Twenty-five economists set out the challenges posed by a global economy
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http://emakemoneynews.com/yt-best-biz Best Small Business Ideas to Start in a Bad Economy addresses the problem faced by business owners during a recession. …
BRENT CHRISTENSEN — Entrepreneurs: A vital fuel for Mississippi's Economy
However, the Center's new location offers an expanded capacity to efficiently provide budding entrepreneurs and existing small businesses the advice, training and resources needed to turn their creative business ideas into a thriving part of …
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Frozen Food Market – Global Industry Analysis, Size, Share, Growth, Trends …
The increasing number of women in the workforce, changes in consumer purchasing patterns, busy lifestyles and the availability of a wide range of frozen products in different categories are the factors leading to the growth of the frozen food market …
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EARTH DAY: Save an animal, go vegan
Food and water that is used to feed livestock on factory farms could be redirected to nourish hungry people on the planet. Animal … Reporter Laurie Lucas hosts the Retail blog. …. “Interim Superintendent Mike Fine had greater ideas. … to help …
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SAN JOSE and MOUNTAIN VIEW, Calif. (PRWEB) February 04, 2014
Silicon Valley’s economy is red-hot and leads the nation with extraordinary growth in jobs, income, innovation, venture capital investment and immigration, according to the 2014 Silicon Valley Index released today by Joint Venture Silicon Valleyand Silicon Valley Community Foundation.
The comprehensive yearly analysis of the economic strength and overall health of Silicon Valley alsoshows the most impressive gains in commercial development in a decade, a 52 percent increase in foreign immigration and the highest net migration in 14 years. But the data also indicates that the new wave of prosperity poses greater challenges for the region to accommodate sustained growth and that the gains are bypassing the lowest earning groups, leaving the less affluent further behind than ever.
“The Silicon Valley economy is sizzling like nowhere else in the country,” said Russell Hancock, President and CEO of Joint Venture. “A surge of innovation between San Jose and San Francisco is driving prodigious growth from Market Street to Market Street, but with that comes tough new challenges in housing, transportation and infrastructure for the entire region.”
“This year’s Index proves that a rising tide is not enough to lift all boats,” said Emmett D. Carson, Ph.D., CEO and President of Silicon Valley Community Foundation. “The gaps and disparities, particularly for low and middle income households and along racial lines, are more pronounced than ever. The community must take deliberate policy actions to make sure that everyone has the opportunity to share in the region’s prosperity.”
The 72-page 2014 Index reports the latest data and trends in economic development, workforce, housing, education, public health, land use, environment, governance, arts and culture and other sectors throughout Santa Clara and San Mateo counties, andportions of Alameda and Santa Cruz counties and San Francisco.
The Index is published in conjunction with the annual “State of the Valley” conference, a town hall-style gathering of regional leaders, elected officials and citizens in a daylong discussion of Silicon Valley’s economic opportunities, challenges and future. The 2014 conference takes place Friday, Feb. 7, at the Santa Clara Convention Center. Keynote remarks by Lieutenant Governor Gavin Newsom, Khan Academy founder Salman Khan and demographer Manuel Pastor.
Other highlights of the 2014 Index include:
Jobs –The region added 46,665 jobs in 2013, an increase of 3.4 percent over the prior year. California as a state, meanwhile, is still 2.2 percent below pre-recession jobs totals. The job growth is driven by computer hardware design, information services and the Internet industry, plus community infrastructure, health care, construction, and a range of other business services. The regional unemployment rate has continued its downward trend, reaching 5.8 percent in November 2013. While unemployment has declined among nearly all racial/ethnic groups in Silicon Valley since 2011, it is still over 10 percentfor African-Americans.
Innovation and investment – The number of patent registrations rose to 15,057 in 2012, an 11 percent increase over 2011. The region’s share of California and U.S. venture capital investments increased in 2013 to 77 percent and 39 percent, respectively. The region’s share of angel investment in California increased to 87 percent. Silicon Valley had 20 IPOs in 2013, an increase of 3 over the previous year.
