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International efforts, such as the Paris Agreement, aim to reduce greenhouse gas emissions. But experts say countries aren’t doing enough to limit dangerous global warming.
September 20, 2004
Budget, Debt, and DeficitsThere is a common sense that social security is bankrupt and people now in their 20s and 30s won’t get anything from it. That is false. Social security can fund all projected benefits until someti…
October 13, 2004
United StatesOil above $50 a barrel is not good for the U.S. trade balance. Higher oil prices are a tax on US consumers, with the proceeds pocketed by oil exporters. If oil stays above $50 in November and Decem…
November 10, 2004
United StatesMonthly exports set a record sounds better than third highest monthly trade deficit ever, or second highest monthly imports ever. All accurately describe this month’s trade release.The fact that exp…
December 11, 2004
United StatesI am going to be away from my desk next week, and don’t expect to be posting much -- at least not until next Friday. I’ll miss three key data releases:The October trade data on Tuesday.The October T…
December 18, 2004
I missed the actual release, but it is worth noting that the "guts" of the October trade data are rather discouraging. Forget the headline number: we knew it would be bad because of oil. Look at wh…