Discover and read the best of Twitter Threads about #gdp

Most recents (24)

At present, the #SriLankan economy is extremely precarious. Although the former government’s budget projected revenue of SLR 2.3 trillion, SLR 1.6 trillion is the realistic projection of this year’s revenue: PM of Sri Lanka #RanilWickremesinghe, in #Colombo

#Economy #SriLanka Image
The estimated govt expenditure for this year is SLR 3.3 trillion. However, due to increase in interest rates & addl expenditure of ex-govt, total govt expenditure is SLR 4 trillion. Budget deficit for the yr is SLR 2.4 trillion. This amount equals 13% of the #GDP: PM of Sri Lanka
Read 9 tweets
🪡 1/10 👇🏻 👀

#NATO is comprised of 30 countries and spends $1.174 TRILLION annually 💣 💥

#US is responsible for $811B of that, or 69% as we outspend ALL other countries by $448B 🇺🇸

Member countries are expected to spend 2% of their #GDP by 2024 but many are not on track…
In this graphic (2019) #NATO spend is compared to the rest of the world… 🌎

At that time #NATO spending was about 117% of that from non-member nations ⚖️

#NATO budget has only increased to now represent 57% of all global military spend 💪🏼

🪡 2/X
$40B heading to #Ukraine would represent ~4% of our annual #NATO contribution… 💸

But as Ukraine is not a member nation, it is unlikely this money will be considered in 2022 contributions to #NATO… 🌐

See how the $40B breaks down in link:

randoland.us/bill_breakdown…

🪡 3/X
Read 12 tweets
While there is still considerable uncertainty over the forecast for #inflation, we think both Core #CPI and #PCE inflation peaked in March and February, respectively, and should move appreciably lower by the end of 2022. Image
Throughout the pandemic, strong disposable #income and limited services spending fueled consumer #spending on goods and high goods volumes created #bottlenecks and extreme #inflation. Image
Eventually, excessively easy #MonetaryPolicy caused this robust #inflation to broaden into less disrupted categories.
Read 6 tweets
#IFBA2021: The Grand Finale of the Indian Family Business Awards Is Here!

Watch the grand finale of the IFBA, presented by Moneycontrol, co-created with @WaterfieldHQ Advisors.

Watch the LIVE 🔴 here 👇
moneycontrol.com/news/business/…

#BuildingLegacy @GrantThorntonIn
#IFBA2021: The Grand Finale of the Indian Family Business Awards is here!

Going live at 7pm 🔴
#StayTuned 🔥

#BuildingLegacy @GrantThorntonIN @WaterfieldHQ
#IFBA2021: The Grand Finale of the Indian Family Business Awards Is Here!

Here’s some #BTS for you! 🔥

Watch the LIVE grand finale of the IFBA, presented by Moneycontrol, co-created with @WaterfieldHQ Advisors here 👇
moneycontrol.com/news/business/…

#BuildingLegacy @GrantThorntonIn
Read 20 tweets
IMF cuts India’s #GDP forecast by 80 basis points for FY23.

For the latest news & updates visit: bloombergquint.com
Higher oil prices cause of downgrade to India’s #GDP growth forecast, says IMF.

Read: bit.ly/3xHR6P8
IMF projects India's #GDP to grow at 8.2% in FY23, 0.8 percentage points lower than its projection in January, according to the World Economic Outlook for April 2022.
bloombergquint.com/business/imf-c…
Read 3 tweets
Zwei Beamte der Polizei #Berlin sollen in zivil besoffen zwei Passanten beleidigt und mit ihren Dienstwaffen bedroht haben. /MS #Problempolizei rbb24.de/panorama/beitr…
Die #GdP #Berlin erwähnte dann zur allgemeinen Belustigung, dass die zwei Beamten "weit über das taktische Bier" hinaus alkoholisiert gewesen sein sollen. /MS
Aber was zur Hölle ist #TaktischesBier? Ich dachte zuerst, das wäre ein Shitpost... der RND klärt auf: Zivil-Polizist:innen dürfen "im verdeckten Einsatz" Bier trinken, um nicht aufzufallen. /MS rnd.de/panorama/berli…
Read 4 tweets
1. United States

The real GDP of the #USA is estimated to be $20,953 trillion. The services sector of the US is much more developed and technologically sophisticated. This fact accounts for about 80% of the total output.