Population – The region’s population growth has accelerated over the last year due to a 52 percent increase in foreign immigration in 2013 over the previous year. The region’s total population grew 1.31 percent last year compared to 0.88 percent statewide, and our net migration (13,766 people) has not been this high since 1997, when it reached a high of 14,515.
Income – The share of households in Silicon Valley earning more than $ 100,000 increased two percentage points to 45 percent in 2012, while the share of households earning $ 35,000 to $ 99,000 decreased two percentage points to 35 percent.Although median household income has finally started to increase following a four-year decline (up $ 1,028 between 2011 and 2012), the increase in average annual rental expenses (up $ 1,526) is outpacing income gains. Income disparities persist between racial and ethnic groups. The lowest-earning racial/ethnic group earns 70 percent less than the highest earning group.
Housing – Silicon Valley’s housing market is becoming an increasingly inhospitable environment for first-time homebuyers. Fewer than half of Silicon Valley’s first-time homebuyers can afford to purchase a median-priced home, compared to 59 percent in the state. And while the total number of home sales has picked up, median prices continue to climb (an increase of 10 percent in the last year). While 7,431 new residential units in building permits were issued in the first 11 months of 2013 – a high number compared with previous years – it is not enough to support the 33,636 new residents.
Published annually since 1995, the Silicon Valley Index findings are reported in five major sections: People (talent flows and diversity); Economy (employment, innovation, entrepreneurship, commercial space, income); Society (preparing for economic success, early education, arts and culture, quality of health, safety); and Place (environment, transportation, land use, housing; Governance (revenue).
Joint Venture added Silicon Valley Community Foundation as its partner on the Index and lead sponsor for State of the Valley in 2008. The Index is accessible online at http://www.siliconvalleyindex.org andmay be downloaded from the Joint Venture website at http://www.jointventure.org or the SVCF website at http://www.siliconvalleycf.org.
ABOUT JOINT VENTURE SILICON VALLEY
Established in 1993, Joint Venture provides analysis and action on issues affecting the Silicon Valley economy and quality of life. The organization brings together established and emerging leaders—from business, government, academia, labor and the broader community—to spotlight issues, launch projects and work toward innovative solutions. For more information, visit http://www.jointventure.org.
About Silicon Valley Community Foundation
Silicon Valley Community Foundation makes all forms of philanthropy more powerful. We serve as a catalyst and leader for innovative solutions to our region’s most challenging problems and give more money to charities than any other community foundation in the United States. SVCF has more than $ 4.7 billion in assets under management. As Silicon Valley’s center of philanthropy, we provide thousands of individuals, families and corporations with simple and effective ways to give locally and around the world.
Find out more at http://www.siliconvalleycf.org
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Princeton, NJ (PRWEB) March 28, 2013
The Green Economy is launching a crowd-sourcing campaign through Kickstarter.com in April, coinciding with the launch of their redesigned website. The campaign will enable the company to reach new audiences through a series of podcasts.
“We have formed an alliance with a firm of nationally known documentary filmmakers to help us make professional level podcasts that will bring a new dimension to reporting on the green economy,” says Tana Kantor, publisher. “To accomplish this, we are going for funding from a number of sources.”
Besides continuing to report on successful business strategies, The Green Economy is upgrading its website with extensive visual representations. The magazine is expanding its hugely successful internship program, which helps young journalists and designers begin their careers in all areas of publishing.
The Green Economy is an online magazine and website, providing reliable, fact based, in-depth reporting on energy, technology, policy, design and finance. Its writers engage with leaders in the business world who are successfully tackling environmental sustainability. The Green Economy tells their stories.
