EconoGraphics

When President Obama announced his landmark policy shift towards Cuba, easing the 54-year-old embargo, one of the first companies to announce they would begin operating in Cuba was Netflix. The online video company's decision was surprising, if only because Cuba's internet is one of the slowest in the world.

20150324 econographic

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Today, the cap on US government spending (or the "debt ceiling") is officially reinstated, and with it, the threat of another clash over the national debt. Policymakers will have a runway of just months before they must decide to lift the cap on borrowing or temporarily allow it to be raised.

20150317 econographics

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20150309 EconoGraphic Museums

There’s never been a better time to be a tourist—as long as you’re paying in dollars. 

Major currencies worldwide have plunged in value, meaning each US dollar buys more euros and renminbi today than it did one year ago. For American tourists, this is good news: for instance, no museum listed here changed the sticker price of admission, but visitors can take advantage of a built-in rebate. With major economies outside the US struggling for economic growth, the ‘red carpet’ of deep discounts for tourists has been rolled out.

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Both the Ukrainian and Russian economies are suffering from recent events. While weak domestic institutions and a fight with insurgents in the country's East plague Ukraine, sanctions and low prices for oil and gas are hurting the Russian economy.


20150303 econographic

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In the last two decades, the Asia Pacific region has signed sixty-five free trade agreements. South America, Eurasia, and Europe combined have signed over one-hundred and fifty agreements. Over the same period, the US has signed twelve agreements.

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A great part of Europe is highly dependent on Russian energy, which helps to explain many of the concerns Europeans have over the developments in Ukraine.

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20150209 econographics political- parties
Radical political parties in the Eurozone—including Syriza in Greece, Podemos in Spain, and Sinn Féin in Ireland—are riding a wave of popularity. The continent's debt crisis has pitted the creditor countries, most importantly Germany, against debtor countries like Greece. On an international level, the northern European creditors have managed to implement policies that are forcing the debtor countries to take on most of the adjustment burden.

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20150203 econographics greek exports

Greece has once again thrust itself into the headlines as the new Syriza government led by Alexis Tspiras pledged to go back to the drawing board and renegotiate with the nation's creditors.

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