Eurasia Group anticipated yet another US financial crisis – Will recession make a comeback?

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As per what the US think-tank is about to say, 2018 could possibly be the ultimate year for the biggest ever geopolitical crisis which is going to be equal to the 2008 Great Recession that the Americans faced. The Eurasia Group, in its annual report warned America of the few biggest risks that the world will be facing and they also alerted that the any of these major risks would lead to the biggest issues in 2018. The President of Eurasia Group, Ian Bremmer said that there are many countries which feel that they don’t require repairing the present state of geopolitical recession. They don’t feel it’s a looming problem.

Even the US-Iran tensions, the corrosion of institutions regarding the developed world and the brand new wave of protectionism, there are definitely the biggest risks for 2018. Here are few to take into account.

China is the next global leader as US gives way

In spite of the Chinese domestic issues, their political model is touted to be the strongest than others, especially during a time when the political model of the US is considered weak. With respect to investment and trade, China is always leaning towards the urge to get economic control on the global network of nations. As per the think-tank, they are also leaning towards policy preferences of Beijing and this clearly implies that China is giving way to international standard which shows very less resistance.

Too many chances of accidents which could end up in a war

No, there are no chances of initiating a World War III but the Eurasia Group emphasises on the absence of global security in the US and also among its allies. Due to the boost in non-state and sub-national actors who are able to initiate destabilisation of a region, there are more chances of accidents. They can arise in the form of cyberattacks, the US-Iran-Russian presence in war of Syria, the North Korea tensions and terrorism. A small mistake in any of the aforementioned areas could lead to an impending war.

Global Tech cold war is on the rise

There is lot of competition between China and US regarding technology, particularly with regards to Artificial Intelligence and next-generation technologies. This unhealthy competition could lead to the ultimate winner becoming dominant both geopolitically and equally. Then, among the third-world countries like Brazil and India, there is market dominance where they will decide about the major power which will entrust their security and technology infrastructure. This could lead to strong ties between countries which are offered with the technology. Other tech-rich countries like China and Russia might go through fragmentation.

Iran and Donald Trump

Donald Trump doesn’t want Iran to own nuclear weapons which clearly implies the fact that he will support Saudi Arabia and keep sanctioning Iran missile tests. This way he will offer his support for terrorism and violation for human rights. As Iran will push back, this will create a danger of overreach. In case the nuclear deal falls off, Iran could ramp up the own programme and the Israeli strikes would boost prices of oil.

Hence, as we see that the preoccupied Western countries are cutting off their support and their funding for the military of their region to fight against militant groups and terrorists. An increase in attacks or conflicts will have an impact on overseas investment and the management of refugee flows.

The Blockchain developments which are very soon coming in the year 2018

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During the year 2017, the entire industry was a witness to few of the biggest technology players which made noteworthy moves in the blockchain technology. Besides IBM and Microsoft, Oracle also announced in the month of October a brand new blockchain service offering which is based on cloud technology while SAP opened its easy access to its own version of the May offering. With such updates down the lane, it is rather safe to claim that Fortune 500 companies are gradually pairing with other providers to explore the uses of blockchain in the businesses.

There are several government bodies which are collaborating on the different possible benefits of the blockchain technology and there are few smart entrepreneurs who are thinking about how technology can be utilized as the base of new apps and smartphones. As we follow the journey of Bitcoin, here is what we can see unfolding in 2018.

  • The Middle East and Asia will push blockchain aggressively

The interest of people towards blockchain will keep remaining pretty high both in the Middle East and in Asia and there are few of the biggest banking institutions which will move ahead with different Blockchain projects, especially in payments. For instance, the banks in South Korea and Japan will just begin testing the blockchain technology which could accomplish international transfers on the same day and cut down costs by at least 30%.

