Accounts
in sentence
1593 examples of Accounts in a sentence
The benefits of gender equity are also apparent when women have access to basic financial services, like credit and savings accounts, which enable them to start businesses and save money for family essentials.
Finally, Denmark started to develop wind energy, which today
accounts
for 20% of Denmark’s power production.
To be sure, ties with the EU would not be severed immediately, and the UK government would have a couple of years to negotiate a trade agreement with the European Single Market, which
accounts
for nearly half of British exports.
Similarly, even as the UK pursues a “hard Brexit,” it still only
accounts
for around 2% of global GDP.
And if you consider the fees that many banks impose on these accounts, the effective nominal return was already negative even before central banks went for negative nominal rates.
China alone
accounts
for 86% of the US bicycle market.
Pressure to reduce costs in the recent downturn may have accelerated the movement of jobs to low-wage locations, but this
accounts
for only 15-35% of the decline in employment since the downturn began.
By most accounts, Lehman’s derivatives portfolio was a winner when it went bankrupt, but bankruptcy exemptions for derivatives allowed Lehman’s counterparties to close out their positions rapidly, in ways that were costly for Lehman, chaotic for financial markets, and damaging to the real economy.
There was a time when privatization – allowing individuals to set up individual savings
accounts
– seemed better than Social Security, which invests in lower-yielding Treasury bills.
The costs of managing the Social Security system are far smaller than those likely to be associated with privatized
accounts.
He proposes diverting almost a third of the Social Security tax to private
accounts.
In the United States, for example, the financial sector generates just 4% of employment, but
accounts
for more than 25% of corporate profits.
Bank accounts, school enrollment, mobile-phone contracts, travel records, hospital admissions, and even cremation certificates now all require an Aadhaar, despite Modi’s assurances to the Supreme Court that participation in the program would not become mandatory.
Because China is now the world’s largest exporter after the European Union, and
accounts
for about half of global growth, decisions taken in Beijing could have a more important impact on the world economy than those taken in Berlin, Brussels, or Washington, DC.
But the prosecutors’ real goal was to show that Manafort paid for these goods – nearly $1 million in suits from the world’s most expensive tailors, high-priced antique rugs, lamps, and electronic equipment – by wire transfers from offshore bank accounts, such as one in Cyprus.
Manafort’s former bookkeeper testified that he had been personally involved in these transactions, and an accountant testified that Manafort himself had altered his tax returns, hid income as loans (saving $500,000 one year), and failed to inform his accountants about his offshore
accounts.
These deficits facilitate the surpluses that emerging markets such as China want to run – the world’s current
accounts
add up to zero, so if one large set of countries wants to run a surplus, someone big needs to run a deficit.
Similarly, we need to use more comprehensive wealth
accounts
as a reference point for decision-making.
Countries have long used national income accounts, with GDP as the main indicator, to describe economic performance.
At the same time, the private sector has taken off, and now
accounts
for two-thirds of China’s GDP and urban employment.
This turns out to be a mixed blessing, because it has allowed the US to become less careful about its fiscal
accounts.
The first step toward making SDRs a more active force in global finance would be to remove the division between SDR
accounts
and normal IMF operations.
This could even be taken one step further, with SDRs being allocated according to a new formula that
accounts
not just for IMF quotas, but also for demand (or need) for foreign-exchange reserves.
As a result, 69% of adults worldwide now have bank accounts, up from 62% in 2014 and 51% in 2011.
According to a study – cited in the World Bank report – by MIT’s Tavneet Suri and Georgetown University’s William Jack, mobile
accounts
have enabled 185,000 Kenyan women to leave farming and start more remunerative small businesses and retail activities.
Interestingly, there are six countries where more women than men have bank accounts: Argentina, Georgia, Indonesia, Laos, Mongolia, and the Philippines.
In 2011, only 35% of adults had bank
accounts.
Yet it should also be noted that 48% of
accounts
in India are “inactive” – that is, they have not been used at all in the previous 12 months.
That is the highest share of inactive
accounts
in the world, and exactly double the developing-country average of 24%.
As a result, wind, water, and solar power
accounts
for 31% of China’s total electricity-generation capacity, up from 21% in 2007, while nuclear power
accounts
for another 2%.
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