The chart below shows the Leading Exchanges for Oil and Agricultural Commodity Derivatives. It is interesting that the three exchanges that are outside of the U.S. are in China and India. Click to enlarge Source: Price formation in financialized commodity markets, The role of information, June 2011, UNCTAD
The OECD released on a report last week discussing rising income equality and poverty since the global financial crisis. The report noted that income inequality based on the gini coefficient actually increased in the past few years in developed countries. This is not surprising as the poor and middle-class suffer more as jobs disappeared and many …
Continue reading ‘OECD: Income Equality Rises After The Financial Crisis’ »
Going to college in the U.S. is an expensive proposition for most students. Unlike other developed and even emerging countries, college education is not free in the U.S.. Students take out thousands of dollars in student loans to get a degree. State colleges are funded by tax-payers. However they too charge tuition which in many …
Continue reading ‘Outstanding Student-Loan Debt Rises Following Soaring College Tuition’ »
The automotive industry is one of the most important industries not only in developed countries but also in emerging countries. From China to Brazil and most developing countries in between governments are encouraging the growth of this industry. The prevalence of autos is still small in most developing countries compared developed countries. Hence the potential for growth in emerging …
Continue reading ‘Comparing Light Vehicle Density in Select Countries’ »
The U.S. population as of Mar 9, 2013 is 315,462,878 according to the POPClock by the U.S. Census Bureau. The World population as of the same date is 7,071,147,165. Some interesting facts on the U.S. population provided by the Census Bureau: White persons, percent, 2011: 78.1% Black persons, percent, 2011: 13.1% American Indian and Alaska Native persons, …
Continue reading ‘A Review of Legal Immigrants Into The U.S. From 1820 To 2010’ »