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Top Fifteen(15) Most Miserable Countries In The World. REVEALED! by sisanmattu: 4:54pm On Mar 03, 2015 |
Misery will be most acute this year in Venezuela, Argentina, South Africa, Ukraine and Greece – the five most painful economies in which to live and work, according to Bloomberg's 'misery index ' for 2015. Rising unemployment coupled with high inflation will hit these countries hardest, the financial services firm said. Venezuela, which tops the list, recently entered a recession, and its economy is expected to shrink by 7pc this year, according to data from the International Monetary Fund. The country has the highest annual rate of inflation in the Americas at 63.6pc. The collapse in world oil prices has left the country short of dollars needed to import many basic goods. The dire shortage of basic goods in Venezuela last week prompted neighbour Trinidad & Tobago to offer swapping tissue paper for oil. In Venezuela, which has the world’s largest oil reserves, citizens are lining up outside supermarkets for hours seeking a bag of clothing detergent, toilet paper or cooking oil. • Venezuela needs change now - and I am the man to deliver it Number two in the misery rankings, Argentina's economy contracted 1.5pc last year and will shrink 1.4pc this year before growing 2.6 per cent in 2016, according to economists surveyed by Bloomberg. South America’s second-largest economy shrunk following a default in July, the culmination of years of legal battles with creditors. Seeking to preserve international reserves that fell to an eight-year low last April, the Argentinian government increased limits on imports , making it harder for manufacturers to obtain supplies. Third-placed South Africa is still struggling to recover from a recession that hit the country in 2009. The country recently downgraded its growth expectations for 2015 to 2pc, from the 2.5pc it forecast in October. Electricity blackouts are now a daily reality and expected to continue for the next three years. • Colombia: from failed state to Latin American powerhouse The grimmest economies in 2015 1. Venezuela 2. Argentina 3. South Africa 4. Ukraine 5. Greece 6. Spain 7. Russia 8. Croatia 9. Turkey 10. Portugal 11. Italy 12. Colombia 13. Brazil 14. Slovakia 15. Indonesia Despite a recent ceasefire, tensions with Russia-backed rebels are prolonging joblessness in Ukraine, and inflation won't offer much relief, Bloomberg analysts predicted. Unemployment will climb to 9.5pc in Ukraine this year from 8.9pc in the third quarter of 2014, the survey data suggested. Inflation is projected to rise at a 17.5pc pace in 2015, compared with the 24.9pc rate in December. Ukrainian consumers are therefore set to be the fourth-saddest among 51 economies based on forecasts for the misery measure. However, it is an improvement on 2014, when the embattled country came second in the misery-index readings. Fighting has intensified in Ukraine in the past year Greece is 5th, Spain is 6th, Portugal is 10th and Italy is 11th in this year's ranking. Greece's public debt is now equal to 177pc of GDP , the highest level in the eurozone. The country has an eye-wateringly high unemployment rate of 25.8pc. More than half of Greece’s 15 to 24 year olds are out of work. The country is on the brink of leaving the eurozone, and the Greek government must pay the IMF €1.5bn in a series of deadlines this month, starting with €300m as soon as this Friday. • Greece eyes last central bank funds to avert IMF default Italy's public debt has jumped from 116pc to 133pc of GDP in three years. The youth jobless rate is 44pc. Meanwhile Italian GDP has fallen almost 10pc in six years. Italy's industrial production has dropped back to the levels of 1980. The 51 economies taken by bloomberg index average GDP per capita of $31,079. http://www.telegraph.co.uk/finance/economics/11446325/Which-are-the-15-most-miserable-countries-in-the-world.html |
Re: Top Fifteen(15) Most Miserable Countries In The World. REVEALED! by kingk(m): 4:57pm On Mar 03, 2015 |
thank God for Nigeria.... my sweet home country. 3 Likes |
Re: Top Fifteen(15) Most Miserable Countries In The World. REVEALED! by tplustee(m): 4:58pm On Mar 03, 2015 |