  • Cybersecurity will magnify the adoption of blockchain technology

As there is a sudden rise of ransomware attacks which demand cryptocurrencies, IoT and blockchain cybersecurity with defenses that are based on the technologies of cryptocurrency. This might sound futuristic and fantastic but the welcoming of blockchain security tools will definitely be the biggest thing ever in blockchain. There have been few major breaches in Equifax which proved that companies are not able to protect their present identity data system and hence there is a need for a more secure identity approach based on blockchain.

  • A seismic jump in ICOs

As per recent reports, there is going to be a seismic jump in ICOs in 2017 since the cryptocurrency ecosystem will expand in a big way. In the coming year, the pace of growth of ICOs will grow sooner and this will overtake the venture of capital funding even in a better way.

  • Insurance and finance will go in

The finance and the insurance sectors are 2 of the most famous ones to experience a threatening disruption due to the blockchain technology. Insurance will very soon become one of the hottest areas as processing claims and complicated multi-party processes will show the business value of blockchain automation. JP Morgan will open cryptocurrency trading desk in spite of the viral comments of Jamie Dimon.

  • Privatization and automation are yet to come in

Blockchain will bring about digital transformation of the enterprise specifically with digitization, automation of the processes, tokenization of different physical activities and assets and codification of different complicated contracts. Besides this, the governance issues will keep plaguing bitcoin, ethereum and as the new challenges emerged. The enterprises will be driven to private blockchains this won’t slow down the growth of cryptocurrencies.

Therefore, when the blockchain technology is yet to create a staggering impact, you should take into account the above mentioned developments in the technology industry.

Finding Ways To Make Your Digital Dollars

Over the last decade or so, there have been some big changes coming about in the ways that people do their jobs. Nowadays, instead of your employer having the final say in all matters, you’re given the chance to speak out for yourself, and most people are much more interested in their own ambitions. Of course, though, this doesn’t just impact people in normal jobs. It’s never been easier to start making money on the web, and this post is going to be going through some of the best options to help you to do it.

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Sell Your Skills

When first starting out, it makes sense for a new business to avoid spending as much as possible. There are loads of companies out there which can be started for nothing at all, and you only need a skill to start making money. Being a graphic designer, for example, could make you a small fortune with the right adverts online. Not a lot of people think about this option when they’re looking to make some money on the web. But, with websites like Freelancer, you should have no trouble finding some work.
Use Someone Else’s
Of course, just because you’re selling a skill doesn’t mean you have to have it. Instead, in a lot of cases, taking on a project and outsourcing it to someone else can be a great way to make some easy money. Effectively working as an agent, you’d be taking money for almost nothing while working like this. This sort of option works best if you have the skills to sell yourself and the companies beneath you, as this is what will enable you to make money.

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Provide Information

Not all online money making schemes have to involve selling something. In fact, some of the biggest companies out there, like Google and Facebook, rely almost entirely on adverts to make sure that their companies stay afloat. To be successful in this market, it’s usually best to aim to provide information which people will struggle to find elsewhere. Content surrounding your field of expertise will be best, as this will make it very easy for you to write, along with putting you in control of an online business which you really like.

Make A Product

A lot of people look at the idea of selling a product to be very commercial and consumerism driven. In reality, though, there are loads of ways to sell products you’ve made yourself, regardless of the materials and tools you’ve used. From accounting services to arts and crafts, there will always be someone out there with a need for your goods, and websites like Etsy can help you to find them. Having a platform like this when you’re first starting out will be a great way to save some money.

Sell A Product

Making money from selling products can come in loads of different forms, whether you use sites like eBay or a platform of your own, and this can make it hard to assess the best route to take. Having your own website will often be cheaper than relying on someone else’s to help you. With ecommerce business solutions being fairly priced and easy to find, most companies have everything they need to get started. Of course, though, you can’t forget about the product, as you’re going to need plenty of stock to meet your new demand.

