Economic Development
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X @Balaji
Balaji· 2025-09-17 10:14
With the surrender of the communist insurgency, India is arguably more internally unified than it’s ever been before in history. As these numbers drop to zero, districts open up for economic development. https://t.co/AfqStI7tAcSanjeev Sanyal (@sanjeevsanyal):Till as recently as 2010, some 160 districts were impacted by these Naxalites who ran extortion rackets and parallel governments. West Bengal has never recovered from the mayhem they created in the 1960s and early 1970s. Hopefully, the organised violenc ...
Ramaco Announces Appointment of Mike Graney to Board of Directors
Prnewswire· 2025-09-16 20:05
Core Insights - Ramaco Resources, Inc. has appointed Mike Graney as an independent member of its Board of Directors effective September 15, 2025, bringing extensive experience in economic development and energy [1][4]. Company Overview - Ramaco Resources is a leading employer and metallurgical coal producer in West Virginia and Virginia, and a developer of rare earth and critical minerals in Wyoming [1][5]. - The company operates four active metallurgical coal mining complexes in Central Appalachia and is in the initial stages of production for a rare earth and coal mine near Sheridan, Wyoming [5]. Leadership Experience - Mike Graney has over 35 years of experience in entrepreneurship, business leadership, and executive roles, including serving as Executive Director of the West Virginia Department of Economic Development [2][3]. - His background includes managing large-scale operations and driving business growth, which aligns with Ramaco's mission [3][4]. Strategic Direction - Graney's appointment is expected to enhance Ramaco's strategic direction, particularly in investing in the metallurgical coal business and the Brook Mine rare earth and critical minerals project [4]. - The company has discovered a major deposit of primary magnetic rare earths and critical minerals at its mine near Sheridan, Wyoming, indicating potential for significant growth [5].
The Young World: Turning Africa’s Population into Global Power | Naufal Ahmad | TEDxKangiwa
TEDx Talks· 2025-09-10 16:38
Demographic Opportunity & Challenges - The world is aging rapidly, except for Africa, particularly sub-Saharan Africa and Northern Nigeria, presenting a unique demographic opportunity [1] - Nigeria's median age is 18, and Kaza's is even younger, indicating a potential for innovation and workforce development [1][2] - This demographic advantage presents both an opportunity and a challenge: the need to invest in education, healthcare, and skills to create a viable future workforce [2] Economic Transformation - There's a need to shift from an agrarian economy to a technology-driven, knowledge-based economy to leverage the young population [3] - Failure to capitalize on this demographic dividend will not only impact Nigeria and Africa but also the world, as the aging global population will rely on the younger generations for future doctors and engineers [3] Technological Advancement & Investment - The focus is shifting towards investing in connectivity, even in remote areas, recognizing it as the most important infrastructure in the current era [9] - A metropolitan area network of 27,000 meters has been built in less than two years, connecting important government offices and paving the way for fiber to homes, schools, and hospitals [10] Leadership & Empowerment - Leaders are beginning to trust young people with more opportunities to contribute ideas on leveraging the population to build a globally competitive economy [5] - The emphasis is on empowering young people to build, grow, and excel locally, rather than feeling the need to relocate to major global hubs [7] Overcoming Barriers & Fostering Innovation - Innovation has no borders, but opportunities often do, and efforts are being made to lower the barriers for young people to connect with mentors and access opportunities [11][12][13] - The message is that young people in Kazuna states, Northern Nigeria, and Africa are not too poor, disadvantaged, or late to start making a difference [13]
Empowering Young Africans to Grow Africa | Lady Comfort Ocran | TEDxUniversityofCapeCoast
TEDx Talks· 2025-09-02 16:26
Youth Development & Empowerment - The organization aims to empower a new generation of young people to take control of their destiny and create change in their communities [4] - Statistics indicate a significant youth population in Africa, with 400 million (million) young people aged 15-35, projected to double to 800 million (million) by 2050 [4][5] - In Ghana, approximately 13 million (million) young people aged 15-35, with only one in three employed, highlighting a significant challenge [5] Springboard Rosho Foundation's Initiatives - Springboard Rosho Foundation engages young people by providing hope and ideas, focusing on entrepreneurship, financial literacy, mentorship, and career guidance [6][7] - The foundation has impacted the lives of over 800,000 (thousand) young people through its programs [7] - The organization partners with institutions like Mastercard Foundation and MTN to deliver programs such as the Ghana Growth Program [7][13] Success Stories & Impact - The organization highlights success stories of individuals like Michael, a former yogurt seller who pursued education and became a manager, demonstrating the power of belief [8][9][10][11] - Another example is Thomas, who established a private primary school in his community after being inspired by the program, showcasing the power of boldness [11][12][13] Ghana Growth Program - The Ghana Growth Program focuses on opportunities in the extended value chain for agriculture and at vet [14] - The program has a presence in all 16 regional capitals and 48 districts, reaching 440,000 (thousand) young men, women, and persons with disabilities [14][15]
X @Bloomberg
Bloomberg· 2025-08-28 13:14
Economic History & Policy - England's 1300s wage caps after the Black Death negatively impacted economic development [1] - The report serves as a warning against further minimum wage increases [1]
X @The Economist
The Economist· 2025-08-25 21:20
Developing countries—especially India—should learn from one place in particular https://t.co/hpyh7FEnrn ...
