“U.S. Cost of Violence Surpasses 15% of GDP”
On the eve of the International Day of Peace (Sept. 21), the Institute for Economics and Peace (IEP) has released a report detailing how much of the U.S. economy is…
How S&P Downgraded U.S. Credit Rating
On Aug. 5, Standard & Poor’s Ratings Services lowered its long-term sovereign credit rating on the United States of America to ‘AA+’ from ‘AAA’. In response to questions, Standard &…
Brazil Showing Economic Growth, GDP Up
The Federative Republic of Brazil said Friday that its 2011 first quarter Gross Domestic Product (GDP) rose 1.3 percent over the fourth quarter of 2010 in the seasonally adjusted series…