Keeping It Legal

Though you have more freedom than running a brick and mortar, the way that you sell online is heavily restricted and you have to follow the rules. For example, a lot of products can’t be sold to people under the age of eighteen. This is for safety, while also ensuring that your business looks good, and getting it right will be a matter of law. To get some help with this, it could be worth looking for a corporate lawyer with the skills to manage a small business. Along with this, a tax expert could also go a very long way.

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Hopefully, this post will inspire you to start working harder on the money you make over the internet. A lot of people try to break into markets like this, only to find that the work they have to do when they get there is much larger than expected. Only those with the right level of drive and determination will be able to succeed in this field. Of course, though, this doesn’t mean you shouldn’t try, as you may already have the spark required to go far.


Metallurgy: Making Money Out Of Metal

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For thousands of years, metal has been one of the key components of human society and is responsible for millions of jobs around the world. Without this resource, wars would have remained extremely primitive, electronics wouldn’t exist, and almost all mechanical engineering would be pointless. Of course, though, how does this tie into your money? While metal is extremely useful, it is also very valuable, and this means that it could be an excellent investment option for you. To help you in deciding this, this post will be exploring some of the different kinds of metal investments available today.

The Staples: Some metals have been fundamental to the way humans live for centuries. Copper, for example, is used in almost every modern home, and is responsible for carrying electricity around the world. Along with this, options like iron, aluminium, and other popular metals can also be great places to look when you’re first getting started. Of course, though, while these metals are popular, their prices could change very often.

The Useful: Next, it’s time to think about the metals which may not be so ubiquitous, but still hold a strong place on the market. Though not a full-metal, silicon is a great option for those starting out, as it is being used around the world to make millions of different devices. Like silicon, other metals, like tungsten, mercury, and magnesium, are also very widely used in modern electronics and other technology. Investing in something which is being used everywhere is a great way to ensure that you’ll be able to sell at some point.

The Precious: Finally, as the last area to consider, precious metals are some of the most expensive in the world. Silver, gold, and platinum are all very nice to look at, but don’t hold qualities which are useful for other jobs. This makes them great for jewelry, along with other crafts which are designed to look nice. These are often the biggest-ticket metals you’ll find on the market, sometimes selling for vast amounts, and this can make them great for those looking for some fast cash.

Getting Involved: Choosing the metal you’d like to invest in is only the very start of a mission like this. Websites like can teach you how to find, buy, and sell the metals you’re interested in, while also giving you loads of tips along the way. Using resources like this will make your life a lot easier, and you won’t have to pay for an advisor, saving some money, too. Your phone can also be really good at this stage, as it will give you the chance to get your hands on some investment apps.

Hopefully, this post will inspire you to start looking into the ways money can be made from metal. A lot of people like to think big when they’re first starting in the world of investment, opting for complicated choices over the ones they understand. In reality, though, you could be much better off going for a tried and tested resource.

2017 is going to be remembered as the year of Bitcoin – What’s in store?

It was in 2016’s January that a user posted whether or not it made sense to still purchase Bitcoin in Quora. Then, the price of Bitcoin was as low as $400 or somewhere below that. The probable answer to this query, then, was ‘Yes’ as Bitcoin is always seen as a promising investment especially for the startups at their early stage. All investors knew that the big multiples are where the early stage is and they thought that Bitcoin would disappear or lose value with time. Nevertheless, investors thought that it would make a fantastic investment and it could even reach the fiscal mainstream.

2017 marks the year of Bitcoin

As we move into 2017, Bitcoin has surged in value and it has outshone all other asset classes, witnessing a high of around 400% since January. There were several Bitcoin millionaires who initiated a wave of ICOs or Initial Coin Offerings and contributed more than $2 billion in the form of funding to several new crypto currency projects. Bitcoin accounts for more than half of the value of all ‘crypto assets’ and this market presently sees around $5 billion in the form of trading volume per day across tokens and currencies.

