World: Politics, Social and Economics

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F.K.Baganoff et al.


Top 10 Hot Careers in 2012: Space Tourism to Genetic Counselling   "In our information-rich society there is an ever increasing demand for workers in the fields of computers, health care, science and space technology—much of it driven by the demands of the retiring baby boomers. If you like to plan ahead, here is sampling of some of the jobs that will be hot in the next several years and beyond ..." Rebecca Sato, dailygalaxy.com/my_weblog (site accessed Aug 08)
See also: Where will the jobs be in 2012?   "The help wanted ads of 2012 will have a scant resemblance to today’s classifieds. Job titles more common in sci-fi novels such as space tour guide and molecular engineer will soon become common place ... It’s no longer warm and fuzzy. Lifelong learning will be a forced march. If you stop learning, you will become unemployed and unemployable very quickly ..." msnbc.msn.com (site accessed Aug 2007)

World Bank sees food prices high until 2012   "World Bank President Robert Zoellick said ... he expected food prices to remain above 2004 levels until at least 2012 and energy prices would also remain high and volatile. He repeated that with food and fuel prices in a "danger zone" there was a need for $10 billion to provide food and cash handouts for the world's poorest ..." reuters.com (site accessed July 2008)

World population to hit 7 billion in 2012    "The world's population will reach 7 billion in 2012, even as the global community struggles to satisfy its appetite for natural resources, according to a new government projection. There are 6.7 billion people in the world today. ... The world's population surpassed 6 billion in 1999, meaning it will take only 13 years to add a billion people. By comparison, the number of people didn't reach 1 billion until 1800, said Carl Haub, a demographer at the Population Reference Bureau. It didn't reach 2 billion until 130 years later ..." ap.google.com (site accessed June 2008)

World gambling revenue to top $155B in 2012   "Global gambling revenue is estimated to pass $155 billion in 2012 after growing at an annually compounded rate of 6.5 percent per year, according to a PricewaterhouseCoopers LLP report released Wednesday. Gambling revenue is expected to rise from nearly $114 billion in 2007 because of new casinos and upgrades to existing ones around the world ..." businessweek.com (site accessed June 2008)

Gas and oil prices to double by 2012   " ... Jeff Rubin, chief economist at CIBC World Markets says oil production will barely grow over the next five years, edging up barely more than 1-million barrels a day over the next three years, and only half a million barrels a day between 2010 and 2012. The increases will fall far short of demand, forcing the price of crude oil to surge to US$150 a barrel by 2010, and over US$200 a barrel by 2012 ..." financialpost.com (site accessed Apr 2008)
See also: The oil crisis of 2012?   " ... Putting current world oil production at about 82 million barrels a day and placing world capacity at about 18 million barrels more, he wondered when demand would exceed this point. West mentioned two dates—five years from now, and 2020—but treated this scenario as inevitable, despairing over “the geopolitical ramifications.” Indeed, while describing global warming as a serious problem, West argued that the impending supply-demand crisis is more urgent: “The fact of the matter is, there’s a high probability that there’s going to be a production crunch . . . before Bangladesh gets flooded.” ..." nationalinterest.org (site accessed Oct 2007)
See also: The future of oil prices  Chart showing oil prices from January 2007 - December 2012. The author, Hal Finney, states: "The obvious message of this chart in terms of future oil prices is that they are expected to be relatively stable. The whole next six years stay within the range of $60-$70 per barrel. This is unlikely to be consistent with a significant oil shortage in that time frame. The markets seem to be telling us that Peak Oil is not a near-term concern." This posting has provoked a long discussion from other correspondents. Overcomingbias.com (site accessed Jan 2007)
See also: Demand for oil could exceed supply by 2012   
" ... Demand for oil is continuing to grow, and threatens to burn up excess oil capacity by 2012, according to a new report released today by the International Energy Agency. Excess capacity in OPEC is forecast to drop by 2 million gallons per day by 2009, and to virtually zero out by 2012..." thedailygreen.com

See also: Nearly $25billion in deepwater expenditures by 2012   ... " The deepwater oil and gas industry is set for continued growth through to 2012, with over 30 percent growth forecast for the 2008-2012 period when compared with the previous five years ... Africa is expected to be the leading deepwater development area over the 2008-2012 period, accounting for nearly 40 percent of the global deepwater spend" energycurrent.com (site accessed Oct 2007)

