Tag: 2016

3 Of The Most Important National Awareness Days In 2016

The idea behind the celebration of a national awareness day is to drum up attention towards a pressing issue that may involve anything from health to politics to food security.

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It’s a very effective concept because in most cases, dozens of countries from all over the world participate.

When more people are aware about a certain issue especially one that is considered a human problem, the increase in attention will attract new ideas on how to find solutions.

There are dozens of national awareness days in 2016 but the three that are discussed below remain as some of the most important ones because of the issues they address.

  • World Cancer Day (February 4)

Most types of cancer are still incurable. Furthermore, statistics show that cancer is among causes of death all over the world.

With that said, World Cancer Day is very important because it aims to spread awareness about the disease and how to fight it. During these day, dozens of fund raisers are held to accumulate donations that will eventually be used for more rigorous cancer research.

In fact, a lot of the developments in cancer research were funded by donations generated during World Cancer Day.

  • earthEarth Day (April 22)

The main focus of this national awareness day is to support environmental protection.

As you should already know by now, climate change is a proven fact and that its effects are being observed worldwide. This is why climate change is usually one of the things that are discussed …

STOCK MARKET CRASH

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The Great Recession happened in the world economy less than ten years ago.

It was the most widespread and deepest downturn the world has experienced ever since the 1920-1930’s Great Depression.

Since 2008, when the stock market crashed the recovery process has been very slow and long. It experienced multiple challenging obstacles along the way.

However, there is still a successful improvement in the economy.

Over the past five years, the S&P 500 index gained more than 92%. It was during the second half of 2015 when the market saw a rapid turn for the worse.

This year, the S&P 500 index is currently 9% down since the beginning of 2016.

Unemployment rates in the United States have decreased dramatically. During the Great Recession, it was nearly at 10% but today it’s at only 4.9%.

Today, let’s take a look into some details.

  • detailsSTOCK MARKET CRASH IN EUROPE

The Great Recession in Europe was followed by the sovereign debt crisis. It is a persistent issue since Europe plays an important role in the world economy.

Extraordinary measures to implement quantitative ease with regards to the Eurozone is being made by the European Central Bank.

The PIIGS nations which includes countries such as Spain, Portugal, Italy, Greece and Ireland have been repeatedly bailed out by the IMF and European Union.

The collapse of the euro currency will cause a widespread disadvantage in the entire world economy.

Recession is very likely to happen.

  • CHINESE ECONOMY

Over the past few decades, the Chinese …