Rent Comparision. Came across this data-sheet, from Numbeo and WalletWyse. Just a beautiful piece fo work show the various cities of the world and the average cost of renting an apartment in these cities. Click to enlarge.
Alternative data is data about consumers or businesses that comes from non-financial payment reporting systems like telecom or utility payments. This data is not collected in the traditional credit system, thus the term “alternative data”. Quandl created this nifty infographic which lays out the taxonomy of alternative data and how it can be useful for […]
With all these cuts in Saudi government spending, construction is the largest sector that is affected. Some estimate cite as much as 45%. Outgoing remittances will be impacted and the results would clearly be noticeable in the coming quarters. Ministry budgets could be cut by a quarter; some ministries may also be merged or eliminated […]
Truth be told, I never thought about this line of thinking with respect to gold. It is one of those simple and elegant solution. Needless to say, there will be a huge debate ‘if’ it will happen or not, but nonetheless, elegant solution with respect to currencies and gold standard. Central banks are out of […]
With interest rates near zero (in some cases negative), it really does boggle the mind how the Central Banks of the world will attempt to jump-start their economies. We are now surely charting course for the unknown, so should I say, in the direction of unintended consequences. The Federal Reserve could push banks to lend […]
Love the title of this article, and a brilliant (short) read on what is really happening in the world. If people paid more attention to those who conduct empirical research, they will find out that things are not as rosy as they seem. A storm on the horizon threat has been looming for too long. […]
This is one of the few must hear podcasts that gives a glimpse on a changing House of Saud. How the Saudis are recalibrating their lives in the today’s era of depressed oil prices and faced with a budget deficit. One of these changes is how the work-force is changing. Labour markets in Saudi Arabia will […]
World’s Largest Economies: Projected GDP in 2030 What would the projected GDP of the world’s largest economies look like in 2030? Well the US Department of Agriculture does have that figure.
On a recent visit to Tanzania, I went out for a field trip to study payments. We were out exploring the streets and how people paid each other, when I came across a street vendor selling shoes. I paused.
UAE took an unprecedented step by removing oil subsidies for the price of gas one pays at the pump. The subsidies that UAE is removing will amount to a saving of 5.6% of GDP for UAE. Other GCC states might follow, for Saudi Arabia it is a 11.5% of GDP spend and for Qatar 5.5%, […]