The Economic Impact of Lower Oil Prices on Leading Exporting Countries
by Elliott Morss, Morss Global Finance
Introduction
We think of oil exporting countries as financially sound with significant international reserves. And this is certainly valid for most of the Middle East sheikhdoms. But there are other exporters where the oil price drop will have a major impact. Below, the economic impact of lower oil prices on the leading exporters is examined.
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Betting on India
Written by Steven Hansen
I have spent the majority of my life outside the USA. My view of the world is very different than most all people both in and outside the USA. One thing I have learned - that the perceptions or conclusions of a non-native writing on a country are almost certainly wrong.
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What We Read Today 10 January 2015
Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary "reading list" which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for "reading list" items are gratefully reviewed, although sometimes space limits the number included.
Europe Stocks Drop for Second Week as Banks Fall to 16-Month Low (Namitha Jagadeesh and Jonathan Morgan, Bloomberg) In the longest losing streak in almost three months, the Stoxx Europe 600 Index lost 1.3% to 337.93 on above average volume. Biggest concerns: (1) ECB's (European Central Bank) bond-buying plans won't be enough to shore up the economy; and (2) a U.S. employment report showed a drop in hourly earnings. Today's decline brought the measure down 1% for the week.
Art Donovan On The Tonight Show
This must be the best interview by any football player...ever. To this day it was the greatest sports talk show of all time and 90% of it was Artie Donovan telling stories about the old days. If Artie had ever decided to become a stand-up comic he would have been one of the all-time greats! The NFL's greatest storyteller.
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Reserve Banks Provided Payments of $98.7 billion to the U.S. Treasury in 2014
from the Federal Reserve
The Federal Reserve Board on Friday announced preliminary unaudited results indicating that the Reserve Banks provided for payments of approximately $98.7 billion of their estimated 2014 net income to the U.S. Treasury. Under the Board's policy, the residual earnings of each Federal Reserve Bank are distributed to the U.S. Treasury, after providing for the costs of operations, payment of dividends, and the amount necessary to equate surplus with capital paid-in.
Historical Echoes: Metaphors, Similes, and Analogies for Monetary Policy
by Amy Farber - Liberty Street Economics, Federal Reserve Bank of New York
Metaphors, similes, analogies - we know they're not the same thing, but they can do pretty much the same job when illustrating what monetary policy is like (or what anything is like). Here are a few such monetary policy comparisons from some notable economists and commentators. For some reason, they all seem to involve physics. More exist, of course.
15 Investment Tips for 2015
from the Securities and Exchange Commission
Whether you're a first-time investor or have been investing for years, here are fifteen tips to help you make more informed financial decisions and avoid common investment scams in 2015.
Sun and Wind could Finally Make Electricity 'too Cheap to Meter'
by Roger Kemp, The Conversation
Our children will enjoy in their homes electrical energy too cheap to meter.- Lewis L Strauss, chair of the US Atomic Energy Commission, 1954.
When Strauss first coined the phrase above he was thinking of hydrogen fusion, a technology that always seems to be a tantalising 30 years away. However even without futuristic new technology the British electricity system may actually approach this mythical situation of energy that is 'too cheap to meter'.
Rail Week Ending 03 January 2015: Increased Rail Traffic for the Week, Month of December, and 2014
Econintersect: Week 53 of 2014 shows same week total rail traffic (from same week one year ago) improved according to the Association of American Railroads (AAR) traffic data. Our analysis of the AAR data will light this week as there was no week 53 last year - and we are smiling thinking of how the AAR could analyze a leap week.
Infographic of the Day: International Travel and Mobile Data
In this travelling world, the internet and the mobile are slowly creeping in as the preferred mode to plan itinerary and communicate when abroad.
Investing.com Weekly Wrap-Up 09 January 2015
U. S. stocks lower at close of trade
by Investing.com Staff, Investing.com
U.S. stocks were lower after the close on Friday, as losses in the Financials, Consumer Services and Industrials sectors led shares lower.
At the close in New York, the Dow Jones Industrial Average fell 0.95%, while the S&P 500 index fell 0.84%, and the NASDAQ Composite index declined 0.68%
January Divorce Rush Dates Back to the Middle Ages
by Frederik Pedersen, The Conversation
January is a strain for most people. It's dark and the festive lights don't disguise this anymore. You're back at work and the next holiday may be some way off. You've just had to spend a large amount of time with your family. This has consequences.
The Chicken Parliament
by Rudo de Ruijter
Once upon a time, in a village in the country, there was a farm with a big poultry-house. During the day the chickens walked outside and in the evening they went inside on their roosts. Although most often the same cocks and hens claimed the best places, things went generally peacefully and friendly.
WhatsApp Closing In On A Billion Users
by Felix Richter, Statista.com
WhatsApp, the messaging app Facebook acquired for $19 billion in February 2014, has recently passed the 700 million user mark, the company's co-founder and CEO Jan Koum announced in a Facebook post yesterday.
