Global economy

How 5G works

What is 5G network? How fast is it? How 5G Works TAGS: | | | | |

What is 5G network? 5G is the next-generation mobile wireless systems. How fast is it? The speed of 5G is expected to be faster than 4G and is able to provide download speeds of about 10,000 Mbps.

The growing Internet of Things, requires a more advanced wireless Internet connectivity. 5G, the next-generation after 4G is fifth generation of mobile wireless systems. To run all the devices efficiently, society needs an advanced wireless network faster than 4G. The speed of 5G is expected to be 3 times faster than 4G and able to provide download speeds of about 10,000 Mbps (Megabits per second). 5G will allow you to download an entire movie within one second. read more

How to buy Ripple (XRP) TAGS: | | | | | | | | | |

Ripple soars and become second biggest cryptocurrency after bitcoin in the world with market capitalization of over $94 billion surpassion etherum`s $73 billion market cap. This trend has attracted people to own Ripple and we are going to explain how to buy Ripple.

This short video will help you to learn step by step how to open account and buy Ripple (XRP) from one of the most popular Ripple exchange. You can buy Ripple with US Dollar and Euro. Another option is to exchange Bitcoin (BTC) to Ripple (XRP). read more

The Next Financial Crisis Is Not So Far TAGS: | | | | |

After 2008 crisis, exponential growth peaked in financial markets. S&P 500 Index, Dow Jones Industrial Average, NASDAQ Composite, FTSE 100 Index rose dramatically. It seems like this is a bubble and will burst and cause a new financial crisis and I think it is not so far. “The “perpetual money machine” will suddenly broke. I made a research and found that graphs are so similar just before Great Recession and at some point, early 2000 recession.

Photos below illustrate correlations among daily high prices, standard deviations and forecast prices. Price versus time

FTSE historical chart

Another symptom of financial crisis is LIBOR rate. LIBOR rate is moderately rising.

Unemployment is the United States of America is between 4-5% which is almost the same just before 2008 crisis.

UK unemployment rate is also similar to 2007-2008.

As well as, EU unemployment rate.

In conclusion, there are a number of potential triggers to a new crisis. Equity prices, Brexit, US Presidential Elections, slowing down of Chinese economy and some overvalued rates. Maybe one of these reasons will trigger a new financial crisis.

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Why Students Should Study Economics? TAGS: | |

Financial aspects is the investigation of how social orders, governments, organizations, families, and people assign their rare resources. Our discipline has two important features. First, we create reasonable models of conduct to anticipate reactions to changes in arrangement and economic situations. Second, we utilize thorough measurable examination to research these progressions.

Market analysts are understood for exhorting the president and congress on monetary issues, detailing arrangements at the Federal Reserve Bank, and breaking down financial conditions for speculation banks, financier houses, land organizations, and other private segment organizations. They likewise add to the improvement of numerous other open strategies including human services, welfare, and school change and endeavors to lessen disparity, contamination and wrongdoing. read more

Most peaceful countries in the world TAGS: | | |

Global peace index world map

The Global Peace Index, issued by the Institute for Economics and Peace, ranks 162 independent states covering 99.6% of the world’s population.

The 10 most peaceful countries

Iceland
Denmark
Austria
New Zealand
Switzerland
Finland
Canada
Japan
Australia
Czech Republic

The 10 least peaceful countries

Syria
Iraq
Afghanistan
South Sudan
Central African Republic
Somalia
Sudan
DR Congo
Pakistan
North Korea read more

USA China economy, economic powers

TOP 5 largest economies in the world TAGS: | | | | | | |

usa-china

China was recognized as the world’s second-largest economy after the United States.

1. USA – GDP $17.5 trillion

The USA has secured its status as the world’s most powerful economy, a position it is predicted to hold for the next decade.

For at least almost a century now, the United States has consistently ranked as the biggest national economy in the world. read more

What is Economic Development? TAGS: | | |

No single definition incorporates all of the different strands of economic development. Typically economic  development can be described in terms of objectives. These are most commonly described as the creation of jobs and wealth, and the improvement of quality of life. read more

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