2.5 billion people benefit from banking.

2.5 billion people benefit from banking.

2.5 billion people benefit from banking.

According to the World Bank 2014 Global Financial Development Report , which corresponds to half of the adult population in the world still 2.5 billion people can not benefit from banking services .
The World Bank's Global Financial Development Report published each year (GDF 's ) main theme of the 2014 number is generating increasing participation in financial services .
The report primarily of technological innovations , including mobile banking , financial services in developing countries shows that a positive impact on participation .
Access to finance in the most comprehensive report ever prepared , corresponding to half of the adult population in the world still 2.5 billion people are unable to benefit from banking services are emphasized.
In the report, the World Bank President Jim Yong Kim began last month and e-currency accounts, e -mobile wallet technological innovation with the help of 2020 working age adults universal access to finance aimed at providing interference particular attention is drawn .
President Yong Kim , in his statement , financial services participation , efforts to promote the well- designed, people development path of strengthening a better way might be , stating whether it is a public financial regulator If you'd like a private bank , get everyone's access to financial services provision of countries' interests noted that .
Yong Kim , also for these developments throughout the world , referring to positive results can reveal information that may help to end the poverty gave their opinions .
According to the report , making it cheaper and easier access to financial services that poor people have profited most from technological innovation . Remote and scattered populated areas , especially those with low income economies , including the installation of bank branches outside the introduction of financial services have benefited .
Report this framework, the user can transfer the money to the store and offering a safe place puts the emphasis on cost- savings and debit accounts .
And burdensome for banks to offer low-cost accounts to stop use of the document and state aid to be deposited into bank accounts by electronic payment methods are particularly effective in the report as well as some policy issues are among the saved .
Responsible financial contributions at the same time consumers finance a better understanding of the requirements of emphasizing the report , starting a new business or mortgage loans refer to such a man's life the key moments of the financial education to be effective is arguing .

OBAMA took new measures

OBAMA took new measures.

Barack OBAMA

Obama , in his speech in American Development Center in the 1970s occurred in the country since the end of the income distribution , economic and social effects of disorders of the government intends to take measures briefed .
Speaking to the U.S. income distribution in the late 1970s since the constantly disturbed by expressing the beginning Obama , in the 1970s the top income quintile, located in the segment's total revenue to 30 percent , while today this rate to 50 percent be recalled.
Obama , 2 After World War II economic growth in the years a company director general of the average worker from the 20-30 times more than won , but today this rate 273 times up to the knowledge sharing , these changes partly technological developments share even though the economic policies of the role of overlooked we should not , he said.
" American dream " of equality of opportunity and a lot of work is based on Underlining Obama , whereby disadvantaged sections also upward social mobility sağlayıp from their parents a better life may have emphasized that . But the long- term ongoing social inequalities that hinder progress , and today many other developed countries , citizens of the United States noted that provides a better chance of promotion .

Obama , economic growth, more fragile , to be periods of recession more often occur and people together rely less on income distribution inequality in the negative effects found among the telling, today , at this point no longer inequality a racial or ethnic problem class problems believed to be emphasized. He 's also the country with the opportunities of a better life with his parents from his grandfather, Obama has stated that the " fight against inequality acts as a personal case ," he said .Their views on combating inequalities in income distribution, explaining the Obama mentioned the importance of economic growth for this purpose , whether income inequality cake remained stable or shrank stressed that the fight is not possible .
Obama , in balancing the distribution of income , pointing to the importance of education , higher education in creating the middle class has argued that the most effective way . Increasing the minimum wage has remained the same for decades in the United States advocating the idea of ​​Obama , it is not an ideological policy , many employees in the country everyone can live in dignity stated that fees should win .

Peter Schiff We re in Depression, Dollar Crisis Coming 2

U.S. debt ceiling is increased in the global economy took a breath

IMF Managing Director Christine Lagarde, U.S. debt ceiling raise the Click event of the global economy could slip into recession warned.

At the same time suspended services in the United States in many public employees will start working again.

Republican and Democratic leaders in the Senate earlier passed the Senate agreed on the draft resolutions.

The motion put to the vote in 18 games, no provision was adopted with 81 yes votes.

Later, the House of Representatives voted on the motion, corresponding to 144 no 285 yes votes was approved taking.

House of Representatives Republican leaders reluctantly backed Republicans to vote against the motion were numerous.

President Barack Obama's decision to sign this morning was enacted.
Immediately after the adoption of the resolution , U.S. President Barack Obama makes a statement , " to regain the trust of the American people , including a lot of work in front of that ," he said .
Senate Democratic leader Harry Reid in the early hours of motion in his speech as "historic" , he described the long -term budget deal to Congress for the time said he knew it .
Recommendation may be submitted to the Senate and the House of Representatives under the plan will be created with the participation of members of the long-term budget agreement, a committee will be tasked with .
Reid "Our country came to the brink of disaster . This law that stops Washington's work was terminated uncertainty ," he said .
Reid to interview Republican leader Mitch McConnell in the Senate , in case of adoption of the law is suspended and default on government services will begin again denied the deduction because "sure" said .

