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2024 Biggest Crash of our Lifetime ?
Where do we stand after 2 years of COVID ?
Published: March 12th, 2024
U.S. economist predicts 2024 will bring 'biggest crash of our lifetime'
2 Years Later: Where does the COVID-19 Pandemic stand ?
Where do we stand after 2 years ?
Published: March 13th, 2022
It’s been two years since the World Health Organization (WHO) sounded the alarm on the coronavirus, declaring that a virus Americans had apprehensively watched from afar as it emerged from China,
surfaced in Europe and struck decisively on the West Coast was, in fact, a global pandemic.
“This Friday marks two years since we said that the global spread of COVID-19 could be characterized as a pandemic,”
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Tedros (WHO) said at a press conference this week, adding a sobering assessment of how far the world has come. “As a reminder,
we made that assessment six weeks after we declared COVID-19 a global health emergency – when there were fewer
than 100 cases and no deaths outside China. Two years later, more than 6 million people have died.”
“It’s time for America to get back to work and fill our great downtowns again with people,” Biden said during his State of the Union address. “People working from home can feel safe and begin to return to their offices.”
The Great Return: Companies Are Calling Their Workers Back to the Office as COVID-19 Fades
Economists at Goldman Sachs have now cut their forecast for growth for the world’s largest economy in 2022 to 1.75%
Published: March 12th, 2022
After grappling with the Great Resignation and the Great Retirement, the workplace is now facing the Great Return.
Led by the giants of the financial services and technology industries, companies are calling their employees back to the office as the second anniversary of the coronavirus pandemic nears.
Citigroup, BNY Mellon, Google and Twitter are just some of the big names
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that have told employees
to plan for working in their offices this month, with many offering hybrid options such as a couple of days in the office and a couple of days remote work.
“It’s been almost two years since we closed our offices and travel, and I’m excited to announce that we’re ready to fully open up business travel and all our offices around the world!” Twitter CEO Parag Agrawal told employees on Wednesday. “Business travel is back effective immediately, and office openings will start on March 15.”
The U.S. stock market put in a resilient performance on Thursday, given the data showing inflation surging to a new 40-year high even before the impact of the recent sanctions on Russia, what appeared to be a pretty dismal result from the Russian-Ukrainian meeting of foreign ministers in Turkey, and a surprisingly hawkish decision by the European Central Bank.
U.S. Inflation Skyrockets, 64% of Americans Live Paycheck to Paycheck, S&P 500 Chart Shows Death Cross Imminent
U.S. February Consumer Prices Rose 7.9% From Year Earlier
Published: March 11th, 2022
Inflation continues to rear its ugly head in the lives of Americans, as 64% of U.S. residents are living paycheck to paycheck. Equities futures indicate Wednesday’s trading sessions may see stocks heal
after the last two days of significant capitulation. However, the S&P 500 index is showing an ominous death cross ahead, which means the U.S. economy could face a longer-term downtrend.
U.S. inflation numbers hit 7.9% in February,
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up from 7.5% the month before, and in line with expectations.
Huge Gas Price Spikes will Hurt all Americans.
The move is likely to drive up U.S. pump prices that have already risen past $6-per-gallon in many places.
“The 12-month increase has been steadily rising and is now the largest since the period ending January 1982. The all items less food and energy index rose 6.4 percent, the largest 12-month change since the period ending August 1982,” the U.S. Bureau of Labor Statistics wrote.
Which Stocks are Better to Buy – Oil, Gas or Renewable
Even while consumer demand has remained steady, fossil fuels, and renewable energy shares have entered some choppy waters
Published: March 10th, 2022
Oil and natural gas have been able to reclaim their spot on the stock market in recent days, as ongoing political tension between Russia and Western allies has kickstarted a price rally for fossil fuels.
The announcement on March 8, by president Biden, claiming all imports of Russian oil, gas, and energy sources will be banned at all American ports of entry
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has left investors seemingly hawkish,
even as the Brent crude was trading well above $100 per barrel, an increase last witnessed in 2008.
Even while consumer demand has remained steady, and countries imposing stricter diplomatic sanctions on Russia, fossil fuels, and renewable energy shares have entered some choppy waters in recent days, leaving investors on both sides of the aisle on whether the oil bubble is set to burst, or if renewables are still the safer bet?
The European Central Bank meets as war clouds Europe’s economic outlook
The E.C.B. faces a troublesome assembly
Published: March 09th, 2022
The warfare in Ukraine, together with Europe’s dedication to finish its dependence on Russian vitality, has instantly muddied the outlook for financial development and inflation on the continent. On this difficult surroundings, the European Central Financial institution will announce its newest coverage choices on Thursday.
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Inflation is already almost triple the central financial institution’s goal, and Russia’s invasion of Ukraine has despatched vitality and commodity costs hovering. The warfare is prone to hold inflation elevated for longer than anticipated simply weeks in the past, and improve the stress on the central financial institution to map out an finish to its bond-buying applications and lift rates of interest.
However whereas a rising variety of financial institution policymakers have expressed unease with the excessive inflation, some analysts predict that any huge coverage choices shall be delayed due to the uncertainty introduced on by the warfare. Members of the financial institution’s governing council will need to hold as many choices open as potential, analysts stated, as a result of the upper price of vitality can also be set to weigh on the economic system as companies wrestle to pay their payments and client confidence falls.
On Wednesday, Italy’s statistics company estimated that the surge in vitality costs might reduce the nation’s financial development this 12 months by 0.7 share factors. On Thursday, analysts at Goldman Sachs downgraded their forecast for eurozone development. They stated the area’s economic system would develop 2.5 p.c this 12 months, down from 3.9 p.c beforehand predicted.
“The E.C.B. faces a troublesome assembly,” analysts at Financial institution of America wrote in a observe. Russia’s invasion of Ukraine and its financial penalties are prone to “delay, however not derail,” the central financial institution’s plans, they added.
U.S. Treasury Yield Curve Highlights Recession Signals
Analyst Thinks Fallout Will Be '10x Worse Than the Great Depression'
Published: March 08th, 2022
Fears of a recession and a 1970s-style stagflation economy continue to grip Wall Street and investors this week, as multiple reports show that recession signals have intensified. With oil and commodity prices surging, Reuters reports that investors are “recalibrating their portfolios for an expected period of high inflation and weaker growth.”
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The most exciting thing this year. Will be global markets collapsing. Any market that trades above 0 will be too high. They will call this: ‘The greater depression’ which will be 10x worse than the Great Depression.
The End (of the Stock Market Correction) may be Near
The end of the stock market’s correction may be near.
Published: March 07th, 2022
That’s because I just received an email from a prominent money manager declaring that “buy and hold is dead.” Like the first robin of spring
heralding warmer weather around the corner, emails such as this one are a contrarian signal that the tide is about to turn.
That’s because the relative popularities of market timing and buying-and-holding follow a fairly predictable cycle. Buying and holding
will be at its most popular at market tops and least popular at bottoms. Just the reverse will
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be the case for market timing.
This cycle exists because investors are like the generals always fighting the last war. During bull markets investors learn that buying and holding is the most profitable course of action, and that every dip is a buying opportunity. They continue behaving this way even after the market’s trend turns down.
G7 Countries, EU Taking Measures to Prevent Crypto Use to Evade Sanctions
The Group of Seven (G7) nations are reportedly examining ways of sanctions
Published: March 04th, 2022
The Group of Seven (G7) nations are reportedly examining ways to stop individuals and companies from using cryptocurrencies to circumvent Western
sanctions following Russia’s invasion of Ukraine. The G7 countries comprise Canada, France, Germany, Italy, Japan, the UK, and the U.S.
Finance ministers and central bank governors of the G7 countries held virtual meetings this week together with Ukraine’s Finance
Minister Serhiy Marchenko. “We should take measures to prevent listed persons and institutions from switching
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to unregulated crypto assets,” said Germany’s minister of finance.
He explained that “It’s about maximally isolating Russia at all levels” and having a “maximum ability to sanction,” which he said includes crypto.
The French finance minister added that the sanctions against Russia have been very effective, stating that it has disorganized the Russian financial system and paralyzed Russia’s ability to protect the ruble.
The Temperature of the Markets is going up rather quickly
Published: March 02nd, 2022
Wall Street dipped back into the red on Tuesday. The S&P 500 lost 1.55%, the Dow (DJI) dumped 1.76%, the Nasdaq (NDX) sank 1.63%, and the Russell 2K (RUT) dropped 1.93% as the weakest link.
Commodities are coming out on top though. Goldman Sachs Commodity Index closed at ten-year highs on Tuesday, now up 26.7% for the year.
