The final trading session of this second week of intense world events opened on a mixed note in various assets. Investors continue to digest fast-moving news stories and attempt to keep one step ahead of volatility and counterintuitive market moves.
A report submitted on behalf of American Manganese and partially funded by the National Research Council of Canada, should at some point have major reverberations throughout the manganese mining sector and especially in the United States.
Daylight saving time, designed for energy conservation purposes, is among the most widespread regulations on the planet. Surprisingly little evidence exists that it actually saves energy. This article, using a natural experiment, concludes that "saving" daylight has cost electricity.
European economic integration is 50 years old this year. Most analyses suggest that it had a rather small international trade impact. This article argues that these results are incorrect. A properly specified empirical analysis suggests far larger economic effects, since traditional models ignore the self-selection in their calculations.