#economy #GDP
2. China

The Chinese economy has witnessed astonishing growth over the last few decades. This fact has helped the country capture the much coveted second place in the list of top 10 economies of the world. The real GDP of #China in 2020 was $14,723 trillion.

#economy #GDP
Read 12 tweets
It was a pleasure to present first thoughts of my master's thesis on #MMT and #degrowth at the @WSSAcon in Denver. I’m currently writing my thesis at @presseunikassel and @LevyEcon. I’d happy for any comment and feedback. A thread 1/
When the government spends, it must either collect #taxes or take on #debt – so the widespread assumption. A growing economy does not pose a problem, as long as g > r the debt-to-GDP ratio declines over time, particularly if loans have low interest rates and long maturities 2/
However,if the economy stops growing or if it even declines, the debt ratio rises and tax revenue declines. If one assumes that the economy should not grow endlessly for socioecological reasons #degrowth @timparrique @MGSchmelzer, how can government spending then be financed? 3/
Read 13 tweets
Why Sri Lanka is suffering from economic crisis ? the major reasons of its are written in thread below.
Tourism which contribute for 10% of the country's GDP, is hit hard by the Covid-19 pandemic.

Highly dependence on imports for its essential items.

The government's decision to ban chemical to make agriculture 100% organic had a negative impact on the economy.
Sri Lanka has a heavy foreign debt of billions of billions, and it is completely trapped in the debt trap of China but still it is taking loan from China.

Sri Lanka's foreign exchange fallen almost 70% in just two years.
Read 4 tweets
Ich fasse mal die heutige Diskussion zu Rainer #Wendt u. zu der Klarstellung, warum er nicht d. "Stimme d. Polizei" ist, aus meiner Sicht zusammen:

1. Wendt ist medienaffin & seine Omnipräsenz suggeriert, er sei die "Stimme d. Polizei".

2. Wendt ist Vorsitzender der #DPolG /2
Ihre Mitglieder sind 👮🏼‍♀️👮🏼, Mitarbeiter v. Ordnungsämtern sowie Angestellte im Polizeidienst u. anderen länderspezifischen oder kommunalen Ordnungsbehörden.

Unter den ca. 100.000 Mitgliedern befinden sich folglich nicht nur 👮🏼👮🏼‍♀️.

Die GdP vertritt übrigens ca. 200.000 👮🏼👮🏼‍♀️ /3
3. Sowohl #DPolG als auch #GdP werben mit im Gewerkschaftsbeitrag enthaltenen Rechts- u. Diensthaftpflichtschutz, so dass viele 👮🏼‍♀️👮🏼 deshalb Mitglied sind & nicht unbedingt aus gewerkschaftspolitischer Überzeugung.

dpolg.de/mitgliedschaft…

gdp.de/gdp/gdpbka.nsf…
/4
Read 7 tweets
Uh Oh.... Tell Me Bankers & Oligarchs...What Was The Plan? - The Marshall Report diannemarshallreport.com/uh-oh-tell-me-…
We’ll just get right to the point…. The last few years of the bloody war on Donbass has been run from Miami by Zelensky …and guess who was there with Zelensky….Ihor Kolomoisky, a Ukrainian – Cypriot – Israeli oligarch.
Now, remember the old pictures and magazine covers we’ve been looking at and shouting that’s from 2018? Well, I guess Zelensky never thought anyone would connect the dots. Trump was right, these oligarchs are rich but not that smart.
Read 26 tweets
Next week sees the release of February flash #PMI surveys, plus RBNZ and BoK meetings as well as #GDP for the US, Germany, Taiwan and Thailand.

Full preview at
bit.ly/3uX5ge0
The PMI data in particular will help assess the economic impact of the Omicron variant. Global growth slowed to a 1½ year low in January with a sharp rise in the number of firms reporting output being constrained by staff shortages & illness linked to Omicron ...
More encouragingly, the incidence of output being constrained by materials shortages continued to fall from a pandemic-peak recorded last October.
Read 5 tweets
Ein Positionspapier der #GdP mit fragwürdigen Aussagen zur Kontrolle der Polizei u. staatlichem Handeln insgesamt:

"Es kann nicht länger sein, dass eine Unkultur des ständigen Hinterfragens staatlichen und polizeilichen Tuns Fahrt aufnimmt."