Energy was the only sector that spent Tuesday in the green, and oil popped past $110 in
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Wednesday morning trading – its highest level since summer 2014.
Investors aren’t the only ones reacting to the crisis in Ukraine, with a number of big Western brands pulling back from Russia. Apple (AAPL)
has suspended the sale of all its products in Russia, joining the likes of Nike (NKE), Ford (F), Boeing (BA), and Disney (DIS) in pulling back
their involvement in the country to various degrees. As Veracity Worldwide’s Steven Fox said: “The temperature is going up rather quickly”.
BREAKING: Only 20% of Americans want U.S. to play a major role in Russia-Ukraine conflict
Americans don't want the U.S. to play a major role in Russia-Ukraine conflict
Published: February 25th, 2022
A recent poll released on Wednesday has revealed that a large majority of Americans do not want the country to play a major role in the escalating
Russia-Ukraine conflict.
50 percent of Americans said the country should have a minor role in the conflict, while 26 percent said the US should have no role at all.
The poll's findings reveal that while this conflict across the world may be at the forefront of politicians' minds in the coming months,
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economic issues
like inflation are a bigger priority to American voters as the 2022 midterm elections loom closer.
Split by party affiliation, Democrats were more likely than Republicans to think the US should have a major role in the conflict, 32 to 22 percent.
The poll also reveals that Biden's approval rating in regards to the US' relationship with Russia are falling, dropping from 49 percent last June to 41 percent.
Facebook, Google, Amazon and more marked Black History Month with fanfare
Facebook, Google, Amazon and more marked Black History Month with fanfare — after donating to lawmakers who blocked voting rights bills
Published: February 18th, 2022
A liberal-leaning advocacy group argues that companies’ commemorations of Black History Month look hypocritical given their political spending.
Some major U.S. companies, including Verizon, Facebook owner Meta, Google parent Alphabet and Amazon, have publicly highlighted their
efforts to commemorate Black History Month. But those same companies have also contributed to
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lawmakers who blocked two federal elections bills in 2021.
That’s according to Accountable.US, a liberal-leaning advocacy group that released a new analysis of corporate spending this month that found at
least $459,000 in donations to U.S. lawmakers who blocked the Freedom to Vote Act and the John Lewis Voting Rights Advancement Act, key pieces of
legislation that backers say would help the very communities the companies claim to support.
European stocks markets and US futures are in relatively buoyant mood
Published: February 16th, 2022
European stocks markets and US futures are in relatively buoyant mood while oil prices fell over 2% on more hopeful signs of a peaceful
end to the Ukrainian crisis.
Yesterday, the S&P500 pushed off the Fib level (23.6%) of this year’s high to low move at 4370. But prices remain below the 200-day
simple moving average and the next Fib level (38.2%) at 4453/4456. Any more concrete assurances from
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the main man in the Kremlin would see more buyers potentially enter the market, with targets above
including the previous recent highs just below 4600, which includes the 100-day simple moving average.
Recent safe haven buying saw gold hit eight-month highs earlier this morning at $1879. Several other factors have also encouraged buying
of the precious metal lately. Rampant inflation with oil nearing $100 while at the same time hurting global growth and possibly reducing
the number of future rate hikes, has no doubt helped.
How average Americans are wondering what’s wrong with the Wall Street
Published: February 08th, 2022
As the stock market has convulsed lower and yields for bonds have surged in recent weeks, culminating in a so-called correction for the
Nasdaq Composite Index, average Americans are wondering what’s wrong with the Wall Street.
To be sure, the market isn’t crashing inasmuch as the term “crashing” is even a quantifiable market condition. Declines in stocks and
other assets are sometimes described in hyperbolic terms that offer little real substance about the significance of the move.
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Equity benchmarks are being substantially recalibrated from lofty heights as the economy heads into a new monetary-policy regime in the
battle against the pandemic and surging inflation. On top of that, doubts about parts of the economy, and events outside of the country, such as China-U.S. relations, the Russia-Ukraine conflict, and Middle East unrest, are also contributing to a bearish, or pessimistic tone, for investors.
Amazon, Facebook set Washington Lobbying Spending Records
Big Tech Lobbying: Outlays come as Big Tech increasingly find itself in Washington’s cross hairs
Published: February 02nd, 2022
Amazon with its subsidiaries and Facebook’s parent company set records in their spending on Washington lobbying last year with outlays
of at least M$20.3 and M$20.1, respectively, according to disclosures filed late Thursday and past filings aggregated by OpenSecrets.
The e-commerce giant AMZN, -3.81% and Meta Platforms FB, -2.34%, then known as Facebook, had set records in 2020 with their lobbying
spending of just under and above M$19,
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and now their 2021 outlays have exceeded those totals.
Amazon and Meta rank as the leaders in lobbying spending among the country’s five biggest technology companies by market value, exceeding the other giants’ outlays. Alphabet parent Google GOOG, -0.71% GOOGL, -0.64% and its subsidiaries shelled out at least M$11.5 last year, Microsoft MSFT, -0.07% spent M$10.3, and Apple AAPL, -0.64% paid out M$ 6.5.
Stocks mixed as inflation rises by most since 1982
Stocks traded lower Friday as investors took in earnings results from major tech companies
Published: January 28th, 2022
Stocks traded lower Friday as investors took in earnings results from some major tech companies and another hot print on inflation at
the end of another volatile week.
The S&P 500 and Nasdaq turned lower. The Dow dipped, even as component stock Apple (AAPL) jumped after the iPhone-maker reported record
quarterly sales and better-than-expected profits despite supply chain challenges.
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Fresh economic data was also in focus on Friday. The latest inflation data showed another multi-decade high rate of price increases, as the Personal Consumption Expenditures (PCE) index posted a 5.8% year-over-year rise in December, or the biggest jump since 1982. Core PCE, which excludes more volatile food and energy prices, rose at a 4.9% annual rate, representing the largest leap since 1983.
The S&P 500 was on track to post a weekly loss of about 1.3%, based on Thursday's closing prices. The Dow and Nasdaq have each also fallen over the course of the past week.
The European Central Bank (ECB) set new rules for electronic payment instruments
Published: December 06th, 2021
The European Central Bank (ECB) has published a new oversight model for the PISA framework that covers electronic payment instruments,
schemes and arrangements, aiming to introduce more safety and efficiency into the current and future payments ecosystem. The latest
move complements the European Union’s forthcoming regulations on crypto assets, including stablecoins, and international standards
for global stablecoins, the bank said.
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“The retail payments ecosystem is evolving fast owing to innovation and technological change. This calls for a forward-looking approach in overseeing digital payment solutions,” Fabio Panetta, Executive Board member at the ECB, as quoted in the statement.
UN’s COP26 Climate Change Goals include Emerging Tech and Carbon Taxes
New global carbon market rules emerge from the UN’s COP26 conference
Published: November 20th, 2021
The 2021 United Nations Climate Change Conference (COP26), where I exhibited my art, took place in Glasgow, Scotland and ended with the adoption
of the Glasgow Climate Pact, bringing nearly 200 countries closer to keeping global temperature rise by 2100 under 1.5 degrees Celsius.
The conference remained more focused on emission reductions than on developed countries’ provisions of support to developing countries, as
outlined in UN-Energy’s summary of the Ministerial Thematic Forums, which highlighted key recommendations and
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milestones toward the achievement of Sustainable Development Goal 7 and net-zero emissions. Key elements of the global roadmap include:
Close the energy access gap: Provide electricity access for the globe’s 760 million people who lack it. Ensure clean-energy cooking solutions for the 2.6 billion people who rely on harmful fuels.
Rapidly transition to clean energy: Abandon all coal plants in the pipeline, and reduce coal power capacity by 50% by 2030. Rapidly scale up energy transition solutions to reach 8,000 gigawatts of renewable energy by 2030 by increasing the annual rate of energy efficiency from 0.8% to 3.0%.
Leave no one behind: Integrate equity and equality in energy-sector policy by planning and financing, creating green energy jobs, and mainstreaming energy-sector policies and strategies into ones that ensure just energy transitions.
Mobilize adequate and well-directed finance: Triple clean-energy investment globally by 2030 to accelerate access to finance. Phase out inefficient subsidies for fossil fuels to support market-based transitions to clean energy. Create enabling policy and regulatory frameworks to leverage private-sector investment in clean energy.
Harness innovation, technology and data: Expand the supply of energy innovation that addresses key gaps and increases demand for clean, sustainable energy technologies and innovation through market-oriented policies, harmonized international standards and carbon pricing mechanisms.
