Last week, the Central European Bank launched a landmark bond buying program that runs from March this year until September next year. Today’s graphic looks at market reactions when the U.S. implemented its quantitative easing policies.
graphic of the day
Israel’s high tech industry is a major growth engine and investment magnet. High-tech goods and services account for 12.5% of Israel’s GDP and half of its industrial exports. Israel leads the OECD when it comes to R&D, spending 4.3% of GDP on it, nearly twice the OECD average. The last available full data set (from 2012) is reflected in the graphic below, showing Israel’s high (and later rising) rank in R&D expenditure.
Today’s graphic tracks the number of times each topic (economy/jobs, education, taxes, energy, national security) has been mentioned in President Obama’s State of the Union addresses. Make sure to the read the full recap on the Reuters live blog and check out the best pictures from the speech.
Consumers are less confident about the prospects for the region’s economy and their livelihoods in the first half of 2015, just six months after confidence hits its highest level in more than a decade. Today’s graphic tracks different aspects of consumer confidence in the Asia-Pacific region since 2000.
On Tuesday, the World Bank predicted the global economy would grow 3% this year, below a forecast of 3.4% made in June. The World Bank also lowered its global growth forecast for 2015, and suggested world GDP growth will reach 3.3% in 2016, before dipping to 3.2% in 2017. Today’s graphic breaks down their GDP growth forecasts.
A rally in global wheat prices and a looming tax on Russian exports have set the stage for a resumption in India’s overseas sales, although cheaper European supplies could provide stiff competition. Today’s graphic shows the top 10 importers and exporters of wheat as well as the percent change in price.
Italians and Americans score at the bottom when it comes to correctly assessing basic facts of modern life, such as what proportion of the population are immigrants or Muslims, an Ipsos MORI survey shows. Today’s graphic ranks a selection of countries by the gap between their guesses and the actual figures on the subject of immigration and religion.
Falling fuel costs and a softer Aussie dollar are bolstering the near-term prospects of Australia’s small miners. The three charts below show the falling price of iron ore, AU$/US$, and the S&P/ASX 300 Metals and Mining Index.
Icing on aircrafts is formed when precipitation or supercooled water hits the surface components of a plane when flying through rain or cloud droplets in subfreezing temperatures. It reduces aircraft efficiency, impairs aircraft engine performance, and causes failure or false indications on flight instruments. Today’s graphic looks at some of the instruments that can be affected by icing.