WorldRemit research shows that switching from offline into digital remittances could free up a further $825 million for education worldwide New research from the digital money transfer service WorldRemit shows hundreds of thousands of Pakistani children are in school, have …
Read More »High Income People More Interested in Driverless Cars
Last week General Motor’s second in charge stepped down as president to manage the companies self-driving unit, a move seen as serious investment in the companies future. According to a global online survey conducted by Accenture and Harris Interactive, about six out …
Read More »Increased awareness to increase penetration level of insurance industry
From 2001 onwards, the insurance sector saw a consistent improvement in terms of structure and growth. Specifically, higher per capita income, expansion in trade sector, and the growing private sector credit spurred the exceptional growth in the insurance sector. Importantly, …
Read More »Why universal basic income costs far less than you think
Want to get rid of poverty, lessen inequality and provide financial stability in a world of precarious work? Well, why not simply give everyone enough money to ensure basic sustenance? This is the deceptively simple solution proposed by advocates of …
Read More »Emerging markets with fossil fuels need to rethink growth strategies. Here’s why
This article is part of the World Economic Forum’s Geostrategy platform Over half of the world’s least developed and lowest income countries are currently exploring for oil and gas or hoping to expand existing production. Yet tightening climate policies and shifting …
Read More »Microsoft’s Cloud Business: The Only Way Is Up
Nowadays, Microsoft‘s strong financial results are heavily reliant on the cloud side of its business and the most recent quarterly results are no exception. Of the total $30.1 billion revenue recorded, 9.6 was from the segment ‘Intelligent Cloud’ – a new high which …
Read More »Don’t believe in a universal basic income? This is why it would work, and how we can pay for it
Five years ago, when I first heard about it, the idea had been all but forgotten. Most people I talked to had never heard of it either. Now, suddenly, it’s everywhere. Finland conducted a major trial, Canada has just launched an even bigger experiment and …
Read More »This is exactly how much money you need to be happy
Take three people. All are unmarried, 33-year-old women who live in the United States. One makes an annual salary of $40,000, another makes $120,000, and the third makes $200,000. Who do you think is the happiest? According to a recently released …
Read More »Good health and affects on economic progress
The health sector is a direct source of human welfare and also a tool for growing income levels in any economy. The industry experts mention a number of procedures by which health can affect income, focusing on worker productivity, children’s …
Read More »An Incredible 12 Months For Facebook
Facebook has again flown past expectations in its latest quarterly earnings report. As our infographic shows, in Q3, the company posted a year-on-year increase in net income of 79 percent. Moving up from the $2.6 billion in 2016, the last three months …
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