Charting the Rise of Cross-Border Money Transfers (2015-2023)
The remittance industry has been consistently growing over the past few years, with the transfer of money between countries playing a key role in supporting dependent communities. This is particularly true in low and middle-income countries, where, in general, 79% of remittance payments are received. India leads the way in this field as the country that receives the most remittance payments globally. With this growth in the industry, it is important to note the part that innovative transfer operators, such as Wise, have played in its development.
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The remittance industry has been consistently growing over the past few years, with the transfer of money between countries playing a key role in supporting dependent communities. This is particularly true in low and middle-income countries, where, in general, 79% of remittance payments are received. India leads the way in this field as the country that receives the most remittance payments globally. With this growth in the industry, it is important to note the part that innovative transfer operators, such as Wise, have played in its development.
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Life Cycle Emissions: EVs vs. Combustion Engine Vehicles
Battery electric vehicles (BEVs) have fewer lifecycle emissions than hybrid and internal combustion engine (ICE) cars, but a significant amount are still emitted during the manufacturing and electricity production stages of the BEVs. Life cycle emissions are the full amount of greenhouse gases emitted throughout a vehicle’s life, including production, use and disposal. The data was compiled by visualisation company Visual Capitalist using a Polestar and Rivian Pathway Report.
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Battery electric vehicles (BEVs) have fewer lifecycle emissions than hybrid and internal combustion engine (ICE) cars, but a significant amount are still emitted during the manufacturing and electricity production stages of the BEVs. Life cycle emissions are the full amount of greenhouse gases emitted throughout a vehicle’s life, including production, use and disposal. The data was compiled by visualisation company Visual Capitalist using a Polestar and Rivian Pathway Report.
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Animated: Most Popular Desktop Operating Systems Since 2003
An animated chart created by Sjoerd Tilmans illustrates the rise and fall of desktop operating systems (OS) from May 2003 to June 2022, using data from W3Schools and GS Stat Counter. Microsoft started as the dominant force in the 1990s and early 2000s with the launch of different versions of Windows. The most recent release, Windows 11, received a slow uptake compared to Windows 10 with just an 8.3% market share by June 2022.
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An animated chart created by Sjoerd Tilmans illustrates the rise and fall of desktop operating systems (OS) from May 2003 to June 2022, using data from W3Schools and GS Stat Counter. Microsoft started as the dominant force in the 1990s and early 2000s with the launch of different versions of Windows. The most recent release, Windows 11, received a slow uptake compared to Windows 10 with just an 8.3% market share by June 2022.
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Interactive: Comparing Carmaker Revenue vs. Country GDP
German carmaker Volkswagen generated about $291bn between Q1 2021 and Q1 2022, eclipsing the gross domestic product of 76% of United Nations member states, according to visual guide provider Vanarama. Toyota ranked second, with sales worth $276bn over the year. Research shows the wealth of large vehicle manufacturers is such that their revenue underpins the economies of their countries of origin. In some cases, figures from car companies make up nearly 10% of a nation's gross domestic product.
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German carmaker Volkswagen generated about $291bn between Q1 2021 and Q1 2022, eclipsing the gross domestic product of 76% of United Nations member states, according to visual guide provider Vanarama. Toyota ranked second, with sales worth $276bn over the year. Research shows the wealth of large vehicle manufacturers is such that their revenue underpins the economies of their countries of origin. In some cases, figures from car companies make up nearly 10% of a nation's gross domestic product.
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Mapped: Average Internship Salary By U.S. State in 2022
Internships are becoming more common in modern working life and offer paid or unpaid positions to individuals across many sectors. CashNetUSA has put together data, collected from listings on Chegg Internships and Zippia, reflecting average internship salary rates across states and sectors in the US. The data indicates that interns in Washington, California and Connecticut command the highest salaries of over $20 an hour, while salaries are lowest in Wyoming, New Mexico and Louisiana at around $12/hour.
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Internships are becoming more common in modern working life and offer paid or unpaid positions to individuals across many sectors. CashNetUSA has put together data, collected from listings on Chegg Internships and Zippia, reflecting average internship salary rates across states and sectors in the US. The data indicates that interns in Washington, California and Connecticut command the highest salaries of over $20 an hour, while salaries are lowest in Wyoming, New Mexico and Louisiana at around $12/hour.
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From Sea to Shining Sea: How Does Shipping Work?
