5 best news for July

The land market has started working in Ukraine

In Ukraine, the market for the sale of agricultural land started operating on July 1. From that day on, the moratorium, which has been in force since the country’s independence, has expired.

Until January 1, 2024, the right to sell and buy land will be only for individuals (citizens of Ukraine).

“Until January 1, 2024, the total area of ​​agricultural land owned by a citizen of Ukraine may not exceed 100 hectares. This restriction does not apply to land acquired by a citizen before the entry into force of this subparagraph,” the law reads.

From 2024, legal entities will be able to buy agricultural land, but with a limit of up to 10 thousand hectares. Foreigners, stateless persons and foreign legal entities will receive such a right only if Ukrainians vote for it in a referendum.

Until January 1, 2030, the sale price of agricultural land may not be less than their regulatory monetary value.

 

 

For the first time in the world there were more than 20 million millionaires

The total wealth of all dollar millionaires in the world in 2020 increased by 7.6% and amounted to $ 79.6 trillion. The international consulting company Capgemini SA in the annual World Wealth Report reported this.

At the same time, the number of wealthy people (high-net-worth individual, HNWI) increased by 6.3% to 20.8 million people. The growth of their wealth was facilitated by a significant rise in stock markets, which was last year.

After the Asia-Pacific region (APR) for 5 years in the lead on both indicators, in 2020 North America again came to the fore. The number of HNWI there increased by 10.7% and reached 7 million people, their total capital increased by 11.9% – to $ 24.3 trillion. The rise in the Asia-Pacific region was 5.8% (up to $ 6.9 million) and 8.4% (up to $ 24 trillion), respectively.

In Europe, the number of rich people increased by 2.8% (to 5.4 million), in Africa – by 2.7% (to 0.2 million), in the Middle East – by 6.8% (to 0.8%). In Latin America, the rich decreased by 4% (to 0.6 million).

The total wealth of HNWI in Europe increased by 4.5% (to $ 17.5 trillion), in Africa – by 3.8% (to $ 1.7 trillion), in the Middle East – by 10.7% (to $ 3,2 trillion), in Latin America – by 0.5% (up to $ 8.8 trillion).

Last year, the United States ranked first in terms of the number of rich (6.575 million, an increase of 11.3%), followed by Japan (3.537 million, + 6.2%), Germany (1.535 million, + 6.9%) and China 1.461 million, + 11%). These countries accounted for 62.9% of the total HNWI in the world, compared to 61.6% in 2019 and 58.4% in 2012.

In the first quarter of 2021, 30% of the world’s millionaire wealth remained in shares, 24% (25%) in cash savings and equivalents, 18% (17%) in fixed income assets, 15% in real estate, and 15% in alternative instruments. – 14% (13%).

The World Wealth Report uses data from 71 countries, which account for more than 98% of world gross national income and 99% of global stock market capitalization.

 

 

The ranking of the best airlines in the world in a pandemic has been announced

AirlineRatings.com named Qatar Airways the airline of the year. As reported on Tuesday, July 27, the rating of Top Airlines in the World takes into account flight safety, on-board service, passenger comfort and flight routes, as well as the response of airlines to the COVID-19 coronavirus pandemic.

Qatar Airways was recognized as the best airline for innovative solutions for aircraft cabins, the level of service on board and “commitment to work during the COVID-19 pandemic.”

Qatar Airways has risen eight lines. Prior to that, the first place was occupied by Air New Zealand. In total 20 airlines were included in the ranking and most of them hold positions of 2020.

The top five also includes New Zealand’s largest airline Air New Zealand, Singapore’s Singapore Airlines Ltd., Australia’s largest airline Qantas Airways Ltd. and Emirates Airlines, headquartered in Dubai.

Only airlines with seven safety stars can be included in the annual rating. It is based on accident histories, pilot incidents, government inspections and now also safety criteria in the context of a coronavirus pandemic, including social distancing measures, aircraft disinfection and the presence of masks in the crew.

 

 

OPEC + countries have agreed to increase oil production

OPEC + member states have agreed to increase oil production by 400,000 bpd per month from August. This is stated in a press release from OPEC.

It is noted that the OPEC + countries will seek to eliminate the current restrictions in September 2022. Thus in December, 2021 the estimation of the market is given.

Thus, from May 2022 for Saudi Arabia and Russia will increase the base of reduction of oil production from 11 to 11.5 million bpd, for the UAE – from 3.2 to 3.5 million bpd, for Iraq – from 4, 65 to 4.8 million bpd, for Kuwait – from 2.8 to 2.96 million bpd – only 1.63 million bpd.

The basis for the reduction of oil production is a parameter from which for each country is considered the necessary amount of reduction. The above countries will now be able to extract large volumes of oil under the agreement.

The next ministerial meeting will take place on September 1.

 

 

In 2 years the demand for qualified IT specialists has doubled

In 2 years, the demand for IT professionals with 5 years of experience has doubled. If in May 2019 on jobs.dou.ua about 600 vacancies were opened for such specialists, in May 2021 – 1200. This is 12% of all vacancies in the market, which is 13% more than 2 years ago.

The activity of candidates and companies has also changed, especially over the last year. If in April 2020, during the strict quarantine, ten specialists responded to 1 vacancy, now – only one. This suggests that experienced professionals are more likely to receive offers from companies than to look for work.

Globally, 70% of IT professionals pay the most attention to languages, frameworks and other technologies when choosing a job. For more than half, a good atmosphere in the office and team is a priority, and 45% want to have a flexible and adaptable work schedule.