U.S. economy grew faster than expected..


In a statement from the Ministry of Commerce of the American economy , constituting 70 percent of consumer spending rose faster than expected in the third quarter were noted. Description of Americans to increase their spending large amounts of money , such as white goods , as well as daily services and increase spending on health was reported that they do .
 
 July to September increase in the range of the rapid growth of the past two years . In 2009, the country's economic recovery from the crisis since the second fastest growth was recorded.
 
 The government earlier forecast of 3.6 percent growth in the previous quarter was waiting . The U.S. economy grew 2.5 percent in the second quarter .
 
 Wells Fargo economist Mark Vitner Bank experts think positively about the course of the American economy in 2014 , he said. Vitner , the bank 's growth forecast for 2014 is 2.5 percent , and in 2014 both themselves and other experts noted that positive thoughts entered .
 
 Developments in the world's largest economy , the U.S. Federal Reserve 's direct support to the economy caused a gradual reduction decision . Fed last month $ 85 billion a year to support the economy 75 billion dollars next month to download .
 
 Since the inception of the Fed to buy bonds to provide employment to over 3 million people in the U.S. economy and the unemployment rate fell to 7 percent . New York City has reached record levels in the stock market today .

American and Japanese stock markets were close Profitable 2013


America and Japan cut interest rates by central banks in the home , facilitate the purchase of equipment and other similar items as the year of the stock market has caused high snow to close . BIST stock market was one of the most consuming .
In Japan, the Nikkei closing years of snow 57 percent had a performance not seen in a very long time . S & P figures in America, judging from the start to the day can turn snow 29 percent year . Higher earnings in the year brought the Dow and NASDAQ .
 
 Nick Ventura Ventura Wealth Management firm Japan's economic policy " global gamble" and now hailed as successful , he said .
  Residents in 2013 showed a growth of the American economy , and unemployment was on the rise in house prices fell. Ventura recovery of the economy , and the reduction of major ups and downs mean an increase in investor confidence , he said.
 
 Cause of the decline in the American stock market experts say stronger reception in the direction of the U.S. economy improves , he said that help to build confidence .
 
 Located in central Boston investment firm State Street, according to a study published today in America between the months of November and December showed an increase investor confidence . Increased confidence , investors receive shares led them to medium risk .
 
 According to a report in the Wall Street Journal complex strategies investors to set aside shares headed for the cheap and high return potential .
 
 In difficult economic times, people are turning to the Financial Times that the decrease in the demand for gold and government bonds he wrote.
  Experts in the stock market prices at a slower rate than in 2014, expects to continue to increase .
https://www.youtube.com/watch?v=DAS4bk0kZvQ
 
 Matthew Tuttle shares will be valued investment adviser , but also increases the risk , he says.
 
 Tuttle said that the economic situation is weak , the states until 2016, an unexpected crisis . Undoubtedly occurs in the economy, experts say a balloon to widen the area of the balloon is still considering .
 
 Tuttle 's economy that the Fed should be cautious while reducing support , he says.

England goes to plastic money


England two years after giving up paper money , to plastic money now . The grounds are more durable , clean and be safe . England is not the first in this case , there are more than 20 countries use plastic money .

Raw materials by polymer plastic money paper money is said to be 2.5 times more durable .

Plastic money does not stain , can not be easily imitated .

In fact, even in a washing machine washine not broken but ironed melts when exposed to excessive heat .

Opinion polls show that 87 percent of the British public support shows that plastic money .

The use of plastic money began in 1988 in Australia , including Canada, New Zealand and Mexico, which also in circulation in more than 20 countries .

The Bank of England , from 2016 instead of paper money, plastic money has announced that it began to be printed .

Circulation ago , former prime minister Winston Churchill is located on the £ 5 banknote will.

One year later, 10 pounds in banknotes to be printed will include the author Jane Austen .

Unable to pay their debts to the United States into the 'debt ceiling' crisis



Unable to pay their debts to the United States into the 'debt ceiling' crisis, disaster remains less than 24 hours, the problem was overcome. On the agreements reached in the Senate, markets relieved.

Democrats and Republicans in the U.S. Congress fail to reach a compromise on the budget crisis that started as a result, more than 1 million civil servants has led to the removal of the mandatory permission.

According to experts, the U.S. economy crisis, which cost about $ 300 million a day, if not end until October 17, the U.S. government unable to pay its debts may fall and this may adversely affect the global market, it was stated.

International Monetary Fund (IMF) and World Bank have called for reconciliation in the Senate, otherwise it will take place primarily in developing countries, including the economic crisis will affect the whole world had warned.