The shipping industry handles 80% of global trade and provides low-cost transportation for a wide range of goods. In 2022, nearly 11 billion tons of goods took sea journeys. The global shipping fleet is big and numbered 102,899 ships over 100 gross tons in 2022. Containerships continue to grow in size as ship owners pursue greater economies of scale. Ship-breaking, the process of disassembling ships for parts and raw materials, has stalled. With new container ships set to hit the seas, there might not be enough containers to go around.
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The shipping industry handles 80% of global trade and provides low-cost transportation for a wide range of goods. In 2022, nearly 11 billion tons of goods took sea journeys. The global shipping fleet is big and numbered 102,899 ships over 100 gross tons in 2022. Containerships continue to grow in size as ship owners pursue greater economies of scale. Ship-breaking, the process of disassembling ships for parts and raw materials, has stalled. With new container ships set to hit the seas, there might not be enough containers to go around.
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Charted: Companies in the Nasdaq 100, by Weight
The Nasdaq 100, launched in 1985, is a stock market index which tracks the performance of the largest non-financial companies listed on the Nasdaq stock exchange. The dominance of seven firms – Microsoft, Apple, Alphabet (Google), Amazon, NVIDIA, Meta and Tesla, which together accounted for over 50% of the index's total weight, reflects their important role in the wider consumer economy.
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The Nasdaq 100, launched in 1985, is a stock market index which tracks the performance of the largest non-financial companies listed on the Nasdaq stock exchange. The dominance of seven firms – Microsoft, Apple, Alphabet (Google), Amazon, NVIDIA, Meta and Tesla, which together accounted for over 50% of the index's total weight, reflects their important role in the wider consumer economy.
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Charted: Top Destinations for Africa’s Exports (1995-2020)
Over the past 30 years, exports from African countries have tripled, with Asia now being the key destination, according to data from Harvard’s Atlas of Economic Complexity, the World Bank, and Bloomberg. At its height in 2005, the US accounted for one-fifth of the continent’s exports, mainly in petroleum products but has reduced African petroleum imports since 2010. Between 2010 and 2020, China became the primary destination, accounting for 20%, while India (9.5%) and the UAE (6.2%) also accounted for significant volumes.
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Over the past 30 years, exports from African countries have tripled, with Asia now being the key destination, according to data from Harvard’s Atlas of Economic Complexity, the World Bank, and Bloomberg. At its height in 2005, the US accounted for one-fifth of the continent’s exports, mainly in petroleum products but has reduced African petroleum imports since 2010. Between 2010 and 2020, China became the primary destination, accounting for 20%, while India (9.5%) and the UAE (6.2%) also accounted for significant volumes.
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Visualized: The 100 Largest U.S. Banks by Consolidated Assets
The 100 largest banks in the US hold combined assets of $18.8tn, with JP Morgan the biggest with $3.3tn in assets, followed by Bank of America with $2.5tn, according to the Federal Reserve. However, medium sized bank collapses such as those of Silicon Valley Bank and First Republic have caused concerns in the sector. Volatility is also expected to have implications on the wider economy.
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The 100 largest banks in the US hold combined assets of $18.8tn, with JP Morgan the biggest with $3.3tn in assets, followed by Bank of America with $2.5tn, according to the Federal Reserve. However, medium sized bank collapses such as those of Silicon Valley Bank and First Republic have caused concerns in the sector. Volatility is also expected to have implications on the wider economy.
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Ranking Industries by Their Potential for AI Automation
US industries that will be most exposed to automation of their workforces were identified and ranked by their degree of vulnerability. Investment bank Goldman Sachs produced an analysis estimating that 46% of jobs in the "office and administrative" sector could be exposed to AI driven automation, while 44% of workers in the "legal" industry may be affected. As expected, industries such as "construction and extraction" that rely heavily on manual labour, are less likely to be impacted.
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US industries that will be most exposed to automation of their workforces were identified and ranked by their degree of vulnerability. Investment bank Goldman Sachs produced an analysis estimating that 46% of jobs in the "office and administrative" sector could be exposed to AI driven automation, while 44% of workers in the "legal" industry may be affected. As expected, industries such as "construction and extraction" that rely heavily on manual labour, are less likely to be impacted.
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What are Top Investment Managers Holding in Their Portfolios?