X @Balaji
Balaji· 2025-08-08 17:57
Global Economic Trends - The former first world is largely becoming the descending world [2] - Much of the former third world is now the ascending world [2] - Edelman's numbers correlate with GDP figures and visible improvements in countries like Saudi Arabia, Malaysia, India, and China [1] Data Reliability - There are potential concerns regarding the accuracy of Edelman's numbers for specific regions, such as Nigeria and Kenya [1]
Evergy(EVRG) - 2025 Q2 - Earnings Call Transcript
2025-08-07 14:00
Financial Data and Key Metrics Changes - The company reported adjusted earnings of $0.82 per share for Q2 2025, exceeding internal budget and overcoming approximately $0.09 of unfavorable weather impacts [6][28] - Year-over-year adjusted earnings decreased from $0.90 per share in Q2 2024 to $0.82 per share in Q2 2025, primarily due to a 26% decrease in cooling degree days [28][29] - The company reaffirmed its full-year adjusted EPS guidance of $3.92 to $4.12 per share, with expectations to achieve the midpoint [6][33] Business Line Data and Key Metrics Changes - The company experienced a 1.4% increase in weather-normalized demand in Q2 2025, driven by growth in residential and commercial usage [31] - The exit from the Evergy Ventures business resulted in losses of approximately $0.08 million in Q2 2025, which are excluded from adjusted earnings [30] Market Data and Key Metrics Changes - The company anticipates a peak demand of 1.1 gigawatts with 500 megawatts online by 2029, supporting an estimated demand growth forecast of 2% to 3% through 2029 [15][32] - The economic development pipeline includes a robust backlog of over 15 gigawatts, with significant interest from large customers in Kansas and Missouri [12][13] Company Strategy and Development Direction - The company is committed to a long-term growth target of 4% to 6% through 2029, focusing on affordability, reliability, and sustainability [8][33] - The company aims to invest in grid modernization and new generation resources to support higher capacity margin requirements and accommodate load growth from potential large customers [11][20] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving a balanced approach to meet customer demand and generation needs, emphasizing the importance of flexibility in operations [68] - The company highlighted the supportive regulatory environment in Kansas and Missouri as a key factor in attracting new customers and investments [20][24] Other Important Information - The company achieved several regulatory milestones, including approvals for new natural gas plants and solar farms in both Kansas and Missouri [7][19] - The Kansas Central rate case settlement, if approved, would provide a net revenue increase of $128 million and establish a mechanism for sharing excess earnings with customers [9][10] Q&A Session Summary Question: Can you expand on the timing to derisk equity needs beyond 2025? - Management indicated no planned equity raise in 2025, with approximately $600 million needed in 2026 and 2027, and flexibility in accessing equity markets [41][42] Question: How would a lower ramp from Panasonic impact load growth? - Management stated that the current forecast includes only 2% to 3% load growth, with additional customers potentially increasing this to 4% to 5% [44] Question: What factors influence the large load customer pipeline? - Management noted that both customer development timelines and the company's ability to process and serve are critical factors [49][51] Question: Is the 8.5% rate base growth inclusive of new gas plants and solar? - Management confirmed that the 8.5% reflects the rate base growth associated with the $17.5 billion capital plan, including some approved projects [58][62] Question: How does the company view federal permitting for renewable projects? - Management expressed confidence that approved solar projects will qualify under current regulations, while remaining flexible to adapt to evolving federal guidelines [81][83]
Unlocking North East India's Economic Potential to Prosperity | Sagar Tejwani | TEDxAssam University
TEDx Talks· 2025-08-06 15:45
[Music] So I'm Sagatwani. I'm an asset manager investment banker at one of the leading firms in the UAE. I'm here because one of my very close friends is from this region and he really inspired me about the struggles that this region had actually seen which led me to do a little bit of research about this region and understand a few facts which I'll present today.As we all know that the world is circular but when we put the world on a map uh India falls in the northeastern hemisphere. But it is very intrigu ...
X @Bloomberg
Bloomberg· 2025-08-06 14:14
Bringing in more space business to the state could lead to more lucrative jobs for Texans, as well as establishing bragging rights about the state’s contributions to spaceflight https://t.co/QZH57OA4wJ ...