Global growth is projected at –4.9 percent in 2020, 1.9 percentage points below the April 2020 World Economic Outlook (WEO) forecast. The COVID-19 pandemic has had a more negative impact on activity in the first half of 2020 than anticipated, and the recovery is projected …
U.S. International Transactions, First Quarter 2020 and Annual UpdateCurrent Account Deficit Narrows by 0.1 Percent in First Quarter Current Account Balance, First Quarter The U.S. current account deficit, which reflects the combined balances on trade in goods and services and income flows between U.S. residents and residents …
The Power of Mathematical Thinking, by Jordan Ellenberg. (Vilas Distinguished Achievement Professor of Mathematics at the University of Wisconsin-Madison). The Freakonomics of math—a math-world superstar unveils the hidden beauty and logic of the world and puts its power in our hands. The math we learn in school …
In response to a question at Berkshire’s annual meeting, Warren Buffet said: ” Berkshire will never get it in a position where it needs money. And we factor in, like I said, we factor in some things that are not ridiculously unlikely. And I’m not …
On June 23, in one of his public comments, President Donald J. Trump was bragging about the beauty of his fortress-like wall at the Mexican border. For the 56th occasion in the past few months, he thanked Mexico and its president in particular, for …
