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Showing posts from August 26, 2015

This striking diagram will change how you look at the world economy

Updated by Matthew Yglesias on August 21, 2015, 12:00 p.m. ET

Here's a very cool data visualization from that took me a minute to figure out because it's a little bit unorthodox. 

The way it works is that it visualizes the entire world's economic output as a circle. 

That circle is then subdivided into a bunch of blobs representing the economy of each major country. 

And then each country-blob is sliced into three chunks — one for manufacturing, one for services, and one for agriculture.

Check it out:

You can see some cool things here.

For example, compare the US and China. Our economy is much larger than theirs, but our industrial sectors are comparable in size, and China's agriculture sector looks to be a little bit larger. Services are what drive the entire gap.

The UK and France have similarly sized overall economies, but agriculture is a much bigger slice of the French pie.

For all that Russia gets played up as some kind of global mena…

Palabras del expresidente Uribe ante la Sede Diplomática de Venezuela

Mexico upgrades phytosanitary status of Chiapas mango growers

August 26th, 2015

Mexican mango growers in part of the state of Chiapas are to benefit from the country improving the area’s phytosanitary status. 

The Secretary of Agriculture, Livestock, Rural Development, Fishing and Food (SAGARPA) declared the southeast region in the state’s municipality of Tonalá to have a low prevalence of the Anastrepha fruit fly species.

Chiapas sits in southern central Mexico on the border with Guatemala, and the new ruling is expected to benefit some 400,000 hectares (988,000 acres) of mango farms.

The farms have a collective annual production of 49,000 metric tons (MT) and an estimated commercial value of 97 million pesos (US$5.7 million).

SAGARPA sent technicians from the National Service for Health, Food Safety and Agricultural Food Quality (SENASICA) to carry out sampling in certain geographical areas, and a low prevalence of fruit fly in the part of Chiapas was noted.

Grower associations have been working in conjunction with regional governments and the feder…

Positive signs for Israeli mango trade

Gerry Kelman

Wednesday 26th August 2015, 13:33 London

Lower volumes in the market this season could boost a market already buoyed by demand for high-quality, ready-to-eat fruit

1Western Australia targets UK mango market

2Peru chases German organic demand

3Ecuador set for mango contraction

4Mango importers mix and match

5Weather threatens Pakistan mango targets

6CR declares emergency in wake of floods

7Positive campaign for Trops

8Pakistani mango consignment rejected

9Karnataka to raise mango exports

10Dominican mango exports hit US$17.6m

Smaller volumes and growing demand are expected to create good market conditions for mango marketers in Europe over the next few months, according to leading suppliers in Israel.

While Israel itself is expecting a smaller than usual crop as a result of adverse winter weather, increasing demand from the retail sector – in particular within the high-quality, ready-to-eat segment – is reportedly contributing to growth in the mango busine…

Mapping Fallout From ‘Black Monday’: Who Was Hardest Hit?

American stock markets have just closed. As the smoke clears, FP tallies the worldwide damage.

AUGUST 24, 2015

Aug. 24, which some have already dubbed “Black Monday,” was not a kind day to global equity markets. The rout began with a massive sell-off in China, where the benchmark Shanghai Composite Index plunged 8.49 percent in just one day. Those losses echoed in major indices worldwide, including those of Japan (down 4.61 percent), Germany (down 4.70 percent), and the United States (where the Dow Jones Industrial Average fell 3.58 percent).

The map below shows the aftermath of Monday’s trading in benchmark indices in major economies worldwide. Red indicates a loss; the deeper the red, the more severe it has been. Click on any covered country for data:

The pummeling investors delivered to Chinese stocks surely had global knock-on effects, yet it is not the sole cause of the Aug. 24 swoon.

 Bill Bishop, who edits the influential China-focu…