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Finance / the Economy

Iceland Credits Green Energy for GDP Growth

Mar 01, 2013 at 15:29 | Daniel J. Graeber

Iceland's president told members of the Organization for Economic Cooperation and Development that his economy was well-suited to serve as a laboratory for competing economic models. More than four years…

12 Negative Aspects of Globalization

Mar 01, 2013 at 15:09 | Gail Tverberg

Globalization seems to be looked on as an unmitigated “good” by economists. Unfortunately, economists seem to be guided by their badly flawed models; they miss real-world problems. In particular, they…

Why have GDP Growth and Energy Growth Separated?

Feb 11, 2013 at 17:01 | Dave Cohen

On Friday I put up the following chart, and invited readers to comment on what's wrong with it.

Where's the Crash?

Jan 31, 2013 at 09:39 | Mad Hedge Fund Trader

That was the questions traders were scratching their heads and asking this morning in the wake of this morning's shocking Q4, 2012 GDP figure.While most analysis were expecting…

Egypt's Revolution Going Nowhere Fast

Jan 30, 2013 at 17:07 | Daniel J. Graeber

The Egyptian currency this week hit a record low as the country grapples with post-revolution frustrations. That means it's becoming more expensive for the government to handle imports. Meanwhile, public…

Using Electricity Usage Data to Determine China's Real Growth Figures

Jan 21, 2013 at 16:31 | Dian L. Chu

China`s 4th Quarter China`s economy grew 7.9% for the fourth quarter of 2012, signaling to some that China might be rebounding from a two-year downtrend in economic growth.…

Which Economies Are Set to Soar in 2013?

Jan 14, 2013 at 17:09 | Economywatch

As the European Union mulls another year of economic stagnation and the United States a year of lacklustre and uncertain economic recovery, will emerging markets take the lead in global…

Despite Sanctions, Iran's Economy Limps Along

Jan 11, 2013 at 16:57 | John Daly

In the 20th century, upright moral nations developed a new method of showing international opprobrium to rogue nations, the implantation of economic sanctions, designed to modify a recalcitrant nation’s behavior…

Why 2013 Will End in a Severe Recession

Jan 08, 2013 at 16:11 | Gail Tverberg

We have been hearing a lot about escaping the fiscal cliff, but our problem isn’t solved. The fixes to date have been partial and temporary. There are many painful decisions…

Why Riyadh Cares about the "Fiscal Cliff"

Dec 31, 2012 at 14:56 | Daniel J. Graeber

Oil revenue made up more than 90 percent of the total revenues for Saudi Arabia despite a steady decline in production. With a choppy 2012 drawing to a close, the…

Energy Abundance vs Slow Growth Rates

Dec 21, 2012 at 17:36 | Gregor Macdonald

It was the best of times; it was the worst of times for the American public over the past month, as it was treated to two high-profile, but deeply conflicting,…

US Fighting Terrorism with Financial Weapons

Dec 11, 2012 at 16:59 | Claude Salhani

Forget about fighting fire with fire, it gets messy. Instead, find something as efficient, if not all the more so and that will convince your friends and foes alike that…

How Energy Leveraging has Increased Global Unemployment

Dec 07, 2012 at 17:00 | Gail Tverberg

If an employer wants to maximize profits, it will want to leverage its use of high-priced energy sources.  From an employer’s point of view, there are basically three kinds of…

Oil Markets Falling off the Cliff on OECD Concerns

Nov 28, 2012 at 16:34 | Daniel J. Graeber

Oil prices declined this week following a report from the Organization for Economic Cooperation and Development that major world economies were expected to make an "uneven recovery" over the coming…

Why NRGY Energy Offers Investors a Great Opportunity

Nov 06, 2012 at 16:53 | Alan Ellman

One of the best performing stocks in the Oil & Gas industry over the past 6 weeks has been NRGY Energy, ticker symbol NRGY. Here are the top 10 performers…

The Close Relationship between Economic Growth and Carbon Emissions

Nov 01, 2012 at 19:13 | Dave Cohen

Some readers didn't quite believe the premise in my reprinted Tuesday post How To Think About The Future (Redux). I'll repeat that assumption here.As we consider the…

U.S. Energy Trade Group Says Economy Sucks - Survey Proves It

Oct 22, 2012 at 17:43 | Daniel J. Graeber

The American Petroleum Institute said poor economic performance was pushing demand for petroleum products downward in the United States. Meanwhile, a survey published Monday by the Pew Research Center finds…

U.S. Economy "Below Potential," says OPEC

Oct 12, 2012 at 17:43 | Daniel J. Graeber

Oil supply growth in the United States is expected to be the highest for non-OPEC countries this year, the Vienna-based cartel said. With less than a month before U.S. voters…

Iran's People Suffer as Oil Income Protects the Government from Hyperinflation

Oct 05, 2012 at 17:38 | Juan Cole

The steep decline of the Iranian rial against the dollar has produced a lot of extravagant claims about the collapse of the Iranian economy. While there is no doubt that…

Iraq's Oil Exports Hide Broader Problems

Sep 06, 2012 at 17:40 | Daniel J. Graeber

Iraqi oil production reached its highest level in more than 30 years last month. Oil production in the country has steadily increased despite lingering violence and internal political rivalries. The…

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