Tags » Economy

Brazil's economy is breaking down badly

Brazil just dropped its latest batch of GDP numbers, and they point to a deepening recession.

The country’s economy shrank 1.7% (link in Portuguese) in the third quarter versus the second, on top of a 2.1% contraction the previous quarter and a 0.8% dip the quarter before that. 139 more words

ISM Shows Manufacturing Contraction for November

Manufacturing took it on the chin in November. That is at least a part of what the Institute for Supply Management has signaled in its manufacturing report. 320 more words


Fraser Institute looks through the wrong end of the telescope

The Fraser Institute, a right wing think tank, has released a new report about barriers to internal trade and labour mobility in Canada. There’s a lot to dissect in the report, but I’d like to comment on the part that deals with labour mobility (geographic). 595 more words

Decent Work

Economy Update From NPR: S.C. Farmers Burdened By Catastrophic Rainfall, Crop Losses

S.C. Farmers Burdened By Catastrophic Rainfall, Crop Losses
Extensive flooding that drowned fields came on top of a summer of drought. Farming accounts for one out of every 10 jobs in the state. 16 more words

5 things to know about Canada's economic 'rebound' right now

Statistics Canada released Tuesday morning its latest snapshot of how the Canadian economy is getting on. The key takeway: the country’s economy is one again growing (at least on a quarterly basis, see below), generating jobs and generally providing improved wages for workers. 476 more words


Protesting Against SNP Government Cuts to Our Local Authorities

I was pleased to join Councillors from North and South Lanarkshire outside the Scottish Parliament last week to protest against SNP cuts to our local councils. 49 more words

Scottish Parliament

Is The US Federal Reserve Bank About To Commit The Sin Of Pride?


  • The Fed Funds Futures say a December 2015 rate raise is a near sure thing at 74%.
  • Many major currencies are down substantially against the USD in the last 1-2 years.
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