Food price spikes, volatility not the same issue

(PhysOrg.com) -- When global food prices rose sharply starting in late 2010 and hit an all-time high in February, many leaders, including the presidents of the World Bank and of France, spoke about the increases and conflated ...

Economist studies how higher gas price affect consumer behavior

A dollar is a dollar is a dollar, so goes the economic theory of fungibility. But do people really act that way? In a new working paper, Brown University economist Justine Hastings and Jesse Shapiro of Chicago Booth School ...

Benefits by the barrel

(PhysOrg.com) -- Countries rich in oil have long been associated with the "resource-curse paradox" - a principle which states they will suffer, rather than benefit, in the long run. Not so, new research by a Cambridge Gates ...

Brazil: Deforestation sees biggest drop in 20 yrs

(AP) -- Deforestation in the Brazilian Amazon dropped nearly 46 percent from August 2008 to July 2009 - the biggest annual decline in two decades, the government said Thursday.

Embattled Noble Group completes $3.5 bn overhaul

Embattled commodities trader Noble Group has completed a $3.5 billion restructuring, it said Thursday, as the firm seeks to draw a line under a long-running crisis that pushed it to the brink of bankruptcy.

Latin America's economic prospects dim into 2016

Trade and financial shocks in the form of collapsing commodity prices and reduced availability of external financing have worsened Latin America's economic prospects in the past year, according to an issue brief from Rice ...

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