Why Australia is least affected by recession!!!

America’s economy is approaching a big milestone. If it keeps humming until July 2019, it’ll be the longest expansion in U.S. history. It would be exactly one decade and one month old by then. But there’s another country with an even more impressive run It’s even called the ‘lucky country’ Three big lessons from Australia.

  1. Be smart.
  2. Be organized.
  3. Be lucky.

So, if I’ve got any advice for other countries, it’s try and be as lucky as Australia That luck has to do with Australia’s treasure trove of natural resources. You know Australia is on the other side of the world and sitting on tremendously valuable minerals right at the point where the Chinese economy is just around the corner and exploding. Australia and every one its natural resources were within the right geographic neighborhood even as the Chinese economy began to begin . And it just so happens that China did a big fiscal stimulus in 2008 and spent a great deal of money building new cities. So all of these resources were drawn from places like Australia. So that also served as a huge tailwind at a time when developed markets were in a whole lot of trouble.

What Currency Is Used In Australia | Australian Dollar : Compare ...

The year 2008 was a time of economic turmoil The Global Financial Crisis hit and markets crumbled around the world. But as it turns out this was also a year for Australia’s economic management to really show off At the time the government had a very helpful and very low level of debt. One reason? Pension reform in the 1990s. Australia set up a compulsory retirement system called the superannuation system. It requires employers put money into its employees’ retirement savings.

Since companies and citizens have to build up retirement savings, some of the financial burden to pay off pensions was taken off of Australia’s government As other economies reeled in the wake of the 2008 crisis, the Australian Government was then able to put money directly into people’s bank accounts This boosted consumer spending in order to stimulate growth In 2008, the Australian Government unlike some other developed market governments actually jumped in very quickly with fiscal stimulus, so that helped to kind of minimize the effect of the crisis The country’s numbers continued to look sluggish after the financial crisis. But they never quite dipped low enough or for long enough to satisfy the definition of a recession. It takes two quarters of negative growth to fall into a recession. Australia’s economy did post a couple of negative quarters since 2008, but no country’s perfect. Overall Australia’s economy has been managed pretty much in recent years partly due to a robust and stable financial institution.

Reserve Bank of Australia – Australia's LGBTQ Inclusive Employers

Australia has an independent financial institution and it is a very well-run financial institution . It also has a floating exchange rate and the exchange rate helped it adjust to international shocks. Australia’s economic reforms gave it flexibility in times of hardship. For example, floating the Australian dollar In 1983, Australia’s government moved the dollar onto a floating exchange rate This meant that the dollar would be valued by supply and demand instead of being subject to influence from its government or its central bank It allows the economy to react to shocks as well Typically when an economy is hit by some sort of negative shock. The currency will adjust. It will depreciate and that helps promote exports. Another reason behind Australia’s economic diary lies in its immigration policy. Since the late 1990s, Australia has seen growth in temporary migration, many arriving to the country on student or temporary work visas. The number of temporary migrants peaked in the year 2000. However a recent change to immigration law in 2018 gave visa applicants more hurdles to get through if they wanted to come to the country Even when our GDP per capital average incomes aren’t rising by much because the number of people continues to rise that means the total GDP continues to rise at even more rapid pace Part of that’s underpinned by much faster population growth Most experts think Australia’s economy remains strong in 2019, but it’s not without risks.

Australia’s suffering at the instant from pretty weak wage growth. That’s worrying a lot of people. There’s a lot of fear right now that China is hitting a wall. That will hit demand for Australian products. The good news is to the extent that the Chinese are buying commodities hopefully will find buyers from overseas for many of those commodities if the Chinese are not there The bad news is the rest of the world economy is not doing that well.

Australian economic growth slows, enters per capita recession ...

PHYSICAL EDUCATION- A CHANGE IN FITNESS EDUCATION.

Enhancing your physical proficiency, activities that help you increase stamina, posture, endurance, and overall personality development. Physical Education, in fact, is also known as the course of developing physical fitness and due to this education in school, students are motivated to take part in sports and physical events. Apart from this physical education also builds confidence, which every recruiter digs inside a personality. In this rushing lifestyle, it is very necessary to make healthy choices, from food to being fit.

