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Viz of the day

The Big Mac Index update The Economist has recently updated its famous “Big Mac Index” based on McDonald’s Big Mac prices, collected throughout the world. Now the cheapest burgers in US Dollar terms can be bought in Ukraine: for $1.2 only. The most expensive ones are being sold in Switzerland, where you should pay $7.54 for one burger. Big Mac Index shows, how much the national currency is “undervalued” or “overvalued” in relation to “fair” Big Mac price. In respond to the criticism that you would expect average burger prices to be cheaper in poor countries than in ri...

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Commodities

Energy

Crude Oil Reservs, Natural Gas Reservs, Coal Reservs, Crude oil prices, Natural Gas prices, Coal prices, Historical Energy Statistics BP's "Statistical Review of World Energy" published in mid 2014 says that the world has in reserves 892 billion tonnes of coal, 186 trillion cubic meters of natural ...
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G20 Economic Forecast

US | Canada | Mexico | France | Germany | UK | Italy | Brazil | Argentina | Turkey | Australia | China | India | Japan | South Korea | Indonesia | Russia | South Africa | Saudi Arabia | EU | Euro Area GDP Forecast | Inflation Forecast | Unemployment Forecast | Current Account Balance Forecast | Gov...
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India

Since India was under British rule rupee was pegged to pounds. From 1927 to 1966, it was 13 rupees = 1 pound. This was maintained until 1966, when the rupee was devalued and pegged to the U.S. dollar at a rate of 7.5 rupees = 1 dollar. This value lasted until the U.S. dollar devalued in 1971. Prime...
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