US Federal Debt will increase to $27 trillions by 2025

The US Federal Debt (also referred to as The Public Debt or The Government Debt) is the amount owed by the federal government of the United States at any time in the past and not yet repaid. America has the largest debt burden in the world, which is estimated to be $18,472 billion by the end of 2015.

Generally, there are two components of gross federal debt: debt held by the public and debt held by government accounts. In 2007 the share of US federal debt held by the public was 56% only, whereas in 2014 this component constituted approximately 72% of the total debt burden.

According to the latest forecasts, US Federal Debt is going to reach $27 trillion by 2025, with the proportion of debt held by the public constituting 78,7% of 2025 US GDP!

Oil Stock Levels in Days of Net Imports

The International Energy Agency is a Paris-based autonomous intergovernmental organization established in 1974 in the wake of the 1973 oil crisis. The IEA was initially dedicated to responding to physical disruptions in the supply of oil, as well as serving as an information source on statistics about the international oil market and other energy sectors.

IEA member countries (excluding crude oil net exporters) are required to maintain total oil stock levels equivalent to at least 90 days of the previous year's net imports. As the IEA data shows, by the end of 2014 IEA members have significantly surpassed this obligation. The overall oil stocks levels for IEA member countries has exceeded 220 days of net imports, driven mainly by the enormous increase of oil stocks in the United States.

The Global Pension Index

Melbourne Mercer Global Pension Index has become an important reference point in the debate about the quality of retirement systems around the world. While some countries have well-established retirement systems that have stood the test of time, others are just developing, especially those within the Asian region. The main goal of the Index is to provide additional information for policy makers to struggle with the competing needs of an ageing population and achieving an appropriate fiscal balance.

The overall index value for each country represents the weighted average of the three sub-indices: adequacy, sustainability and the integrity.

The Global Entrepreneurship Monitor

The Global Entrepreneurship Monitor is the largest ongoing study of entrepreneurial dynamics in the world. Initiated in 1999 as a partnership between London Business School and Babson College, the first study covered 10 countries; since then over 100 ‘National Teams’ from every corner of the globe have participated in the project, which continues to grow annually.

GEM explores the role of entrepreneurship in national economic growth, unveiling detailed national features and characteristics associated with entrepreneurial activity. The data collected is ‘harmonized’ by a central team of experts, guaranteeing its quality and facilitating cross-national comparisons.

The Social Progress Index

The Social Progress Index is the result of a two-year process guided by a stellar team of experts which includes, among the others, renowned economists Hernando de Soto and Michael Porter and the president of The Rockefeller Foundation Dr. Judith Rodin. The Index synthesizes a huge body of research to identify the dimensions of performance of societies and measure the social progress comprehensively and rigorously.

The Index has been structured around 12 components and 54 distinct indicators consolidated into three dimensions of Social Progress: Basic Human Needs, Foundations of Wellbeing, and Opportunity. The first dimension, Basic Human Needs, assesses how well a country provides for its people’s essential needs by measuring whether people have enough food and are receiving basic medical care, if they have access to safe drinking water, if they have access to adequate housing with basic utilities, and if they are safe and secure.

Ebola Situation Report

In general, there are improvements in Ebola case finding, burial practices and community engagement. Nevertheless, the decline in case incidence has stopped. The increase in number of cases in Guinea and widespread transmission of Ebola in Sierra Leone highlight a significant problem, which should be solved in order to lower case incidence to zero.

The first week of February 2015 ended with 144 new cases. Guinea reported a sharp increase in case incidence: there were 65 new confirmed cases compared to 39 cases reported the week before. Sierra Leone continues suffering from widespread transmission of Ebola virus: they reported 76 new confirmed cases. Liberia, on the other hand, reported a lower number of new confirmed cases compared to other African countries.

Youth Wellbeing

The Global Youth Wellbeing Index collects youth-related data to estimate the state of young people’s wellbeing throughout the world. The Index is designed to elevate youth needs and opportunities along with young people’s participation on national and global issues. It also provides public and private sector decision-makers with a clear vision of today’s youth needs. The Index takes into account 30 countries with both high and low income from five regions, which represent nearly 70% of the world’s youth.
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