This article examines the portfolios of five top investment managers at the end of Q1 2023. It highlights the differences in portfolio compositions and investment strategies among the managers. Berkshire Hathaway, led by Warren Buffett, has a portfolio that is heavily concentrated in Apple, while also containing a mix of bank stocks, consumer staples, and oil and gas companies. Renaissance Technologies, headed by Jim Simons, has an astoundingly diversified portfolio split across more than 3,900 different positions.
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This article examines the portfolios of five top investment managers at the end of Q1 2023. It highlights the differences in portfolio compositions and investment strategies among the managers. Berkshire Hathaway, led by Warren Buffett, has a portfolio that is heavily concentrated in Apple, while also containing a mix of bank stocks, consumer staples, and oil and gas companies. Renaissance Technologies, headed by Jim Simons, has an astoundingly diversified portfolio split across more than 3,900 different positions.
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Economic Coercion: China’s Leverage in Trade
China's dominance in the solar photovoltaic (PV) supply chain gives it the potential to use its position as leverage in geopolitics, according to an infographic sponsored by The Hinrich Foundation. China is home to seven of the top 10 producers of polysilicon, a key raw material needed to create solar PV wafers, and it is also dominant in the manufacturing of wafers and cells.
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China's dominance in the solar photovoltaic (PV) supply chain gives it the potential to use its position as leverage in geopolitics, according to an infographic sponsored by The Hinrich Foundation. China is home to seven of the top 10 producers of polysilicon, a key raw material needed to create solar PV wafers, and it is also dominant in the manufacturing of wafers and cells.
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Chart: U.S. Home Price Growth Over 50 Years
U.S. home prices experienced significant growth in 2022, despite rising interest rates. However, when adjusted for inflation, the growth rate was considerably lower. By Q4 2022, real price growth had slowed to zero percent, making it the slowest growth in a decade. This trend can be seen in a graphic comparing nominal and real residential property price growth over the past 50 years.
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U.S. home prices experienced significant growth in 2022, despite rising interest rates. However, when adjusted for inflation, the growth rate was considerably lower. By Q4 2022, real price growth had slowed to zero percent, making it the slowest growth in a decade. This trend can be seen in a graphic comparing nominal and real residential property price growth over the past 50 years.
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Fact or Fiction? Test Your Knowledge About Investing During a Recession
As the likelihood of a U.S. recession increases, it becomes important to understand how to invest during this period. The New York Federal Reserve estimates a 71% probability of a recession occurring within the next 12 months. A quiz from New York Life Investments aims to test investors' knowledge amid this economic uncertainty. One question in the quiz asks when the market low typically occurs during recessions.
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As the likelihood of a U.S. recession increases, it becomes important to understand how to invest during this period. The New York Federal Reserve estimates a 71% probability of a recession occurring within the next 12 months. A quiz from New York Life Investments aims to test investors' knowledge amid this economic uncertainty. One question in the quiz asks when the market low typically occurs during recessions.
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How Old Are the World’s Nuclear Reactors?
The majority of the world's nuclear reactors were connected to the grid between 1973 and 1992, according to data from the Power Reactor Information System (PRIS). Of the 422 reactors currently operating worldwide, 262 have been in operation for 31 to 50 years. Growth in nuclear power slowed down in the 21st century, but over the last decade, some countries have renewed their interest in nuclear energy. The oldest operating reactors are 54 years old and were built in 1969.
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The majority of the world's nuclear reactors were connected to the grid between 1973 and 1992, according to data from the Power Reactor Information System (PRIS). Of the 422 reactors currently operating worldwide, 262 have been in operation for 31 to 50 years. Growth in nuclear power slowed down in the 21st century, but over the last decade, some countries have renewed their interest in nuclear energy. The oldest operating reactors are 54 years old and were built in 1969.
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Ranked: The World’s Most Competitive Countries (2019-2023)
Denmark has retained its position as the most competitive country in the world, according to the World Competitiveness Ranking report by the International Institute for Management Development (IMD). The rankings are based on four metrics: economic performance, government efficiency, business efficiency, and infrastructure. Denmark excelled in all categories, particularly in business efficiency and government efficiency. Ireland jumped five spots since 2019 to claim the second position, while Switzerland came in third. Singapore, which was ranked the most competitive country in 2019 and 2020, secured fourth place.
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Denmark has retained its position as the most competitive country in the world, according to the World Competitiveness Ranking report by the International Institute for Management Development (IMD). The rankings are based on four metrics: economic performance, government efficiency, business efficiency, and infrastructure. Denmark excelled in all categories, particularly in business efficiency and government efficiency. Ireland jumped five spots since 2019 to claim the second position, while Switzerland came in third. Singapore, which was ranked the most competitive country in 2019 and 2020, secured fourth place.