Teamwork is an increasing asset in the corporate world, which means it is highly necessary to build social skills and be efficient as in the end the only thing that matters is your contribution and output. Enjoyment is something that an individual will always search while working his 9-5 job. Being physically educated one can easily balance the desk work as well as the corporate work too without being tired.From waking up to going to bed, with proper physical education one can take active participation in his entire day along with enjoyment. 

Fitness education is basically a subcomponent of the total physical education directing on helping students progressing information and staying away from childhood obesity and many other such threats.

Need for Physical Education.

This is the finest kind of education, not only for fitness freaks but also for every individual.

Improved physical fitness- Obviously physical education aims to enhance physical fitness by improving the way to do exercises and fair gameplay.

Skill development- Skills like teamwork, coordination, agility, and many more are developed for safe and satisfying participation in sports.

Healthful physical activity- Children of every age group can develop physical activities provided by this education.

Supports other subject areas- Subjects like social studies, science as well as maths are also indulged in physical education. For example, while running on a track at what angle you should turn. Home many sit-ups or pushups to be done in the starting.

Self-discipline- To maintain discipline in life it is necessary to opt for physical education as this discipline can later help in a corporate or business life.

Improves self-confidence and self-esteem- At a certain point in life people usually feel low confidence. There is no doubt about this but to improve this situation it is necessary to practice physical fitness along with proper physical education. It also spreads positivity and enhances mood and zest to work.

Career in Physical Education.

The scope and career for PE is much wider than it appears as it’s a whole-body subject and is not limited to fitness. Apart from being a sportsperson, one can opt for a sports coach and consultant, physiotherapist, trainer, diet, and fitness educator, one can also go for a government professor in physical education. 

Courses

Certificate Course on Physical Education (C.P.Ed)

Diploma in Physical Education (D.P.Ed)

Bachelor of Physical Education (B.P.Ed)

Master of Physical Education (M.P.Ed)

When a student grows, it’s highly necessary for him/her to be active and athletic and not being lethargic. Obviously, school life plays a vital role and if one enjoys the fitness phase of schooling, it becomes unforgettable.

Inspiring story of Google’s CEO: Sundar Pichai – Must read!!!

Growing up in India, like many of you, Sundar Pichai got my first telephone when he was 12. In case it turned out be a rotary phone, so it wasn’t that great for selfies. But he still loved to call my friends, play with it and sometimes take it apart. That telephone cemented my fascination with technology. Sundar Pichai remember in his parents’ house in Chennai, reading about the invention of the transistor at Bell labs. Of course, that initial invention helped found what became referred to as Silicon Valley and out of that came companies like fairchild semiconductor and Intel and every one the computers and software, that we all use today. You can draw an immediate line from that invention to the technology, that powers your Twitter feed or your WeChat messages today.

Google's Sundar Pichai travelled in buses, had no television while ...

Image source : GadegtsNow

When he was younger, people would say, this person didn’t get into this college or something and that is the end of the road. Sundar Pichai thought life is so different from that, and so he think it is important to you know, keep your hopes, keep your dreams and try to follow them and you recognize he think, most of how life plays out is up to you, not up to what happens outside of you. It’s important to keep that in mind and take the long-term view. As a teenager, jumping on to a crowded train. At Chennai and traveling for 24 hours, to attend my school at IIT Kharagpur and that opportunity changed the course of my life. You want to aim high enough that you fail, you know few times thought it is the natural part of the process. In fact, Larry accustomed say if you’re employed on really difficult things, you’re more happy because you’ve got no competition, others aren’t performing on that difficult a drag . And although you fail, you finish up doing something great within the process.

