Exports

China’s Growing Power in the Middle of a Pandemic. Should the United States Be Concerned?

Veronica Horton
7 January 2021

Abstract: This video explores China’s position as the factory floor for the world in theage of a global pandemic. China is responsible for the production of much of the world’ssupply of protective equipment used by heath care workers. As such,…

Conflict Beef: The Human Cost of Beef Imports from Nicaragua

Veronica Horton
4 January 2021

Abstract: This video explores human rights violations associated with U.S. imports ofbeef from Nicaragua. While Nicaragua has seen the United States as an important exportmarket for some time, U.S. demand for Nicaraguan beef soared early in the COVID-19pandemic as the…

Person in Welding Mask While Welding a Metal Bar

Steel Tariffs: What Really Happened

Veronica Horton
10 November 2020

Abstract: The state of the U.S. steel industry is often a bellwether of sorts on the state ofthe economy in places like Pennsylvania, where many depend on the industry for theirlivelihood. So, it was no surprise that as a presidential…

When Is A Record Trade Deficit A Good Thing? Maybe in the Middle of a Pandemic.

Veronica Horton
31 October 2020

Abstract: The recent announcement by the U.S. Commerce Department that in August,the United States recorded its largest trade deficit in 14 years drew mixed reactions fromanalysts and economists. Some voiced concern that the trade deficit would represent adrag on the…

CNN Business: “Why oil prices are crashing and what it means”

Veronica Horton
21 April 2020

This video explores the standoff between Saudi Arabia and Russia over oil production. The clash between the two countries reached new levels at a recent meeting in Vienna where OPEC+ countries attempted to hammer out a solution to the current glut of oil on the market that is driving prices to long time lows. While it is clear that global demand for oil is at one of its lowest points ever thanks to the closures of most economies in respond to the COVID-19 pandemic, and that production of oil must be slowed, Russia is unwilling to do so, and Saudi Arabia has refused to reduce its production unless Russia does as well. While further negotiations have produced some acknowledgement that all oil producers will need to cut production at least until the global economy is reopened, just what those reductions will look like is still unknown, suggesting that uncertainty will continue to roil oil markets and for now prices are likely to remain low.

PBS News Hour: “Why COVID-19 could be the ‘last straw’ for Lebanon’s fragile economy”

Veronica Horton
20 April 2020

This video explores the bleak situation facing the county of Lebanon. Decades of corruption and fiscal mismanagement have put the country in a precarious position as it now faces both a foreign debt crisis and a banking crisis. Both of these crises are likely to be exacerbated by a health crisis related to the novel coronavirus pandemic that is quickly moving around the world. While Lebanon’s number of COVID-19 infections is still relatively low, the country’s lack of a real public health system together with its high levels of debt and a lack of confidence in its banking system have left the country in a vulnerable state. Lebanon has long imported more than it exports, raising questions as to whether it can be self-sufficient and if not, how it will pay for the goods and services its citizens need, especially as the country, following the example of much of the rest of the world, closes its businesses in an attempt to slow the spread of the novel coronavirus.

Coronavirus Outbreak Could Have Major Economic Impact

David Switzer
6 February 2020

Last week, the world learned that a deadly, fast-moving disease called the coronavirus had appeared in several Chinese cities. The mysterious illness has already killed more than a hundred people and infected thousands more, leading the World Health Organization to declare the coronavirus a global health emergency. Despite its potentially worldwide implications, though, right now the disease is primarily localized in China. Along with placing entire cities on quarantine, Chinese authorities have also extended the annual Lunar New Year holiday so that businesses will remain closed until at least next week.

Chicken Little is an Increasingly Rare Bird

EVs: Driving Change at Convenience Stores

Who’s In The Driver’s Seat: The Changing Dynamics of Auto Production

China’s Population is Declining – Too hot, too cold, or just nice for its Economic Development?

The Externalities Effect of Child Firearm Fatalities in the States

Why is Everything Getting So Expensive?

Understanding the U.S. Labor Market – A January 2023 Snapshot

The New Economics of Car Production

Looming Water Crisis – What can YOU do to Conserve Water?

U.K. Economy Three Years after Brexit