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Remittances, usually understood as the money or goods that migrants send back to families and friends in origin countries, are often the most direct and well-known link between migration and development.
Remittances exceed official development aid but are private funds. Global estimates of financial transfers by migrants include transactions beyond what are commonly assumed to be remittances, as the statistical definition used for the collection of data on remittances is broader.
Also, such estimates do not cover informal transfers. Remittances can also be of a social nature, such as the ideas, behaviour, identities, social capital and knowledge that migrants acquire during their residence in another part of the country or abroad, that can be transferred to communities of origin.
Details of Migration and Remittance data at World Bank here
The dataset includes the most indebted companies in the world by total corporate debt according estimates by the British-Australian investment firm Janus Henderson. In 2019, the total debt of the 900 most indebted companies was $8,325 billion. The most indebted companies were in the oil and gas, utilities, telecommunication and automotive industries. Updated to include Evergrande of China.
#debt #economy #corporates
Gross domestic product (GDP), the featured measure of U.S. output, is the market value of the goods and services produced by labor and property located in the United States.
For more information, see the Guide to the National Income and Product Accounts of the United States (NIPA) and the Bureau of Economic Analysis.
Mentions of inflation have leveled off since March 2022, with readings of 17% or 18%, after increasing throughout the fall and winter months.
They remain relatively high compared with recent history but have been higher in the past, including 52% in October 1981, 49% in January 1982 and 31% in April 1982, around the time inflation was last at its current rate. Inflation had been named by an average of 1% of Americans between 1990 and 2021.
Details at Gallup
Used car prices have seen record highs over the past 15 months as the result of the global microchip shortage. According to the recent iSeeCars.com analysis of over 1.7 million used car sales in February, used car prices increased 34.1 percent, or $8,668, compared to the same period the previous year.