Virus could soon peak in new york city. Weve already seen the apex in madrid italy is clearly over the hump that means buy storks. Cover your shorts. The bull is backs todays run d 1627 points marking its best day in two weeks s p soaring 7. 03 . Nasdaq 7. 3 . Can it really be this easy or does this represent too much optimism i think its a bit of the latter wall street is a group of index buyers and traders when we care about the new number of coronavirus cases, number of hospitalizations and mortality rate index buying was so intense it moved stocks like they were play things now, does that mean we should buy the nasdaq when we have more ventilators, sell it if we dont have enough personal protective equipment . Do we buy the s p retail etf when we get a decent number from, i dont know, Governor Cuomo . No, its kind of ridiculous. Were simply seeing, though, the flip side of what happens when people were downbeat as they were last week when the president s team told us some pretty ho
Safety margin that has been built over the past decades. Today, the share of nonresource sectors in the growth structure confidently exceeds 90 . That is, the economy is becoming more complex, technologically advanced, and therefore much more sustainable. Today russia is europes largest economy in terms of Gross Domestic Product at purchasing power parity and the fifth largest in the world. The pace and, most importantly, the quality of growth allow us to hope and even claim that already in in the near future, we will be able to take another step forward and become one of the four largest economic powers in the world. But such is the development. Should be directly converted into increased income for the families of our citizens. In the next 6 years, the share of wages in the countrys gdp should increase. By comparing inflation and the growth rate of average wages in the economy, we index the minimum wage. Starting in 2020, the amount has increased one and a half times from 12 to 19 th
Much more sustainable rancho today is we the largest economy in europe. If we are speaking about the grounds of domestic product, can the, the purchasing power parity and its ranking us number 5, when the world been put 11, theyve got just a little as to whether the grade see the and the quality of these crowd allow us to choose basic is healthy and to claim that in the nearest and you a true, we will be able to make you have the non or, and staff corporate. And we will be ranking as one of the top 4 leading countries in the world from the looks like we had asked me to just make the point of view. But these developmental mines that youre going to be converted into the ensure of income, the wellbeing of our citizens, that they share of the salary of us in the countries to do so. You should also be in craigslist to see it true, the control faster than the inflation and we are trying to invest a minimum ocean. Whats wages starting from 2020 . The minimal wages grew by 1. 00 times from 122
Sectors of the economy, while we understand what risks and factors can lead to a slowdown in the Economic Growth of our development as a whole, this is, first of all , a lack of qualified personnel, our own advanced technologies or their absence in some areas, here we need to work proactively, so today i will go into detail on these two strategically important topics, i will start with the personnel base. There is a large young generation growing up in russia, oddly enough, yes, there are demographic problems with population growth, thats a big the young generation, we have it it has a place to be, in 2030 there will be 8. 3 million citizens in the country under the age of 20 from 20 to 24 years old, in the thirtyfifth year there will already be 9. 7 million, 2. 4 million more , than than. From school to university, they must work in a single logic, for a common result, and of course , the participation of future employers is important here, starting from the current Academic Year , a
It made it possible to update Educational Programs for aircraft and shipbuilding, pharmaceuticals, electronics, defense and other industries. For these areas , about a million specialists in working professions will need to be trained by 2028. We must extend such approaches to the entire system of secondary legal education, including training for schools, hospitals, clinics, for service sectors, tourism, cultural institutions, creative industries. Separately, i instruct the government to implement it together with the regions. Now about Higher Education in general, the task is for the center of science and education to develop throughout the country, for this we will build 25 University Campuses by 2030, we have already talked about this, but now i consider it necessary to say again in this regard, i propose to expand this program in total, to build at least forty such campuses, and allocate for these purposes, will have to be allocated for these goals are about 400 billion rubles from