Sundar Pichai Biography - Childhood, Life Achievements & Timeline

Image source: Thefamousperson

You know, working the real world, it is important to be well rounded, it is important to try different things, or you know take some risks, he would encourage people to follow their passions a little bit more. To follow set lanes throughout your career. Getting into an elite institution doesn’t guarantee success, it matters plenty but it doesn’t guarantee success. It is important to stay that perspective in life and life may be a long road, and you know, you would like to require it at the proper pace and luxuriate in what you are doing. Sundar Pichai knew how much hard work it takes to pursue your dream of building a business. The long hours, time faraway from family, the ideas you recognize are brilliant, that just don’t seem to catch on. Reading that and thinking, it is the concept matters. It didn’t matter where you come from or what your background is.
One revolutionary idea, one brilliant invention can unleash other entrepreneurs to revolutionize, industries and ways you could never predict.

black samsung tablet display google browser on screen
Photo by PhotoMIX Company on Pexels.com

World’s expansive sports…

We know that trends are currently much changed in the world and people are more engaged in sports. Games are an ideal approach to unwind from the regular schedules and accomplish something else. For the most part, pros say that games keep the general people healthy and useful for the psyche too. There are numerous sorts of games, in which some of them can be effortlessly played at home with everything utilized as a part of them yet a few sports are expensive and hard to play at home. These sports are led through some amazing competitions and shows to show them everywhere throughout the world. Anybody can partake in these sorts of games if he or she is equipped for playing them.

All another typical type of sports can be played whenever however these can’t be played or can’t be taken as a profession. Everybody has no entrance in these sports because of their uniqueness. The most critical thing in every one of these sports is cash without which these sports are unrealistic. Every one of these sports is continuously connected with the exclusive class as they can manage the cost of them.

Here some sports, which are expansive

1.The Whitianga Festival of Sports:

undefined

It is very famous sport that is conducted in New Zealand in every year. It has helicopter used in it, boat, ski racing and helicopter racing as well. In this sport there is basically a competition between one another. Owning and keeping the equipment for this game are very expensive and requires about millions of dollars. It is the most expensive sports teams in the world as well. the boat used in this game cost around $20,000 to $2 million.

2.Ski Jumping:

undefined

Ski jumping is a very famous and interesting sport in the world. The equipment used in this sport can cost about $2,500. The recreational ski jumping is very expensive and can only be affordable by the rich people. A jumper has to spend almost $100,000 to go for this ride. It is also ensured because of the high risk in this game.

3.Formula 1:

undefined

Yes, cars can be cheap if you search patiently and diligently for the right deal. That rule doesn’t apply to Formula 1 cars. Each Formula 1 car may cost over $1 million. Even if you want to drive someone else’s car, you will still need to bring your own sponsors with deep pockets. Sometimes, the minimum sponsorship requirement can be as high as $190,000. Oh, and these Formula 1 car are extremely fragile as well. So the insurance premiums on the cars are going to be astronomical. There’s no wonder that this sport zooms right up to the top of the most expensive sports in the world list.

4.Hot Air Balloon Racing:

undefined

Most people did not know about the hot air balloon races in the world or it is basically a sport. An individual has to pay $300 for one hour ride on the balloon. Most people participating in them own their own balloons which are very expensive. A hot air balloon cost about $20,000 if purchased. Some measures must be adopted to participate in this sport like safety measures. The cost of training a pilot on these balloons cost about $3000 to go on these balloons.

5.Polo:

undefined

Polo is a very famous sport also in countries like the UK. This sport is always associated with the upper class and rich people due to its high cost. Its cost is high as expenses on a horse their maintenance and all others are very high. Mostly polo players have to keep 4 horses in order to keep some as a backup plan. The matches conducted for polo can cost almost $150,000. Mostly polo matches are sponsored by famous companies that cost up to $1,000,000 which is very expensive and high charges. The one problem in this sport it causes many serious injuries to the polo players.

6.Sailing:

undefined

There was a time when humans just tied bamboo stems with ropes and sailed all over the seas. However, that time is long gone and modern-day sailing is one of the most expensive sports in the world. To sail, you will need a sailboat, and most of them cost more than the most expensive super cars. Maintaining the sailboats is also very expensive, so it is paying the crew to run it. Oh and in case you forgot, the sailboat needs to be stored on dry land when competition season is off. Good luck building a hangar for it.