1/X

gdp.de/gdp/gdpth.nsf/…
"Es geht um das Ignorieren der Kompetenzen staatlicher Institutionen bis hin zu einer erklärten Feindschaft gegenüber der Demokratie und gegenüber denen, die sie bewahren."

sind Sätze, die vermuten lassen, dass die #GdP den eigenen Satz im letzten Teil des Papiers
2/X
"Der GdP‐Bundesvorstand kündigt an, mit dem nötigen emotionalen Abstand und nach Ende der Ermittlungen die Erkenntnisse der Polizistenmorde von Ulmet
intensiv auszuwerten und nötige Schlussfolgerungen daraus, zu den politischen Entscheidern zu tragen."

3/X
Read 4 tweets
Infrastructure as a Theme

A Thread!

#stockmarket #investing #infrastructure #infrastocks

1/19
To understand the infrastructure cycle, we go back in time and look at our previous super Capex cycle, which started from 2003 to 2012

#capex #Markets

2/19
We saw that the commodity prices were increasing, reforms such as the Electricity Act came into play and government spending grew at a rapid pace of 23% CAGR. This led to overall growth in the capital cycle

#commodity #economy

3/19
Read 19 tweets
Nirmala Sitharaman presents #Budget2022 in Parliament, #Sensex jumps over 800 points

Catch all the #BudgetSession2022 live updates.👇

scroll.in/latest/1016370…
#BudgetSession2022

The Budget seeks to lay a blueprint for the next 25 years, says the finance minister.

“We are confident of withstanding challenges amid the coronavirus pandemic,” says #NirmalaSitharaman.

Catch all the #Budget2022 live updates.👇

scroll.in/latest/1016370…
Nirmala Sitharaman says the government strives to provide necessary ecosystem for middle class.

“This Budget hopes to lay the foundation for Amrit Kal from India at 75 to India at 100,” she adds.

Catch all the #Budget2022 live updates.👇

scroll.in/latest/1016370…
Read 64 tweets
PLI in 14 Sectors to create 50 lakh new jobs and additional production of Rs 30 lakh Cr

Budget lays blueprint of Amritkaal

Modern Infra for India at 100 with Multi modal approach

PM GatiShakti,Energy transition, Climate Action to fuel Sustainable development

#UnionBudget2022
PM #GatiShakti Master Plan to power 25000km of Highways

Unified Logistics Interface Program for JIT Inventory Management

Railways to fuel Logistics for Small Farmers

One Station One Product for Local Businesses

2000km under Kawach

400 Vande Bharat Trains
100 Cargo Terminals
NRDP for Better Connectivity

Rs 20000Cr to boost Transport Infra

Rs 2.73 lakh Cr as Public Procurement/MSP for Wheat &Paddy

Focus on Natural,Chemical Free& Zero Budget Farming

Drones for Agriculture

ECLGS till March 2023,with total cover of Rs 5 lakh Cr

##Budget2022
#Budget
Read 17 tweets
Gita Gopinath says,India to become $4 trillion by 2024-25,which is excellent,despite a debilitating pandemic

#LargestVaccineDrive under #PMModi is working wonderfully well

My thread on #EconomicSurvey2022,which shows,Growth,under @narendramodi govt,is on track

#VShapedRecovery
Industrial growth estimated at 11.8% &Services at 8.2% in FY22 show how Economy under @narendramodi is ready to fire on all cylinders

Most Growth Parameters are back to pre-Pandemic levels,as India heads into #UnionBudget2022

#GDP&GVA growth 1.3%&1.9% over Pre #COVID19 levels
#EconomicSurvey shows,be it Operationalisation of Airports or Spread of Bank Branches, @narendramodi govt has truly transformed India,with financial inclusion getting top priority

India set to be Fastest growing for next 2yrs as per IMF,thx to bold reforms by #PMModi
#Modinomics
Read 7 tweets
#LIVE now

Press Conference on #EconomicSurvey 2021-22, by Chief Economic Advisor V . Anantha Nageswaran

