and Economic Development (OCED).   In a climate of growing commercial tension, lower private demand and investment weighed down by uncertainty, global growth will remain at 2.9% this year and ...Read full article...

Use technology to invest like a boss

Technology makes life easier, and when it comes to investing or saving your money, it can also make a difference. Reaching the end of the month with money in your bank account can be a challenge. But if you are a person who has already overcome such a challenge, you can now concentrate on what to do with what you save. Saving at the end of the month may ...Read full article...

Malnutrition: The epidemic of the century

Ironically, obesity has a lot to do with things that cannot be reduced to excess fat in the body. The accumulation of fat goes beyond appearance. It is the result of an even greater problem: malnutrition. The malnutrition epidemic is here and we lack tools to deal with it, experts say. Malnutrition is not what we believe it to be. We may be used to seeing people in Africa, ...Read full article...

The Great Corporate Tax Swindle: How multinational corporations defraud You

In Europe, for every euro that is paid in taxes by a multinational corporation, the host country loses up to 5 euros. Companies like Google, Facebook, and Nike, transfer large amounts of wealth to tax heavens in addition to being tax exempted by governments. Taxing, especially when done without any positive results for those who are robbed of their efforts, is immoral. But do you know what is also ...Read full article...

Latin American Economies in a fast, desceding spiral

A report of the International Monetary Fund in which the organization collects its global projections includes a world map that it uses to represent the evolution of the real economy in emerging markets. In its map, the IMF paints Latin America whole pink and red. It is not a good sign because the activity in the region slowed down significantly at the start of 2019, to the point that ...Read full article...

Contagion during Financial Crises increases in emerging economies

The chances of contagion between countries are high. In addition, after the crisis of 2007-2009, there has been no progress in the ability to control financial shocks. Speculation continues to run rampant and indebtedness continues to grow as a percentage of GDP. Trade skirmishes, the deceleration of economies and the evolution of the interest rate curve are focusing our attention. Financial stability conditions, however, have gone to the background, ...Read full article...

When should you teach finances to your child?

Experts say financial education should begin at school. Children entrepreneurs who manage their finances. That sounds like an antithesis to little ones who prepare the VAT invoices, make the declaration of the income of their weekly wages and their expenses in sweets and look for the best mortgage for their tree houses. Joining childhood with business and finance may sound weird but there are more and more educational centers ...Read full article...

US tariffs hit almost 100% of all Chinese exports

Everything that China exports to the United States is subject to a tax. American president, Donald Trump, raised a commercial wall to goods that come from Beijing. After the last 10% tax announced last week and which will enter into force next September, 96.7% of all Chinese exports suffers a tariff barrier, according to the calculations of the Peterson Institute For International Economics (PIIE). This is the highest point ...Read full article...

Is youth unemployment really about lack of opportunity?

Day after day more experts confirm that unemployment has a lot to do with lack of skilled labour, and less with lack of job opportunities. The labor market in Latin America is paradoxical: while youth unemployment is rising -it is three times higher than the average rate-, 40% of companies have vacancies that they cannot cover because they do not find profiles with the necessary skillset. More than half ...Read full article...

Ludicrous claim: Eat 40% less meat to fight “global warming”

The great global increase in the consumption of foods based on animal meat is unnecessary and insane, says a new report. A study by the World Studies Institute, a Washington-based organization, says that by 2050, people can only eat 1.5 hamburgers a week and will have to accept eating genetically modified products, which according to the study, improve productivity. All this, says the study, must guarantee the feeding of ...Read full article...

Should Labour Income be Redistributed?

Who is more productive, someone who works or someone who does not work? Who should get paid for their time and labor, people who work or people who do not work? Who should get paid more, people who work more or who have more merit because of their intellect and contributions to a company or society, or someone who works less and simply does a series of tasks to ...Read full article...

Is work dignifying, even at an early age?

Happiness is the result of effort. The absence of effort generates complacency, compliance and frustration. This reality is more palpable today more than ever before.  People want instant gratification, which as a sugar rush, goes up and down in a flash, and in turn generates dissatisfaction. Keeping in mind that hard work is what produces fulfillment and true happiness, one could argue that one of the best ways to ...Read full article...

Is global trade moving back to bilateralism?

The WTO, the UN, the WHO, the World Bank, the European Union, NAFTA, CAFTA. All of these acronyms and names are well-known worldwide. What is not known about them is that the organizations behind those names were created with the single purpose of consolidating a centralized global power in the hands of unelected bureaucrats. As these organizations became stronger in the world of politics, national sovereignty shrank rapidly. Countries ...Read full article...
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