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Establishing A Foothold In Cuba: An Interview With David Seleski Of Stonegate Bank

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from the Atlanta Fed

-- this post authored by Karen Gilmore

As the diplomatic relationship between the United States and Cuba continues to thaw, an economic relationship is gradually beginning to form. Tourist flights to the island nation have begun, and cruise ships have begun making the 90-mile trip to Havana. A banking relationship is also in its nascent stage, with Stonegate Bank, based in Pompano Beach, Florida, becoming the first U.S. bank authorized to conduct business with Cuba.

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 more WWRT

What We Read Today 28 May 2016

Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary 'reading list' which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for 'reading list' items are gratefully reviewed, although sometimes space limits the number included.

This feature is published every day late afternoon New York time. For early morning review of headlines see "The Early Bird" published every day in the early am at GEI News (membership not required for access to "The Early Bird".).

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Every day most of this column ("What We Read Today") is available only to GEI members.

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 more features, analysis, studies, and news published in the last week

Why Is The Labor Force Participation Rate Increasing?

from the St Louis Fed

-- this post authored by Ana Maria Santacreu and Usa Kerdnunvong

The unemployment rate in the United States has been declining since the Great Recession ended in mid-2009.

Infographic Of The Day: Tattoo Statistics

Tattooing is a wide-ranging art form practiced by many artists around the globe.

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Video of the Day:

Make a tiny solar car for about $1. Easy and fun!


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This decline has been partly due to discouraged workers leaving the labor force, as illustrated by the decrease in the labor force participation rate in the figure below.
</p><p><img alt='Unemployment Rate and Labor Force Participation' src='http://econintersect.com/images/2016/05/40526632ztemp.png' style='height:275px; margin:0px auto; width:380px' /></p><p> <p><a href='http://econintersect.com/pages/contributors/contributor.php?post=201605290555' >Read more ...</a></p>
 more investing, markets, precious metals & forex

Silver Supply Deficit, Market Manipulation, And Debt Overhang



 more opinion

How Democratic Is The European Union?

from The Conversation

-- this post authored by Alan Butt Philip, University of Bath

One of the constant arguments raised by critics of the EU is that it is 'undemocratic'. Those arguing for the UK to vote to leave in the June referendum present it as an opportunity to hand control of British affairs back to the British parliament, the only body with a mandate to make decisions for the country.

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 USA economy at a glance (boxed items are updates in last 7 days)

20 May 2016: ECRI's WLI Growth Index Unchanged

ECRI's WLI Growth Index which forecasts economic growth six months forward expanded marginally and remains in positive territory for the ninth week - after spending the previous 34 consecutive weeks in negative territory.

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