The COP26 conference made history for being the first climate summit to explicitly include a “phasedown of coal” in its decision, and it laid out new rules for carbon market mechanisms, commonly referred to as Article 6. A recent research paper estimated that putting a global carbon market in place would save the world around $300 billion annually by 2030.
Media Pundits Claim 'Inflation Is Good' as Americans Struggle With Less Purchasing Power !
Published: November 19th, 2021
Inflation in the U.S. has a large number of Americans worried about the future of their purchasing power as the cost of goods
and services has continued to rise faster every month. Reports note that Americans are struggling to pay for child care, groceries,
gasoline, lumber, healthcare supplies, and used vehicles. On Friday, Harvard economist Kenneth Rogoff told the press U.S. inflation
was “eye popping” and in terms of where inflation is headed, Rogoff stressed he thinks “we’re on a knife-edge.”
Members of the U.S. Central Bank Begin to Favor Tapering Asset Purchases — Taper Discussions to Likely Happen at Fed’s December Meeting.
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The U.S. central bank’s policymakers are publicly debating whether or not the Federal Reserve will taper bond purchases and raise the benchmark interest rate.
Fed Governor Christopher Waller told the press today that the tapering should begin soon. “The rapid improvement in the labor market and the deteriorating inflation data have pushed me towards favoring a faster pace of tapering and a more rapid removal of accommodation in 2022,” Waller explained in New York.
The central bank’s vice chair, Richard Clarida, also spoke about tapering today at the San Francisco Fed’s 2021 Asia Economic Policy Conference. “I’ll be looking closely at the data that we get between now and the December meeting, and it may well be appropriate at that meeting to have a discussion about increasing the pace at which we are reducing our balance sheet,” Clarida stressed. “That will be something to consider at the next meeting,” he added.
U.S. Dollar’s Purchasing Power Declines
The rising inflation has taken place in America following the U.S. government’s attempt to mitigate the Covid-19 pandemic with lockdown mandates, shutting down small businesses, and choking the supply chain with coronavirus safety measures. Additionally, the government and Federal Reserve increased America’s monetary supply more so in two years than in the country’s 242 years prior.
The U.S. dollar doesn’t go as far anymore, as the cost of beef, hotel and motel accommodations, gasoline, laundry supplies, natural gas, eggs, vehicle rentals, furniture, and used cars has skyrocketed over the last 12 months. Metrics from visualcapitalist.com indicate that the U.S. inflation rate saw the largest increase in 30 years. Moreover, the cost of fuel, transportation, and meat products have seen the largest price jump, rising from 24% to 39% in just a year.
Childcare and other costs associated with parenting are also surging and bars and restaurants are wrestling with inflation, a labor crisis, and supply chain crunch all at the same time. Across the nation, prices have risen the highest in the Midwest and South in states like South Dakota, North Dakota, Nebraska, Iowa, Kansas, and Minnesota.
Despite the rising inflation, mainstream media (MSM) headlines have been telling the public things like “don’t worry about inflation” for months. The New York Times tried to explain this week that inflation “is linked to the economic recovery” and recently MSNBC deleted tweets that claimed, “the inflation we’re seeing now is a good thing.”
Harvard Economist: In Terms of Where Inflation Is Going ‘I Think We’re on a Knife-Edge’
Americans spending more dollars on goods and services has taken a toll on people’s funds and data shows that the so-called rising wages in America don’t seem to be measuring up to the inflation. There have been many reports presenting verifiable data showing that the rise in American wages does not make up for the rising inflation.
Today, Harvard economist Kenneth Rogoff spoke on the broadcast “Mornings with Maria” and the economist explained that America’s inflation is “eye-popping.” The former IMF chief economist told Maria Bartiromo that he thinks “we’re on a knife-edge” in terms of inflation and there’s a “50-50 chance or a little less” the Fed’s “transitory” prediction is correct.
“I think it’s pretty clear that the first stimulus right after Biden took office and maybe the one at the end of the year in 2020 [was] a little too late in the game,” Rogoff explained in his interview. “They have added to the inflation, along with supply chain and everything else,” he added.
Germany humiliated by economists in new damning survey (2021)
Foreigners give Germany bad marks as a business location !
Published: November 18th, 2021
Germany, the driven engine of EU's economy, has been dragging down all of Europe for almost 10 years !!!
Upon of many economic grievances and wrongdoing, Germany has been ranked as one of the least attractive locations for business,
according to a survey of global economists.
"Too expensive and too slow in the transformation": According to the auditing firm KPMG,
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foreign corporations are increasingly critical of Germany as a business location and are scaling back their investments. For the tax system and the digital infrastructure, there were particularly bad grades: Here, Germany has "lost further in competitiveness compared to the EU," said KPMG.
The auditors questioned 360 chief financial officers of German subsidiaries of international corporations from the USA, China, Japan and Europe. According to this, only 19 percent plan to invest at least ten million euros per year in Germany over the next five years. Four years ago, 34 percent wanted this.
The board members surveyed named an inadequate digital infrastructure as the greatest obstacle to investment. For 9 percent of the respondents it is "the worst in the EU", for a further 24 percent it is "one of the five worst in the EU". Another result of the survey: "Germany is too expensive - in terms of electricity, taxes and labor costs." When it comes to industrial electricity, Germany is now at the bottom of the list in the EU, with costs of 18.18 cents per kilowatt hour.
The CFOs surveyed rated the German tax system as "not competitive". Meanwhile, ailing roads, bridges and rails have also been criticized. Only 59 percent of the group board members surveyed classified the logistical infrastructure among the top five in the EU. The business location receives the best ratings for standard of living (81 percent), public safety (80 percent) and political stability (80 percent). As a research location, 56 percent of the managers surveyed see Germany in the top group in an EU comparison.
There has been significant progress in the availability of qualified specialists: According to the KPMG survey, 38 percent of companies see Germany in the top five in the EU on this point. However, at an average of 36.60 euros per hour, labor costs are well above the EU average of 28.50 euros. Due to the high level of labor productivity, international investors have so far accepted this. For 72 percent of those surveyed, Germany was at the top. "However, investors are concerned about the stagnation in labor productivity in Germany that has been going on since 2018."
Also, only every third respondent counts Germany among the top five locations with an environment that promotes innovation. The attractiveness of the location is dwindling. "A further increase in regulation and bureaucracy as a result of the planned EU environmental legislation" is a threat to Germany as an investment location, warned KPMG.
How secure will be the Economic Future in Europe ???
Is Social Trading the Key to Faster Crypto Adoption ?
New Crypto Copy-Trading Platform Helps Those ‘In the Know’ Guide Beginners Toward Success
Published: November 12th, 2021
The concept of Cryptocurrency attaining any type of value or significance in the mainstream market or among global organizations
would have been laughed at.
However, in recent months, notably due to the Covid-19 outbreak, the world markets have begun to recognize possibilities in the
digital currency, which was previously regarded as too volatile and fringe to be adopted by any significant corporate body or enterprise.
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Several organizations, including Microsoft, Shopify, and Wikipedia, have begun to accept Cryptocurrencies as an alternative means of payment, particularly Bitcoin, the most prominent Cryptocurrency.
Social trading allows crypto users to connect with other traders on a decentralized network. Newbies can view and monitor the investment strategies of more experienced traders and copy their actions to improve their chances of success in the market.
Social trading platforms offer users a venue to share their market analysis, investment strategies, predictions, and much more. They offer an excellent starting point to successful trading for new entrants in the often unpredictable Crypto Markets.
If employers really want to hire the best worker for a job, they’d follow these 4 basic rules
Solution for hiring managers?
Enhance your GQ (gender intelligence) and create transparency and accountability in employment processes.
Published: November 02nd, 2021
We often hear HR executives and hiring managers claim that they fully support diversity efforts and are committed to hiring the best person for the job regardless of demographic characteristics, as long as they’re the “right fit” for the position. These professionals may be well-intentioned, and we have no doubt that they believe they are advocates for gender equity. But, is this true?
Disrupting gender bias in the moment by calling it out is a clear sign of better gender intelligence. Hiring managers also need
to consider how they can apply their enhanced
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gender intelligence to change hiring practices themselves to eliminate or reduce the effect of biases.
Here are four evidence-based recommendations:
1. Be purposeful in writing criteria in job ads: Research shows that women are less likely to apply for jobs that include language such as “aggressive” or “demanding”. Similarly, the use of masculine-gendered words can send the message to women that they don’t “fit” in a job and shouldn’t apply. There are easy solutions for screening this language using free- or commercially available text-editing programs that automatically filter for gendered language.
Additionally, be realistic in the job criteria listed in the job posting. Too often organizations will list the capabilities of the ideal candidate. While this sets a high bar, it also dissuades women from applying — but not men. Instead, consider listing minimum qualifications separately from preferred qualifications to help candidates distinguish essential from nonessential criteria.
