Business

International trade was one of the many victims of the 2009-2010 global financial crisis. World trade flows declined by up to 9% in 2009, a third more than the 6% drop in industrial output and three times the 2.5% decrease in per-capita income.  Countries with smaller economies suffered even more, with some showing a 30% decrease in the second half of 2008.

Shocking videos of a man being bloodied and dragged screaming off an overbooked United Express flight have inspired some people to query their rights when flying America’s increasingly crowded skies.

From the Scholars Strategy Network, written by Jules Boykoff, Pacific University in Oregon

Year zero in the history of U.S. big-box stores was 1962: In that one year, the first Walmart, Target and Kmart stores opened. While the firms’ origins varied, their common focus was on deep discounts and suburban locations. Shoppers would arrive by car, not foot, so what mattered was highway access, acres of parking and massive scale.