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Business

Credit conditions and trade during the global financial crisis

Source: JournalistsResource.org

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.

The impact of big-box retailers on communities, jobs, crime, wages and more: Research roundup

Source: JournalistsResource.org

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.