7.Equestrian:

undefined

It is a very famous sport which involves driving, riding, and chasing horses. We all know that riding a horse is the most favorite sport of many people. It is basically very rare for sport played with only a limited number of people due to its high cost. As the cost of training and keeping a horse for all these kinds of sports are very expensive and their traveling expenses are also very high. The cost of taking a horse to some this kind of event can cost almost $200,000 each year. In this amount, the cost of a horse is not included which is very expensive as well.

8.Bobsledding:

undefined

This interesting game was introduced in the Winter Olympics. This was first performed by the American star Lolo Jones as she got training after 2012. It is similar to F1 racing and requires a lot of sponsorship due to very high expenses. It can cost about $25,000 for bobsleds while training expenses are separate. People will not believe that the construction of bobsled can cost about millions of dollars. It is basically a team sport in which there are four members which shows cost will also four times greater.

Top Athletes Who Tested Positive For Covid-19.

The global pandemic has changed the living aspects of everyone across the globe. The sporting world has unfortunately come on hold due to the covid-19 outbreak except some of the football leagues which have been given the green light to play behind closed doors and many other restrictions. The pandemic has had major impact not only on the sporting world but on all types of channels such as food, industries, education etc. The virus outbreak had spread so fast across the globe and had contained different athletes from all over the globe. Some of the famous athletes are mentioned below.

1- Paulo Dybala

Paulo Dybala is a famous football player from Argentina playing professional football in the Italian league for Juventus football club. Paulo Dybala and his girlfriend were diagnosed with the covid-19 in the month of march. The football star informed the news of them being contained with the virus on twitter in the early march. However later on Dybala had tested negative for the covid-19 twice. The player had successfully recovered from the virus and was free to play and leave isolation. After the results Dybala tweeted “Many people talked in the past weeks… but i can finally confirm that i am healed.Thank you once again for your support and my thoughts on who are still suffering from it. Take care! He tweeted.

2- Shahid Afridi

The former Pakistan cricket team captain Shahid Afridi had tested positive for covid-19 as star himself revealed about it on twitter the last week. The player had addressed that the first few days were really tough but now he is improving and there is no need to worry and panic. The former Pakistan all rounder added that he was not able to spend time with his children as he had contained the virus and misses them but it is important to take precautionary measure until the start is fit and fine he added. Afridi also addressed the nation that he knew he would be at a higher risk of catching the virus as he was traveling a lot for charity work. On the contrary it is reported that 7 more Pakistani cricket players had tested positive for covid-19.

3- Novak Djokovic


Novak Djokovic is world’s number 1 tennis player who was supposed to play in a final on sunday had reported that he and his wife had tested positive for the virus while the children had tested negative. This all took place during an exhibition event which took place in Croatia. The Adria tour had taken place in Zadar last weekend and created a lot of controversy regarding the social distancing and certain other precautionary protocols. The tennis star apologized about the tournament and said that it was too soon and also added that the organizers world share health resources among the people who have attended the event. The star added that he and his wife would stay in complete 14 days isolation and also perform the test again in a span of 5 days.

4- Paolo Maldini

The Italian football legend Maldini and his son Daniel had tested positive for covid-19 in the month of march. During the time Italy was under severe lock down and the death tally was at its peak. But soon enough it was reported that both the father and son had recovered successfully by isolating themselves at home for 2 weeks and not being in contact with anyone.

5- Kevin Durant

The Brooklyn nets star Kevin Durant had tested positive for the covid-19 late in may and wasn’t really overthinking about it as he said “I’m alive and that’s it and that’s all i can tell you that i’m good and he also added that he had a lot of support if he wanted to talk to someone. The star was not much concerned about the virus but the Achilles Tear that kept him out for a long time.

23 June – World Olympics Day – History…

On the 23rd of June 1894 the International Olympic Committee was founded at the Sorbonne in Paris. Prior to the IOC establishment by Pierre de Coubertin the British physician Dr. William penny Brookes had set up the Wenlock Olympian games in the English market town of Much Wenlock although he always maintained that he had the idea of reviving the ancient Olympic Games for amateur athletes himself, Coubertin entered correspondence with Brooks and benefited from his connections with the Greek government Coubertin was the Secretary General of the Union of French sports associations.

