LIBOR finance trends

Fluctuations in the LIBOR, 1999-2018

Eric Garland DataLab

The LIBOR, or London Inter-bank Offered Rate, is the average of what top banks in the City would charge to loan to each other. It’s a key indicator of financial markets and economic trends in general. We’ve noticed a strong recent shift in this indicator, and we believe that it will have particular impact on highly-leveraged business deals – not …

extreme poverty economic trends

Extreme poverty dropping rapidly around the world

Eric Garland DataLab

Good news from Oxford researcher Max Roser, who lightly chided the news media to frame a headline that could suggest that more than 100,000 people left extreme poverty yesterday alone.   Newspapers could have had the headline “Number of people in extreme poverty fell by 137,000 since yesterday” Every day in the last 25 years. — Max Roser (@MaxCRoser) …