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Animated: Change in Russian Billionaires’ Wealth Since 2022
The net worth of the 22 wealthiest Russian billionaires on the Bloomberg Billionaires Index has decreased by a total of $90.4 billion since the start of the conflict in Ukraine in February 2022. This is largely due to the intensified sanctions imposed on these individuals and their companies. Viktor Vekselberg, a stakeholder in UC Rusal, the world's third-largest aluminum producer, has lost $11.3 billion or 61% of his net worth.
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The net worth of the 22 wealthiest Russian billionaires on the Bloomberg Billionaires Index has decreased by a total of $90.4 billion since the start of the conflict in Ukraine in February 2022. This is largely due to the intensified sanctions imposed on these individuals and their companies. Viktor Vekselberg, a stakeholder in UC Rusal, the world's third-largest aluminum producer, has lost $11.3 billion or 61% of his net worth.
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How Big is the Market for Crude Oil?
The crude oil market is the largest in the world. In 2022, the global production of crude oil averaged 80.75 million barrels per day, resulting in an annual production of 29.5 billion barrels. With current prices, the market size of crude oil exceeds $2 trillion. To put this into perspective, the combined market size of the 10 largest metal markets is only $967 billion, less than half that of the oil market.
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The crude oil market is the largest in the world. In 2022, the global production of crude oil averaged 80.75 million barrels per day, resulting in an annual production of 29.5 billion barrels. With current prices, the market size of crude oil exceeds $2 trillion. To put this into perspective, the combined market size of the 10 largest metal markets is only $967 billion, less than half that of the oil market.
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Visualized: What is a Digital Goldmine?
Gold mining has significant environmental costs, including deforestation, waste production, and carbon emissions. The expansion of gold mines has led to over 3,500 km2 of deforestation and annual emissions of around 126 million tonnes of CO2e. Additionally, about 99% of the ore extracted from gold mining goes to waste, with the tailings containing high levels of heavy metals that can harm ecosystems. Nature's Vault is offering gold-linked assets as an environmentally friendly alternative to physical gold mining.
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Gold mining has significant environmental costs, including deforestation, waste production, and carbon emissions. The expansion of gold mines has led to over 3,500 km2 of deforestation and annual emissions of around 126 million tonnes of CO2e. Additionally, about 99% of the ore extracted from gold mining goes to waste, with the tailings containing high levels of heavy metals that can harm ecosystems. Nature's Vault is offering gold-linked assets as an environmentally friendly alternative to physical gold mining.
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Sports Streaming Interest in the U.S. by State
The global streaming revolution is well underway, and sports streaming is no different. In 2022, 85% of Americans had a streaming account and 58% had more than one. And with old exclusive cable deals winding down, sports streaming interest has grown from both consumers and providers, including sports leagues, streamers, and cable providers. Examining the frequency of streaming sports queries reveals both important sporting events and the effects of COVID-19. From 2017 to 2021, some of the notable and recurring spikes in sports streaming interest occurred around the following dates...
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The global streaming revolution is well underway, and sports streaming is no different. In 2022, 85% of Americans had a streaming account and 58% had more than one. And with old exclusive cable deals winding down, sports streaming interest has grown from both consumers and providers, including sports leagues, streamers, and cable providers. Examining the frequency of streaming sports queries reveals both important sporting events and the effects of COVID-19. From 2017 to 2021, some of the notable and recurring spikes in sports streaming interest occurred around the following dates...
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Ranked: The Most Profitable U.S. Companies, by Sector
Despite a bear market and high inflation, US corporate profits reached record levels in 2022. Corporate profit margins have become a key measure of financial health as they act as a buffer against higher borrowing costs and price pressures. Apple is the most profitable company in America, with profits of nearly $100 billion in 2022. Exxon Mobil and JPMorgan Chase were the most profitable in the energy and financial sectors, respectively.
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Despite a bear market and high inflation, US corporate profits reached record levels in 2022. Corporate profit margins have become a key measure of financial health as they act as a buffer against higher borrowing costs and price pressures. Apple is the most profitable company in America, with profits of nearly $100 billion in 2022. Exxon Mobil and JPMorgan Chase were the most profitable in the energy and financial sectors, respectively.
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