The PyeongChang 2018 Winter Olympic Games XXIII in the Republic of Korea will kick off tomorrow, February 9th, 2018. The fact that the Olympic Committee selected South Korea to host along with the rapidly growing number of international tourist arrivals to the country in recent years suggests that South Korea is a safe and hospitable destination. But, what does the data tell us? Crime. The data tells us that in all likelihood, the flu will be more threatening to tourists and athletes than petty or even violent crime. Korea has the fourth highest Safe Living Index among 41...
(15 June 2021) The US natural gas spot price at Henry Hub, Louisiana — the benchmark price reference for the US natural gas market and an important price reference in global gas trading — will average $3.07 per million British thermal units (MMBtu) in 2021, a 51% increase from the 2020 average, according to the U.S. Energy Information Administration (EIA). The agency attributes this year's price growth to rising liquefied natural gas (LNG) exports and increasing domestic natural gas consumption outside of the power sector. In 2022, Henry Hub prices are expected to decrease to...
The concentration index of exports estimates a country’s reliance on a limited group of commodities as its primary source of foreign exchange income. Ranging from 0 (perfect diversification) to 1 (concentrated on a single product)*, a comparison of index scores to the contribution of natural resources to GDP worldwide shows that countries that are resource-rich tend to have less diversified export bases. Last year Iraq’s export concentration index reached 0.97, driven by its export concentration in mineral fuels, namely oil. Other oil exporters—including Angola, Iran, Kuwait, and...
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