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The 30% rule holds that no more than 30% of one’s gross monthly income should go toward housing expenses, including rent or mortgage payments, utilities, taxes, and insurance.
In 2009, exports accounted for about 30% of Canada's GDP. The United States is by far its largest trading partner, accounting for about 73% of exports and 63% of imports as of 2009. [ 77 ] Canada's combined exports and imports ranked 8th among all nations in 2006.
Before the outbreak of the war with Iran in September 1980, the economic outlook was positive. In 1979, oil production reached a level of 560,000 m³ (3.5 million barrels) per day, and oil revenues were 21 billion dollars in 1979 and $27 billion in 1980 due to record oil prices.
The market meltdown set off a global rout in early 2016. [9] [10] [11] According to 19 January 2016 articles in the Xinhua News Agency, the official press agency of the People's Republic of China, China reported a 6.9 percent GDP growth rate for 2015 and an "economic volume of over ten trillion U.S. dollars". [12]
Starting in the mid-1970s and 1980s (and appearing to diminish after 2017), [1] Salafism and Wahhabism [2] — along with other Sunni interpretations of Islam favored by the Kingdom of Saudi Arabia [3] [4] [5] and other Gulf monarchies — achieved [a] a "preeminent position of strength in the global expression of Islam."
Overall, just 12 percent of the list lost wealth since 2009, and 30 people fell off the list. 13 others died. [40] Of the 89 women, 12 were newcomers in 2010. Steve Forbes said the growing number of billionaires was a clear sign that the world's economy was recovering from the Great Recession .
The 2019 Outlook mainly covers the 30-year period through 2049. The CBO reported: Large budget deficits over the next 30 years are projected to drive federal debt held by the public to unprecedented levels—from 78 percent of gross domestic product (GDP) in 2019 to 144 percent by 2049.
This is a list of countries by research and development (R&D) spending in real terms, based on data published by World Bank, United Nations Economic Commission for Europe and the Organisation for Economic Co-operation and Development.