By Egon von Greyerz – Re-Blogged From Gold Eagle
Many emerging markets are now turning to submerging markets as country after country is experiencing falling economies, currencies and stock markets.
The currency is often the best indication of a country’s economic health. Just look at these six currencies submerging into obscurity:
Re-Blogged From Stratfor
Highlights
(AFP/Getty Images)
By John Rubino – Re-Blogged From Dollar Collapse
One of the things giving “data-driven” central banks wiggle room on their pledge to tighten monetary policy is the fact there are several definitions of inflation. In the US the thing most people think of as inflation is the consumer price index, or CPI, which is now running comfortably above the Fed’s target. But the Fed prefers the personal consumption expenditures (PCE) price index, which tends to paint a less inflationary picture. And within the PCE universe, core PCE, which strips out energy and food, is the data series that actually motivates Fed action.
By John Rubino – Re-Blogged From Dollar Collapse
Oil prices are up over the past year, which is bad if you’re, say, a developing country that imports a lot of the stuff. But the US dollar (aka the petrodollar) is also up, which compounds the problem because oil is priced in dollars. So Brazil, for instance, finds itself buying an appreciating necessity that’s priced in an appreciating currency:
Steep Oil and Strong Dollar Make Toxic Brew for Global Economies
‘Brutal’ rally in dollar-priced crude hammers governments, strains consumers from U.K. to Brazil.
Re-Blogged From Stratfor
Table of Contents
(ALY SONG-POL/JOHANNES EISELE/HULTON ARCHIVE/MLADEN ANTONOV/TIMOTHY A. CLARY/ABID KATIB/KATJA BUCHHOLZ/DAVID MCNEW/ATTA KENARE/FOverview
China Remains in the U.S. Crosshairs. The United States will impose tariffs, sanctions and blocks on investment and research in a bid to frustrate China’s development of strategic technologies. China not only has the tools to manage the economic blow, but will also accelerate efforts to lessen its reliance on foreign-sourced technological components.
Trade Battles Fall Short of a Full-Fledged War. Trade frictions will remain high this quarter as the White House continues on an economic warpath in the name of national security. U.S. tariffs will invite countermeasures from trading partners targeting U.S. agricultural and industrial goods. As Congress attempts to reclaim trade authority, the White House will refrain from escalating these trade battles into an all-out trade war.
By Thomson Reuters – Re-Blogged From Newsmax Health
Shortages of some life-saving antibiotics are putting growing numbers of patients at risk and fuelling the evolution of “superbugs” that do not respond to modern medicines, according to a new report on Thursday.
The non-profit Access to Medicine Foundation (AMF) said there was an emerging crisis in the global anti-infectives market as fragile drug supply chains – reliant on just a few big suppliers – come close to collapse.
Bu Onan Coca – Re-Blogged From Freedom Outpost
If you keep an eye on the media these days, you may notice that whenever they talk about guns, they talk about “gun homicide” as well. As if these two figures are inextricably linked and tell the whole story of the gun debate.
It’s simply not so.
An interesting graph that appeared on Facebook reminded me of the lies the anti-gunners tell using cherry-picked crime stats.
