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Germany Wants To Be A Player In The Global Fracking Boom
Germany wants to end its virtual moratorium on fracking, Der Spiegel reports. “Parliamentarians from Angela Merkel’s governing center-right coalition of the conservative Christian Democratic Union, their Bavarian sister party the Christian Social Union, and the pro-business Free...
- Posted 102 days ago
CONFIRMED: A Major New Source Of Global Demand Is Starting To Boom
Cool chart here from Nomura, which examines export from Asia’s “Big 4″ (China, Korea, Taiwan, Singapore). It shows the year-over-year change by end export destination. The real story, they note, is how fast the Rest Of Asia...
- Posted 123 days ago
BOOM: Nikkei Hits 10,000, An Eight-Month High
Japan’s stock market just opened, and the Nikkei rose above 10,000 for the first time since April 4. Before the markets opened in Asia, we learned that Japan’s exports fell 4.1 percent in November. However, this was...
- Posted 157 days ago
CHART: The Boom In Bank Complexity Since 1990
The NY Fed’s Liberty Street Economics’ blog has been running a series on the evolution of banks. The latest post takes a look at recent changes in bank structure. What’s particularly striking is the enormous growth in...
- Posted 308 days ago
America’s Jaw-Dropping Shale Gas Boom Is Starting To Slow Down
Everyone’s raving about the American shale gas revolution, which could make the country the next Saudi Arabia of energy. Indeed, the growth rate in shale gas production has gone geometric. However, things are showing signs of slowing...
- Posted 327 days ago
The Mining Boom Is Making Australians Dumber
We’ve posted a few highlights from Michael Casey’s The Unfair Trade, including why Chinese sweatshops can’t lose and the smart way to default on a loan. This passage describes how the mining boom in Australia has distorted...
- Posted 345 days ago