Bitcoin is not any longer a startup

Those who follow only the price movements of Bitcoin scene may have missed the biggest development seen in 2017, that Bitcoin is not any longer a startup. Rather it is high time that Bitcoin declares its IPO moment. The change in perception is the first-ever mark of the IPO moment. During 2017, Bitcoin is being considered more seriously by regulations, by the media, by the public and also by the main financial system. In spite of facing challenges in different fronts, there is still a strong sense of belief that cryptocurrencies are here for a long time and Bitcoin is the king of the entire scenery.

Bitcoin is a real asset

At the international level, the Bitcoin community basked in the glory of a huge boost in confidence. With more wealth and brainpower to re-invest, it keep innovating and thriving as never before. Bitcoin has aged in a graceful manner and they have even brought together communities and motivated so many breakthroughs in various directions. If you’re someone who is close enough to crypto community and to the world of finance, you must be aware that a huge shower of institutional money will enter the class of asset now. Here’s a long list of initiatives which meet institutional demand:

  • Institutional offerings from cryptocurrency exchanges
  • More than dozen of hedge funds
  • Public funds
  • Private index funds
  • Derivative exchanges
  • Proposals for ETFs

As the hungry institutions gradually get easier access to Bitcoin, the benefits will become more prominent. In the form of an asset, Bitcoin performs like noone else. Just as the other start-ups which became public in 2016, this too is a rather new invention. Despite being a relative novice, all statistics point to the fact that we’re entering the era of Bitcoin and this is going to create history.

Why Your Ecommerce Site is Underperforming

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So, you’ve set up your own ecommerce store, and so far it hasn’t met your expectations. You’ve made a few sales, but really, your shop hasn’t had anywhere never the kind of impact you would have liked or expected it to have by now. What do you do? You check out this great list of reasons why your ecommerce operation is underperforming, that’s what!

No One Can Find You

Perhaps the most common reason why an ecommerce operation is likely to underperform or fail is simply that no one can find them. It doesn’t matter how good your website looks, how great your products are or how competitive your prices are, if no one knows you exist, you aren’t going to make much of an impact in the market.

Luckily, reversing your fortunes, if this is your problem, can be as simple as hiring a good SEO company, like the one at, and implementing practices that will boost traffic. This might take some time, but if you stick with it, you will eventually see more traffic coming your way, and your sales should skyrocket as a result.

You Don’t Have Many Payment Options

If you only offer one or two payment options, then you are naturally going to see far fewer sales than a company that allows more. Customers pay in many different ways now; some prefer Paypal; others like to pay with their credit cards; some love Bitcoin, and if you can’t accommodate them all, you’re likely to see a lot of people abandoning their shopping carts before completing their purchases.

Your Site is Soo Slow

Site is Soo Slow

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If your site is just soooo slow that it takes twice, even three times as long to buy something from you as it does a competitor, then obviously, few people are going to stick around and complete their purchase with you. We all lead busy lives right now and waiting an age to make a simple online purchase isn’t something many people have the patience for.

Luckily, you can sort out most problems with slow loading by using a high-quality web host like, and by minimizing the number of non-essential plugins and scripts your site runs. Keep it clean and clear, and you won’t put potential customers off by running at a snail’s pace.

Your Site Doesn’t Look Legit

A lot of people are understandably wary about handing over their payment details to unknown entities online. They’d rather stick with the likes of Amazon and eBay who they know are legit rather than risk being scammed.

It’s not easy to fight back against this, but one thing that will really help is making your website look as professional as possible, not only in its design but more importantly by clearly showing your business details, purchase policy, contact details on there. This will give the average person more confidence to click and buy.

The bottom line: If your ecommerce site is clean, clear, quick and well optimized, any problems you are experiencing will start to fade away. Of course, it takes time for a new business to take off, so you will have to be patient too – spend your time now improving your site rather than worrying about your lack of sales unduly and things will pick up.