2. Set clear, transparent and objective job criteria that can be consistently applied: Subjective or ambiguous job criteria is an invitation for bias. For instance, be alert for evaluations of “potential” or “talent” that lack clear operational definitions and tend to be assessed subjectively and inequitably across gender. If potential for growth or development is important in the job, then provide clear direction as to what experiences are valuable. Finally, be wary of shifting standards or criteria. Too often what becomes most important in hiring can be what “he” has.
3. Diversify and increase the size of applicant pools and short-lists: Often, well-meaning hiring managers will ensure that at least one woman is in the applicant pool or on the short-list. However, research finds that statistically she has 0% chance of being hired if she is the only woman. By adding just one more woman to the list, her odds increase significantly. Similarly, when hiring managers in a male-dominated industry are asked to add more names to their short list of final candidates, the result is more women are added to the list and hired.
4. Diversify and expand recruiting and advertising networks: Because men, especially white men, are more likely to be in positions of power and influence, they are also more likely to have more social capital. This social capital includes informal networks where formal (public) and informal (word of mouth) job leads are shared with other men and less likely to be shared with women. Men proactively contacting female colleagues and women in their networks to let them know that they would be great candidates, and to socialize this information with other women, can help overcome network differences.
Ultimately, the impact of making better hires reflects positively on the hiring manager and can lead to better career outcomes. Just as important, as they enhance their gender intelligence, these hiring managers become better leaders and colleagues. Moreover, hiring managers who successfully implement these actions do more than help their company achieve Diversity, Equity and Inclusion (DEI) goals. They also make their company more successful and profitable, and enhance their company’s reputation as a highly desirable workplace where diverse and talented people are valued.
Hyperinflation might soon happen in U.S. and the World ?
Hyperinflation might soon happen in U.S. and the World - it will change everything
Published: October 27th, 2021
Hyperinflation is when inflation - the increasing price of goods and services - rises uncontrollably for a period of time. It is
typically caused by an initial trigger such as a war, social uprising, or supply shock - an event that unexpectedly leads to a sudden
increase or decrease in the supply of goods or services.
The Consumer Price Index - a commonly used measure of US inflation - rose 0.4% last month, the Bureau of Labor Statistics recently announced.
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That exceeded the median forecast of a 0.3% gain from economists surveyed by Bloomberg.
The US economy has been affected by supply bottlenecks, which are troubling businesses and consumers. Americans, who held back from spending through the Delta variant surge, have begun buying more products again. In fact, they are spending more than ever before.
Yet, massive order backlogs and shipment buildups at key ports have kept companies from matching supply with consumers' surging demand.
Hyperinflation is when the price of goods and services increase uncontrollably for a sustained period of time. The technical definition of the term, though, sets a high threshold, with price increases of anywhere from 50% per month to 1,000% per year. It typically occurs only under very specific circumstances, such as after a war or when a currency breaks up.
To put it into context, a $2 cup of coffee with a 2% inflation rate would cost $2.04. With hyperinflation of 1,000%, that cup would cost $22. A $3.50 gallon of milk would soar to $38.50. And rent on a $2,000 per month two-bedroom apartment would skyrocket to $22,000.
"Hyperinflation is going to change everything," and "it possible could happen in the U.S. soon, and likewise the world."
Bear Market vs. Bull Market: What's The Difference ?
The Differences in Trading in a Bullish and Bearish Market
Published: October 19th, 2021
A bullish market is one that is a rising market met with increasing investor confidence.
Asset markets will rise and fall continuously during trading. In periods where prices rise over a continuous
period of time, the market can be defined as a bull market or bull run. Although the origins aren't clear,
most people associate these terms with the way a bull attacks; by thrusting its horns upwards. These markets
may last for months or even years,
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although the exact dates can't be determined until afterward. Along with a rise in prices comes rising investor
confidence as investors become optimistic or "bullish" about the price increases further.
Unfortunately, investor confidence doesn't last forever - which can lead to a sharp downwards price movement and the beginning of a bear market.
The Worst Crisis in Economic History: The Time is Running Out
The Worst Crisis in Economic History (2021)
Published: October 14th, 2021
The Coronavirus p(l)andemic will turn global economy in the worst economic crisis since the Great Depression of the 1930s.
With every major world event, we mostly wonder if that certain event is going to trigger an economic crisis.
With every economic crisis, we often wonder how long its damages are going to be lasted and to find answers
to these questions, we often go back to history.
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No one likes economic crises. Nothing about them is fair even when we expect them to "impose a certain level of equality," they bring nothing but distress, loss, frustration, depression and even political unrest.
Even though economists have been studying all aspects of financial meltdowns for at least two centuries, humanity cannot yet get a grip on ways that can stop these shocks from taking place again and again.
We all rely on money in our everyday lives. Currency is simply a system for trading human time, and most people probably don't question it. It's easy to forget just how much our money usage as a society has evolved in the past few decades. After all, online banking only started gaining traction in the late 1990s.
When was the last time you considered the history and the future of money?
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The rise of electronic banking and digital currencies could be evidence that we're moving towards becoming a cashless society. It's fascinating to consider the potential of Cryptocurrencies like Bitcoin. With more than 3,000 digital currencies out there, it's an area full of both opportunity and controversy.
When we actively consider the possibilities of the future of money, it might provide us with a fresh perspective on our own personal financial circumstances. Maybe awareness of how money is evolving can help us make smarter and more forward-thinking financial decisions. Will our concept of money as we know it change entirely? We rounded up six key predictions on how currency and our relationship to it as humans are shifting.
Which Cryptocurrency is expected to grow in the future ?
Crypto Price Prediction: Bitcoin ‘To Overtake’ the Dollar by 2050 and Soar to $80,000 by the end of 2021
Published: September 22nd, 2021
It is considered a smart move if you check the future prediction about the growth of cryptocurrency before investing in it.
Analysts can assess the future of a cryptocurrency by considering its price, news circulating about it, history, movements of Whales, and much more. Don’t worry. You won’t have to go through all the data
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to find out which cryptocurrency is likely to grow in future. We have listed at our
Crypto Markets Overview the top cryptocurrencies that are expected to reach new heights.
Bitcoin (BTC)
Well, Bitcoin always leads the cryptocurrency, so is it a good investment? Probably yes. If we consider the volatility of the entire cryptocurrency market, we will see that Bitcoin is the most stable one. The factor of risk is involved everywhere, but Bitcoin has the highest liquidity value. The cryptocurrency aims to become wholly decentralized and enhance its global peer-to-peer environment. Bitcoin has continued to grow since the first day, and even if someone is new to cryptocurrency, they would have heard of Bitcoin.
The popularity and demand for Bitcoin are astonishingly high, and it is expected to remain the same or increase in the future. The growth of Bitcoin is also highly anticipated because many companies and high-end organizations are moving to the idea of accepting Bitcoin as payment. If you also want to buy Bitcoin, then you can head up with such crypto trading platform.
Ethereum (ETH)
The growth of Ethereum has always surprised investors. The decentralized platform provided by Ethereum has paved the way for its success. Ethereum was the first decentralized platform that introduced smart contracts. It offers more security and reliability to their users, which is why it has grabbed the title of second-largest cryptocurrency since 2015. Its current market cap is somewhere around $229 billion, and it is expected to grow more in the future because of the anticipated launch of Ethereum 2.0.
The news speculating about the launch of Ethereum 2.0 has all the investors turning their heads towards Ethereum. It is the most widely discussed crypto world project these days, and many tech giants are building software that can run on the Ethereum network. Microsoft, JP Morgan, and Intel are some of the top tech-savvy that plan to use the Ethereum network.
Polygon
Have you heard of DeFi? It is an abbreviation of decentralized finance, and it is the talk of the town these days. The rapid growth of DeFi is making headlines every day, and Polygon is cashing the price by scaling DeFi. Polygon was launched in 2017, so it is not an old cryptocurrency, and it started gaining popularity amongst investors in no time.
Many billionaires like Mark Cuban invested a huge amount in this cryptocurrency, which further bought it into the limelight. Polygon is Ethereum’s side chain, and it harnesses the best of its abilities by boosting Ethereum’s chain. However, Ethereum’s current version has high gas fees, and it shows its current struggle as it is working its way to launch the new version.
Stellar Lumens (XLM)
If you want to invest in a cryptocurrency that stands out from its peers, then you can look forward to Stellar Lumens. Stellar Lumens aims to become such a cryptocurrency that you can instantly use it for payments anytime and anywhere. It wants to re-innovate how payments are made, but it also wants to keep the cost as low as possible. This inexpensive payment method attracts users greatly, and when it successfully achieves its goal, you do not wish to miss the Bull Run. The current market cap for Stellar Lumens is $5, and it is the most affordable cryptocurrency at present.
