World economy - THE RIDGEWOOD BLOG.

Which features help new online casinos compete with more established ones 1

The online casino market is growing each year. Now it is almost impossible to imagine a world where we wouldn’t see advertisements for online games https://trustedcasinos360.com/ involving betting or gambling. Look how the tables have turned. This industry gains billions of dollars and will likely grow even further, yet we will discuss this in later sections. What matters now is that online casinos play a crucial role in the world economy. Even those countries that used to share rather pessimistic views on gambling are now changing their laws to accommodate iGaming. We can hardly blame them as the industry can enrich the governmental budget. Besides, game development, in general, is a profitable business. When this game development meets real money endeavors, it becomes one of the most successful financial deals.

Continue reading The Role of Online Casinos in the World Economy

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Katy Barnato | @KatyBarnato

The global economy seems trapped in a “death spiral” that could lead to further weakness in oil prices, recession and a serious equity bear market, Citi strategists have warned.

Some analysts — including those at Citi — have turned bearish on the world economy this year, following an equity rout in January and weaker economic data out of China and the U.S.

“The world appears to be trapped in a circular reference death spiral,” Citi strategists led by Jonathan Stubbs said in a report on Thursday.

“Stronger U.S. dollar, weaker oil/commodity prices, weaker world trade/petrodollar liquidity, weaker EM (and global growth)… and repeat. Ad infinitum, this would lead to Oilmageddon, a ‘significant and synchronized’ global recession and a proper modern-day equity bear market.”

https://www.cnbc.com/2016/02/05/citi-world-economy-trapped-in-death-spiral.html