SiN #60 – $208 Million
That is the value of Bitcoins sold within a 10 minute period in all the exchanges after Elon Musk’s Tweet on May 13 regarding Tesla suspending its policy of accepting Bitcoins as payment for their cars and his concern for…
The Snippets Journal
Insightful Snippets From The World of Business, Finance and Tech.
The Snippets Journal
Insightful Snippets From The World of Business, Finance and Tech.
Category Snips In Numbers
SiN #59 – 574,000,000 Metric Tons
That is how much animal-based protein(meat, seafood, dairy and eggs) people consumed around the world in 2020 according to a BCG report. That is almost 75 kilograms per person.
Sin #58 – $110 Billion
That is how much the on going worldwide semiconductor chip shortage is expected to cost the global automotive industry in revenue in 2021, according to consulting firm AlixPartners.
SiN #57 – $212 Billion
That is the annual budget for the State of New York for the Financial Year 2021 – ’22! It is a 10% increase over the previous year. For context, The Annual Budget of the whole nation of India for 2021…
SiN #56 – $1.7 Trillion
That is the value of all the transactions conducted on major crypto exchanges in April 2021. Compared to less than $100 Billion in April 2020, it is a 1600% rise in a year, and a 42% increase from $1.2 Trillion…
SiN #55 – 493 Million
That is the total number of followers Cristiano Ronaldo has across social media platforms like Twitter, YouTube, Instagram and Facebook, making him the most influential person on Social Media. He is followed by Justin Bieber(443M), Ariana Grande(429M) and Selena Gomez(403M).
SiN #54 – 73.8%
That is the short-term interest rate of Venezuela as of March 2021. During the pandemic most of the countries lowered their interest rates as much as possible to enable cash flows. For example, USA‘s is as low as near zero!…
SiN #53 – 15x
That is how much the value of the car maker Volvo has increased over 10 years. It was bought by the Chinese car company Geely for about $1.8 billion from Ford Motors in 2010. It is now planning to go…
SiN #52 – $100 Million
YouTube recently announced a $100 Million YouTube Shorts Fund, which it will use to pay creators for their most viewed and most engaging content over the course of 2021 and 2022. This comes almost a year after Tik-Tok announced its…
SiN #51 – (4.4%)
That is how much Moody’s has slashed India’s GDP growth projection for FY 22 in just 3 months. It was projected at 13.7% in February, just before the second wave of Covid 19 hit India, to 9.3% in May.
