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Japanese carmakers have rapidly recovered from the earhtquake and tsunami in Japan and floods in Thailand that disrupted supply chains. Toyota has also recovered from the damage to its image after recalls in the U.S. market with U.S. market share at over 15% by the second quarter of 2012.
Linked Articles
Wall Street Journal 08/04/2012
Japan Auto Makers on a RollWall Street Journal 04/22/2012
Linked Articles
India's Grain Storage Comes Up Short
Wall Street Journal 04/13/2012
Indian Fiber Weaves a CrisisWall Street Journal 06/23/2012
Without a new approach to increasing health care costs, especially considering the demographic changes in the U.S. with more people on Medicare in future years, the problems of defunding other areas such as education, R&D, and infrastructure, to fund these increases is likely to continue. Estimates show that the 50 million Americans enrolled in Medicare in 2012 will grow to 80 million by 2030, according to the Medicare program actuaries. Demographic changes as the baby boom generation ages mean more Americans relying on Medicare and Medicaid. With continually increasing health care costs from costly technologies, increasing of diabetes, asthma and other diseases, pricing in the medical industry, and some fraud costs, this is a toxic mix that will lead to to a situation where one of three dollars in spending get swallowed up here.
Linked Articles
Beneath Budget Battle, a Health-Spending Juggernaut
Wall Street Journal 12/17/2012
What to Do on the Day After ObamaCareWall Street Journal 04/03/2012
Finance Minister Luis de Guindos sees Spain loosing either way with spending cuts that worsen high unemployment and lower economic growth leading to a worsening debt to GDP ratio in 2012, and this situation in turn raising its borrowing costs on $86 billion in debt issuance for 2012. He estimates the debt to GDP ratio will increase under the 2012 budget of 27 billion euros in cuts and an economy shrinking by 1.7% in 2012, by 10% from 2011 to 78%. Markets are focussing on debt in Portugal and Spain in 2012, after focussing on Greece and Italy in 2011.
Linked Articles
Spain Faces Risks in Budget Refit
Wall Street Journal 04/03/2012
Spain Struggles to Unite Regional Leaders on CutsNew York Times 03/06/2012
BP executives say BP plans to invest $4 billion each year in oil exploration in the Gulf of Mexico for the next decade, 2012-20122. Investments will be made in safety for deep water drilling.
Linked Articles
BP Expects to Spend $4 Billion a Year in Gulf
Wall Street Journal 04/30/2012
BP, plaintiffs reach Gulf of Mexico oil spill settlement - The Washington PostWashington Post 03/03/2012
Linked Articles
Indonesian Economy Grows at Top Clip Since '90s
Wall Street Journal 02/07/2012
Reversal of Fortunes in Debt MarketWall Street Journal 01/12/2012
In many ways the business practices at Countrywide were at the heart of the mortgage and real estate crisis of 2008. The cost of this for Bank of America is estimated at $40 billion.
Linked Articles
BofA's Blunder: $40 Billion-Plus
Wall Street Journal 06/29/2012
OverheardWall Street Journal 12/27/2011
In the Wickard-Filburn decision the U.S. Supreme Court unanimously ruled against an Ohio farmer, Mr. Filburn, who questioned a federal law that imposed a penalty for every extra bushel of wheat grown beyond a stipulated amount. The briefs presented by both parties present arguments about what are the limits of federal power under its powers to regulate interstate commerce and in what circumstances- with the Obama administration arguing that it imposes larger costs on people in all states if some people refuse to buy insurance.
Linked Articles
At Center of Health Care Fight, Roscoe Filburn's 1942 Case
New York Times 03/19/2012
Health Insurance and the Broccoli TestNew York Times 11/15/2011
Linked Articles
Wall Street Journal 07/12/2012
Launching New Tablet, Amazon Plays With FireWall Street Journal 09/29/2011
Repeated increases in interest rates in 201-2011 by India's central bank, the RBI, has failed to control inflation. This is slowing the growth rate.
Linked Articles
India Grapples With Soaring Energy Costs
Wall Street Journal 04/11/2012
India's Inflation Is a Lesson for Fast-Growing EconomiesWall Street Journal 09/12/2011
Major advances in battery technology and cost are needed for electric cars to take off. Gasoline needs to be higher than $4.50 a gallon in the U.S. for electric cars to be economically attractive. This includes a rebate of $7500 towards the higher cost of the electric cars. Battery cost is a major component of the extra cost.
Linked Articles
Ford CEO: Battery Is Third of Electric Car Cost
Wall Street Journal 04/18/2012
Long and Winding Road for Electric VehiclesWall Street Journal 07/02/2011
As the commodities boom fades Brazil's growth slows to 1% in 2012 after the rapid growth in the years under president Lula. Stiglitz and Sen pointed to this kind of uneven development with the neglect of education, healthcare and other public services. This is true also of economic development in China focussed on export industries, with the added cost of environmental degradation. Street protests in June 2013 in many Brazilian cities from Porto Alegre and Curitiba to Rio and Sao Paulo showed popular discontnet with the situation under president Rouseff.
Linked Articles
Brazil's north-east: Catching up in a hurry
Economist 05/21/2011
Anger Spills Onto Brazil's StreetsWall Street Journal 06/18/2013
PFC Energy estimates a price of $90 at which Saudi Arabia would start cutting output to maintain a floor on oil price to support large spending programs after the democracy protests in Arab countries.
