Posts
There
is a whole lot of economic news and data that point the way things
are going in 2013.
Thanks
to Rice Farmer
Global
economic news
"Suicides
by economically hard-pressed Spanish individuals accentuated the
Iberian nation's financial crisis as Eurozone leaders
warned of more trouble ahead in 2013."
"Euro
zone factories sank deeper into recession in December as new orders
tumbled, business surveys showed yesterday."
"The
story of how the World Bank's investment arm hands out
billions in loans to wealthy tycoons and giant
multinationals in some of the world's poorest places."
"India’s
record current-account deficit threatens to weigh on the rupee
and curb the magnitude of interest-rate cuts forecast to
begin this month in support of government policies seeking
faster growth."
Ah
yes, gold is the enemy, isn't it? Well, at least India is being
honest about it. -- RF
Visualizing
the Keynesian Endpoint (Infographic)
"South
Korea’s government is moving to bar foreign shipping lines
from contracts in the state-run energy sector as it supports
domestic companies struggling to recover from the global
downturn."
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