The live chart for the “Public Debt to GDP ratio” and “External Debt to GDP ratio” of select countries can found in the US Debt Clock site. Click to enlarge Source: US Debt Clock The screenshot above is as of November 6, 2011. For the latest data please go to their website.
The current US National Debt is over $14.8 Trillion. Much of this debt is owed to U.S. residents. Among the external creditors, China is the largest holder of U.S. debt. The U.S. spends a large portion of its budget each year in the form of interest payments to service the huge debt load. The following …
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The Global Finance magazine has published its first-ever ranking of the Safest Banks in Emerging Markets. While the banking industry in the developed world is struggling to gain some credibility, investors are increasingly focusing their attention on emerging market banks which are much more risk-averse and have better potential for growth. In fact, many developed …
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Brazil, Russia, India and China vary widely in terms of goods exports as shown in the following graph. Manufactured goods form a major portion of goods exports for China and South Korea compared to agricultural products, fuels and minerals. Russia’s goods exports is dominated by crude oil and natural gas. India is also a large …
The percentage of population living in poverty continues to decline in Brazil but is increasing in the U.S. in recent years. The following chart shows the decline in poverty and income distribution in Brazil since 1990: Click to enlarge Source: Economic Survey of Brazil, OECD The OECD report notes that the poverty rate has declined …
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