Linked Articles
Fears of a 2008 Repeat for Oil
Wall Street Journal 03/18/2012
Overheard: Oil and UnrestWall Street Journal 04/18/2011
Linked Articles
Big Car Plant Closure Shows Europe Woes
Wall Street Journal 07/12/2012
Renault Takes Low-Cost LeadWall Street Journal 04/16/2012
Expansion of manufacturing facilities in Chongqing with a$600 million investment and a $760 million investment for a new plant in Hangzhou are part of Ford's effort to catch up with other manufacturers in China. Ford's forecast is for a 5% increase in the market each year for the next decade. The risk is that Ford will be scaling up just as the market is slowing after five years of hyper growth, with increased competition in the Chinese market hurting profit margins, and the distance of the Chongqing plant from the west coast of China making it harder to export to other emerging markets.
Linked Articles
Ford to Build New Plant in China to Catch Up With G.M.
New York Times 04/19/2012
Ford Plans to Boost Production in ChinaWall Street Journal 04/06/2012
Linked Articles
Wall Street Journal 07/18/2012
China's Wage Hikes Ripple Across AsiaWall Street Journal 03/14/2012
Cochrane points to regulations and laws that support high prices of medical carein the U.S., by reducing competition and restricting supply of doctors and suppliers of medical care. He says the mandate most likely would not even be necessary under such a system because the costs of healthcare in the U.S. would be so much lower.
Linked Articles
What to Do on the Day After ObamaCare
Wall Street Journal 04/03/2012
Why an MRI costs $1,080 in America and $280 in France - The Washington PostWashington Post 03/05/2012
The IMF's view is that it could take 5 years before the breakeven point on the effects of austerity measures is reached and it turns positive. The "German hypothesis" based on German experience as an exporting nation is that the benefits come sooner in the short term. For Britain, which is not an exporting nation like Germany, the benefits from exports are likely to be limited when the rest of Europe is'seeing declining or stagnant growth. The IMF view means Britain may be faced with the costs of the Cameron-Osborne austerity measures till 2016.
Linked Articles
Britain's Economy Contracts More Than Predicted
New York Times 03/28/2012
Austerity Debate a Matter of DegreeWall Street Journal 02/17/2012
Borrowings at lower cost should help Indonesia address the need for infrastructure improvements.
Linked Articles
Wall Street Journal 01/19/2012
Reversal of Fortunes in Debt MarketWall Street Journal 01/12/2012
A combination of higher inflation, muddled political leadership that is limiting foreign investment in retail and other sectors, and high energy costs is limiting economic growth in India to annual GDP growth of 7% in 2012-2013
Linked Articles
Stress on Economy Prompts India to Revive Controversial Plans
Wall Street Journal 12/01/2011
With Economy Slowing, the Indian Rupee TumblesNew York Times 11/25/2011
A move away from coal used for electricity supplies towards nuclear energy. The increase planned is from 11 gigawatts of nuclear energy in 2012 to 40 gigawatts by 2015 and 60-70 gigawatts by 2020. Five nuclear energy projects will be planned at a cost of $27 billion with financing help from a Shanghai IPO offering in 2012.
Linked Articles
China Nuclear Firm Plans Up to $27 Billion IPO
Wall Street Journal 06/06/2012
China Marches On With Nuclear Energy, in Spite of FukushimaNew York Times 10/10/2011
About one-third to two-thirds of the benefits from trade are erased by the cost of government payments in the form of unemployment insurance, food stamps and disability benefits for U.S. communities that fare worse from a surge in imports. This is one of the conclusions in a research study by professors Hanson and Autor of 722 clusters of counties in the U.S.
Linked Articles
Cities Adapt With Mixed Results
Wall Street Journal 09/27/2011
Tallying the Toll of U.S.-China TradeWall Street Journal 09/27/2011
An entire generation of Americans benefitted from the low cost index fund as away to build a diversified and less risky investment portfolio. Bogle created the first index fund tracking the S&P 500 in 1976, following the advice and encouragement of is economics professor at Princeton, Paul Samuelson.
Linked Articles
Wall Street Journal 09/03/2011
John Bogle, Vanguard's Founder, Is Too Worried to RestNew York Times 08/11/2012
Federal Flow of Funds Report for 2011 by the U.S. Federal Reserve shows 61% of net Treasury issuance was purchased by the Fed. Lindsey points out that the Fed has itself boxed in to keep rates low for years because for the U.S. government to borrow at more normal rates of 5.7% rather than the 2.5% at which it borrows today, would mean an addition $800 billion in interest costs by 2021.
Linked Articles
Demand for U.S. Debt Is Not Limitless
Wall Street Journal 03/28/2012
Notable & QuotableWall Street Journal 06/15/2011
Dudley says BP is not going to get off the path of focus on safety, and "stepping up the accelerator of performance, thats not going to happen." BP's second quarter 2012 performance reflected lower levels of production to permit maintenance and improvements in infrastructure at its deep water oil fields in the Gulf of Mexico. Similiar maintenance will be undertaken at North Sea fields in the rest of 2012. Cost cutting on maintenance and infrastructure improvements to improve profit performance created an environment that led to the oil spill in the Gulf of Mexico and created huge legal liabilities.
Linked Articles
BP Posts Unexpectedly Large Loss
New York Times 07/31/2012
The Lessons of Deepwater HorizonWall Street Journal 04/20/2011
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