Enjoyed by the United States and 27 European nations, a common market could exist in South America if Brazil and Argentina initiate it.
Like the Big Mac Index, when the Toy Zone tells us where LEGO prices are high and low, we can also compare currencies.
Displayed by Argentina’s inflation, when a local currency plunges in value, the demand for U.S. hundred dollar bills skyrockets.
From U.S. farm income to Brazil’s exports to a racing cargo ship, the impact of China’s retaliatory soybean tariff has had a global impact.
Today’s weekly roundup includes the everyday economics of sovereign debt defaults, oil boom towns, athletes’ labor markets and the GDP.