Credit World News

Borrowing more and less savings!!. The Centre for Social Justice recently released a report called Maxed Out reveals a picture of a struggling British. Low income and low savings are affecting vulnerable groups like unemployed, aged people, single parents and people with low disposable income. These people are forced to spend the majority of their income for the basic needs. According the latest reports in 2013 the amount of national debt which Britain hold is £1.43 trillion and this is very much equal to the nation’s whole economic output indication towards life of people are going …. The growing debt is causing disputes in the family and thus it is affecting the society also. According to this report more than 7 million people are using various credit methods like payday loans, home credits and pawnbrokers. Surprisingly 1.4 million people do not have a bank account for the transaction and they are not taking part in the mainstream financial transaction! This results in poor famil...

Published in Medgate Today . View it Here http://www.medgatetoday.com/past-issues-nov-dec%202013.html The World Economic Forum report on healthcare industry is all about its vision on the healthcare industry. The healthcare industry has tremendously grown since the last two decades especially in OECD countries it has grown beyond the GDP. This report encourages to look beyond the traditional healthcare trends and to adapt the changes which science and technology brings in. The truth is that healthcare industry is affected by the austerity measures established by various countries due to the economic crisis. The success in the healthcare industry has given new challenges like • Chronic illnesses • Costly healthcare • Prolonged treatment Over the last 50 years the average annual rate of healthcare has grown to 2% and by 2050 the annual average cost is expected to grow by 50-100%. Healthcare system not only includes treatment and care but it includes policies, products and serv...

The world may be frying their brain behind the economic crisis, but for the billionaires crisis doesn’t matter. The number of billionaires has increased and so has the wealth creation.Billionaires are originating from new areas but most of them are based in London and New York. The Wealth Report by Wealth –X says that the number of people with US$30mn or more in net assets has grown by 5% in 2012 or their number is assumed to be 8,700. Over the period of the next 10 years, there would be an addition 95,000 people are supposed to be will be added to the list of billionaires with a rise of 50% in the current net asset value of US$30mn which makes the total number of billionaires to 285,665 As per the Wealth Report by Knight Frank, there will be a growth by 96% in the number of billionaires in North America from the period of 2012-2022. HNWI population will grow by 32% in same time frame. In the US itself number of the billionaires will grow by 103%. Africa had 35 billionaires in 2...