China's middle-class boom - Jun. 26 Since 1980, yearly earnings for an average Chinese household multiplied ten times over. NEW YORK (CNNMoney) -- As China's economy has exploded over the last 30 years, so too have the incomes and living standards of average Chinese people. The average disposable income of urban Chinese households rose to around $3,000 per capita in 2010, according to an analysis of official government statistics by China Market Research Group.
Human Intelligence: The Flynn Effect This page is now located at an updated address. Please update your bookmarks! The new address is posted below. You will be redirected to the new page in 15 seconds or you can click the link below. The Flynn Effect Originally prepared by: Charles Graham (fall 2001)Revised: Jonathan Plucker (fall 2002) Don’t Panic — End Poverty Hans Rosling asks: Has the UN gone mad? The United Nations just announced their boldest goal ever: To eradicate extreme poverty for all people everywhere, already by 2030. Looking at the realities of extremely poor people the goal seems impossible. The rains didn’t fall in Malawi this year. The poor farmers Dunstar & Jenet, gather a tiny maize harvest in a small pile on the ground outside their mud hut. But Dunstar & Jenet know exactly what they need to break the vicious circle of poverty.
Economy of India The independence-era Indian economy (from 1947 to 1991) was based on a mixed economy combining features of capitalism and socialism, resulting in an inward-looking, interventionist policies and import-substituting economy that failed to take advantage of the post-war expansion of trade. This model contributed to widespread inefficiencies and corruption, and the failings of this system were due largely to its poor implementation. In 1991, India adopted liberal and free-market principles and liberalised its economy to international trade under the guidance of Former Finance minister Manmohan Singh under the Prime Ministrship of P.V.Narasimha Rao, who had eliminated Licence Raj, a pre- and post-British era mechanism of strict government controls on setting up new industry. Overview The combination of protectionist, import-substitution, and Fabian social democratic-inspired policies governed India for sometime after the end of British occupation.
Over half the world now live in cities according to UN Report July 12, 2007 A United Nations report coinciding with World Population Day reveals that for the first time in history, more people now live in cities than rural areas. There are now 6.6 billion of us – a figure expected to surge dramatically by 37 percent to 9.076 billion by the year 2050 according to the UN report, with Asia and Africa leading the growth. World Population Day on July 11 is aimed at focusing on efforts to turn the challenges of population growth into opportunities. “What happens in the cities of Africa and Asia and other regions will shape our common future,” says Thoraya Ahmed Obaid, Executive Director of the UN Population Fund.
Watch 10 seconds of high-frequency stock trading in super slow motion Presumably, it will take them a bit of time to actually read out the resolution. How do you know there weren't computers executing the trade before the news reached Chicago? Maybe they were measuring the probability that the decision would be made. In addition, a spike in trading could be bets placed both ways. There could be short options bought or long.
Think Again: War - By Joshua S. Goldstein "The World Is a More Violent Place Than It Used to Be." No way. The early 21st century seems awash in wars: the conflicts in Afghanistan and Iraq, street battles in Somalia, Islamist insurgencies in Pakistan, massacres in the Congo, genocidal campaigns in Sudan. All in all, regular fighting is taking place in 18 wars around the globe today. The Freight Train That Is Android March 24, 2011: March 24, 2011: [Follow Me on Twitter] “People get ready, there’s a train a comin’” - The Impressions From Zacks via Yahoo: Mark Vickery, On Thursday March 24, 2011, 4:58 pm EDT “BlackBerry maker Research In Motion (NasdaqGS: RIMM – News) beat its fiscal 4Q EPS estimates by 2 cents per share, but missed slightly on quarterly revenues and offered guidance well below the current consensus. This has sent RIMM shares down nearly 10% in after-market trading…”