All Articles Tagged "growth"

The Motherland Is The Global Economy's "Final Frontier"

September 21st, 2011 - By TheEditor
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By Charlotte Young

From famine in Somalia to genocide in Sudan and bombings in Nigeria, the media puts out a very bleak image of African development. But in economic reality, this couldn’t be further from the truth. For investors in the global market, much of the real growth and opportunity is stemming from Africa.

Marketwatch reports the continent is “home to a host of fast-growing economies.” In addition the growth possibilities have the potential to provide large returns.

Plamen Monovski, chief investment officer of Renaissance Asset Managers, one of the biggest investors on the continent, relays that the images of Africa “are rooted in the past” and the “BBC effect.” “But Africa is now the last frontier left in the market. Nowhere else has the same kind of growth potential,” Monovski tells Marketwatch.

The media seems to neglect Africa’s stories of triumphant and success as it zeroes in on political unrest, poverty and hunger. But after enduring 30 years of stagnation and decolonization, Africa is growing rapidly. There are 11 African countries that now see growth rates higher that 7 percent annually, which is higher than the rates in East Asia. Nigeria, one of the largest countries in Africa, is growing at 9 percent a year, one percent below the magic percentage when economies really begin to take off. Three countries have already reached a 10 percent growth rate.

In addition, while many countries worldwide are facing labor shortages, Africa boasts of a rising labor force. With secondary school enrollment also rising, the continent will be able to see a generation of more educated youth as well.

All of the growth does not negate that there is truth in the media coverage. Governments across the continent have their share of problems, but what government doesn’t? China has continued to succeed economically without a democracy and many Asian nations also face corruptions.

African infrastructure is not always the best, which can provide a setback to companies seeking to build presence. But with investments comes financial capital to improve upon roads and broadband connections.

Those that are forward thinkers understand how important it is that Africa continues to grow. With or without personal attachments to the continent, Africa’s success is important to everyone. Its rise could help to alleviate much of the despair around the global markets and end the threat of another recession. As investors know best, there’s nothing like an emerging market. Only they are capable of the “explosive growth,” that provides the fast expansion effect desperately needed around the world.

 

 

 

 

Best (and Worst) Places to Get Your Swirl On

October 21st, 2010 - By Christelyn Karazin
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Interracial dating has gotten easier over the decades, and MOST places you go with your rainbow partner won’t get you chased out of town by an angry lynch mob.  But some places in the U.S. just seem to be a bit more open–or downright blasé–about interracial partnerships, while others are…well…a bit more conservative, or downright hostile.

If you’re looking to get your swirl on, keep it on, and then set some roots, you might want to survey these top spots:

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Growth Fears Hit Markets; Dollar, Treasurys Rise

June 29th, 2010 - By TheEditor
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(Wall Street Journal) – Fears about the pace of global growth hit financial markets hard Tuesday, with stocks sliding and investors rushing into the safety of the dollar and U.S. government bonds.Markets were already sharply weaker in Asian and European trading, and got an additional knock early in the U.S. trading day from a dismal reading of consumer confidence.

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Growth Fears Hit Markets; Dollar, Treasurys Rise

June 29th, 2010 - By TheEditor
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(Wall Street Journal) – Fears about the pace of global growth hit financial markets hard Tuesday, with stocks sliding and investors rushing into the safety of the dollar and U.S. government bonds.Markets were already sharply weaker in Asian and European trading, and got an additional knock early in the U.S. trading day from a dismal reading of consumer confidence.

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Apps And Downs

June 22nd, 2010 - By TheEditor
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(The Economist) — SOME fight wars with words, others with numbers. Hardly a day passes without new data on mobile apps, the small applications that can be downloaded to smart-phones to perform all kinds of feats, such as accessing social networks, playing games and identifying unknown music. Apple recently announced that its App Store now offers 225,000 apps, which collectively have been downloaded 5 billion times. Android Market, the storefront for the operating system that powers many other smart-phones, now boasts 60,000 apps and is catching up fast. And GetJar, an independent mobile store that offers programs for all kinds of handsets, claims 72,000 apps and 1 billion downloads.

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The Growth Of Black Communities Abroad

June 14th, 2010 - By TheEditor
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(News  One) –In a world where visual indicators are prone to dictate social status, access to friendship circles and the overall social cohesion of minority communities, certain nations are proving just how reactive their societies are to the presence of growing minority populations. As globalization tends to be to the world’s societies what a turbulent flight is to someone who’s afraid to fly, black minority populations have become particularly controversial.

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In Africa, Google Sows Seeds for Future Growth

May 18th, 2010 - By TheEditor
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(WSJ.com) — Despite some of the lowest Internet penetration rates in the world, Africa has enticed Google Inc. Lured by the continent’s growth potential, Google aims to convince entrepreneurs, students and aid workers to make use of its search, mapping and mobile-phone technologies. But Africa—with roughly one billion inhabitants, over 50 countries and many regions that have limited access to electricity—presents huge obstacles.

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Three Best Ways To Land An Incubator Spot

May 14th, 2010 - By TheEditor
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(WSJ) — Business-incubators programs provide entrepreneurial ventures with office space, services and counseling for little or no cost. (See related article, “Entrepreneurs Find New Way to Grow.”) But while the programs have been expanding amid increased demand for their support, landing a spot in these can still be challenging, as they tend to be selective when considering applicants. Here are three best ways for start-up companies to land a spot in a business-incubator program:

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U.S. Easter Spending Will Increase for First Time Since 2007

April 2nd, 2010 - By TheEditor
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(Bloomberg) — U.S. consumers plan to spend as much as $14 billion on candy-filled baskets, lamb dinners and colored eggs for the Easter holiday weekend, a sign that non-essential purchases are rebounding.

The projected 1.8 percent boost would be the first increase in Easter holiday spending in three years, with food, candy and clothing leading the growth, according to IBISWorld, a Los Angeles-based research firm. Spending for the same period fell 8.3 percent in 2009 and 1 percent in 2008. Estimates are based on IBISWorld surveys, industry reports and sales figures.

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Big Companies are Awash in Cash as Economy Picks Up

March 24th, 2010 - By TheEditor
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