Brazil

War And Empire: The American Way Of Life

What the majority of Americans are conditioned to think they know about their past (and that of many other peoples) is myth, and too often, sheer illusion. Misdirection and manipulation about proclaimed threats from abroad since 1945 has led directly into wars and unjust armed interventions and coups in many other nations. The results are always tragic on a colossal scale.

A Problem Emerges: Central Banks Injected A Record $1 Trillion In 2017... It's Not Enough

Having accelerated for four straight quarters from 2015q4 to a local peak of +5.0 percent in 20167q4, q1 saw the first slowing in global liquidity to a year over year growth rate of just 2.23 percent. In absolute terms it was $29.5 trillion, almost unchanged from 2016q3. This means that even a record $1 trillion in central bank liquidity is no longer enough.

These Are The Most Expensive (And Best) Cities Around The World

Every year Deutsche Bank releases its fascinating index of real-time prices around the world which looks at the cost of goods and services from a purchase-price parity basis, to determine the most expensive - and in this year's edition, best - cities. Here is what it found this year...

The Least Explicable Bubble Of All

Of all the mini-bubbles now inflating out there, maybe the least explicable is the race among emerging market companies to borrow dollars. This has gotten them – and their governments — in huge trouble so many times in the past that you’d think dollar debt would be kind of a hot stove thing for Brazilians and Mexicans.

March Trade Deficit Shrinks To Smallest Since October

The US Trade Balance shrank to $43.7 billion in March, from an upward revised $43.8 billion in February, marking the month's deficit the smallest since October and less than the conesnus estimate of $44.5 billion. Imports declined by $1.7 billion, or 0.7%, to $234.7 billion, while exports dipped fractionally more, or 0.9%, even as the recently weaker dollar did little to boost US exports. Notably, the US trade deficit with China was $31.4 billion, followed by the European Union at $10 billion.

Study Finds That Populist Leaders Generate 'Yuge' Equity Rallies Averaging 150% Over 3 Years

"If the last two decades of anti-establishment rule are any guide, the world may be on the brink of some monster stock rallies as it takes a turn toward populism.  A look at 10 of the 21st century’s most recognized populist leaders shows that in the three years after their election, local equities soared an average of 155 percent in dollar terms. And the rallies often continued as long as a decade after the vote."

Maduro Hands Out Free Homes, Hikes Minimum Wages To Counter Angry Protest Wave

Days after Venezuela was rocked by the worst riots in over a year, with nearly 30 people dying in April from violence related to protests demanding the departure of Maduro who has again been accused of violating democratic norms, Maduro responded by hiking salaries and handing out free homes as he tries to counter a strengthening protest movement calling for his removal.

Where Does The World's Biggest Oil Importer Get Its Crude

China is the world’s largest net importer of crude oil, and in recent years, China’s crude oil imports have increasingly come from countries outside the Organization of the Petroleum Exporting Countries (OPEC). While OPEC countries still made up most (57%) of China’s 7.6 million barrels per day (b/d) of crude oil imports in 2016, crude oil from non-OPEC countries made up 65% of the growth in China’s imports between 2012 and 2016.