Salient to Investors: Fareed Zakaria said: In 2014, 190 million Indians used the Internet versus 60 million in 2009 and 7 million in 2001 – by 2018, there will be 580 million users. Boston Consulting Group estimates the number of Internet jobs could quadruple in the next 3 years, with
READ MORE... →Salient to Investors: Iran would be a superpower in global energy markets if reserves in the ground were the measuring stick – only Russia has more oil and gas reserves. The CIA reports proven natural gas reserves in 2014 (in cubic metres) in Russia were 47,800,000,000,000, in Iran 33,800,000,000,000, in Qatar 25,070,000,000,000, in the US 8,734,000,000,000, in Saudi Arabia 8,235,000,000,000. Jamie Ingram
READ MORE... →Salient to Investors: Christine Lagarde at the IMF said: The Fed should delay any rise in interest rates until 2016 and wait for more tangible signs of wage or price inflation. Pockets of vulnerability in the US economy could cause serious trouble for the wider economy. The IMF predicts US growth of 2.5%
READ MORE... →Salient to Investors: The OECD said: The global economy’s predicted growth is lowered to 3.1% in 2015 and 3.8% in 2016 due to an unexpectedly weak Q1 and investment yet to take off. The global economy rates a B-minus. Large businesses have been unwilling to invest as vigorously as in previous cyclical
READ MORE... →Salient to Investors: Fareed Zakaria said: Iraq no longer exists. Many of the Arab states around Iraq are more anti-Shiite than they are anti-ISIS. ISIS gets support from the discontent of Sunnis who feel persecuted by the Shiite and Alawite governments of Iraq and Syria. Britain that has lost its special
READ MORE... →Salient to Investors: Fareed Zakaria said: Britain, which created the world we live in, has become parochial and has essentially resigned as a global power: a tragedy for us all. The Royal United Services Institute predicts that the British army could shrink to 50,000, smaller than at any point since the 1770s
READ MORE... →Salient to Investors: Nassim Taleb said: Over the last 2000 years, there is no no statistical evidence that violence has dropped, or that the frequency or magnitude of wars is declining. People are lulled into a false sense of security because of the nature of fat tail events, which can
READ MORE... →Salient to Investors: Fareed Zakaria said: Globalization and the information revolution is unstoppable. China cannot be stopped from growing and trading, and Africa from deepening its integration into the global system. The average tariff in the developed world is 3%. China’s average tariff is under 10% versus 40% in 1985. It’s
READ MORE... →Salient to Investors: Fareed Zakaria said: There is increasing evidence that the military backbone of ISIS is made up not with Islamic Zealots but high-ranking officers from Saddam Hussein’s army. ISIS recruits primarily because of the rage and rebellion of the Sunnis of Iraq and Syria. Sunni dominated areas will remain
READ MORE... →Salient to Investors: Fareed Zakaria said: The US justice system is a rubber stamp for the prosecution due to America overreacting to the crime wave of the 1970s and enacting bad legislation. The vast prison industrial complex lobbies aggressively, which means more arrests, lockups, and prisons. Conrad Black says: The US has
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