New 2012 deadline set to rid world of chemical weapons   "A body set up to rid the world of chemical weapons agreed on Saturday a new global deadline of 2012, after admitting that Albania is the only country to have completely destroyed its stock ... The United States, Russia, India and Libya, with some of the largest stockpiles, previously had individual deadlines, some of them earlier than 2012, but have signed up to the revised founding treaty ... The treaty has to-date been ratified by 183 countries representing 98 percent of the world's population. Twelve states have yet to sign or ratify, including five in the Middle East -- Israel, Egypt, Syria, Lebanon and Iraq ..." afp.google.com (site accessed April 2008)

Online sales to reach £44.5 billion by 2012   " ... By 2012, online sales are predicted to make up 14 per cent of retail expenditure, equating to £44.5bn. Verdict director of consulting Neil Saunders says: “Internet retailing seems to be laughing in the face of the economic slowdown. While more muted consumer sentiment may have a slight downward impact on online growth rates, the Internet seems much better placed than physical locations to weather the storm.” precisionmarketing.co.uk (site accessed Apr 2008)

See also: Online sales to hit $1 trillion by 2012   "Last year, Leadpile predicted online sales would hit $1 Trillion by 2012 — which at this point appears to be extremely unlikely given current and past trends. The company says 'Super Kids in Digital Space' are going to dramatically change the landscape of the entire United States culture, including the way we use the Internet and Computers. Leadpile believes that this new, young, super Internet and wireless consumer, will drive wireless technology, online sales, and our entire culture to levels very few people have even dreamed possible, resulting in a dramatic shift in our lives, and change the way we buy and consume goods and services forever.'" ecommerce-guide.com (site accessed Apr 2006)

By 2012, women will outnumber men online by more than 8 million " ... American women are the largest economy on earth. Put those two stats together with the possibilities of the Internet - your PC and my PC is just as powerful as anybody else’s - and you’ve got a revolution to be reckoned with ..." ebrandmarketing.com (site accessed Apr 2008)

Emirates set to be world's largest long-haul airline by 2012   " Emirates airlines is set to become the largest long-haul airline in the world, when the 16.7 million passengers it carried in 2006 grows to 33 million by 2012, according to company officials. And the airline achieved a new high last week when it flew to its 100th destination, touching down in Cape Town, South Africa ... business24-7.ae (site access Apr 2008)

Wealth held by rich investors with assets of over $1million set to grow by 50% by 2012   "Wealth held by rich investors with assets over $1 million is set to grow 50 percent in the next five years to $75 trillion, according to a report ...The study by management consultancy Oliver Wyman found that the annual growth rate of wealth held by high net worth individuals is expected to slow to nine percent in the next five years as tougher market environment bites. Global wealth held by rich clients grew by an annual 12 percent over the past five years to 2007 to $50 trillion thanks to a bull run in stock markets ...reuters.com (site accessed Mar 2008)

2012: 21 million of the working poor have insurance  "Opportunity International, one of the world’s largest microfinance organizations, today announced it has received a $24.2 million grant from the Bill & Melinda Gates Foundation. The funding will help Opportunity International’s subsidiary, the Micro Insurance Agency, greatly expand its insurance products to the poor in Africa, Asia and Latin America and will enable the world’s first stand-alone microinsurance agency to enter 11 new countries and provide life, health and crop insurance to 21 million poor people by 2012 ..." opportunity.org (site accessed Feb 2008) 

A letter from a Norwegian politician "I am a Norwegian politician. I would like to say that difficult things will happen from the year 2008 till the year 2012. The Norwegian government is building more and more underground bases and bunkers. When asked, they simply say that it is for the protection of the people of Norway. When I enquire when they are due to be finished, they reply “before 2011”. Israel is also doing the same and many other countries too ... " Article goes on to say that Planet X is coming and only the elite will be saved. projectcamelot.org (site accessed Jan 2008)

Mobile music revenues to approach $18 billion by 2012  "Mobile subscriptions which offer unlimited music downloads on a rental basis are expected to surge in popularity and will provide the majority of mobile revenues derived from original recordings, according to a recent report from Juniper Research. According to the report, the market for subscription-based music rental services will reach $3.3 billion by 2012, eclipsing the market for paid-for original recordings ... industry.tekrati.com (site accessed Jan 2008)

