Category Archives: Uncategorized

Today’s Economist cover: By The End Of The Decade? America’s budget deficit is set to balloon as its population ages, the cost of handouts swells and the government’s interest bill rises.  We estimate that deficits could reach around 7% of gdp … Continue reading →

Data released on Monday showed South Korea’s shipments abroad fell 14.2% in April, steeper than economists’ expectations for a 12.2% decline. Korean exports are a bellwether for international trade because the nation sells a lot of essentials for supply chains — like semiconductors, computer … Continue reading →

The U.S. budget deficit is approaching $2 trillion on a 12-month rolling basis. Without the central bank – Fed and foreign – financing, it will eventually bite the financial markets hard.  And then there is the political issue of the … Continue reading →

Service inflation x/ energy services remain close to the February peak of  7.3 percent.  The Fed is watching. 

Plurilateralism refers to trade and investment negotiations between three or more countries, but fewer than all World Trade Organization (WTO)  members. Plurilaterals can occur inside the WTO, where non-signatories still receive the benefits through the most-favoured-nation requirement. – EastAsiaForum

As every major country in Latin America shifts to the left in reaction to widening inequality, capital is flying out of the region. Wealthy and, increasingly, middle-class investors are looking for a Plan B in case of more economic and political … Continue reading →