Cardano (ADA)
The last cryptocurrency that is expected to grow in the future is Cardano. It is the biggest competitor to Ethereum because Cardano has incorporated a proof-of-stake algorithm. Ethereum has been trying to incorporate this algorithm for a while now. Although Cardano has not yet released smart contracts, it has a faster and inexpensive network than Ethereum. Another most significant factor that contributes to the growth of Cardano is its stability. Keeping aside the market volatility, Cardano stabilizes fast.
Conclusion
The growth of cryptocurrency is something that all investors look up to. If you are planning to invest in a cryptocurrency shortly, then keep the cryptocurrencies mentioned above in your mind.
But, you should keep an eye on Binance (BNB), Solana (SOL), Ripple (XRP), Dogecoin (DOGE), Litecoin (LTC), Terra (LUNA) and Avalanche (AVAX) as well.
Life After Coronavirus: What Does The Future Look Like For Small Businesses ?
Published: September 20th, 2021
Businesses of all shapes and sizes have found themselves in an unprecedented situation thanks to the global Coronavirus outbreak.
This potentially deadly (!?) virus has devastated every industry, causing serious issues for every business owner. Some companies have
been able to adapt to the situation, but many have been forced to halt their operations temporarily.
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While social distancing measures look set to remain in place for some time, the business market will soon begin reopening over the coming weeks and months. With this in mind, we’ve outlined what the future could look like for small businesses and how you can adapt to the ‘new normal’.
An Emphasis On Cleanliness And Hygiene Will Be Essential
The Coronavirus pandemic has forced the entire business market to focus on cleanliness and show customers that they are committed to keeping them safe. For small businesses, it can be hard to dedicate staff, time and resources to cleaning your establishment on a regular basis, so consider outsourcing or working with a professional cleaning company. As well as offering peace of mind for yourself and demonstrating your commitment to your customers, many such companies are now working on services specific to the level of hygene the virus demands.
Hiring New Staff Will Be A Challenge For The Foreseeable Future
The Coronavirus pandemic has led to high unemployment, but issues such as a lack of childcare, illness or access to high-speed internet will mean that it will be hard to hire new team members. Fear will also be a factor, as many newly-unemployed individuals might be wary of working in an unknown environment before a working vaccine or medication is found for the Coronavirus. If you’re trying to hire skilled team members, you will find it even harder to find the employees you need. As such, you need to make sure that you support your existing team during this challenging time, and work hard to retain them so that you don’t have to hire too many additional staff. If you do need to find new staff, be flexible and conduct interview remotely where possible, so that you can quickly and efficiently find extra staff to drive your business forward.
At The End Of The Day, Customers Won’t Forget In A Hurry
Despite the extreme toll that the EU’s or US's lockdowns are having on everything from the economy to the nation’s mental health, research shows that the public still supports the measures. It is clear that anxiety is high, and will remain this way for some time. Consumers will be wary of travelling to establishments to browse products and receive services, so you need to try to adapt your offering as much as possible.
For businesses where offering remote support is simply impossible, you need to show customers, through advertising, social media updates and your procedures, that you are committed to keeping them safe. Adjust your promotional and marketing strategies accordingly, so that you can show customers that your business remains open and able to provide them with the service and support they expect.
A Virtual Private Network, better known as VPN .....
Published: September 03rd, 2021
A virtual private network — better known as a VPN — is an essential privacy tool when you’re logging onto the internet from a coffee shop, library, hotel lobby, at home or any other spot that have access to a public Wi-Fi network, and you might wondered if someone from somewhere might be able to see your online activity.
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A VPN can help secure your web traffic against cybercriminals, snoops, spies, and anyone else who wants to steal or monetize your data.
VPN is an entirely reasonable concern, considering the forces arrayed against your privacy. With a virtual private network (VPN), you can protect your information from prying eyes and regain a measure of privacy online.
US Financial Advisers up Crypto Recommendations as Interest Rises
Crypto News about BTC, ETH, BNB .....
Published: July 31st, 2021
US-based financial advisers are increasingly recommending investments in cryptocurrencies to their clients, and less exposure to legacy finance investment products such as exchange-traded funds (ETFs) and individual stocks, according to a recent survey.
This approach is in line with the rising interest demonstrated by their customer base, the report by the US-based Financial Planning Association (FPA) and the Journal of Financial Planning said.
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The report comprises a survey that was fielded in March 2021 (or before the strong market correction in April and May), and prepared based on the 529 online responses collected from financial advisers who offer clients investment advice and/or implement investment recommendations.
The survey indicated that, while US financial advisers remain cautious on digital assets, "it seems they may be shifting to embracing them due to a rising client demand."
Cryptocurrencies were first added to the survey in 2018, said the report, when 1.4% of the then surveyed 223 advisers said they were currently using or recommending crypto with clients,” according to the association.
While in 2019 and 2020 that percentage dropped to below 1%, it then increased to 14% of the 529 surveyed advisers indicating that they are using or recommending cryptocurrencies in 2021.
The number may increase as following:
“More than a quarter (26%) of advisers indicated in the 2021 survey that they plan to increase their use/recommendation of cryptocurrencies over the next 12 months," said the report. This is up from 0% indicated in 2020.
It further found that 49% of advisers indicated that, in the last six months, clients have asked them about investing in cryptocurrencies. This is up from 17% in 2020.
In contrast with cryptocurrencies, legacy finance investment products, such as ETFs, saw a lower rate of recommendations this year. Some 64% of financial advisors said they suggest investing in ETFs to their clients this year, down from 85% in 2020.
Cash and equivalents, as well as individual stocks, are also less popular in 2021, down from 75% to 57%, and 51% to 44%, respectively.
Among the vehicles currently used/recommended to clients, only three saw a rise in the percentages since last year: cryptocurrencies are leading by far, followed by precious metals (5% to 9%) and private equity funds (9% to 12%).
Further findings include that:
1.8% in the 2018 survey said cryptocurrencies were a viable investment option that has a place in a portfolio, compared to 28% of respondents in 2021;
18% in 2018 said it was a fad that is best avoided, compared to 6% this year 2021;
24% in 2018 said it was "a gamble," while 28% said the same this year;
48% read the occasional news stories on cryptocurrencies and are somewhat comfortable conversing about it, 33% actively educate themselves on the topic and are comfortable conversing about it, and 4% said they don’t know anything about cryptos and don’t talk about them with their clients.
Cryptocurrency is now held by more than 114 million people, making it the fastest growing, most widely held financial asset in the history of the world.
Cryptocurrency is going to be the most important technology for financial inclusion of the global poor.
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PayPal will enable U.K. customers to buy/sell Bitcoin (BTC) on the app some as soon as August.
Eurozone inflation leads to 30% drop in Euro value in 2021
Impact of inflation on Euro's purchasing value in 2021
Published: July 20th, 2021
The buying power of one Euro (1€) has depreciated by a whopping 30% between 2000 and 2020 from 1€ to 0.7€, according to data researched by Trading Platforms UK. This means that the same one Euro can't pay for a similar amount of goods or services like in 2000.
The Eurozone has faced a host of economic challenges over the past two decades, and the region's main currency, the Euro, is bearing the impact on its value.
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The depreciating Euro is a combination of several factors, but inflation has been the primary catalyst. The European Union (E.U.) block has seen rising inflation leading to an increase in prices of goods and services over time.
The Euro has also lost the purchasing power due to the (European Central Bank) bank's policy during the major economic crisis. In the wake of the 2008 financial crisis and the coronavirus pandemic, the bank lined several additional stimulus packages to tackle the crisis, as determined by finance experts. In this case, interest rates remained high, with most investors turning to save haven currencies like the U.S. dollar or cryptocurrencies. The purchasing power has further deteriorated over the pandemic's second wave and will continue depreciate over the third wave.
Digital assets like cryptocurrencies that have shown resilience during the last economic crisis are now viewed as a possible safe haven. Even the ECB (European Central Bank) is considering adopting a digital Euro. This is the time to move into cryptocurrencies.
The Banks might collapse very soon - forthcoming chaos:
No Banks, No Public Facilities, No Food, and Rampaging Gangs of Desperate People
Published: July 16th, 2021
Will a terrible economic collapse in the western world (which it almost certainly will) result in a complete and thorough collapse of society? Will we see historic levels of crime, bloodshed, rioting, and social instability in the EU and America? Before you dismiss such ideas as the work of a few irrational bloggers with too much free time on their hands, consider what one of the world’s largest credit rating firms has to say. According to a Moody’s analysis on sovereign debt,
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the world’s five largest AAA-rated countries (including the EU and America) are all at risk of rising debt costs and will be forced to enact austerity policies that would result in higher debt costs.
