United States of America

US: Experian finds total student loan balances increased 149 percent since 2007 – Experian – 29/08/2017

The study also shows that the average student loan amount per consumer increased 62 percent during that time, but the percentage of late payments has been decreasing since 2009

Source:  Experian, 2017/08/29

By |August 31st, 2017|Categories: News|Tags: , , |

New study finds that climate change costs will hit Trump country hardest – The Guardian – 24/08/2017

In the USA, the southeastern states are most vulnerable to the costly impacts from human-caused climate change

Source:  The Guardian, 2017/08/24

By |August 31st, 2017|Categories: News|Tags: , , |

US: Renewable Energy Just Hit a Big Milestone – Fortune – 26/07/2017

This year, for the first time in the modern nuclear era, renewable energy has surpassed nuclear power as a percentage of U.S. energy generation. Nuclear power generation has been facing hurdles for a while: it's expensive to expand, often politically unsavory, and not as competitive as the cheap natural gas that has flooded the market [...]

By |July 27th, 2017|Categories: News|Tags: , , |

Can global economy handle QE withdrawal symptoms? – Interactive Investor – 19/07/2017

The QE elephant in the room is rapidly becoming a herd. As of April 2017, the balance sheets of the world's major central banks had inflated to a colossal $18 trillion (£13.8 trillion).

Source:  Interactive Investor, 2017/07/19

By |July 20th, 2017|Categories: News|Tags: , , , , |

US ‘will become one of the world’s top gas exporters by 2020’ – The Guardian – 13/07/2017

IEA says growth in production, as fracking opens up shale oil and gas deposits, will see US rival Russia and Norway

Source:  The Guardian, 2017/07/13

By |July 13th, 2017|Categories: News|Tags: , , |

US Debt To GDP Hits A Record Level But China Catching Up Quickly – Value Walk – 12/07/2017

China’s rapidly growing corporate and personal debt is always cited as being one of the main risks to the global economy. The country’s debt mountain has exploded higher since the financial crisis, and after the World Economic Forum had warned that China’s debt would increase by a worrying $20 trillion by 2020 and could soon [...]

By |July 13th, 2017|Categories: News|Tags: , , , |

Climate change will deepen economic disparity in the U.S. – GreenBiz – 12/07/2017

Researchers published a landmark study in Science on Thursday that analyzes what climate change will mean for the economies of all 3,144 counties in the U.S. The analysis is the first of its kind, but the results show what’s becoming a common refrain when it comes to the impact of climate change: Rising temperatures will [...]

By |July 13th, 2017|Categories: News|Tags: , , |

The Ultimate Debt Bubble Is Upon Us – Seeking Alpha – 11/07/2017

Since the last economic crisis, the Western World consumer's debt deleveraging has been the only major exception to broad debt accumulation. The only reason we were able to cope in the US and globally is because of the lower interest rates. That trend has now come to an end. While the broad nature of this [...]

By |July 13th, 2017|Categories: News|Tags: , , , |

As Climate Changes, Southern States Will Suffer More Than Others – The New York Times – 29/06/2017

As the United States confronts global warming in the decades ahead, not all states will suffer equally.

Source:  The New York Times, 2017/06/29

By |July 6th, 2017|Categories: News|Tags: , , |

Pan American Energy to invest $1.2 billion in Argentina in 2017 – Reuters – 27/06/2017

Argentina-based Pan American Energy, a unit of BP Plc (BP.L), will invest some $1.2 billion in the South American country this year, a company spokesman said on Tuesday, down from the $1.4 billion that the company had announced for 2016.

Source:  Reuters, 2017/06/27

By |June 29th, 2017|Categories: News|Tags: , , , |