Entries by Peter Hall from 11/2012

Will Food Prices Cost the World Economy?

| Posted 11.12.2012 | Canada Business

Volatile commodity prices have wreaked havoc with the world economy in the past decade. This summer saw yet another surge in food prices. It got many wondering whether this time around, the ill-timed increase would apply the brakes to an accelerating world economy. Are they right?

Will the U.S. Pull us All Over its Fiscal Cliff?

| Posted 11.15.2012 | Canada Business

The U.S. economy is careening toward the so-called fiscal cliff at a frightening pace, and it's creating a lot of concern. Will political sclerosis drive America -- and the world -- to the precipice? If it did, it would be a shame. Consumers are spending at a rapid clip. Housing markets have turned the corner. Is the present whiff of recovery incentive for action?

Does the Loonie Trump the Greenback Yet?

| Posted 11.23.2012 | Canada Business

Mention exchange rates and most Canadians will immediately assume U.S. dollars. With most of our trade still denominated in USD, the fixation is natural. China is seen by many as an upcoming reserve currency, but that day is still a long way off. On both Canadian and world stages, the greenback still takes the lead role. But as we move into the next growth cycle, others will play increasingly significant supporting roles.