Food Prices on the Rise

Posted on Leave a commentPosted in Newsletters

After years of drought across the US, South America and Southeast Asia, we’re seeing one result in the form of higher food prices, especially beef and poultry. The Bureau of Labor Statistics reported last week that food prices gained +0.4% in February, the biggest monthly increase in almost two years. After rising +6.1% in 2012 […]

Iran in Trouble

Posted on Leave a commentPosted in Financial Blog

Sanctions against the Iranian government by the US and the European Union have created big problems across the country. The Iranian currency, the rial, has fallen by about -40% over the past week, partly because of economic sanctions that prevent Iran from exporting oil and limit access to its central bank, which it supposedly uses […]

U.S.: Open for Business

Posted on Leave a commentPosted in Financial Blog

After backing a number of initiatives aimed at spending money to boost the American economy, the Obama administration is considering an investment initiative that seeks to attract $1 trillion in foreign direct investment over the next five years. Investment from overseas creates jobs in the U.S. and moves us closer to an even balance of […]