According to a report published by the World Economic Forum (refer to my tweets), 2018 is going to be a huge tipping point. For the first time since civilization began, more humans are either rich or in the middle-class as opposed to those in poverty or susceptible to poverty). More than 50 percent of the population will now be classified as those falling in the middle class ( household spending $11-110 per day per person in 2011 PPP) compared to those in extreme poverty ( per person earning below $1.9 per day). Continue reading “2018: Tipping Point: Rise of Middle Class”
FIFA World Cup starts on 14 of this month. According to FIFA, 44% of world’s population watched at least one minute of soccer during the last world cup. Not sure how the statistics i.e. the sampling worked out for this figure but the biggest sporting spectacle would start in two days.
Articles on impact investing in India. The article on fin-tech would be revised further.
Also, planning to feature a weekly synopsis of global news, especially news featuring financial markets, global development etc. Global readership has surpassed 23,000 times and its time to start some new features on the website. Stay tuned…