What We Read Today 25 May 2014

May 25th, 2014
in econ_news, syndication

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 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.

  • Mexico to Grow at a Slower Pace than Expected this Year (Lindsey Taylor, FX Empire) Mexico slashed its growth forecast for this year to 2.7%, down sharply from the previous projection of 3.9%, after its economy grew at a slower pace than expected in the first quarter due to a tax hike that weighed on consumer demand and weaker export growth. The 1Q 2014 GDP growth estimate came in at 1.8%, up from an even lower 0.7% in 4Q 2013. All rates are year-over-year.

Follow up:

  • Alibaba’s American Aspirations (David Gelles, Hiroko Tabuchi and Michael J. de la Merced, The New York Times) Alibaba is going right at the heart of e-Bay, the sales commission. U.S. website set up by Alibaba to compete with e-Bay, 11 Main, has a vendor commission of 3.5% compared with the almost 10% charged by e-Bay (comparable to the traditional auction sellers' commissions in the U.S.). Alibaba is also taking stakes in American businesses to compete with Uber (Lyft), Amazon.com and others. Read more about Alibaba's huge August ADR IPO in Aura Gilham's article at GEI Investing.
  • Minnesota Bans Triclosan, Ingredient in Antibacterial Soaps (Michelle Schoffro Cook, Care2) Minnesota is the first American state to ban triclosan, an antibacterial ingredient used in consumer hygiene products. Researchers at the University of Minnesota have found the compound in lake sediments in the state and documented the breakdown into dioxins which can harm marine ecosystems. They have also found the compound linked to the presence of a staph superbug in human nasal areas. This superbug is associated with food poisoning which in severe cases causes death.

Today there are 11 articles discussed 'behind the wall'. There are 3 more articles about the way data was used by Thomas Piketty in his new book, Capital in the Twenty-First Century. Another three articles were discussed yesterday.

Please support all that we do at Global Economic Intersection with a subscription to our premium content 'behind the wall'.

You get a full year for only $25.

The rest of the post is for our premium content subscribers - Click here to continue reading. If you have forgotten your login or password - send an email to info at econintersect.com.


Make a Comment

Econintersect wants your comments, data and opinion on the articles posted. You can also comment using Facebook directly using he comment block below.

 navigate econintersect .com


Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2018 Econintersect LLC - all rights reserved