Funding

E-Money Deposits

Submitted by crshen on

Source: 

http://www.zerohedge.com/news/10-trillion-m2-now-rearview-mirror

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E-Money Deposits

M2 is money in the form of traverlers checks, regular checks, e-money, and similar forms of secondary money.  It is peculiar to see that the total number of deposits made is more than the amount of currency available.  E-money is harder for banks to track, especially when they are in the hands of third party business such as Paypal.  If the central banks underestimate how much money is flowing through the economy, the government will think to print more money, which would cause inflation.

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Organizations Working to Create a Global Partnership for Development

Submitted by shirab12 on

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World Business Council for Sustainable Development, Poverty Environment Partnership

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Organizations Working to Create a Global Partnership for Development

This picture gives the reader basic information about two organizations working to bring together members of the private, public, and volunteer sectors (as well as various existing organizatons) in order to create international development strategies and to solve problems.

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Development banks pledge $175bn for public transport at Rio+20

Submitted by ward on

Author: 

Jonathan Watts
Development banks pledge $175bn for public transport at Rio+20
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Money will be invested in building transport systems that will reduce greenhouse gas emissions

The world's biggest development banks have made a fundamental investment shift from roads to public transport, under a $175bn (£111bn) initiative to promote buses, trains and cycle lanes that was unveiled on Wednesday at the Rio+20 Earth summit.

Link: 

http://www.guardian.co.uk/environment/2012/jun/20/development-banks-rio20-public-transport

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European public debt at a glance

Submitted by ward on

Source: 

CNN

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European public debt at a glance

(CNN) -- Fourteen out of 27 countries in the European Union had public debt exceeding 60% of their gross domestic product at the end of 2010, according to official statistics.

The report by Eurostat, the statistical office of the European Union, showed that the ratio of government debt to GDP across all 27 member states increased from 74.4% in 2009 to 80.0% in 2010.

For the 17 euro zone countries, the debt is even higher, increasing from 79.3% in 2009 to 85.1% last year.

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