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6G Today Tomorrow and Everyday Thereafter
How do we improve on yesterday so that today and tomorrow is better and more cost effective. What is it that we have that is good?
What could be better?
Why is it not working now?
How are we going to change things?
When will we achieve enough is good enough?
Where do we need to act?
Who can help us move forward?
Striving for perfection is not our goal. Do not let perfection be the enemy of the good enough. Focus on making realistic changes for the better happen. Dreaming of a better world tomorrow does not make the real world good enough today.
Practical action to progressively improve the world we live in
Most people in 3rd world countries are not interested in woke words. They simply want to live better tomorrow than they did today. Most peoples 1st world problems could be alleviated with a holistic approach to good business management and lifestyle choices.
Aspiration to live better wherever you live in the world can be fulfilled by solving all our problems together at once not by a piecemeal approach. Good words do not put food on the table or a roof over your head. Sodding your neighbour does not protect you from destroying everything you have built around you.
People can work together for common good
We do not need to be in the same country culture or place to work as a team to achieve what we want for ourselves. Getting what you want can help others to get what they want out of the investment of time.
Putting up trade barriers does not work for the builder of walls. Forcing people to be in your gang does not make progression towards goals fast enough. Seeing the mutual benefit at the end for all people on the bus does.
Our holistic approach to making decisions for the common good will be successful for all who lend support
If you put your shoulder to the wheel you can reap the rewards from the effort.
We are not looking for constant companions but do seek constant progress. Moving it forward a little everyday is better than big leaps now and again. We do not need to be beside you for every step but would like to be with you at the end of the journey. We can achieve more together than on our own.
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The global economy is recovering slowly. 2018 could see a leap in global business activity as key countries like China and America suck in more trade and export more. Some Eurozone countries are growing very fast in comparison to recent years and the Eurozone as a whole is growing once again.
Find out how risks in the biggest countries or trade areas in the world creates threats and opportunities for your business wherever you are in the world and wherever you want to export to.
It would help if the G20 countries could create business opportunities more than they create threats for the benefit of the whole world including emerging economies. However you may also need to take actions to mitigate the impact of these countries on your business.
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Eurozone European Union EU or European Economic Area EEA free trade. Whatever your business relationship with UK collaborate more on BusinessRiskTV.com. Cooperate to sell more to each other more easily.
Whether you align yourself with just UK EU Eurozone or EEA or none of them
Trading more brings down barriers. Every free trade agreement has an edge demarcation or barrier. Pull down barriers by trading more freely one to one. Then national barriers will fall.
EEA provides for the free movement of persons, goods, services and capital within the European Single Market
To get the most out of your business assets you do not need a free trade agreement. It does not matter if you are in favour of Brexit or not. You have to manage the threats and opportunities from Brexit. If your business is in the UK EU EEA or on the other side of the world trade more.
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There is an argument that the EU27 were being held back by UK. Maybe UK is being held back from global growth by EU? Most business leaders no longer care.
Most do not trade outside of their country
Most just want to know what the new environment is
Most will get on fine with whatever is agreed
Our role is not to meddle with the politics. What will be will be. Our duty is to make the best out of the finalised deal. BusinessRiskTV.com will help business leaders wherever they are trade more profitably.
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25th June 2020 International Monetary Fund IMF Says Global Economy To Shrink Nearly 5 Percent In 2020
The IMF is now predicting a deeper global recession caused by the coronavirus pandemic. Even if the spread of the virus reduces which it is not consumers will be too frightened to spend at the same level as prepandemic. This will hit the the global economy hard.
8th June 2020 World Bank Forecasting COVID-19 Pandemic To Shrink Global GDP By 5.2 Percent In 2020
The forecast if it is right will be worst global economic contraction since World War II. The World Bank is forecasting global economic growth of 4.2 percent in 2021.
26th May 2020 The Second Wave Is Often The Biggest Killer
Going back centuries we can see that it is often the second wave of infections that kill more people than the first hit of the pandemic. While some countries are getting to grips with the Covid19 pandemic others have yet to feel the full force of the new deadly virus.
The game changer will be a vaccine but without that most countries will experience second third or more waves of Covid19. How big these waves impact will depend on learning the lessons from the first wave and not repeating the same or similar mistakes.
A large second wave of the virus with run away exponential spreading that forces reinforcement of social and economic lockdown would be catastrophic. The reproduction rate in countries where the virus is under control must be kept below 1. Countries which do not have the virus under control need to be quarantined to prevent them spreading the virus back into controlled country environments.
Even without a second wave of deaths the first wave tsunami economic wave may hurt localised areas whole continents and the world:
Some countries will not be able to pay their debts built up prior to pandemic or during the pandemic.
The eurozone and wider European union could implode from within. Alternatively some weaker countries may be forced to leave for the sake of survival of the rest as a homogeneous economic unit.
Systemic banking collapse could yet occur. ItalianIndian and Chinese banks are particularly weak. However unknown weaknesses in other national banking systems could be the first domino to fall.
Corporate entities soaked in debt may have to close creating bad debt others may struggle to cope with.
Commercial and private valuations will in the short term be overpriced. Investments which have such assets are also overpriced. If there is not a V-shaped recovery in the economy then in the medium term this could create an unstable finance sector that could be a lot more damaging than lost revenue for a few months.
The political fundamentals could change when people react to the dawning that not only have thousands of people died but their financial futures are ruined for decades or perhaps lifetimes. RussiaBrazil and India could presently be smoldering in embers of political change which could affect oil prices and the global economy.
Most of all debt was a problem for many countries prior to pandemic. With the pandemic debt has been posted as the saviour. It could become a bigger killer than the virus.
14th April 2020 International Monetary Fund IMF Reports The Global Economy Shrinking 3 Percent Due To The Coronavirus Pandemic
The IMF had forecast a growth of 3.5 percent for the the global economy pre pandemic. This means the IMF is forecasting a 6.5 percent swing from growth to global recession.
The financial crisis in 2009 only saw a global recession of 0.1 percent. This economic and financial crisis is 30 times worse than 2009 financial crisis. Next year the IMF expects a massive bounce back to global economic growth. Not all businesses will survive to see it.
23rd March 2020 Global Recession Due To Coronavirus COVID19 Pandemic Is Guaranteed
The only uncertainty is whether the global economy will deteriorate so much that a long term global economic depression happens.
20th January 2020 International Monetary Fund IMF Cuts Global Growth Forecasts 2020 and 2021
The IMF is now forecasting global growth of 3.3 percent in 2020 and 3.4 percent in 2021. Risks to the global economy include:
High levels of inequality within countries and between countries
The rapid development of 4th industrial revolution technology threatening unemployment rises
High geopolitical risks and trade wars
Financial meltdown due to very high levels of debt
The IMF can see signs that some risks are stabilising but still significant threat to global growth.
9th January 2020 Now The Iran USA Immediate Threat Of War Is Dissipating The Global Economic Threat Returns To International Trade Wars
The signs are that both USA and Iran can agree to disagree again within killing thousands of people. The biggest threat to the global economy is the trade wars around the world particularly USA China trade war. Even this threat appears to be unwinding in its severity especially if they can do a partial deal soon.
If America and China can do a trade deal sign it and implement it the global economy can expand aggressively. It will be like the cork in a bottle of champagne.
Until then and in addition to such a trade deal governments around the world need to invest heavily in infrastructure to support the global economy and prepare for rapid expansion 2021 onwards.
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