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 The first definition has been mostly outdated in the early 1990’s after the Cold War while the second definition which is the more used definition today is also referred to as ‘emerging markets.’
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SEC Form 8-B12B
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 12:00 | CBI retail sales volume balance | Apr | |
| 01:01 | BRC Shop Price Index | Apr | |
| 01:30 | Unemployment Rate | Mar | |
| 05:04 | BoJ MPC Interest Rate Announcement | Apr | |
| 05:04 | Monetary Policy Meeting Minutes | ||
| 05:04 | BOJ Outlook Report | ||
| 07:00 | BOJ Core CPI | Mar | |
| 08:30 | Bank of Japan Press Conference | ||
| 09:00 | Unemployment Rate | 1 quarter |
