Blessed by Nature, Cursed by Politics
The evidence is as strong as it is puzzling: countries that have a lot of natural resources -- things like oil, gas and minerals -- tend to be poorer than those that don't.
The evidence is as strong as it is puzzling: countries that have a lot of natural resources -- things like oil, gas and minerals -- tend to be poorer than those that don't.
Leslie Lipschitz | Posted 05.25.2011
It's one of the perennial questions in economic policy-making: How do we best manage the economic and social challenges that stem from resource wealth?
Alan W. Silberberg | Posted 05.25.2011
Get your armor on, and keep it on. Otherwise, you will be stripped bare.
Michael Likosky | Posted 05.25.2011
On Labor Day, President Obama announced a National Infrastructure Bank to direct our reinvestment in American infrastructure. In doing so, he returned...
DK Matai | Posted 05.25.2011
Editor's Note: This post has been removed from the Huffington Post....
Eric C. Anderson | Posted 05.25.2011
China is simply looking to assuage the T-note market long enough to get a large chunk of Beijing's foreign exchange reserves out of Washington's hands.
Eric C. Anderson | Posted 05.25.2011
If the economists are correct, China owns about 9% of our total national debt. Contrary to popular opinion, Beijing could sell that debt with few long-term consequences for China's economy.
washingtonpost.com | Howard Schneider | Posted 05.25.2011
Senior officials in the Obama administration and at the Fed say they are counting in part on foreigners to keep the housing market funded. ...
Eric C. Anderson | Posted 05.25.2011
Guess what, the Chinese are now ready to invest...in apparently anything but more U.S. Treasury notes. A great deal of evidence suggests they are seeking to diversify.
Eric C. Anderson | Posted 05.25.2011
I used to have a bumper sticker on my truck that read, "If you are not outraged, you are not paying attention." This sentiment was specifically aimed...
Raymond J. Learsy | Posted 05.25.2011
To paraphrase Mr. Gartman, "when I don't understand what is happening, I get out the market."
Raymond J. Learsy | Posted 05.25.2011
Speculation and psychology go hand in hand. The Department of Energy has it within its powers to change the temper of the marketplace.
Eric C. Anderson | Posted 05.25.2011
You know we have a problem when Moscow begins searching for an alternative to investing in U.S. Treasury notes.
Raymond J. Learsy | Posted 05.25.2011
The good nabobs of OPEC are going to Vienna to munch their strudel, lamenting about the urgency to push prices to the $75-80/bbl level before they can order a second course.
Eric C. Anderson | Posted 05.25.2011
When the Chinese stop -- or dramatically curtail -- their purchase of U.S. Treasury notes Washington is going to have to find a new creditor. Good luck.
Stephen Herrington | Posted 05.25.2011
Low incomes are what defines a Third World economy. High incomes are what power and define a First World, prosperous, economy.
Raymond J. Learsy | Posted 05.25.2011
It is good news that the CFTC is awakening from its reverie and beginning to deal with the core issues of oil trading. But it is still too much of a hit/miss operation with a degree of insouciance.
Raymond J. Learsy | Posted 05.25.2011
The price of oil has done for Russia what the cold war Kremlin was unable to achieve with all its missiles, tanks and mind numbing divisions of men and armor.
Raymond J. Learsy | Posted 05.25.2011
Hugo Chavez is not a friend of ours, but he does come up with some good ideas, since we are dealing with a commodity that has left all ballast of free market determination far behind.
Marcelo Giugale | Posted 03.13.2012