The post-presidential race rhetoric is coming in from every Tom, twat and Harry about Donald Trump and his anti-muslim ,wall building & misogynistic sentiments. The mud slinging is in full effect and anger is at boiling point for anti-Trump supporters, understandably. He’s a reality TV star who is now in control of the most powerful Country in the world, and that in itself shows how the political system in America is severely broken.
To get a good idea of what a business is actually worth you should look at a company’s balance sheet. Every 12 months a director will prepare a company’s balance sheet.
The profit and loss account is a way to look at the past performance of your company. Its different to a balance sheet which is a snapshot of the present, and the cash flow forecast which is a look into the future. All profit and loss statements have these important categories;
What is a Recession
A recession involves at least two consecutive quarters of negative real GDP. GDP is one of the primary indicators used to gauge the health of a country’s economy. It represents the total value of all goods and services produced over a specific time period. USA, China, Japan, Germany & the UK have the largest GDP’s around the world as of 2016. The GDP calculation is a measure of consumer spending + business investment + government spending + net exports.
History of Recession
The international Monetary Fund defines a global recession as a decline in annual per-capita real World GDP. Since WW2 there were only 4 global recessions. In (1975, 1982, 1991 & 2009), all of them lasting about a year. In 1970 and 1998 there was annual GDP growth rate of 3% or less which can also be considered as a recession. It is difficult to define, due to the GDP growth of developed and developing countries being so different. The IMF estimates that global recessions occur over a cycle lasting around 8-10 years.
Where are we now
Global GDP is estimated to have grown by 3.09% in 2015 and looks to grow to 3.16% in 2016 with recovery being mainly driven by developing economies. The US is experiencing small growth in GDP at around 1.2% per quarter and China is experiencing growth at around the 6.5% per quarter level. The real worry looks to be Japan who are the 3rd largest economy. After seeing a 0.02% expansion in the first quarter of 2016 and with their economy relying heavily on QE, it seems like it’s just a matter of time until their spiral hits rock bottom. That could have a massive impact on the worlds economic status.
At some point in the near future we will enter another recession. Factors such as Brexit, the Japanese debt crisis, curtailing consumer spending and the ridiculous US presidential election could all be worthy catalysts to send the world back into near negative economic growth. The housing bubble in the UK has so far remained glossy, but with the amount of new building projects in London alone at a super high level prices will be coming down due to over saturation of the market. No one knows when any of this will happen but it is inevitable. You just have to ensure your skills are sharpened so your job is secure and if you can save money for that moment when the price of everything drops you can find yourself a bargain.
In 2015 there were 1192 murders in Jamaica. The country had about 45 slayings per 100,000 people in 2015 keeping it ranked as one of the world’s most violent countries. By comparison Chicago, which has roughly the same population as Jamaica, around 2.7 million, had 468 killings in 2015. With the recent Olympics showcasing the physical superiority of some of Jamaica’s athletes, the darker side to real Jamaican issues gets pushed aside. Usain Bolt has brought a lot of attention to Jamaica but he gets more attention as an individual than the Country as a whole.
- Elite Squad 2 – Unbelievable how good this movie is.
2. The Raid 2 – One of the best movies I’ve ever seen.
CBT is a psycho-therapeutic approach that addresses dysfunctional emotions, maladaptive behaviours and cognitive processes through a number of goal orientated, explicit systematic procedures. In the illustrious words of Kim Kardashian, what a mouthful. Lets break this down a bit.
What is a stress test in banking
A stress test in the land of finance is an analysis or simulation designed to determine the ability a financial instrument has to deal with an economic crisis. Usually projections are based on the best case scenarios. We’ve all seen Dragons Den for example, where the pitcher is asked about yearly projections, Yr1,2,3. These estimates are based on hitting targets, growing workforce & consistent economy etc. In the lucrative world of banking the following is usually considered in a stress test;
There has been a lot of talk about the Black Lives Matter movement since extra light has been shed on the unjust killings of black men by white policemen in America. The movement started with campaigning against violence towards black people after the hashtag #BlackLivesMatter became popular on social media when George Zimmerman was acquitted of murdering Trayvon Martin, a black teen, in 2013.
Skepta aka Joseph Junior Adenuga born in 1982 is an MC from Tottenham North London. He started his musical career as a DJ and began to develop his own sound as part of the roll deep crew with his brother JME. Grime was still underground at this stage and a lot of the music and MC’s sounded the same. Skepta didn’t really stand out at this point as Wiley, Kano and Dizzee Rascal became the evolving faces of the scene. Skepta branched out to form Boy Better Know which was a truly independent record label. From here Skepta’s originality and audible proficiency was showcased on a variety of singles, mix-tapes and clashes. The sound remained within genre, with typical grime beats and a jabbing flow. Listen to ‘Microphone champion’ and you can see the potential of the artist swallowed up by what the status-quo expected from a grime artists at the time. This is why the grime scene stayed stagnant for so long.