A Brief Look At The Olympics History

Image source: Confidential man.com

Coubertin first proposed establishing a modern Olympic Games at his meeting on the 25th of November 1892 although his enthusiasm was met with little more than general polite applause Coubertin wasn’t deterred and commenced to get the groundwork for what was to become the primary Olympic Congress at the Sorbonne in Paris in 1894. Initially invited participants to a gathering entitled reflections on and propagation of the principles of amateurism Coubertin later changed the name to a congress on the revival of the Olympic Games seventy-nine delegates from nine countries subsequently met at the Sorbonne though Coubertin himself recognized that there was still little enthusiasm for reviving the games. Despite this a vote was held at the last word meeting of the Congress on the 23rd of June that established the International Olympic Committee Coubertin was elected to the role of general secretary with the Greek businessman and writer Demetrius Vikelas because the first president it had been further agreed that the primary modern Olympic Games would happen in Athens in 1896. The second in Paris four years later the IOC has remained liable for the Olympic Games ever since.

All About the Olympics for Kids - The History and Symbols of The ...

There are two main events there are the Winter Olympics and the Summer Olympics if you’re wondering when the winter and summer olympics take place they take place every four years when you see the Olympic logo there are five rings the reason for that is in history it has been told that a man named Baron de Coubertin saw the five rings on an ancient Greek artifact the reason we see five colors on each ring is to represent the five continents Europe, Asia, Africa, Oceania and the Americas finally with sports like track gymnastics figure skating and more each category is awarded a gold silver and bronze medal for the first second and third place winners. Hope you enjoy the Olympics.

The History of the Olympic Pictograms: How Designers Hurdled the ...

Image source: Smithsonian magazine

The cover drive masters…

The cover drive is a special type of shot which requires fine wrist work and well-timed striking of ball to hit the ball into the cover-side area which is towards off side of batsmen. This shot is historically a famed one and the players who have mastered it are considered to be finest players of the game.

The stroke became historically famous during the golden era of cricket in nineteenth and early-twentieth century when cricket England started classifying players as Amateurs and Professionals. The amateurs mastered the off side shots while professionals practiced the leg side shots like flicks around the wicket.

When it comes to cricket, many interesting stats arise, one such is of playing cover drive in tests which has derived almost 40909 runs. Over the years the legacy of playing this shot has been passed on from legends like Mark Waugh, Micheal Vaughan, Sourav Ganguly to current stars like Virat Kohli, Rohit Sharma, Steve Smith, Kane Williamson and many more. 

The Leaders by Average:

While playing cover drive though Virat has scored 1038 runs off this shot and is the only player to do so ,he has been dismissed 14 times while trying to play it taking the average to 74.1 runs per dismissal. This is quite healthy average but interestingly he ranks 25th among top 45 batsmen who have scored 300-plus runs off this shot. 

The leading are South Africa’s Aiden Markram ,Faf du Plessis and pakistan’s Asad shafiq. Markram has scored 338 runs off cover drive without a single dismissal and Faf du Plessis has scored 542 runs of 2 dismissals giving him fantastic average of 270. 

Right vs Left- who plays it best:

The stats are revealing that left-handers are better players of the shot than right handers. It is clear that left handed players are edging the righty players for playing the shot. In fact the stats reveal that from over last 40-60 years left handers have edged right handers over the average runs per dismissals while playing the shot.
PERIODRIGHT-HANDERS’ AVERAGELEFT-HANDERS’ AVERAGE
1965-7435.9339.54
1975-8435.0937.06
1985-9435.6938.87
1995-28.7434.86

It is not wrong to say that left are right in this case.

Conclusion:

It is very interesting that cricket analytics have each and every information right from dot balls played by a player to the sixes he has bet.The cover drive has been always difficult as well as favourite shot of many legends.