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Introduction
Over the last several decades, governments have collectively pledged to slow global warming. But despite intensified diplomacy, the world is already facing the consequences of climate…
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April 4, 2007
United States
The income balance — the new driver of the US current accout deficit?
Many analysts believe – extrapolating from the q4 data and the stabilization of the non-oil trade deficit – that the US current account deficit has peaked. Stephen Jen is the most prominent example,…
February 13, 2007
United States
The 2006 trade data
It seems to me that there are at least three big stories in the US trade data, maybe four or five ...The first is that US exports grew quite strongly in 2006. And goods exports outperformed services…