ASIA: Indian economy is expected to expand 8.3 percent in fiscal year 2021-22, a report by World Bank projected on Tuesday. In its latest issue of Global
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As with most developed nations, China reported a significant decline in births last year (0.53%). The nation abandoned their one-child policy in 2016 that was put into effect in 1979, however, the population has continued to decline. China’s birth rate was 0.57% between 2000 and 2010, with a total population f 1.41 billion. The National Bureau of Statistics stated that 12 million babies were born in 2020, a 6 million decrease from 2016 when data was last collected. China’s working-age population (16-59) has also declined by 40 million over the last ten years, although authorities maintain that China has a strong and abundant workforce.
Japan’s SoftBank’s Vision Fund made history this Wednesday after reporting a record-high 4.03 trillion yen ($36.99 billion) in earnings. The group netted 4.99 trillion yen ($45.88 billion) in the fiscal year ending in March, surpassing Berkshire Hathaway’s $42.5 billion earnings last year. This marks the largest a
by Tyler Durden
By Michael Every of Rabobank
SPLAAAAAAAAAT! That sound was the pure slapstick of a giant custard pie to the face. Which is what the US inflation numbers yesterday were to oh-so-many people. Massively higher than expected; the highest m/m headline since 2009 and the highest y/y since 2008; the highest core m/m print since 1982; much of this on the back of imputed and guessed prices; and not even properly accounting for what is now happening in energy and housing.
It was the kind of report, like Friday’s payrolls, that Make Data Great Again. One that also shows the whole economic number forecasting business is a silly game when it really matters. Yes, you can tell me what a number will be when that number doesn’t change anything: you just can’t tell me what the number will be when it changes
Making Sense Of China s Two Sessions zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.