Bharatiya Janata Party vows to improve economy, end policy paralysis
“We have chalked out a plan to improve the economic situation in the country in the manifesto. As far as infrastructure …. A professor of philosophy at New York's Baruch College once sat down opposite me in Au Bon Pain café in Harvard Square and the …
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"What's a Tinder?"
It calls to attention though, that online people can carefully plan their every word, picture, post. We construct an identity for ourselves that is a fallacy of our true self. On a coffee date you can't stop and ask for advice on how to reply, or post …
Read more on Huffington Post (blog)
Minneapolis, Minnesota (PRWEB) March 29, 2013
Local startup Heroic (http://www.beheroic.com/) teams up with CRAVE Restaurants to celebrate the hardworking service economy in Minneapolis through a campaign called “Who Do You Love?” (http://www.beheroic.com/whodoyoulove). They are seeking recommendations from the public to discover little-known experts, artisans, and local craftsmen. The first 100 participants win a $ 20 gift card to CRAVE restaurants, and one will win one-year of free house cleaning.
Heroic is a newly formed community in the Twin Cities and is a free place for friends and neighbors to share recommendations of local service providers, like painters, carpenters, and mechanics. Who Do You Love is inspired by co-founders Dan Linstroth and Reed Robinson’s discovery of a little-known bike mechanic working out of his basement in Minneapolis named Sam Reinert.
“I discovered Sam through a recommendation from Reed and he blew me away with his service,” says Linstroth. “He’s an absolute expert, provides incredible customer service, and charges a neighborly price.”
By making this connection, the two friends began wondering how many people like Sam exist in the Twin Cities of other crafts. Who Do You Love was born, and they’re seeking word-of-mouth recommendations from the community to uncover more experts, just like Sam.
“These are the hardworking, honest people that make our neighborhoods run,” adds Linstroth. “They are the soul of our local economy and deserve to be recognized.”
Heroic is encouraging people to share by offering a limited number of Gift Cards to CRAVE restaurants and the chance to win one-year of free house cleaning.
“CRAVE was very generous in showing their support for this idea and Happy Earth Cleaning Company, another fantastic service provider, chipped in the incredible cleaning offer,” says Linstroth with excitement. “We’re very grateful for their participation.”
The Who Do You Love campaign emphasizes the core of Heroic,“which is friends and neighbors sharing good old-fashioned referrals,” says Linstroth. “We want to facilitate this age-old, word-of-mouth behavior online while helping people like Sam get discovered.”
The service provider of the winning recommendation will also win prizes from Heroic. Professional photos and video plus a free premium upgrade on the site are all meant to celebrate the winning expert from the local service economy.
About Heroic
Heroic (http://www.beheroic.com/) is a free place for friends to share recommendations of favorite service providers. A personal referral from a friend or neighbor is the best source of information. Heroic is also free for service providers and will be incorporating a premium version in the future. The company is currently available in the Minneapolis/Saint Paul market and features service providers in 150 categories, all crowd-sourced and user-verified through personal recommendations. The company was founded by Justin Barrett (CEO), Ethan Otterlei (CTO), Reed Robinson (CPO), and Dan Linstroth (CMO).
Who Do You Love, Video [1:11] – http://www.youtube.com/watch?v=7OBQYkPQffs
The Heroic Story, Video [1:08] – http://www.youtube.com/watch?v=Bc7FtxCjjYY
Sam’s Story, Video [2:59] – http://www.youtube.com/watch?v=rIp_tOqqOjA
to see more videos here: https://www.youtube.com/user/AnimalSex77 for copyright listed in the video. please no haters please like and subscribe in accident, …
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Dreams turn sour as state's economy crumbles
GAVAN Doyle founded his business by designing components for parts suppliers to Ford and Holden. Dinkus for new … The only state founded on an idea, South Australia has somehow conspired for almost 180 years to turn that concept inside out. The rest …
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Spain judge orders ETA verification panel to court
Committee spokesman Ram Manikkalingam said Friday that ETA had placed a small quantity of weapons out of use in what is viewed as a first step toward an unconditional total disarmament. ETA is blamed for killing some 830 people between the late 1960s …
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Dishonest People Are Also Creative, Study Finds
"There are many, many great ideas locked inside of us," she says. "We just need to close … to connect with people." — <i>Fast Company</i> For the full list of <a href="http://www.fastcompany.com/most-creative-people/2011" target="_hplink"> The 100 …
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http://www.thenational.ae/news/worldwide/asia-pacific/is-the-global-economy-back-on-an-even-keel
Day rates for the movement of goods around the world hit their peak in early 2008, a few months before the global financial crisis. Which direction are these same prices heading in now, and can the shipping industry help predict the direction of the global economy?
