Nigeria's economy has slid into recession after negative growth in the first two quarters of the year, the National Bureau of Statistics (NBS) said Wednesday. Nigeria, Africa's top economy, has been battered by low oil prices hammering government revenues, weakening the national currency and driving up inflation to an 11-year high..
Nigeria's economy has slid into recession after negative growth in the first two quarters of the year, the National Bureau of Statistics (NBS) said Wednesday. Nigeria, Africa's top economy, has been battered by low oil prices hammering government revenues, weakening the national currency and driving up inflation to an 11-year high.
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भारत दुनिया की सबसे तेज रफ़्तार से आगे बढ़ने वाली Economy | PM Modi | Indian Economy | Proactive
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Space economy worth $1.25tn by 2030 | NSR | Global Space Economy | VARINDIA News Hour
Northern Sky Research (NSR) in its Global Space Economy, said in its second Edition report, is projecting that the Global Space Economy will be worth $1.25 trillion (€1.12tn) by 2030. Further NSR is projecting strong revenue potential across all key segments, underpinned by record setting investment and both public and private sector demand for space products and services. With over $1.25 trillion in cumulative revenue projected by 2030, the space industry growth trajectory trends upwards at a 6.25 percent CAG. Satellite & Space Infrastructure is the largest segment today, with burgeoning demand from the Crew & Cargo market as the leading revenue source. Close behind are key infrastructure markets such as Satellite Communications, Earth Observation, Situational Awareness and Science & Technology. Altogether, the Satellite & Space Infrastructure market will generate over $570 billion in revenue by 2030, says NSR. But these traditional revenue generators are changing. NSR says that by decade’s end, the report observes Satellite Communications Services overtaking Infrastructure to become the dominant market in terms of annual revenues.
From segments such as Mobility (aero, maritime, land) to Enterprise Data and Government/Military, the upside for Satellite Communications Services is significant as more/flexible satellites are launched and an increasingly virtual, 5G-enabled and cloud-based ground segment is enabled. At an impressive CAGR of nearly 13 per cent, this segment is a key revenue driver going forward,” notes the report. Then, as the decade rolls on, a third category emerges: “Satellite & Space Applications, also contribute well to global space revenues. Earth Observation Information Products, Data Analytics, Data Downlink and Space Tourism & Travel are all key applications driving long term demand. Revenue of $140 billion by 2030 and a 1
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A #circulareconomy is a systemic approach to economic development designed to benefit businesses, society, and the environment. A circular economy reveals and designs out the negative impacts of economic activity that cause damage to human health and natural systems. This includes the release of greenhouse gases and hazardous substances, the pollution of air, land, and water, as well as structural waste such as traffic congestion. The current paradigm of linear economic model could be coming to an end and its place will be taken by the circular economy. The current model of production and management of resources, goods and services that seeks to promote short-term consumption is leading the planet to an unsustainable situation. The current economic system is the opposite of the life cycle of nature and collides with sustainable development, focused on the long term. In nature there is no waste or landfill: all elements play a role continuously and are reused in different stages.
The new model of circular economy is meant to allow the planet to breathe, while leaving no one behind. By decoupling economic growth from resource use, setting global standards in product sustainability, keeping resource use within planetary boundaries and promoting the re-use of materials, circular economy may be the only sustainable economic model for the future. Secondly, the circular economy promotes the use of as many biodegradable materials as possible in the manufacture of products -biological nutrients- so they can get back to nature without causing environmental damage at the end of their useful life. When it is not possible to use eco-friendly materials -technical nutrients: electronics, hardware, batteries... - the aim is to facilitate a simple uncoupling to give them a new life by reintroducing them into the production cycle and composing a new piece. When this is not possible, it will be recycled in a respectful way with the environment. Circular economy is a substanti
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