Different Sectors of the US Economy
A competitive and productive economy, the US Economy is apparently largest in the world. It is a capitalist economy, which registered a 2.1% GDP growth rate in the 2nd quarter of 2008. Services form the major sectors of the US...
Your Daily Bread is Goldman Sachs’ Hottest Commodity
In a shocking report by Frederick Kaufman that has been featured on the Foreign Policy website, the role of Goldman Sachs and its Wall Street cohort in creating the food crisis has been revealed. Frederick uncovers the 1991 scheme where...
Who Are These Pesky Speculators?
4 May 2011. By clicking on this story, you may be a speculator if you thought this information might add value to your knowledge base, or your bank account. The only risk is your time. Oil and other market speculators...
The Economics of Osama’s Death
3 May 2011.When Osama bin Laden and Al-Qaeda attacked the World Trade Center on 9/11 nearly ten years ago, they sought to achieve two separate effects. The first was obvious – causing the death of human lives. The second however...
The Economics of the Royal Wedding
30 April 2011. No one seems to really know the real cost of Kate Middleton and Prince William’s Royal Wedding that took place in Westminster yesterday – but they’re taking a good guess. Some reports put the cost as high...
Emerging and Developing Economies Export, Import and Trade
The emerging and developing economies are expected to drive global trade growth by more than 8 percent annually in 2011 and 2012 according to the Organisation for Economic Co-operation and Development (OECD). BRICS (Brazil, Russia, India, China and South Africa),...
Emerging and Developing Economies Economic Structure
The emerging markets was a term coined by World Bank economist Antoine W. The emerging markets was a term coined by World Bank economist Antoine W. van Agtmael in 1981 in reference to nations that were undergoing rapid economic growth...
Emerging and Developing Economies Industry Sectors
A key characteristic of emerging and developing economies is the shift from agriculture to the industrial and services industries. While agriculture is often a vital component for an emerging economy’s GDP, most countries seek to diversify into more high-value industries....
Emerging and Developing Economies Economic Forecast
While emerging and developing economies promise the most growth compared to more advanced economies, its potential is often accompanied by higher risks and greater uncertainty. At an individual level, this uncertainty is higher in countries with volatile social and political...
Why Is Iran Not in the G20?
25 April 2011.For most countries, getting invited to a G-20 summit is like being invited to an exclusive party held by the most popular kids in school. Although everybody wants to attend the party, only the popular kids (the G-20...
Hong Kong Jobless Thanks To Minimum Wage Law
Michael Chan, Chairman of Fast-Food Giant Cafe de Coral: Will issue a profit warning if the hourly rate proposed by the unions became law. Credit: For91days 21 April 2011. Michael Chan, Chairman of Fast-Food Giant Cafe de Coral: Will issue...
The Euro Zone’s Inbuilt Flaw: Rising Rates Punishes the Weak
Fastest Euro Zone Price Rise in 3 Years Credit: jurjen_nl 20 April 2011. Fastest Euro Zone Price Rise in 3 Years Credit: jurjen_nl 20 April 2011. Are all nations in the European Union created equal? The European Central Bank seems...
China Luxury Market
Since inflation in China is perhaps the hottest topic in world political economy -- with the possible exception of the almost total collapse of governance in the US ;-) -- we thought this might be a good time to take...
Israel: The Saudi Arabia of Shale Oil ???
13 April 2011. 13 April 2011.Last summer, we ran an item about a subject that, while surprising to many at the time, has since become well-known: that huge deposits of natural gas had been found along Israel's northern coastline. As...
Trying to “Hide” Food Stagflation
7 April 2011. 7 April 2011.Stagflation -- paying more and getting less -- has hit the world food industry big-time.But you won't necessarily notice it.Because food companies are "hiding" it by downsizing their packages while maintaining -- or even raising...