Emerging markets are about to embark on another year of wealth creation after adding $11 trillion to investor portfolios in the past decade. Developing-nation assets will outperform their developed peers, with Asia having the best prospects, according to Bloomberg’s survey of 57 global investors, strategists and traders on their outlook for next year. Total wealth in emerging-market stocks and bonds now exceeds $25 trillion, bigger than the economies of the US and Germany combined. The US-China trade dispute that dictated market moves throughout 2019 will remain the biggest driving force, while China’s growth outlook eclipsed Federal Reserve monetary policy to be the secondmost important factor. After a wave of global easing led to more than $11 trillion in negative-yielding debt, the haven pile will be less of a focus as some central banks enter holding patterns from easier monetary policies. All emerging-market assets are making a comeback this year after posting their … [Read more...] about The $11 trillion EM rally has big backing for 2020
Email RMIT ABC Fact Check Updated November 29, 2019 11:02:39 Photo: Opposition spokeswoman for Indigenous Australians Linda Burney says the Australian constitution is the only one among first world nations with colonial histories that does not recognise its first people. (ABC News: Adam Kennedy) Map: Australia The claimThe question of Indigenous recognition has been debated for many years in state and federal politics in Australia.On ABC's Q&A, opposition spokeswoman for Indigenous Australians Linda Burney said: "The Australian constitution is the only constitution of a first world nation with a colonial history that does not recognise its first people.""That's the truth," she said.Is that correct? RMIT ABC Fact Check investigates.The verdictMs Burney's claim checks out.Fact Check contacted experts for assistance in determining which countries fit the criteria of a "first world nation with a colonial history" and have first people.The common candidates among these … [Read more...] about Linda Burney says Australia is the only first world nation with a colonial history that doesn’t recognise its first people in its constitution. Is she correct?
Whakatane/Wellington: The death toll from a New Zealand volcano eruption rose to eight on Thursday, with two victims dying in hospital, and will continue to climb with eight victims presumed dead on the island and more than 20 in intensive care suffering severe burns. The volcano on White Island was "highly volatile" and could erupt again within days preventing recovery teams retrieving bodies, said authorities. There was no sign of life on the unihabited island. "We are now living with a growing sense of desperation to bring home those that we know are there and those we love," Whakatane Mayor Judy Turner told reporters. "The frustration of those families most affected is completely understandable. No news is not good news for people in this situation." The volcano, a popular tourist day-tripper destination, erupted on Monday, spewing ash and steam over the island. There were 47 people on the island, also known by its Maori name Whakaari, at the time of the eruption. Twenty-four of … [Read more...] about ‘Growing Sense of Desperation’: New Zealand Volcano Death Toll Rises to 8, Will Continue to Climb
The country is the top employment location for undergraduate students of SP Jain School of Global Management. SP Jain School of Global Management (SP Jain Global) has announced the ongoing successful employment for its Bachelor of Business Administration (BBA) students. With over 50 per cent of them having secured jobs in Australia, the class of 2019 is off to a great start in the land Down Under. Employment Report – A Snapshot • Over 50 per cent students secured jobs in Australia with average starting salaries of AUD 55,000 (Rs 27 lakh approx.) • Other placement locations include UAE, Singapore, Vietnam, Japan, Rwanda, India, Germany, Argentina, Brazil and the USA. • Grant Thornton, Deloitte, Mediacom, Bank of Queensland, Schneider Electric, VFS Group, Stockland, Jones Lang LaSalle, Guzman and Gomez, OMD, Mindshare, Export Connect and Third Horizon Consulting are amongst the top recruiters of SP Jain’s latest class. • Sales & Marketing, … [Read more...] about SP Jain School of Global Management’s report card: Class of 2019 heads to Australia
Neymar Jr and Kylian Mbappe starred in PSG's win as they topped group A after thrashing Galatasaray 5-0. Juventus, who have already qualified for the last 16 of the Champions League, pumped in two goals to oust Leverkusen from the tournament, while Gabriel Jesus netted a hat-trick in Manchester City's 4-1 thumping of Dinamo Zagreb. Here are Images from the Champions League matches played on Wednesday IMAGE: Juventus' Cristiano Ronaldo celebrates after scoring against Bayer Leverkusen in their Champions League Group D match at BayArena in Leverkusen, Germany. Photograph: Thilo Schmuelgen/Reuters Cristiano Ronaldo and Gonzalo Higuain scored late goals as already-qualified Juventus beat hosts Bayer Leverkusen 2-0 in the Champions League Group D finale on Wednesday to eliminate the Germans from the competition. Ronaldo tapped in from close range in the 75th minute after having missed an almost identical chance in the first half and Higuain scored in stoppage time to put Juve top of … [Read more...] about PICS: Ronaldo finds net in Juve win; City thump Dinamo