If you care to head to Baghdad - and are willing to wait in line - you can fill up your car with premium gasoline for 3.3 cents a liter (around 13 cents a gallon).  Basic gasoline goes for just more …

China's Alan Greenspan (Zhou Xiaochuan) has indicated China won't roil financial markets with "active composition adjustments of the foreign reserves."  fine.   But any central bank adding about $20 …

China's  August goods exports: $68 billion US July goods exports: $75 billion China should start exporting more goods than the USA in late 2005/ early 2006.  That is rather impressive.  It means tha…

Some days are marked by a surplus of good material.   The TIC data.  The second quarter current account data.  DeLong's magnus opus on what the great and good talked about on the margins of Jackson h…

They rose from $711 b at the end of June to around $740b at the end of July. if all $29b flowed into the US, it would be enough to finance about 1/2 of the July trade deficit.  And since the euro/…