Day rates for the movement of goods around the world hit their peak in early 2008, a few months before the global financial crisis. Which direction are these same prices heading in now, and can the shipping industry help predict the direction of the global economy?
Munshi Ahmed / Bloomberg
A port in Singapore. Around 90 per cent of all the world’s goods are transported by sea, meaning that when economic activity is strong, the shipping industry is buoyant.
A port in Singapore. Around 90 per cent of all the world’s goods are transported by sea, meaning that when economic activity is strong, the shipping industry is buoyant.
Bloomberg
Khalifa Industrial Zone Abu Dhabi, which is being constructed between Abu Dhabi and Dubai, is one of the largest infrastructure projects in the world.
Khalifa Industrial Zone Abu Dhabi, which is being constructed between Abu Dhabi and Dubai, is one of the largest infrastructure projects in the world.
Forty-two floors up, from the window of Mercator’s meeting room, Singapore stretches out, a landscape of order, dotted with trees and water.
To the south, a haze of humidity hangs on the horizon, reducing the Indonesian islands to no more than an outline. Ships, trawlers and tankers sit between these two points, like toys in a bath, motionless in their motion. These are some of the world’s busiest shipping lanes, the blue of the ocean endlessly crossed by small black lines, keeping the economy of the world moving.
In the meeting room far above the sea, K Srivastava, a vice president of Mercator in Singapore, is explaining why the company he works for adopted a cautious approach during the heady days of the first half of 2008.
“We could see the cracks,” he says, “We could see the cracks very visibly because the day rates were so high. That on a long-term basis with that kind of day rates, one wonders whether any business can be sustainable.”
Mercator is one of the world’s leading dry bulk shipping companies, a company that moves vast quantities of dry goods – grains, coal, iron ore – around the world, servicing the factories and industries that keep the global economy moving.
Back in 2008, in the months before the financial markets collapsed, the per-day price for moving a shipment was vast. Companies such as Mercator were making huge profits. By one estimate, the shipping industry made an estimated US$ 80 billion (Dh294bn) in profits in 2004. But something didn’t quite add up.
“We found the day rates were too high, [too] unrealistic. The day rates were about $ 80,000 (Dh294,000) to $ 100,000 in the peak of times. So everybody who has a ship was earning $ 100,000 per day. Now that has a couple of implications. Operating costs for a ship are typically in the range of $ 5,000 per day. If you were to say you are earning $ 100,000 and operating costs are $ 5,000 … it’s still a lot of money. And therefore something had to be bizarre there.”
Mercator’s reaction to this situation was to hold fast, not taking on loans or debts. The day rates, notes Srivastava, were at their highest level for a decade. Other indexes were also high, at record levels. The Baltic Dry Index (BDI), a measure of the daily average cost to ship dry bulk commodities, was at record levels.
Hypo Venture Capital Zurich Financial News and latest headlines – Hypo Venture Capital Zurich, Switzerland is an independent investment advisory firm which focuses on global equities and options markets. Our analytical tools, screening techniques, rigorous research methods and committed staff provide solid information to help our clients make the best possible investment decisions. All views, comments, statements and opinions are of the authors. For more information go to www.hypovc.com.
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