The title of today’s letter can refer to many countries where the vested interests of politicians take precedence over decisions favorable to their constituents. I am going to talk about the crisis in the United States over the debt ceiling and the country’s ability to …
Image: on Twitter/@RobinBrooksIIF Not everywhere; countries like Argentina still have three-digit inflation. Also interesting: Image: The Economist, shared on Whatsapp. Hence, the revaluation of their currencies vs. the US Dollar. Another interesting graph: Image: on Twitter/@pkedrosky. The perception is that AI is a force that will change the world. It will undoubtedly alter labor markets, …
Érase una vez un hermoso país en medio de dos océanos donde la naturaleza era hermosa y generosa; sus gentes eran diversas en apariencia, cultura y dialectos; construían pirámides, calculaban calendarios, rendían culto y registraban el movimiento de los cuerpos celestes. Milenios después, su cultura …
Once upon a time, there was a beautiful country in the middle of two oceans where nature was gorgeous and generous; its people were diverse in appearance, culture, and dialects; they built pyramids, calculated calendars, worshiped, and registered the movement of celestial bodies. Millennia later, …
Asia and the Pacific are a relative bright spot amid the more somber context of the global economy’s rocky recovery. As the chart shows, the region will contribute about 70 percent of global growth this year—a much greater share than in recent years, boosted by China’s Reopening. The …
With President Biden’s announcement that he will seek reelection in 2024, a new confrontation with former President Trump, who seems to be the Republican with the best chance of being his party’s candidate, is on the horizon. It is incredible that in a country of …
Overview The outlook is uncertain again amid financial sector turmoil, high inflation, ongoing effects of Russia’s invasion of Ukraine, and three years of COVID The baseline forecast is for growth to fall from 3.4 percent in 2022 to 2.8 percent in 2023, before settling at …
George Friedman To read the whole document, the controls for turning pages and zooming in or out are at the bottom left corner above. ” I should emphasize that while presidents are important, they are not the driving force of history.” … ” It is impossible …
