China is no longer the world’s most important source of growth

China’s economy is undergoing a structural slowdown.

China has been way out front as the world’s most important source of economic growth for years.  China has the world’s second largest economy and it continues to grow at a rapid clip but it is cooling as other enormous economies heat up.

 

 

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Insect-eating is the future of food

Insects may be the food of the future.

In Western societies, eating insects is considered disgusting or even primitive. But 2 billion people elsewhere consume insects on a regular basis.  According to a report released last month by the UN, the benefits of using insects as food is so great that it is high time we convert the other 5 billion people into insect-eaters.

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The 0.6% world: Who owns what of the $223 trillion in gobal wealth

The rich got richer, and the poor kept on getting poorer.

In 2010, Zero Hedge started an annual series looking at the (re)distribution in the wealth of nations and social classes. What they found then (and what the media keeps rediscovering year after year to its great surprise) is that as a result of global central bank policy, the rich got richer, and the poor kept on getting poorer, even though as they predicted the global political powers would, at least superficially, seek to enforce policies that aimed to reverse this wealth redistribution from the poor to the rich (a doomed policy as the world’s legislative powers are largely in the lobby pocket of the world’s wealthiest who needless to say are less then willing to enact laws that reduce their wealth and leverage).

 

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Global luxury goods ecommerce market rises by 25%

Luxury goods ecommerce soars.

The worldwide appetite for luxury goods doesn’t seem to have been slowed down by concerns about the state of the global economy, according to research released by business consulting firm Bain & Company in October 2012. In fact, total demand for luxury goods has remained very strong, with worldwide revenues estimated to have grown 10% in 2012.

 

 

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Top 10 global technology trends for the energy and utility markets in 2013

Global energy an utilities sectors faces significant challenges from ongoing environmental sensitivity.

Gartner, Inc. has released a new report that identifies the top ten technology trends affecting the global energy and utility markets in 2013, as the industry faces significant challenges from ongoing environmental sensitivity, changing policymaker attitudes and consumer expectations.

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