That's Interesting

  • The Coast Guard Just Busted a Garlic-Smuggling Operation in the Caribbean

    Unlike other forms of smuggling that often involves illegal or banned substances, garlic is smuggled primarily for economic reasons.

    “As part of the recent trade war between China and the United States, the U.S. imposed tariffs on Chinese garlic of 10 percent.”

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  • Museum Dedicated Exclusively to Poster Art Opens Its Doors in the US

    Poster House has opened in New York and is the first museum that displays only poster art.

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  • NPR: Chubb Insurance no longer underwriting coal industry

    “Chubb insurance says it will no longer underwrite coal-fired power plants, the first major U.S. insurer to do so. It’s a big victory for a campaign that’s been pressuring the industry over climate change.”

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  • IMF Working Paper – Enabling Deep Negative Rates to Fight Recessions: A Guide

    “The experience of the Great Recession and its aftermath revealed that a lower bound on interest rates can be a serious obstacle for fighting recessions. However, the zero lower bound is not a law of nature; it is a policy choice. The central message of this paper is that with readily available tools a central bank can enable deep negative rates whenever needed—thus maintaining the power of monetary policy in the future to end recessions within a short time.”

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  • NPR Planet Money: The Problem With Banning Plastic Bags

    “For decades, plastic bags have been staples at grocery stores. They also clog drains, cause floods, litter landscapes and kill wildlife. Consequently, a growing number of cities and counties have passed laws that ban or tax plastic bags in the past ten years. But as our colleague Greg Rosalsky explored in a recent Planet Money newsletter, banning plastic bags may be worse for the environment.”

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  • Tariffs on China are no substitute for a trade deal

    Podcast Episode: “In a special episode of Dollar and Sense, Senior Fellow David Dollar provides an update on the state of U.S.-China trade talks following the latest round of negotiations in Washington this week.”

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  • NPR Planet Money Podcast: Will China Overtake The US?

    “It seems inevitable that eventually China will have a bigger overall economy than the United States.

    George Magnus doesn’t agree. He’s an academic and the author of a book about China called Red Flags: Why Xi’s China Is in Jeopardy. And he says there are three reasons why China’s rise to overtake the U.S. as the world’s largest economy is not inevitable.”

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  • Assessing Abenomics: Evidence from Inflation-Indexed Japanese Government Bonds

    Federal Reserve Bank of San Francisco paper assessing the impact of news concerning the reforms associated with “Abenomics” using an arbitrage-free term structure model of nominal and real yields.

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  • David Rumsey Map Collection

    The Rumsey Collection contains over 91,000 images spanning five centuries of cartography and is available to access digitally online for free.

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  • North Korea: The Grand Tour

    ‘Photographs of ordinary and yet extraordinary life in the last communist state from an ideological, political and cultural perspective’

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