Indonesia, And All Its Fascinating Facts

Indonesia Cultures


If you’re planning on travelling to a new country for a new experience, Indonesia may not be your first choice, but it’s in fact a hidden gem that not many people realise until they see it for themselves. It’s an extremely big place, but this only makes it better because there are more areas to discover – a lot more.

You can expect to see a lot of English speaking people in Indonesia as it’s a very popular place for tourists to visit, even being nicknamed ‘Wonderful Indonesia’ because of this. It offers the biggest tropical forests, along with pristine beaches with stunning sites to dive, surf and snorkel in the vast ocean. As well as scenic hikes around active volcanoes. And that’s all without mentioning the amazing wildlife that surrounds you.

Because it is such a large size, there are many different cultures that exist in the area, as well as a vast amount of myths, including stories of the Balinese spiritual Komodo Dragon. One reason why Indonesia has so many myths that are still talked about in today’s society is because the country is very much off the radar. Other than Bali, maps don’t tend to give you much information on the area, so there aren’t many new developments in the geographical area, which means there are a lot of local tribes that are still able to exist today without being taken over and westernised. This also means that backpackers are able to enjoy the thrill of exploring the unbeaten tracks in true style.

Indonesia is an incredible place with so much history and beauty. Here are some interesting facts to enlighten you a little more.

