An updated version of this post is available here. Presidential candidate Bernie Sanders has reopened the healthcare debate by urging America to adopt a system more like that of other wealthy countries. “The United States is the only major country on earth that doesn’t guarantee health care to all people,” he says, “And we end […]
The presidential campaign has brought new attention to the problem of banks that are too big to fail (TBTF). As everyone agrees, the largest banks are bigger than ever. As the following chart shows, the share of all bank assets held by the four largest banks rose from 33 percent in 2007 to 41 percent […]
Progressives see climate change and economic inequality as two of the big problems of our time. As the global aid organization Oxfam points out in a recent media briefing paper, “Extreme Carbon Inequality,” the two are “inextricably linked.” But just what is the nature of the linkage? Does inequality cause climate change? Does climate change […]
By Colin Chilcoat of Oilprice.com Regarding the Middle East and its oil, the late Sheikh Rashid Bin Saed Al Maktoum, longtime Emir of Dubai and Prime Minister of the United Arab Emirates, once famously remarked: “My grandfather rode a camel, my father rode a camel, I drive a Mercedes, my son drives a Land Rover, his […]
photo by: Francisco Anzola Key takeaway – In a challenging global and regional context, Qatar is rising to prominence. The global economy is characterized by weak fundamentals, below-potential growth and low inflation. The regional outlook is hampered by political instability and declining oil prices. By leveraging its resources and location, Qatar is trying to make the […]
Here’s a clever & timely graphic on the final day of the pope’s visit to NYC: A new Pew Research Center survey shows a clear correlation between higher levels of education and having a favorable view of Pope Francis. Data Curated by prettyfamous.com and sourced from Gracenote. (Original data from Pew Research Center.)
The stagnation of the economy is no reason to lower ecological requirements for oil companies. On September 9 and 10, Khanty-Mansiysk hosted the Global Forum on the gas flaring reduction solutions, organized by the World Bank’s Global Gas Flaring Reduction Partnership (GGFRP). The event is conducted once every three years, and this month it was […]
In 2015 Italy is expected to return to growth on an annual basis after three consecutive years of contraction, and after having lost more than 9% of GDP in real terms since 2007, one year before the beginning of the global financial crisis. This is certainly a welcome development. At the same time, the major […]
RGE’s Kevin Harris has a nice preview of the July FOMC meeting: in brief, FOMC members are locked and loaded, ready for a September hike, though they will refrain from committing to a move and do their best not to cause an overreaction across the yield curve, where too few hikes are priced in relative to the […]