Economic Survey 2021-22 has been tabled in Parliament today

🎥

Catch LIVE Updates
Govt. has pursued 4 pronged approach to prepare economy for post-#Pandemic world
Short-term support to economy, especially to vulnerable sections

While keeping a firm eye on fiscal stability in medium term

Structural & supply-side reforms

Process reforms

- CEA
#EconomicSurvey
From a descriptive document published as part of Union #Budget in 1950s, #EconomicSurvey evolved to be a lot more substantial and analytical over the years, presented as a separate document a day before the Budget

- Principal Economic Advisor

LIVE Now
Read 20 tweets
#Budget2022 wish list:

Congratulations to @nsitharaman and @PMOIndia to guide our country thru this #pandemic period. You have avoided excesses of many countries during this period. Thanks to that #India is touted as the next preferred #investment destination.
It is dream of our Hon #PMModi to reach $5 trln economy very soon. For that, besides Govt spending, you will need help from citizens to save, invest and channel the same to productive use through investment vehicles like Mutual Funds.
Our #MutualFund Industry has grown from 25 lac crs to currently 37 lac crs and likely to touch 100 lac crs.

#MF mobilizes #savings of all #Investors - #retail, #HNI, #Institutional and helps in growing our economy by participating in #Debt and #Equity - key drivers for growth
Read 15 tweets
Just updated my UK #GDP forecasts with today's data... 🤓🧵

Some key points and international comparisons

1. UK economic growth in 2021 is likely to be just shy of 7½%, 1% higher than assumed in the October Budget and 3% higher than the consensus at the start of last year... 👍
2. This means that the UK was almost certainly the fastest growing G7 economy in 2021.

Many like to dismiss this as a 'dead cat bounce' after the relatively large fall in 2020. But the UK still did much better than expected, even taking account of this favourable base effect...
3. To illustrate this, this chart compares different vintages of the OECD's forecasts for last year.

In December 2020 the OECD expected the UK to grow by 4.2% in 2021, and to be outpaced by France and Italy. This turned out to be the biggest forecast error for any G7 economy...
Read 10 tweets
An 8 Step Checklist Before Entering Any Trade:

A thread(🧵)... (1/18) Image
1. If the market is in a trading range or trending: Traders must know that if this happens, there's a higher probability of right #trades. Always remember, the trend is your best friend (2/18) Image
#Traders must also ask if the prices are in a strong trend and if they want to continue to move along with this trend. (3/18) Image
Read 18 tweets
Banking Sector!

A Thread.

#Banks #PublicBanks #PrivateBanks

(1/7)
Performance of Bank credit in last decade. Affected due to slowdown in industrial credit towards the second half of the decade.
#Bank #Credit #GDP

(2/7) Image
A triple blow!

1. A commercial credit downcycle due to capital downcycle.
#Bank

(3/7) Image
Read 7 tweets
Monetary policy committee keeps key policy rates unchanged, stance maintained at accommodative, says RBI governor. #RBIPolicy

Watch Live: bit.ly/3DySMd8
Read: bit.ly/31GhTgG
Recovery of aggregate demand hinges on private investment which is still lagging, says RBI Governor Das. #RBIPolicy

Watch Live: bit.ly/3DySMd8
Live blog: bit.ly/31GhTgG
Recent reduction in excise duty and state VAT on auto fuels should support consumption demand, says RBI governor. #RBIPolicy

Watch Live: bit.ly/3DySMd8
Live blog: bit.ly/31GhTgG
Read 18 tweets
🇺🇸 Economic impact of the infrastructure & #BuildBackBetter plans.

Our November baseline forecast includes both the bipartisan #infrastructure package and a $1.8tn BBB bill consisting of spending on social programs and climate initiatives via @OxfordEconomics Image
The $1.2tn #Infrastructure and Investment Jobs Act (IIJA) provides $550bn in new spending over the next 10 years.

We estimate it’ll boost #GDP growth by 0.1ppt in 2022 and 0.3ppt in 2023, with a cumulative 150,000 new jobs by the end of 2023.
Given that shovel-ready projects are a myth, we anticipate government outlays will only increase gradually, and the impact on #inflation will be minimal
Read 7 tweets

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