  1. Indonesia comes from the Latin word ‘Indus’, which means Indian, and the word ‘Nesos’, which is Greek meaning Island.
  1. Indonesia is the largest country in the world that is solely made up of various islands. It has 17,508 of them, and only 6,000 of them are inhabited.
  1. Indonesia has 238 million residents, making it the fourth most populous nation in the world, so if you’re looking to meet people and have an interesting social life, that’s the place to be.
  1. Indonesia has over 400 active volcanoes that could erupt at any moment, and there are at least 3 earthquakes that happen every day. Here’s more information on about how volcanoes work.
  1. The local residents most commonly speak Bahasa, but believe it or not, the country recognizes over 700 different languages.
  1. Some people call coffee java, and this term comes from the fact that the coffee beans are grown on the island Java, which resides in Indonesia.
  1. The Japanese invaded and overtook the country during the World War II from 1942 to 1945.
  1. Indonesia has 3 out of the top 10 largest islands in the whole world. These are Sumatra, Borneo, and Papua/New Guinea.
  1. Nutmeg is native to the Banda Islands, and because of this, Indonesia is one of the world’s largest producers of the product.
  1. Houses are very cheap to buy in Indonesia, especially considering what they offer. You can see an array of properties on sites like and see what your money can buy you in cities like Bekasi.
  1. The local residents of Indonesia are very superstitious people, so much so that they believe that when women are startled by a loud noise, it’s actually Latah which makes you jump and then shout out bad language or even fall to the ground. It is supposed to be the soul that is escaping the body after a sudden fright.
  1. When we usually think of red sauce, we call it ketchup. This actually originates from the Indonesian word ‘kecap’ which is their own sweet soy sauce.
  1. Indonesians don’t speak openly about sex and intimacy as we might. In fact, male and female sexual organs are both called ‘kemaluan’, which is a Bahasa term that means shame and embarrassment.
  1. A place in Indonesia called Jakarta (find more info on, is the most popular centre in the world, but with no metro train station, it holds some of the worst traffic jams you could ever imagine.
  1. Indonesian men greater aspire to have success with women than anything else. They have a term ‘jago’ which translates to rooster, and they look up to men that have had reputations with women like Presidents Bill Clinton and John F. Kennedy.
  1. Indonesian society is very accepting of gender expression. It is very common to see men that dress up as women walk around in public, and no one will think twice. The term they use for this is ‘banci’.
  1. Indonesians don’t kiss the way we do. Instead, they call it ‘cium’ which means ‘to sniff’. Their way of greeting each other is by sniffing the other person’s cheeks. In other villages, they rub noses as a way of showing their affection with family and close friends, but it can also be used on a more intimate level too.
  1. On the Islands of Borneo and Sumatra, it is said that the adult male orangutans are eight times stronger than any human being. These monkeys are incredibly intelligent as explained on
  1. Pepper was found in around 600 BC. Black pepper is actually created by picking unripened fruit and sitting them out to dry in the sun. While white pepper is left on the vine until it is ready to fall off naturally.
  1. Komodo dragons are only able to be seen in the wild amongst their pure habitat in Indonesia. This is the only country that you’ll be able to see them like that, unless you visit a zoo or animal sanctuary.
  1. The Rafflesia arnoldii is the world’s largest flower, and it can only be found in Indonesia. It is known for its famous smell which isn’t a very pleasant one at all. While the Amorphophallus titanum is the world’s most tallest flower.
  1. Palm oil is made in Indonesia, and this is a very popular oil that is sold in most supermarkets and drugstores around the world. It’s an ingredient that resides in almost everything from soap, lotions, makeup and even peanut butter.
  1. There are only six religions that are accepted in Indonesia – Islam, Buddhism, Catholicism, Hinduism, Confucianism, and Protestantism. It is the law that every citizen must follow one of these, regardless of whether they are religious or not. And two people are not allowed to marry unless they both share the same religion.
  1. The world’s largest volcanic lake is situated on the Sumatra island in the same place the super volcano erupted around 69,000 to 77,000 years ago.
  1. A lot of people consider frogs legs to be a French delicacy, but Indonesia actually supplies France with their export, as well as a few other countries in Europe.
  1. Hinduism only really resides on the island of Bali as it is said that royalty began a fascination with it, and so many others followed too. One superstition from this religion is that a baby must not put their feet on the ground until the first six months of their life has passed. This is so the devil cannot enter the child.
  1. Most of the population in Bali have their teeth filed down because they believe that the top six teeth are where the six bad traits are held – jealousy, greed, anger, desire, drunkenness, and confusion. By filing them down, it is supposed to rid these things away.
  1. It is said that Indonesian girls aged from 12 to 16 are to be imprisoned and forbidden to leave the walls of the family house. This is because they are said to be at the hormonal stage of their lives where they are more likely to run into trouble.
  1. Feathers such as the stunning Bird of Paradise were often used in Papua to create traditional dresses that became very popular – so much so that the bird almost became extinct. Because of this, the trade of the bird’s feathers became illegal in Indonesia in the year 2000.
  1. Hobbits are said to have existed in Indonesia when archaeologists found a skeleton of what looked to be of a 3 year old boy, while the bone structure and the worn down teeth were that of an adult.
  1. When the Krakatoa volcano erupted in Indonesia, is was said that the sky was full of so much ash that it turned the sky dark for days, and the global temperatures went down by 12 degrees for a good few years.
  1. The orang pendek (also known as short man), is a myth in which a very small man exists and has feet that face backwards all so that it can’t be tracked when walking through the forests.

So now you have an idea of the kind of places, cultures, stories and images that you’re going to experience, all that’s left to do now is pack your bag and get the next flight there. Who knows, you may even end up staying.

The Impact of Global and Regional Crises on Financial Market Volatility

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“Fear tends to manifest itself much more quickly than greed, so volatile markets tend to be on the downside. In up markets, volatility tends to gradually decline.”- Philip Roth

Even though the global economy started turning around in the second half of 2016, there has been a sharp rise in the global geopolitical instability. There are signals that the world’s economy is continuing to gain positive momentum. Overall, the financial markets continue to show forward growth and energy.

However, the sharp rise in global geopolitical uncertainty is a cause for concern. Not only because of the innocent people who end up caught in the crossfire but it causes short-term financial market volatility and runs the risk of causing longer-term economic instability and uncertainty.

Additionally, these conditions have the potential to affect the global overall macroeconomic outlook negatively. These adverse conditions then spill over into the world’s financial markets as they take their direction from the world-wide economic situation.

