SECOND WORLD
The term Second World is typically associated with countries in the financial world. Second World could either mean that the country was (1) once under the influence of the Soviet Union which means that they were centrally planned economies and at the same time a one-party state or (2) is more stabilized and more developed compared to a third-world country but less stabilized and less developed than a first-world country which include most of Latin America, South Africa, and some countries in Asia. The first definition has been mostly outdated in the early 1990’s after the Cold War while the second definition which is the more used definition today is also referred to as ‘emerging markets.’
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Thierry Desmarest
Chairman, and former Chief Executive Officer and President of Total, one of the biggest oil and gas firms worldwide. During his tenure, the company ...
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Method of breaking down a larger product into smaller by-products. Used in the oil and gas industry, this can be accomplished by employing various ...
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ECONOMIC CALENDAR
Time | Country | Indices | Period |
---|---|---|---|
08:30 | Producer & Import Prices | Mar | |
11:00 | Industrial Production | Feb | |
14:30 | Manufacturing Shipments | Feb | |
14:30 | Wholesale Sales | Feb | |
14:30 | Retail Sales | Mar | |
14:30 | NY Fed Empire State manufacturing index | Apr | |
16:00 | Business Inventories | Feb | |
16:00 | NAHB Housing Market Index | Apr | |
04:00 | Real GDP | 1 quarter |