The Parrot and Commodity Prices
“Teach a parrot the terms ‘supply and demand’ and you’ve got an economist.” That parrot can explain to us what is happening with commodity prices (Chart 1, left side).…
Oil Prices and the Future of Petrocaribe
On June 2005, upon the initiative of late Venezuelan President Hugo Chavez, the governments of Antigua and Barbuda, Bahamas, Belize, Cuba, Dominica, Dominican Republic, Grenada, Guyana, Jamaica, Saint Kitts…
BRICS Apart as Oil Prices Plunge
Capital Finance International, spring 2015 The oil price plunge since last June has been deemed, overall, as a boon for the global economy. However, that depends on where one…