More people lived in urban than rural areas for the first time ever in 2007. This year it is estimated that 54 per cent of the worldâs population live in cities and by 2050 it is predicted to hit 66 per cent

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More people lived in urban than rural areas for the first time ever in 2007. This year it is estimated that 54 per cent of the worldâs population live in cities and by 2050 it is predicted to hit 66 per cent

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Three million more US children in poverty than before Great Recession http://alj.am/rqyg
The consensus view at this time points to greater support for Abenomicsâs monetary easing. But what are we missing.Â

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Impact of Iran on oil according to the Kennedy school http://belfercenter.ksg.harvard.edu/publication/25538/energy_implications_of_a_nuclear_deal_between_the_p51_and_iran.html
Listen: Rudd on Why U.S.-China Relations Under Xi Jinping Wonât Be âBusiness as Usualâ
Read the full story here.
Chart 1: divergence among the âfragile fiveâ â current accounts in % of GDP Sources:Â Source: JPM, Bloomberg, GAM, Financial Times

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There are serious doubts as to whether #Chinaâs PBoC is actually shedding reserves, if best practices among other emerging market countries are any indication
Greece Fallout: Italy and Spain Have Funded a Massive Backdoor Bailout of French Banks
by Benn Steil and Dinah Walker
Should the United States Encourage Japan to Join the #AIIB? Courtersy of @CFR_org
Spain may be on the road to economic recovery, but it is recovery of a joyless as well as jobless kind. http://on.ft.com/1gVDDH5 âPeople know the country wonât default or need a rescue, at least in the short term. But there are still no answers to questions such as where will growth come from or where will the jobs come from?â
From Canada to Mozambique, a glut of new gasfields is emerging. But even these are unlikely to keep up with growing demand.

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On April 15, Chinaâs finance ministry revealed the 57 âprospective founding membersâ of the new Asian Infrastructure Investment Bank, of which ...
As our recent CFR interactive shows, central bank currency swaps have spread like wildfire since the financial crisis. In 2006, the ...