This is a difficult subject because individuals either refuse to believe it or are unable of comprehending what is being said due to a lack of understanding. When you realize that western governments can only exist on debt/credit, not physical currencies, you realize that the EU and America are nothing more than a massive Ponzi scheme predicated solely on our ability to borrow money. The global economy is on the verge of collapsing. This is how all great empires founded on fiat currencies end.
Crypto-Friendly America to Base Your Business in 2021
Take Time Choosing Where to Base Your Business in 2021
Published: July 2nd, 2021
As cryptocurrencies become more popular around the world, a growing number of people are using and investing in popular currencies such as Bitcoin or Ethereum. Some countries are now starting to put more infrastructure in place to join the crypto revolution, piquing the interest of their residents.
Choosing the best country to set up a business is vital in this digital age, and especially so for crypto companies.
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As governments around the world continue to learn more about cryptocurrencies and elect to either crack down on them or allow them to flourish, some jurisdictions emerge as being better than others for launching a crypto startup.
Many governments are still deciding what to do with cryptocurrency. While some are friendly towards it and see the benefit of crypto companies basing themselves in their jurisdiction, a number are openly hostile. If you're planning to launch a crypto-related business, it makes sense to study the regulatory framework and government policy in a number of jurisdictions before reaching a decision.
Do you want to set up a business in a country that has historically had low taxation? If the country you are considering is receptive to crypto, and there are no signs of impending tighter regulation, will you still be able to attract investors? Does it have a vibrant ecosystem of Fintech companies that will support your business? These are all matters that should be considered before setting up shop. A crypto-friendly country should have all those attributes and are worthy of consideration before you settle on your HQ.
The Future of Cryptocurrency will transform the Future Business
The Future of Cryptocurrency will transform the Future Business in 2021
Published: June 11th, 2021
Over the last six months, worldwide, we have seen significant developments and achievements in the cryptocurrency market. However, one major achievement has been the growth of cryptocurrency and its widespread adoption. Investors, financial institutions, organizations, etc. are making new amendments with respect to cryptocurrency holdings and encouraging crypto transactions. Having said, what will be the future of cryptocurrency?
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Mayor investment banks like Goldman Sachs is now making Bitcoin funds available to some high-end clients, Paypal has allowed users to leverage cryptocurrency holdings to pay its online merchants internationally, etc. This clearly indicates that cryptocurrency will surely impact business operations in the future.
Nonetheless, cryptocurrency has gained a lot of attention from regulatory bodies. However, the administrative field is still trying to speed up with regard to major players in the virtual currency field. Right now, there have been enforcement activities and an updated focus around the regulation of crypto activities and users.
With regards to the future of cryptocurrency, we will definitely see more growth and adoption. Yet, even when China's ban on a cryptocurrency exchange, it is quite uncertain how things might turn out for cryptocurrency trading in the future. A ban from a strong and powerful nation is something we might should think about. Are there certain aspects of cryptocurrency that we don't know? Or the future of the crypto market is completely dependent upon its volatility?
Right now, it's too early to speculate or predict the future of cryptocurrency. We are yet to explore more about this growing field. Nonetheless, it is absolutely a great challenge for the whole financial and banking industry as well as for investors.
Sorry for the delay of frequent Market News at ATAF
Published: March 30th, 2021
Dear ATAF news reader,
over the last couple months we're in the process of implementing a new online market news and reports system to help make this service easier to follow on current market movements and issues. Due to those unexpected Covid issues, we're experiencing certain delays and spending to much time on this.
We're working hard on it and soon we will publish more trendy market news about America, Business, Finance & Economy.
Anyhow, please come back from time to time and check for new market trends at ATAF.
Beware of been fooled by Facebook !
Published: October 28th, 2020
Why do you find more and more people on the Internet who call Facebook a Fakebook or even Fraudbook, because they feel of having been treated unfairly? Yes, we haven't made good experiences either with Facebook,
although we were never able to publish a posting since our FB account was blocked or disabled right after we had created a page for the Association (ATAF).
Facebook always said you can't use your account anymore because we didn't follow their Community Standards. All attempts to clarify this with Facebook remained unanswered or were ignored.
We have tried to set up a Facebook account about three times in the last two years and each time the same was happened and the Association (ATAF) was blocked again.
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All this cannot happen just by coincidence and very obvious the Facebook censorship certainly did not like our America-friendly article,
because we really cannot find any other reason for this decision. Upon these circumstances we did an extensive research on the Internet and found,
there are a lot of people who have the same fate with Facebook and then we have decided to use other messenger services.
The following article by Selwyn Duke confirms actually the practices of Facebook and the direction in which Facebook or Fakebook manipulates.
In the wake of reports that Facebook censors conservative voices, a well known media figure met with company chairman Mark Zuckerberg and emerged from the meeting, as he put it, "convinced that Facebook is behaving appropriately and trying to do the right thing." But nothing to see here, move along. Unfortunately, this is nonsense!
Very obvious the Facebook censorship in the news isn't about artificial intelligence but human intelligence, and its biases. In fact, the focus on technology could be an effort at Machiavellian misdirection:
"Watch what the machine is doing, watch the machine, so you don't see the man behind the curtain."
I'll get right to the point. Facebook, further named as "Fraudbook," employs a group of young journalists, known as "news curators," who are empowered to manage the algorithmic results and "refine" what qualifies for the site's "Trending Topics" section. As company vice president of search Tom Stocky put it, the curators "audit topics surfaced algorithmically: reviewers are required to accept topics that reflect real world events, and are instructed to disregard junk or duplicate topics, hoaxes, or subjects with insufficient sources."
Say Goodbye to Globalization as the World has been disordered in 2020
Say Goodbye to Globalization as the World has been disordered in 2020
Published: October 02nd, 2020
The last four-decade era of globalization may be coming to an end and the world would be
heading into an "Age of Disorder", which might will reshape both economies and politics, according to economic research analysts.
One of the key characteristics of the new era will be the reversal of unfettered globalization, as a team of analysts predicted. While they believe "the best combined asset price growth of any era in history,.....with equity and bond returns very strong across the board" since 1980, the "Age of Disorder" is likely to break this trend.
The deteriorating of U.S.-China relations is another theme (out of eight) that will define the next distinct era of modern times, "which is hastened, but not caused by, the pandemic." The analysts note that the Chinese economy will be closing the gap with the U.S. and could finally outperform it by the end of the decade.
"A clash of cultures and interests therefore beckons, especially as China grows closer to being the largest economy in the world," the report says.
Fortunately, this economic standoff is unlikely to trigger a real military conflict between the two states, as usually happens when a rising power tries to challenge the ruling one. Economic war - with tariffs, sanctions, and attacks in the technology sphere - will go on instead, the analysts believe. No matter who wins the 2020 presidential election in the U.S., the rift between the two superpowers will grow.
America is very, very bullish on the Economic Recovery from Coronavirus
America is very, very bullish on the Economic Recovery in 2020/21
Published: July 10th, 2020
Business leaders predict the United States will swiftly dig itself out of the deep economic impact by the Coronavirus pandemic.
About 70% of US executives surveyed are expecting the American economy will recover from the current recession within one year, according to a survey of some 400 economic decision makers.
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Approximately 80% of those CEOs, founders and other high-level executives are very confident in the US economy despite the pandemic impact.
The findings paint a surprisingly bullish view from those executives given the impact in the US economy and even warnings from some health experts of a supposed second wave of Coronavirus infections. If that optimism translates to fewer layoffs and more investment, it could help limit the economic damage during the current crisis.
"They see a successful path through the crisis," and "You can argue that sense of fighting spirit is what made the economy great."
COVID-19: The perfect Incubator for International Corruption and Financial Crime
Did corruption or the latent recession cause the Coronavirus outbreak in 2020 ?
Published: July 21st, 2020
During COVID-19 outbreaks we see health systems struggle as they handle the increased pressure on resources. In recent days many have flagged how this brings to light weak points within a health system, such as workforce shortages and poor access to medicines. As we have observed that corruption is another of these weak points.
A recent market research has highlighted the true extent of the cost of corruption in Europe, with new estimates showing that up to
€990 billion in GDP terms is lost annually.
It's like, the chicken or the egg: Which came first ?
What came first and has caused or affected the world economy, the latent economic recession (2018 - 2019) in Europe or the COVID-19 impact in 2020 ? Obviously there is a close link between the EU recession and COVID-19 !
