Tuesday 25 October 2016

2016-15 News

1. CETA - still no progress
2. Skilled migrants go mostly to just four countries: US, UK, Canada and ASustralia.
3. For the first time, among highly skilled migrants the number of females exceeded the number of males.
4. The World Bank has just published a report "Doing Business 2017".
It provides information on various aspects of the ease fo doing business around the world.
Interested? It is free; you can download it here. Read it after the mid-term - it is 350 pages long.
Here are the rankings. The top countries are the usual suspects: New Zealand, Singapore, Denmark, Hong Kong, Korea, Norway, United Kingdom, United States, Sweden and FYROM (Macedonia)

Canada is 22nd, just after such powerhouses as Iceland and Lithuania.
Canada is ranked 2nd in the ease of opening a business, but you may need a generator: it is 108th in getting electricity (just after Kenya and the Republic of Micronesia). We do not do well in contract enforcement (112th - Somalia is ranked a bit ahead of us). So there are opportunities for improvement.

5. Austria has just sold bonds: maturity in 2023, yield (interest rate) -0.191%
maturity in 2086: yield 1.53%. The second was record length for sovereign bonds. The buyer will see the money tripled in 70 years.

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