Tesco set for £30bn global expansion by 2012   "Tesco's turnover will increase by £30bn to almost £74bn within five years, and store numbers will double, as rapid overseas expansion fuels growth, according to new research by international food and grocery expert IGD. IGD’s Trading With Tesco report predicts that the retailer will be boosted by store openings in the United States and Asia over the next five years ..." talkingretail.com (site accessed Jan 2008)

Online dating in 2012   " ... In the future, dating sites will pay singles for the priviledge of displaying their profile. The idea of paying to belong to a specific site will seem quaint. Sites bidding for profiles will be the norm ..." onlinedatingpost.com (site accessed Oct 2007)

Black Sea oil pipeline by 2012   "Five southern European countries and the Commission signed a declaration on 3 April 2007 to build a pipeline to bring oil from the Black Sea to central European markets by 2012, in a move aimed at reducing the EU's energy dependence. The agreement to link the Black Sea port of Constanta (Romania) and the oil hub of Trieste (Italy) was signed in Zagreb by ministers from Italy, Croatia, Slovenia, Serbia and Romania and Energy Commissioner Andris Piebalgs. The pipeline is expected to be completed in 2012 and has an estimated cost of up to €2.6 billion, according to financial experts ..." EurActiv.com (site accessed Apr 2007)

Cashless society by 2012   " ... Paying for goods with notes and coins could be consigned to history within five years, according to the chief executive of Visa Europe. Peter Ayliffe said that, by 2012, using credit and debit cards should be cheaper and more convenient than cash. Some retailers could soon start surcharging customers if they choose to buy products with cash, because of the greater cost of processing these payments, he warned. ... " The Independent (site accessed Mar 2007)

SMS revenue to reach $67 bn by 2012   " ... A report by Portio Research, entitled Mobile Messaging Futures 2007-2012, found that SMS generated $47.5bn worldwide in 2006, and is predicted to reach $52.5bn in 2007. A projected 3.7 trillion messages being sent annually by 2012 will push this revenue to $67bn ..." itweek (site accessed Feb 2007)
See also: Asia's text messaging mania   " ... Portio analyst John White stated there will be estimated 1.4 billion additional mobile phone users in Asia by 2012, and SMS revenue in the region will mushroom from $16 billion in 2006, up to $22.7 billion in 2012. John White added that regional SMS traffic within the same period will spike sharply from 967.7 billion in 2006 to a staggering 2,071 billion messages by 2012...." chinaeconomicsreview.com (site accessed Mar 2007)

Online revenue to increase tenfold by 2012  "Online television, film and video revenue from legitimate portals is set to increase almost tenfold to $6.3 billion by 2012 ... The popularity of such sites as YouTube, MySpace, GoogleVideo and Apple's iTunes Video is set to see spending grow as viewers ditch linear television in favor of interactive entertainment, according to a report from business information group Informa Telecoms and Media ..." HollywoodReporter.com (site accessed Jan 2007)

Cities in 2012   
Chart showing number of buildings over 500 feet in 2012 in Dubai, Tel Aviv, Miami, London, Las Vegas and Busan (from Wired Magazine). Gridskipper.com (site accessed November 2006).

Exodus of female IT workers by 2012   
"Nearly half of the female IT workforce will deplete over the next five years, as growing numbers independently exploit business opportunities, cutting-edge research and creative ideas.... The exodus will increase the risk of “project, business and professional failure” for organisations which fail to intake enough women - and their unique skills - into their ranks." ContractorUK.com (site accessed November 2006)

Anti-diabetic drug sales expected to grow dramatically by 2012   "Overall, anti-diabetic drugs sales are expected to grow dramatically over the next five years to over US$22 billion in 2012 as the addressable patient population continues to increase and new, oral, injectable and pulmonary premium priced products enter the market to address high unmet clinical needs." Genetic Engineering News (site accessed Aug 2006)

The United Nations Literacy Decade (2003-2012) aims to extend the use of literacy to those who do not currently have access to it. Over 861 million adults are in that position, and over 113 million children are not in school and therefore not gaining access to literacy either. The Decade will focus on the needs of adults with the goal that people everywhere should be able to use literacy to communicate within their own community, in the wider society and beyond. Literacy efforts have so far failed to reach the poorest and most marginalised groups of people – the Decade will particularly address such populations, under the banner of Literacy for all: voice for all, learning for all. Unesco.org (site accessed Feb 2006)

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