Yesterday the BLS released the unemployment data for the month of June. A total of 467,000 jobs were lost in June and the unemployment rate remained almost the same at 9.5%. The Eurostat also released the unemployment report for the EU but for the month of May. The unemployment rate in the Euro area stood …
Continue reading ‘Spain has the Highest Unemployment Rate in EU at 18.7%’ »
Source: Broad Money Demand and Asset Substitution in China, Ge Wu, IMF Working Paper
The Organisation for Economic and Co-operation and Development (OECD) released the “OECD Health Data 2009” report which compares the health care statistics across OECD countries. Some of the key points from this study comparing the U.S. health care system with other countries are listed below: In 2007, the total spending for health care accounted for …
Continue reading ‘A Comparison of U.S. Health Care Spending with Other OECD Countries’ »
One of the biggest risks of investing in emerging markets is that capital inflows from advanced countries can stop suddenly. This can be due to many reasons such as political problems, higher possibility of higher return in advanced countries, over-heating of the emerging market economies, etc. When capital inflows into emerging markets stop suddenly the …
Continue reading ‘What happens when Capital Flows to Emerging Markets Stop Suddenly?’ »
The latest trade data shows that US exports to fell slightly in April over March. However imports were up.Imports have picked up since reaching lows in February. The trade deficit with China continues to be still high since the US imports more than four times what it exports to China. US exports to China is …