The impact of geopolitical instability on the world’s financial markets

Because of the nature of globalization and the way the Internet is structured, the world’s financial markets, especially the foreign exchange markets, are linked to each other both directly and indirectly. Therefore, positive as well as negative geopolitical and socioeconomic events from all over the world can have an impact on all of the global financial markets.

There are essentially two types of geopolitical crises that impact the world’s financial markets:

Global crises
The rising tensions between North Korea and the USA is a typical example of what happens when there is tension between the world’s global players. When asked for his opinion on the impact of the tension between the two countries, Armstrong Harris of Weiss Finance noted that global investors had moved their investments into safe-haven stocks such as gold and the Swiss Franc. Which, in turn, resulted in the fall in the value of the global financial markets by about $1 trillion (US).

Why are global investors so worried about whether North Korea will succeed in destabilising the region as well as launching their nuclear weapons at South Korea?

One of the reasons is the impact of the loss of South Korean income from the global GDP. Jim Randle from VOA News reports that the “South Korean economy accounts for around 1.9% of world GDP, and a severe drop in South Korean GDP … would have negative effects on key trade partners.”

Even though the probability that North Korea will use nuclear weapons against South Korea is tiny, the worst-case result will be the catastrophic destruction of the Korean peninsula. Thus, leading to a massive flight out of riskier investments into safe-haven stocks. Furthermore, the resulting humanitarian crisis will need cooperation from the world’s major role players such as the USA and EU, as well as China.

Regional crises
There is another geopolitical crisis that only impacts the affected regional financial markets. However, the impact of regional crises on the area’s capital markets can spill over into the rest of the world’s markets. Thus, turning a regional crisis into a global crisis.

A good example of this is the current India and China standoff over the fact that the Chinese military is constructing a road through the Doklam Plateau in the Himalayan region of Bhutan. The reports that this dispute began two months ago. However, experts such as Professor Steve Tsang, Director of the SOAS China Institute, don’t believe that it will escalate into a full-blown regional battle as “neither side wants a conflict at this point.”

The fact of the matter is that, while both Indian and Chinese forces are expected to hold their positions without allowing the situation to spiral out of control, it is an emotionally-charged issue on both sides. Mistakes happen, and events can very easily get out of control, resulting in a war that neither country can afford.

Even though this conflict is localised, it has the potential to harm the local financial market as well as spilling over into reducing the global capital market trading volumes and prices. This is primarily because the markets take their direction from each other.

For example, of the major bourses, the Tokyo stock exchange opens first, and the New York exchange begins last during a 24-hour period. Therefore, if Tokyo opens lower on the back of the bad news, there is a good chance that all of the following markets will open and close lower unless the reports change from negative to positive during the stated 24-hour period.

Employability Boosts That Are Actually Worth it

Back in the days, it was as simple as having enough money for an education, and your dream job was suddenly within reach. It’s the reason we were ushered into University in the first place – until everyone else ended up there as well. Not only have they all completed a couple of years of higher education
, but they too are looking for ways to gain the upper hand in the competition; how is a regular drifter like us supposed to outsmart them all?

Luckily, there is a way through the jungle of employability options and add-on courses, so you don’t have to feel lost quite yet. Just follow this straightforward guide to the ones that are, in fact, worth your time and energy.

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Network within your company

When you attended university, everyone preached networking and how expanding your circle can land you a number of great offers. As we progress, however, people stop reminding us of this – and we tend to forget all about it. You can easily continue your networking journey and climb the career ladder by working it from within your company.

Most people with a lot of experience in a specific field would be happy to let someone shadow them for a while. Point out a few who have been working there for a while and spend some time observing different jobs and gaining a new set of skills – in addition to the new people you’re going to get in touch with.

It shows your employer that you’re eager to learn as well as adding some weight to your resume before you approach a potential new employer. It’s a win-win, in other words, and too good to miss out on when you’d like to progress.

