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Showing posts from April 14, 2016

Financial startups and The new economy

Inventions are limited goods. This characteristics explained Jonathan Huebner physicist in Naval Air Warfare Center in his article from 2005 with name “A Possible Declining Trend in Worldwide Innovations”. Following article aims to show the trends in world and potential risks associated with them. I also would like to uncover a little why I think The new economy can change the game. This article beside explains IT trends in startups nowadays. Silicon Valley is known as the best tech innovation center in world and it truly has a lot to offer for potential entrepreneurs. There are hundreds of eager investors and VC firms, excellent programmers, best managers and the weather is amazing as well. However the most of innovations that we are experiencing recently are aiming to IPO or to be bought by multinational companies rather than trying to add some value or come with something truly breath taking. Jonathan Huebner said that the core inventions are like tree trunks and the innovation

This country could drive oil demand growth: IEA

Global oil demand growth is forecast to ease further in 2016, the International Energy Agency (IEA) said on Thursday, predicting a slowdown in demand from some of the world's top consumers and a rise in demand from one particular economy. Growth in global oil demand will ease to around 1.2 million barrels a day in 2016, the IEA said in its latest monthly report published on Thursday, below 2015's 1.8 million barrels a day (mb/d) expansion. This would take place, the IEA said, as "notable decelerations take hold across China, the U.S. and much of Europe." It said such decelerations in those countries were the result of "slower industrial activity and generally mild recent winter temperatures" in member countries of the Organization of Economic Co-operation and Development (OECD). The agency also highlighted slower demand growth in China as the economy focuses on consumption rather than heavy manufacturing for its growth. In contrast, the agency said th