A Global survey on fraud and COVID-19 found links between corruption and virus impact
An international anti-fraud consulting group found several concerned issues while surveying 56 countries around the world in April/May 2020 to understand fraud in healthcare services which had affected COVID-19 response negatively in those countries.
Transparency International complains insistently
"Governments must urgently address the corrupting role of big money in political party financing and the undue influence it exerts on our political systems."
Market Report: E.U. Trade Balance with the USA & China in 2019
Published: August 06th, 2020
In 2019, the
United States (U.S.A.) was the largest partner for E.U. exports of goods (€ 384 billion) and the second largest partner for E.U. imports of goods (€ 232 billion).
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The following data sheets are providing a picture of the international trade in goods between the European Union (E.U.) and the
United States (U.S.A.) compare to
China. It analyses the exports and imports of goods between those economies and the shares of each E.U. member state in those exchanges.
Further it shows which country is the beneficiary and has a comparative advantage of Trade Surplus on international trades for each country while an advantage occurs, when goods are either more imported or less exported by one of these countries.
This market review is part of an online publication providing recent statistics on international trade in goods, covering information on the U.S.'s and E.U.'s main partners, main products traded, specific characteristics of trade as well as background information.
Market Report: The Influence of State Bureaucracy on Economic Growth 2020
Comparison of Legislatures - United States vs European Union 2020
Published: September 16th, 2020
The bureaucracy of a state or country depends beside other matters strongly on the size of the parliaments and their number of members, and thus influences the inertia of the bureaucracy. A good overview shows a comparison of legislatures (= national parliaments and congresses) and the number of population or GDPs between the USA and the countries of the E.U.
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The growing bureaucracy inhibits economic growth and the start-up behavior of companies. Experience from other countries have shown that less bureaucracy is possible.
Bureaucracy actually affects the economy like a badly running engine with sand in its gears.
Especially the E.U. suffers from regulations and higher bureaucratic burdens more than any other western countries. That is the result of a bureaucracy check based on 16 indicators observed by international organizations.
The USA and Canada are among the first three ranks of 51 checked countries, while Germany as the best E.U. country, ranks only in the middle with rank 25.
The question arises whether higher bureaucratic burdens are really economically relevant and have demonstrable negative consequences. The answer is clearly YES.
Bureaucracy inhibits economic growth, in particular due to higher expenditure for regulations and regulations as well as increasing costs like compliance costs of business start-ups. The effects are very obvious and considerable.
These unambiguous empirical studies alone make it clear how important strategies are for reducing bureaucracy and for better regulation.
High Demand ... Low Supply: Investing in a Better Future
Senior Living Community & Life Care Services
Published: May 14th, 2020
Historically a fragmented market, Senior Housing is fast becoming a highly desirable asset class for all kind of investors. Our real estate developer partners seek opportunities to enhance the resident experience and level of care for those enjoying their golden years of life.
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Their senior housing model is to partner with experienced developers and operators on projects in urban and suburban markets that enjoy attractive demographics and a limited supply of
class-A senior housing communities.
The Baby Boomer generation is emerging into the age of retirement. The number of Americans aged 65 and older will increase to more than 79 million by 2035. Today there are many varieties of senior housing options. As the market seeks to meet this demand, senior housing will be one of the greatest investment opportunities over the next 30 years.
The mission is to build top quality, private-pay senior living communities that offer a luxurious and caring environment in the independent living, assisted living, and memory care.
If you or your loved one is considering a retirement or senior living community, it is essential to do your research. The more informed you are up front, the more comfortable and satisfied you'll be with your decision. The link below will give a great overview to show you what life is like at a community managed with life care services and how every decision is focused around making a positive experience in the lives of community's residents.
• If you have any further questions, please contact us, and one of the community representatives will get in touch with you.
COVID-19 Update according to U.S. immigration status and applications
Published: April 25th, 2020
Due to the current COVID-19 pandemic the uncertainty may have a severe impact upon your immigration status or pending immigration petitions or applications.
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In this brief overview, we intend to provide you with a few issues that are prompted by the U.S. President's most recent Executive Order ("EO"). These reflect a variety of questions and concerns from the ATAF community regarding the EO, dated April 23, 2020, which temporarily suspends entry by immigrants into the U.S. The information in the FAQs is valid as of April 27, 2020.
Advice for a positive life:
Think positive and be optimistic, because in the end everything will come to a good end.
When COVID-19 is over, everything will come to a good end as usual and our life will come back to normal. That's for sure and people don't have to be worry about it. It's only a matter of a few months.
Then America will have a booming economy as before, because America is best able to fully recover from this current crisis.
Therefore, we should look into a positive future and be optimistic, as many experts from science and economy are already saying and predicting.
A Strategic Risk Consulting Services (SRCS) provides reputational risk and crisis management services with industry-focused consulting, brokerage, and claims advocacy services, and leverage data, technology, and analytics to help reduce clients' total cost of risk.
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SRCS uses a professional team approach to address the clients' risk management needs. Each client relationship is coordinated by a client executive, who draws from our many industry and risk specialties to assemble the resources to analyze, measure, and help manage multiple risks.
To further support the clients' strategic, operational, and risk management goals, SRCS provides consulting, brokerage, and claims advocacy services through dedicated global risk specialties and industry practices. A professional consulting team applies deep experience and knowledge of clients' industries to provide broad-based risk coverage and reduce the clients' total cost of risk.
“It is a proud privilege to be a citizen of the Great Republic, to hear its songs sung, to realize that we are the descendants of 40 million people who left other countries, other familiar scenes, to come here to the United States to build a new life, to make a new opportunity for themselves and their children.”
Click on play button for listening the Presidential Speech on Immigration.
Why should you move to or live in the United States of America?
Published: January 16th, 2020
America … the country of dreams and opportunities, where anyone can hit the big time if they work hard enough. It's a place where success is celebrated, positivity is a way of life and opportunity is a reality.
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If you're reading this article, then there's every chance that living in America has been a lifelong dream for you and a dream that you'd finally like to turn into reality.
Sure, there are a significant amount of reasons one may want to move to America. It is common for individuals to move based on a job opportunity, a loved one, or simply because they are seeking to live out the 'American Dream'. The United States has a long tradition of welcoming people from all backgrounds and cultures and is a great place for people that are looking to live out of their home country.
The time is right to move and to live in the United States of America
Published: January 14th, 2020
America … the country of dreams and great opportunities, where anyone can enjoy the good time of life.
It's a place where success is celebrated, positivity is a way of life and opportunity is a reality.
If you're willing and ready to move to the United States, then there's every chance that living in America will come true and for real.
Sure, there are some good new alternatives to move to America.
Either for individuals or business people you can take this great opportunity, especially nowadays.
The United States has very good opportunities of welcoming people with skilled backgrounds and good business experiences or investing in new enterprises.
Please check advantages and requirements of resident visa
EB-5
or
EB-3
or
EB-2
or
E-2
or
L-1 .
There is no Better Place to Start a Business, than in the United States
Published: February 11th, 2020
The United States is consistently ranked among the best internationally for its overall competitiveness and ease of doing business.
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Backed by a regulatory environment that is particularly conducive to starting and operating a business, U.S. business culture encourages free enterprise and competition.
As a stable democracy with a transparent and predictable legal system, all companies - regardless of national origin - compete on an even playing field.
The great American jobs creation machine is booming like never before, just this February's jobs figures showing far more strength than expected and previous months January and December have been raised higher than forecasted.
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America's economy under the current administration is booming on an historic high, perhaps the greatest it's ever been.
How is a nation’s ease of doing business measured?
Each year the World Bank publishes
"Doing Business Index", an index measuring the ease of doing business in a given country.
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The higher a country’s Doing Business Index, the friendlier or easier its regulatory environment for doing business.
The measurement is based on the following ten factors like
starting a business,
dealing with construction permits,
getting electricity,
registering property,
getting credit,
protecting investors,
paying taxes,
cross-border trade,
enforcing contracts and
resolving insolvency.
World faces Worst Economic Recession since Great Depression
Coronavirus: 'World faces Worst Economic Recession in 2020 since Great Depression'
Published: April 07th, 2020
The world has changed dramatically in the four months since the last update of the World Economic Forecast in January. A rare disaster, a coronavirus pandemic, has resulted in a tragically large number of human lives being lost.
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As countries implement necessary quarantines and social distancing practices to contain the pandemic, the world has been put in a Great Lockdown. The magnitude and speed of collapse in activity that has followed is unlike anything experienced in our lifetimes.
Does Europe is going again into a Great Depression ?
Published: February 04th, 2020
Europe's future of an independent economy stands on an edge or is already in a deadlock today.
