Forget the BRICs it’s the CIVETS now – the new developing world

The past decade was all about the BRICs, the massive economies of Brazil, Russia, India and China, which kicked off at the beginning of the new century, boomed and are now slowing like the rest of the developed world. Taking their place is a new group of fast-rising economies promising businesses outsized returns. The next …

Where are you on global pay scale?

Do you earn more or less than the world’s average wage? World average monthly wage: $1,480 Luxembourg – $4,089 United States – $3,263 Canada – $2,724 Germany – $2,720 China – $656 The average wage, calculated by the International Labour Organization, is published here for the first time. It’s a rough figure based on data …