One reason that President Barack Obama is stumping for more investment in infrastructure to support trade is that exports boost GDP growth.
U.S. exports’ contribution to GDP growth in one chart
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Monthly Archives: November 2013
Twitter and the coming crisis
In the week that Twitter went public at a stratospheric valuation the U.S. Fed set the stage for yet more aggressive monetary policy. Both events will bear some bitter fruit.
The rising price of staple foods in one chart
Global food prices look to be less volatile in the short-term, but climate change will likely drive them higher in the long-term.
Draghi eyes the dragon of deflation
ECB head Mario Draghi has also dusted off his “whatever it takes” line from 2012, saying the bank stands ready to cut rates further and to keep pumping liquidity into the banking system well into 2014.
E.U. wastes €7 billion of its budget
European Union funding rules are so complex that 4.8% of the E.U.’s budget is being misspent, auditors find.
Sialkot, soccer and a stitched-up labor market
The pursuit of a perfectly round soccer ball brought unintended woe to the Pakistan city that was world’s soccer-ball capital.
The QE deflation puzzle
The evidence that central banks’ main policy response to the Great Recession, quantitative easing, can kindle inflation, much less revive an economy, is decidedly mixed.
That tires show
The proposed takeover of Cooper Tire, the U.S.’s fourth-largest tile maker, by India’s Apollo Tires, has the makings of a sit-com.
2013 to be record year for offshore wind
How quickly can the world harness its growing capacity for wind power generation at sea to give it a more prominent place in the new energy economy?
E.U.’s Public Prosecutor’s Office limps into being
An independent agency in charge of protecting the E.U.’s financial interests would go after the €500 million reckoned to be being lost to fraud.
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