Who evn wan go those countries sef. Make dem Kip Taurus offer. Am I ftc on dis thread? Is it gna hit fp? Hmmm lets look n see |
Re: Top Fifteen(15) Most Miserable Countries In The World. REVEALED! by biafranqueen: 5:01pm On Mar 03, 2015 |
No way Nigeria can top that list the place is a happening joyful place. East or West home is best! 3 Likes |
Re: Top Fifteen(15) Most Miserable Countries In The World. REVEALED! by kingk(m): 5:05pm On Mar 03, 2015 |
tplustee: sorry you're second.. .. oya FP sharp sharp... pls they should give those country citizen Nigerian Visa... |
Re: Top Fifteen(15) Most Miserable Countries In The World. REVEALED! by Vision4God: 5:10pm On Mar 03, 2015 |
Nigeria is truly blessed. 1 Like |
Re: Top Fifteen(15) Most Miserable Countries In The World. REVEALED! by francizy(m): 5:13pm On Mar 03, 2015 |
I thought Nigeria would be number one on this list... Oya where are the hypocrites?? Come and forcefully put Nigeria on the list... Thank you... |
Re: Top Fifteen(15) Most Miserable Countries In The World. REVEALED! by kay29000(m): 5:14pm On Mar 03, 2015 |
Hmm! |
Re: Top Fifteen(15) Most Miserable Countries In The World. REVEALED! by francizy(m): 5:14pm On Mar 03, 2015 |
biafranqueen: Wanne'm wanyi, ndewo! 2 Likes |
Re: Top Fifteen(15) Most Miserable Countries In The World. REVEALED! by atlwireles: 5:18pm On Mar 03, 2015 |
Just imagine the APC apologists coming here to seek bad news, only to be sadly disappointed. |
Re: Top Fifteen(15) Most Miserable Countries In The World. REVEALED! by bokohalal(m): 5:21pm On Mar 03, 2015 |
Nigeria was not researched. Infact , only Westernized South Africa ,in Africa, was considered worthy of evaluation. If they had tried the others, we would have been shouting racism. |
Re: Top Fifteen(15) Most Miserable Countries In The World. REVEALED! by menix(m): 5:21pm On Mar 03, 2015 |
In essence GEJ is working... Hope APCians can see we aint there. A vote for GEJ will keep us out of d list till 2019.... |
Re: Top Fifteen(15) Most Miserable Countries In The World. REVEALED! by Ikengawo: 5:32pm On Mar 03, 2015 |
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Re: Top Fifteen(15) Most Miserable Countries In The World. REVEALED! by crownprince102: 5:38pm On Mar 03, 2015 |
[b]What kind of a list is this? Who in this forum will ever reject a free visa to Spain, Brazil, Italy, Greece, Portugal, Russia or even South Africa? * They are miserable and Nigerians keep trooping to those country on daily basis. Who wan suffer to death? * They are miserable and their citizens could eat 3 square meal daily without fear. This 17:30pm, you don chop your breakfast? * They are miserable and they can sleep with their two eyes closed not bothering about insecurity. Who fit stay in mubi, baga or chibok for a week? * They are miserable and an average citizen could afford more 10 dollars daily. To get 1 dollar na serious wahala for naija. * They are miserable and they have an organise soccer leagues, paying players hefty wages and recording high attendance of fan who pays for entry ticket. How you go think say you wan go stadium when you never chop? * They are miserable and they are among the first world nation. Calling Nigeria a third world nation is an hype. @OP please ask the source to define MISERABLE[/b] 1 Like |
Re: Top Fifteen(15) Most Miserable Countries In The World. REVEALED! by Slynonny(m): 6:10pm On Mar 03, 2015 |
Agents of darkness are avoiding this thread cos Nigeria is not amongst them. Thanks to Oga Jona. I'll rather dig grave,call my friends and neighbours and give my PVC a befitting burial than vote for Mallam Buhari. GEJ 2019 |
Re: Top Fifteen(15) Most Miserable Countries In The World. REVEALED! by Obinnio: 7:46pm On Mar 03, 2015 |
Italy is not a reach country but its among the top 5 stable economy in Europe |
Re: Top Fifteen(15) Most Miserable Countries In The World. REVEALED! by njideoby(f): 7:54pm On Mar 03, 2015 |
Thank God for my dear country.Nigeria we hail thee. GEJ is working. |
Re: Top Fifteen(15) Most Miserable Countries In The World. REVEALED! by Nobody: 9:12pm On Mar 03, 2015 |
hungry man countries GEJ TILL 2019!!! |
Re: Top Fifteen(15) Most Miserable Countries In The World. REVEALED! by Nobody: 9:13pm On Mar 03, 2015 |
hungry man countries.... GEJ TILL 2019!!! |
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