Take a Master’s degree online

Modern technology has been great news for us who are looking to boost their employability but too busy in the daytime. While MBA graduates are known for being desirable in blue-collar jobs, you can gain some serious career weight with an online operations management course as well. The great thing about these is that they are accredited and, usually, possible to complete in as little as one year.

That’s the kind of stuff that an employer likes to see – and where you easily can gain the upper hand over the rest of the job seekers out there.

Offer to volunteer

The main thing that will make an experienced employer choose you over the ocean of other seekers is a genuine interest in the field. It’s not something that comes with a degree or even an add-on course; it shines through your hobbies and interest. When you’re genuinely interested in the job and have made an honest attempt at educating yourself sufficiently, the evidence of volunteering can weigh heavy in the eyes of employers.

You can make it an experience too by heading abroad to help others. That way, you’re gaining international experience at the same time and should be welcomed into the arms of the company you’ve been dreaming about, increasing your income at last and climbing up the ladder.

Job hunting and progressing with your career is a lifelong journey; by being smart about it and continuing to educate yourself, you can easily leave those other job-seekers far behind.

The Effect of GST on Freelancers

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On 1st July 2017, the entire Indirect Taxation system of India got overhauled and previously charged Indirect taxes ranging from VAT to Service Tax got abolished. Goods and Service Tax, popularly known as GST, was introduced with a view to increasing the tax payer base in the country. People working across sectors have their perception clear as to how this revolutionary change is going to affect them, but Freelancers is such an aspect that had always remained in doubt in terms of taxation norms. Previously there were no specific tax rules that were governing freelancers, which often led to confusion and many freelancers had to face cascading effect of taxation on their services. But GST has cleared its part and the impact that it will have on freelancers can be considered to be both positive and negative.

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Positive impact of GST on Freelancers

While many people are criticizing the implementation of GST due to the negative aspects it will be having in few sectors, freelancers need not worry much. GST has several positive effects on freelancers’ working areas.

Availability of Input Tax Credit: Previously if freelancers used to sell online or offline software services, then the cost incurred on VAT, CST or Excise had to be treated as an expense, as freelancers were not allowed to set off this amount with their output tax liability. After the advent of GST, it is no longer the case. Now freelancers can claim the amount they incurred on VAT, CST or Excise at the time of purchasing any product for their work purpose. This will considerably reduce their tax burden by a considerable amount.

No cascading effect of taxation: Previously freelancers working as service providers had to pay both VAT and Service tax, which automatically enhanced the cost of their services. VAT was charged on the product they provided and Service Tax was charged on their service part. But under GST, the liability of tax will be calculated only once and not twice. This will help freelancers save a lot of money that previously they had to shed in terms of tax liability.

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Negative impact of GST on Freelancers

Everything has both positive and negative sides. Unlike others, even GST has some negative impact on people working as Freelancers.

Increased tax rate: Previously freelancers had to pay service tax which was charged flat 15% on their revenue amount. This 15% was inclusive of both Krishi Kalyan Cess and Swach Bharat Cess. But now Freelancers are expected to fall under the tax bracket of 18%. The increased rate might cause problems for many freelancers.

Increased legal compliance: Previously freelancers need not file several returns for the work being done by them. Maximum 4 returns would suffice. But now freelancers will have to file around 4 returns in a month, which can be troublesome for many. Increased compliance will also be accompanied by increased cost of compliance. There are many freelancers who don’t have any idea about GST and how to file returns under this system. Hence they will have to appoint a professional who will look after this work. This will lead to extra expenditure on their part.

If we go by the provisions of GST, it is bearing good effects on some freelancers while it is bearing a negative impact for other freelancers. However, the best part is the threshold limit to get registered under GST for freelancers has been increased to Rs.20 lakhs, which was previously Rs.10 lakhs. Hence many small scale freelancers will benefit from GST at large.

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