Financial Services - Bonuses Key for Senior Employees

COVID-19 vs global poverty, salaries in the financial investment sector, and more in this week's digest. Greetings {NAME}, Welcome 2021! We have high hopes for you and for all of our readers who continue the pursuit of the latest in data, data trends, and features from Knoema to help solve your data challenges. In today’s newsletter we cover recent data trends related to COVID-19, take a fresh look at the vulnerability to food insecurity worldwide, and investigate the relationship between job positions and bonuses with data from emolument. Enjoy the read! Get involved! Send us your feedback at DataDriven@knoema.com. From the Headlines - The winter [COVID-19 surge in Europe]( has arrived with force, moving many countries to reimpose lockdown policies to defuse the spread of the virus. - Higher wage earners in the United States seem to also have more opportunity to work remotely. [70%+]( of employees in the financial and professional and business services industries reported that they could telework. - Covid-19 dynamics threaten prolonged recession in [Japan and South Korea](. Compared to the world's other largest economies the speed of the COVID-19 spread is still relatively low but on par with countries such as India and Indonesia. New Data at Knoema [Refugee Processing Center](. In 2020, refugee resettlement in the United States dropped to [historic lows]( as a result of President Trump’s refugee admissions policy. RPC data covers the latest information on refugee arrivals according to refugees’ origin at the [regional]( and [country]( levels and spans four decades. [Refugees from just nine countries arrived in New York in 2020](. [Banco Central De Chile](. Chile’s external debt reached almost [$150 billion]( in November, compared with $141 billion in the same period of 2019. Chile’s external debt data is updated monthly and available from 2003 through November 2020. [Which Chilean institutional sector is the biggest borrower]( [Australian Bureau of Statistics](. In November, Australian retail trade [more than recovered]( from its COVID-induced challenges in 2Q 2020. The retail trade YoY growth reached its highest level since July 2001. [Which retail trade industries are experiencing the greatest surge]( Data Driven Stories COVID-19 and food price inflation have now spilled over as direct threats to food security and decades of progress to reduce poverty. The FAO Global Food Price Index reached a 6-year high during the September-November period, propelled by increasing prices of critical food commodities including cereals and oils. [Self insufficiency in cereals country ranking](. Rising food prices make 1 billion+ people across 19 countries 'highly' or 'extremely' vulnerable to food insecurity. Food price inflation poses the most direct threat to those countries dependent on imports of food. [Grain price vulnerability ranking](. Alt Data Insights The financial investment sector is the highest paying sector in the United States, according to the fundamental data source US Bureau of Labor Statistics. But alternative data provider [emolument]( allows us to deepen our knowledge about salary level in this sector: the higher the position held, the greater the bonus relative to salary. [Check out the correlation between average basic salary & bonus by educational degree](. Texas is the leader in refinery LPG production in the United States. Learn about the [facilities behind this key statistic]( and more about the Texas LPG landscape with the interactive visualizations based on data sample from [Sulpetro](. Interested in what Knoema can do for your organization? [Get on a call]( Insights Around the Web [WTO]( COVID-19 helped China to improve its trade balance. Chinese exports of COVID-19-critical medical products more than tripled based on YoY data for the first half of the year, from $18 billion to $55 billion. At the same time, leading importers of COVID-19-critical products registered double-digit import growth compared to 2019, including 62% in France and 52% in Italy. [BloombergNEF]( For the first time, battery pack prices of less than $100/kWh have been reported. These were for batteries in e-buses in China. With average pack prices of $100/kWh automakers should be able to produce and sell mass market electric vehicles at the same price (and with the same margin) as comparable internal combustion vehicles in some markets. [Royal Statistical Society]( The length of time between scientists publishing the genetic sequence of COVID-19 (11 January 2020) and an effective vaccine being administered (8 December 2020) of 332 days was announced as the Statistic of the Year for 2020. Stay well. Charles Poliacof CEO, Knoema [knoema.com]( [Twitter]( [Facebook]( [Website]( Copyright © 2021 Knoema. All rights reserved. You are receiving this email because you are a registered Knoema user. Our mailing address is: Knoema 31 East 32nd Street 4th FloorNew York, NY 10016 [Add us to your address book]( Want to change how you receive these emails? You can [update your preferences]( or [unsubscribe from this list](.