Global News: Google Should Be Forced to Sell Chrome Browser, Justice Department Says.
FG to rebase CPI, GDP in 2025 to drive policy accuracy, investment.
The Justice Department on Wednesday said Google should have to sell off its popular Chrome browser as part of a court-ordered fix to its monopolization of the online search market.
Our thoughts
Department of Justice has officially filed it's request for the unbundling of our beloved google.
Their ask is basically focused on it's search distribution market.
Why is this Important?
Your search tells us about your interests, helps us know what we should offer you for sale. From music search, to map searches, all your search activity is telling Google who you are and what to offer you.
So these asks are quite significant.
What next? Google is expected to propose remedies to their ask on December 20.
African News: South Africa becomes first African country to assume G20 presidency.
South Africa, on Tuesday, took over the presidency of G20, becoming the first African country to lead the group of powerful nations, Anadolu Agency reports.“It is an honour to accept, on behalf of the people of South Africa, the responsibility of the presidency of the G20 for the next year.
Our thoughts
It is good that the presidency is coming back to Africa. South Africa is a founding member of G20 (established in 1999) and has actually held the presidency one in 2007. Up until 2023 when the African Union (AU) became a G20 member, South Africa had been the only African country at that table.
We expect (& hope) that during their tenure, the country will drive policies and initiatives that will improve the economic wellbeing of the continent.
.
Nigerian News: FG to rebase CPI, GDP in 2025 to drive policy accuracy, investment.
The federal government is set to rebase the country’s Consumer Price Index (CPI) and Gross Domestic Product (GDP) by 2025 to enhance policy accuracy and boost investor confidence
Our thoughts
Basically they are bringing the base closer to reflect general economic changes over the years
The Impact
Inflation will most likely come out at a lower rate and GDP
Look better. Financial Engineering
But is it legal?
Q- Yes! economies rebase their CPI & GDP when there have been very significant changes over time.
But in the end the economic growth and development (or lack of it) will be seen to all and can't be hidden.
What’s happening at the Money Wit Club…..
Did you enjoy reading this? Help spread the message by forwarding to at least 10 of your contacts.
Was this email forwarded to you? Subscribe here.
We host weekly money discussions live on our YT channel… visit our channel
Want to advertise with us? Email business@oleroladele.com
Highlights in the Club this Week:
Our End of the Year Party 2024 is finally here. End the year on a high note with an evening of networking, games, good food, and a breathtaking view! Connect with fellow entrepreneurs, investors, and enthusiasts as we celebrate our achievements and gear up for a prosperous 2025.
Why Attend?
Network with like-minded individuals in entrepreneurship and investing.
Unwind with fun games and great conversations.
Enjoy delicious food and an incredible view.
Discover new opportunities for partnerships and investments.
Attendance is free for club members but you have to rsvp to get on the guest list. RSVP HERE
Big News- One of Our Portfolio Companies Kunda Kids is on CNN.
At the Money Wit Club, We provide you with opportunities to invest in high-value companies with potential to help you yield the highest returns on your investments. Watch full interview here
This week in the club, we launched our raffle draw to appreciate our esteemed members. Asides our numerous educational content on finances and investments, investment opportunities and partnerships, Members of the club can now win grand amazing prizes monthly by participating in our weekly raffle draws. Click the button below for more information on how to join the club