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Economics International

Russian sanctions create unexpected winners

No losers without a winner. Producers across several countries rush to fill the gaps caused by Russia’s sanctions against Western food products.  The tit-for-tat exchange of sanctions between Western powers and

Economics North America

US municipal bonds squeezed by austerity

A perfect storm of austerity, low interest rates, and rebounding tax revenues are causing US municipal bond yields to plummet. The first part of 2014 was strong for municipal bond