Global Economic Table with Income from Drugs & Prostitution Included

World Economic League Table (WELT) for 2014

The latest edition of Cebr Global World Economic League Table (WELT) for 2015 reveals interesting moves by the world’s largest  economies, say the authors.

The UK overtakes France (just) having revised our GDP figures to include earnings from drugs and prostitution. The French figures do not include these industries (which may well be larger than their British counterparts!).

Russia’s well known economic woes show it dropping to tenth place. The collapse in the Turkish Lira brings it down from 17^th to 19^th place. Korea moves up a place as do Italy (surprisingly but only because the Russian economy is in even worse trouble than the Italian economy!) India, the Netherlands, Belgium (who swap places with Norway) and Austria. Argentina drops 3 places as its economy collapses. [Cebr]

Cebr Global’s World Economic League Table (WELT) is an annual calculation by Cebr Global, Cebr’s global economic consultancy. The base data for 2013 is taken from the IMF World Economic Outlook and the GDP forecast draws on Cebr’s Global Prospects model to forecast growth, inflation and exchange rates. (Source: Cebr)

In its 2011 “End of the Year” entry titled Most Unethical Nations in 2011 [and Probably 2012] posted December 31, 2011, FIRE-EARTH said

World’s top 20 countries with the highest arms expenditure 

Top 20 countries with the highest military expenditure for 2010 shown as a percentage of the world total. Source: SIPRI Military Expenditure Database, War Resisters League and others.

Related Links

• The 48 percent December 24, 2011
• Japan to Spend $232.4 Billion on Weapons  December 17, 2013
• World’s Most Unethical Country Also “Greatest Threat to Global Peace” January 2, 2014
• 1 Mn More Brits Bite Poverty, as Govt Spends $12 Billion on Obsolete White Elephant Posted on July 3, 2014
• UK Food Poverty Causing Massive Rise in Malnutrition Cases August 23, 2014

Eurozone: Unemployment Rate Hits New High

DISASTER CALENDAR SYMBOLIC COUNTDOWN: 1,196 Days Left 

[December 2, 2012] Mass die-offs resulting from human impact and the planetary response to the anthropogenic assault could occur by early 2016.

• SYMBOLIC COUNTDOWN: 1,196 Days Left to the most Fateful Day in Human History
• Symbolic countdown to the ‘worst day’ in human history began on May 15, 2011 ...

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Global Disasters/ Significant Events

Jobless rate in the euro area rose to a new high of 11.7% in October

European Central Bank has warned the single currency zone would not emerge from its crisis until the second half of 2013 [wishful thinking?]

Unemployment rate in recessionary euro area climbed to 11.7% in October up from 10.4% last year.

[Eurozone, officially the euro area, is an economic and monetary union of 17 European Union (EU) member states using euro (€) as common currency.]

• October 2012 rise was the 14th consecutive monthly record since September 2011 when unemployment reached 10.3 percent.

• An additional 173,000 were out of work across the euro area, bringing the total to 18.7 million.

• Some 25.92 million people across the 27-state European Union single market were out of work in October, Eurostat said.

• The youth unemployment rate climbed to 23.9% in the euro area and to 23.4% in the EU single market compared with 21.2 % and 21.9 percent a year ago, leaving about one in four young Europeans out of work in October.

• Spain’s jobless rate rose to 26.2% from 25.8% the previous month (55.9 percent of under 25s were out of work), and Italy’s climbed to 11.1% from 10.8%.
• Greece’s unemployment rate jumped to 25.4% from 18.4% a year ago (at least 57 percent of under 25s were out of work), and Portugal’s 16.3% from 13.7%.
• France’s jobless rate was 10.7% and Ireland’s 14.7% in October.

Global Disasters: Links, Forecasts and Background

• The First Wave of World’s Collapsing Cities
• Back to the Primordial Future
• The Fate of Energy Dinosaurs
• Mass Die-offs

• 2010 Disasters [Links to 2010 Disaster Calendar]
• Mega Disasters
• 2011 Disaster Calendar
• 2012 Disaster Calendar

GLOBAL WARNING

• WARNING: Human impact 2.85 x Earth’s diminishing carrying capacity
• WARNING: RAPID DECLINE IN PROGRESS!
• Europe: The First Phase of Collapse Has Started 
• United States: The First Phase of Collapse Has Begun

Europe: The First Phase of Collapse Has Started

DISASTER CALENDAR SYMBOLIC COUNTDOWN: 1,213 Days Left 

[November 15, 2012] Mass die-offs resulting from human impact and the planetary response to the anthropogenic assault could occur by early 2016.

• SYMBOLIC COUNTDOWN: 1,213 Days Left to the most Fateful Day in Human History
• Symbolic countdown to the ‘worst day’ in human history began on May 15, 2011 ...

.

Global Disasters/ Significant Events

Socioeconomic Epidemic: ‘They leave us without future!’

Millions of people across 23 countries in Europe marked the European Day of Action and Solidarity, demonstrating against unemployment, dire economic prospects and the so-called anti-austerity measures.

• In Spain, where unemployment rate is 26%, and in Portugal, which has an unemployment rate of about 16%, millions of people took to the streets, while public services and international flights came to a stand still amid general strikes.
  • Demonstrators distributed leaflets which read:
    • ‘We have no future!’
    • ‘They leave us without a future.’
    • ‘They are the guilty ones!’
    • ‘Austerity kills dignity. Reclaim Europe!’
• In Greece and Italy, hundrdes of thousands of people marched through the streets.
• In Belgium and France, public services were severely affected due to strikes and large-scale rallies.
• In major cities across Germany, Poland and other EU countries, hundreds of rallies were held.
• Hundreds of people in Italy, Portugal and Spain were injured amid violent clashes with the police,  and hundreds more arrested.

Global Disasters: Links, Forecasts and Background

• The First Wave of World’s Collapsing Cities
• Back to the Primordial Future
• The Fate of Energy Dinosaurs
• Mass Die-offs

• 2010 Disasters [Links to 2010 Disaster Calendar]
• Mega Disasters
• 2011 Disaster Calendar
• 2012 Disaster Calendar

GLOBAL WARNING

• WARNING: Human impact 2.85 x Earth’s diminishing carrying capacity
• WARNING: RAPID DECLINE IN PROGRESS!