China Is Now The World’s Largest Importer Of Oil – What Next?

China IsNowTheWorld’sLargestImporterOfOil – WhatNext? http://feedly.com/k/H7hvt5 SubmittedbyRoryJohnsonviaOilPrice.com, Last month the world witnessed a paradigm shift: China surpassed the United States as the world’s largest consumer of foreign oil, importing 6.3 million barrels per day compared to the United States’ 6.24 million. Thistrendislikelytocontinueandthis gap islikelytogrow, accordingtotheEIA’sOctobershort-termenergyoutlook. Wood Mackenzie, a leading global energy consultancy, echoed this prediction, estimating Chinese oil imports will rise to 9.2 million barrels per … Seguir leyendo China Is Now The World’s Largest Importer Of Oil – What Next?

Elecciones europeas 2014: Las élites económicas sostienen al euro | Presseurop.eu: actualidad europea, viñeta s y revistas de prensa

Elecciones europeas 2014: Las élites económicas sostienen al euro | Presseurop.eu: actualidad europea, viñetas y revistas de prensa http://feedly.com/k/1fSUY1I shared via http://feedly.com Seguir leyendo Elecciones europeas 2014: Las élites económicas sostienen al euro | Presseurop.eu: actualidad europea, viñeta s y revistas de prensa

Limits to Nature

LimitstoNature http://feedly.com/k/1de2PGf Guest Post byGraemeMaxton Wecannotmanagethelimitsofnaturebecausethey arelimits. We want to live in a world without limits. Like long distance runners and racing car drivers, humankind is always trying to overcome limits, to achieve more. As we make breakthroughs, it is easy to think that we already live in such a world. Even so, there is a maximum speed that we can run, even drug enhanced. … Seguir leyendo Limits to Nature

U.S. National Debt Over $17 Trillion – Surges $328 Billion In A Single Day

U.S. NationalDebtOver $17 Trillion – Surges $328 BillionIn A Single Day http://feedproxy.google.com/~r/zerohedge/feed/~3/w1OuuJRFeiY/story01.htm Today’s AM fix was USD 1,316.00, EUR 962.27 and GBP 814.05 per ounce. Friday’s AM fix was USD 1,317.00, EUR 962.09 and GBP 813.16 per ounce. Gold fell $5.60 or 0.42% Friday, closing at $1,314.10/oz. Silver rose $0.08 or 0.37% closing at $21.88. Gold and silver were both up on the week at … Seguir leyendo U.S. National Debt Over $17 Trillion – Surges $328 Billion In A Single Day

The European Crisis: Lessons from the 1920s, the Gold Standard, and Historical Trilemmas

TheEuropean Crisis: Lessonsfromthe 1920s, theGoldStandard, andHistoricalTrilemmas http://feedly.com/k/1i7MbFT Yves here. This post by Michael Bordo and Howard James finds significant parallels between the 1920s and the economic and policy conflicts facing the Eurozone, which does not speak well for them being resolved tidily. The post is dense at points but it is very much worth your attention. ByMichael Bordo, professorofEconomicsatRutgersUniversityandHarold James, professorofHistoryatPrincetonUniversity. CrosspostedfromVoxEU TheEurozone’stangleofconflictinggoals – a … Seguir leyendo The European Crisis: Lessons from the 1920s, the Gold Standard, and Historical Trilemmas

Abenomics Humiliated Again As Japan Posts 15th Consecutive (And Record) Trade Deficit

La explicación posiblemente sea que no han estimado bien las elasticidades precio de las exportaciones y las importaciones AbenomicsHumiliatedAgain As JapanPosts 15th Consecutive (AndRecord) TradeDeficit http://feedly.com/k/H6Ha5a Every month we say it, and every month it just keeps getting worse: RIPAbenomics… until next month, when it will be RIP-er. Overnight Japan posted its latest, September, trade numbers which were absolutely abysmal, as the trade deficit rose … Seguir leyendo Abenomics Humiliated Again As Japan Posts 15th Consecutive (And Record) Trade Deficit

Europe’s Recovery In Context: So Far In Q3, 13 Of 17 Reporting Companies Miss Revenues

Europe’sRecoveryInContext: So FarIn Q3, 13 Of 17 ReportingCompaniesMissRevenues http://feedly.com/k/19ZvJVy That the US is set to have its third consecutive quarter with revenue declines (followed by the fourth in a few months, when all the misses will be blamed on – what else – the Tea Party), is by now well-known and greeted by stocks which have given up on any fundamentals (that this happens even … Seguir leyendo Europe’s Recovery In Context: So Far In Q3, 13 Of 17 Reporting Companies Miss Revenues