The US debt-to-GDP ratio is expected to rise while other advanced economies’ ratios shrink — (“the US is a major outlier among advanced economies in one big scary way”)
Submitted April 21, 2018 at 10:22AM by PostNationalism
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Bill Gates highlighted the contribution made by the developing world
"Today the entrepreneurs driving start-ups from Johannesburg, to Nairobi, to New Delhi are young in age and in outlook. The thousands of businesses they're creating are already remaking the future," Microsoft founder and philanthropist Bill Gates said in a speech, speaking about the potential of youth more broadly.
Specifically, Gates also highlighted the contribution in technology development made by the developing world, though most the world's largest technology companies are from the US. Kenya's "pioneering" M-Pesa digital payments platform "has been a model for dozens of countries around the world," Gates said.
"Time and again, we see that when the private sector looks for opportunities to have a positive impact on people's lives, it can make development faster, cheaper and better," Gates added. (I read this news from FuninUSA. Recommend this website to you. There’re lots of meaningful pieces of news there)
Truly, the developing countries are gradually increasing their influences and participation globally, from economic distribution to technology development.
Submitted April 21, 2018 at 05:58AM by FuninUSA
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