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THURSDAY, NOVEMBER 26, 2009
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NEWS ABOUT: National Bureau of Economic Research

National Bureau of Economic Research stories: 3 news summaries

Oil Prices Plunge
to 5-Year Low 

OPEC expected to slash production to push up prices

Dec 5, 08 2:43 AM CST
(Newser) - Oil prices continue to plunge as demand slackens amid the global economic downturn. Oil has dropped 19% drop this week, the biggest weekly decline in five years, reports Bloomberg. Prices have tumbled 70% since reaching a record $147.27 in July, and  some predict prices may dip as low as... More »

MORE ABOUT:
OPEC • recession • National Bureau of Economic Research • crude oil • gold • New York Mercantile Exchange • commodities • copper • oil prices

Berkeley Prof
to Head Council
of Economic Advisers

Christina Romer is expert on recessions

Nov 24, 08 11:06 AM CST
(Newser) - Barack Obama has chosen Christina Romer, a Berkeley economics professor, to lead the Council of Economic Advisers, ABC News reports. The council analyzes economic developments and recommends policy for the president. Obama will announce Romer’s appointment, along with the rest of his economic team, today. More »

MORE ABOUT:
Barack Obama • recession • National Bureau of Economic Research • Larry Summers • Council of Economic Advisers • President Obama • Timothy Geithner • Christina Romer

Study Traces Europe's Bets on Civil War

This re-enactment
uses Confederate bonds, not weapons

Nov 16, 07 8:44 AM CST
(Newser) - Studying sales of Confederacy bonds in Amsterdam during the US Civil War, two economists say they're able to judge how European traders saw the South's chances of victory, the Wall Street Journal reports. Investors pegged the rebels' odds at 42% early on, but their 1863 defeat at Gettysburg sank bond... More »

MORE ABOUT:
economics • Abraham Lincoln • Civil War • National Bureau of Economic Research • Confederacy • Union

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