A new study by the credit rating agency Standard and Poor’s suggests that India may become the first “BRIC” country to lose …
brazil
Facebook Co-Founder Gives Up U.S. Citizenship — Is He Ungrateful, or Heroic?
Price of Orange Juice Futures Soars—Will OJ Prices at the Supermarket Do the Same?
First, it was coffee prices spiking last spring. Then, over the summer, the cost of bacon surged. Now, the price of another breakfast staple—orange juice—could suddenly be heading northward.
If American Consumers Won’t Save the Economy, Maybe Foreigners Will
Consumer spending accounts for 70% of all economic activity in the U.S. So in order for the economy to fully recover, consumers need to be willing to part with their cash frequently and in large quantities. The problem is that …
The State of the Economy, Investing, Housing, and Brazilian Bikini Waxes
Among other surprising factoids, 44% of Americans say they'll never put money in the stock market again.
G20 > G8 > UN
Sometime today, the G20 will be declared to have supplanted the G8 as the “permanent council for international economic cooperation.” Yay, G20! Having international economic confabs that didn’t include Brazil or India or China no longer made any sense. Then again, having a UN Security Council where France and the UK have veto power and …