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The European scenario of the EU has put the European economy into a quite difficult imbalance, which will not bring any improvement so quickly under the current circumstances.
The topic of "Euro Crash" has long been hidden by the media. But ten years after the collapse of the U.S. investment bank Lehman Brothers, the global financial system is more shaky than ever.
The EU and Germany are still strucked and a new crash is imminent, which
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could overshadow everything that has happened before!
Please click on link below and check those possible reasons why the EU is about to crash.
Market Report: America's Top States for Business in 2020
List of America's States for Doing Business, January 2020
Published: February 11th, 2020
The rankings of Doing Business in the U.S. by States, based on measures of competitiveness in several categories.
Each category is weighted according to how frequently each state use them as a selling point in economic development marketing.
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The criteria was developed with guidance from a diverse array of business and policy experts and official government sources, along with input from the states themselves and based on publicly available data from a variety of sources.
America's Business Etiquette - Tips for Doing Business in the U.S.
Published: January 19th, 2020
The United States is a global leader in business, particularly in the high-tech sector. Thanks to the tech boom and a pervasive startup culture, the U.S. is living up to its values of innovation, entrepreneurship, and outside-the-box thinking.
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Since the country offers promise and opportunity to innovators around the world, it's no surprise companies and entrepreneurs around the world are flocking to the U.S. to do business. Whether you're thinking about moving your company to America or seeking professional connections in the states, here are some important tips to keep in mind.
Market Report: Communication and Behavior in the U.S.
Communication and Behavior when doing Business in the U.S.
Published: January 18th, 2020
The United States offers promise and opportunity to innovators and investors around the world for doing business in America, therefore is no surprise that companies and entrepreneurs around the world are doing business in the U.S.
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Whether you're thinking about moving your company to America or seeking professional connections in the states, here are some important rules about communication and behavior you might to keep in mind.
The Global Financial Centres Index (GFCI) - City Ranking 2020
Published: February 20th, 2020
The Global Financial Centres Index (GFCI) provides evaluations of future competitiveness and rankings for 112 major financial centres around the world.
The GFCI serves as a valuable reference for policy and investment decision-makers.
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The GFCI quantitative measures are provided by third parties including the World Bank, the Economist Intelligence Unit (EIU), the OECD and the United Nations (UN).
Market Report: Best Countries for Education in 2020
List of World’s Best Countries for Education in 2020
Published: July 29th, 2020
Which countries have the best education system in the world in 2020 ?
In order to determine the rankings; researchers have analyzed and compared 195 countries across two key categories of
quality (like public education system, willingness to attend university, number of research institutions,
university funding and endowment, specialization expertise, industrial linkage, academic educational professionals effectiveness, institutional output by research, higher education
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institutions perform in the various global rankings) and opportunity (like adult literacy rates, graduation rates, primary school completion rate, secondary school completion rate, high school completion rate, collegiate-level school completion rate, government expenditure on education in total % of GDP).
To evaluate those dimensions, researchers looked at 16 indicators that fell into one of the three categories. Each attribute was graded on a 100-point scale.
Nelson Mandela said: "Edcuation is the most powerful weapon which you can use to change the world."
Here you can check which countries have the best education system in the world !
The index, which ranks 195 countries and territories by their health care system, is based on a study that surveyed health security
and capabilities across six categories and 65 different metrics.
The average overall Global Health Index (GHI) score is 40.2 out of possible 100.
Although 86% ......
of countries invest local or donor funds in health security, few countries pay for health security gap assessments and action plans out of national budgets.
The higher a country’s scores, the more healthy a country is working !
Here you can check the country ranking of Global Health Index results.
The international ATAF Market Research Team of Alain Josse (France), Fernando Santos (Spain), Ron Smith (UK), Wolfgang Radermacher (Germany), Massimo Camerano (Italy), Tadeus Michalski (Poland), Ference Puska (Hungary) and Willem de Klerk (Netherlands) have done a specific market research in most European
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countries about how Europe likes America. This market research was done in co-operation with professional market research companies in the fields of business, trade, economy and future relationship with America. The market research team has travelled across all over Europe and has asked some 4,000 to 6,000 people in each European country over the last two years. The results have been put in "pros" and "cons" America by the people's view of each European country as following:
Market News: What do Americans really think about European tourists?
ATAF - American Market Survey 2019
Published: October 25th, 2019
The USA is highly popular with European tourists as a destination. But do the European travelers behave decently in America?
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A survey of Americans shows who is the most popular and the most friendly. Please check survey of the Top 10 most popular European tourists in the US as following:
Market Report: List of Countries by Credit Rating 2019
List of Countries by Credit Rating, October 2019
Published: November 12th, 2019
The country's credit rating, is an evaluation made by a credit rating agency (like Standard & Poor's, Moody's, Fitch and the Sovereign Rating Index) and evaluates the credit worthiness of the country or government of debt.
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The credit rating is used by individuals and entities that purchase debt by governments to determine the likelihood that will pay its debt obligations.
The World GDP Rankings by Country shows the world GDP in total and per capita based on US dollars. Countries are ranked by their projected figures in 2019.
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The world GDP is the added total of the gross national income for every country in the world. Gross national income takes a country’s GDP, adds the value of income from imports, and subtracts the value of money from exports.
Market Report: Comparison United States & European Union 2020
Comparison of United States & European Union, February 2020
Published: February 20th, 2020
The Comparison shows the difference between the United States and the European Union.
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The comparison is based on the following factors like
GDP,
economy,
manufacturing,
industrial growth,
tax rates,
doing business,
employment,
infrastructure,
geography,
population and
future improvement.
The Balance of Trade is the difference between Exports and Imports of a country.
The Balance of Trade is positive when the value of Exports is greater than the Imports, which
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creates a Trade Surplus like when the Coverage Rate is greater than 100%.
On the other hand, the Balance of Trade is negative when the value of Imports is greater than Exports, in which case there is a Trade Deficit and the Coverage Rate is less than 100%.
Market Report: Balance of Trade U.S.A. vs E.U. 2018
Trade Balance U.S.A. vs E.U. by country in 2018
Published: May 16th, 2019
The Balance of Trade is the difference between U.S. Exports in the E.U. and U.S. Imports from a E.U. country.
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The Balance of Trade is positive when the value of Exports is greater than the Imports, which creates a U.S. Trade Surplus like when the Coverage Rate is greater than 100%.
On the other hand, the Balance of Trade is negative when the value of Imports is greater than Exports, in which case there is a U.S. Trade Deficit and the Coverage Rate is less than 100%.
Market Report: Best Countries for Business in Europe for Investors 2019
Best Countries for Business in Europe for Investors in 2019
Published: March 27th, 2020
The rankings of Doing Business in Europe by countries for investors is based on measures of competitiveness in several categories.
Each category is weighted according to how
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frequently each country use them as a selling point in economic development marketing.
The criteria was developed with guidance from a diverse array of business and policy experts and official government sources, along with input from the countries themselves and based on publicly available data from a variety of sources.
Market Report: Average Annual Income Rankings by Country 2019
Average Annual Income World Rankings by Country in 2019
Published: March 03rd, 2020
The average annual income is a measure of total income after taxes divided by total number of employees employed for full-time and full-year equivalent employees in the economy of the country.
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An overview of different countries shows the average annual income compared to the GDP per capita.
Market Report: Top Ten Risks for Doing Business in Europe 2020
Top Ten Risks for Doing Business in Europe 2020
Published: February 05th, 2020
The following risks are identified as biggest risk for doing business across Europe, with economic and political risks increasing.
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Those main risks are like cyberattacks,
asset bubble,
interstate conflict,
energy price shock,
fiscal crises,
data fraud or theft,
failure of national governance,
unemployment or underemployment,
large-scale of involuntary migration, and
profound social instability.
Each year all countries are scored on how corrupt their public sectors are seen.
The index, which ranks 180 countries and territories by their perceived levels of
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public sector corruption according to experts and businesspeople,
uses a scale of 0 to 100, where 0 is highly corrupt and 100 is very clean. More than two-thirds of all countries are scored below 50 in 2019, with an average score of just 43.
Here you can check which country you better don't deal with !!!
Market Report: List of Countries by Unemployment Rate 2020
List of Countries by Unemployment Rate, January 2020
Published: March 06th, 2020
Unemployment (or joblessness) occurs when people are without jobs and they have actively sought work. Therefore, the unemployed in a country are those with age, ability and desire to work (labor force) but do not have a job.
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The number of unemployed in a country usually was expressed in terms of the labor force, and it is called unemployment rate. The unemployment rate is a percentage and it is calculated by dividing the number of unemployed people by all individuals currently in the labor force.