The Credit Suisse US Store Closure Index shows 2019 is on track to be the biggest store closure year in the 24-year history of the index. Credit Suisse projects that retail store closures will accelerate in 2020. Credit Suisse is lowering EPS estimates by –3% on average for 2019 and by –5.5% for 2020 for …
The U.S. Treasury will block $7 billion in assets of Venezuela’s state-run oil firm PDVSA. The [US] Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated Petroleos de Venezuela, S.A. (PdVSA) pursuant to Executive Order (E.O.) 13850 for operating in the oil sector of the Venezuelan economy. …. As Venezuela’s state owned oil …
OPEC said world oil consumption will reach 100 million barrels per day (bpd) later in 2018. This milestone level will be reached sooner than previously forecast. Mohammad Barkindo told an energy conference in South Africa’s Cape Town that a stable environment was needed to encourage oil industry investment to meet the rising demand. Barkindo said …
Canada will be boosting immigration from 290,000 in 2017 up to 340,000 in 2020. About 58% will be under economic immigration programs. StatCan population forecast to 2036 In 2036, the five CMAs with the highest proportions of immigrants in their populations would be Toronto (between 46.0% and 52.8%), Vancouver (between 42.1% and 48.5%), Calgary (between …
Canada will be boosting immigration from 290,000 in 2017 up to 340,000 in 2020. About 58% will be under economic immigration programs. StatCan population forecast to 2036 In 2036, the five CMAs with the highest proportions of immigrants in their populations would be Toronto (between 46.0% and 52.8%), Vancouver (between 42.1% and 48.5%), Calgary (between …
Give more Russian athletes have been banned for life. The International Olympic Committee will decide next week whether Russia can compete at the 2018 Winter Olympics in South Korea. As of Monday, the IOC has banned 19 Russian athletes and annulled 12 medals since it began two separate anti-doping investigations. One of the Russian scientists …
China’s National Bureau of Statistics has been publishing the data on the “age-specific fertility rate of childbearing women” – the measure of how many children were born to different age groups – annually since 2004. But in the 2017, China’s statistics yearbook those figures were removed. According to figures from the statistics agency, there were …
Here is a review of some perspectives on China’s future growth. China’s new economy is growing faster and becoming a larger part of the economy from 8% in 2014 to 12% this year and 15% in 2020. There could be structural and other economic reforms announced at a key October 18 meeting. China has accounted …
Supercapacitors have long been far faster charging than batteries but usually have 40 times less energy density (5 watt hours instead of 200 watt hours) compared to batteries. There are new supercapacitors being commercialized with 60 watt hours of energy density and 100 watt hour energy density is being reported in lab results. Yunasko is …
The Center for International Development at Harvard University (CID) has GDP growth projections from now to 2025. Canada and Japan have surprisingly high average GDP growth from 2017 to 2025. If China were to maintain 1.54% more growth than the USA then China would gain about 16% from now to 2025 in overall economy. India …
Rethinkx has a new report Rethinking Transportation 2020-2030: The Disruption of Transportation and the Collapse of the ICE Vehicle and Oil Industries. By 2030, 95% of U.S. car miles traveled will be in self–‐driving, electric, shared vehicles. Nextbigfuture has discussed similar concepts in prior articles. Rethinkx has put together a comprehensive report and analysis. Nextbigfuture …