Each week, we report instances where the money junky hedge funds, private equity groups and the already big companies...
Archive for category: TRENDS ON THE GLOBAL ECONOMIC FRONT
April’s passenger car sales in China plummeted 36 percent in April, year on year, to 1.04 million as more...
TURKEY HEIGHTENS SCRUTINY OF FOREIGN CURRENCY TRANSACTIONS
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, may 17 2022, 0Turkey’s central bank is scrutinizing corporate transactions involving foreign currency in amounts as small as $1 million in an...
RATE HIKES BRAKE CANADA’S HOUSING BOOM
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, may 17 2022, 0Canada’s housing market has been rising since 2010, with home prices up 53 percent from February 2020 through 31...
WORLD CAN GET BY WITHOUT RUSSIA’S OIL, IEA SAYS
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, may 17 2022, 0After saying in March that sanctions on Russian oil exports would cause a “global supply shock,” the International Energy...
BUNDESBANK CHIEF BACKS ECB RATE HIKE IN JULY
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, may 17 2022, 0Joachim Nagel, president of Germany’s central bank, called on the European Central Bank to raise its key interest rate...
Christine Lagarde, president of the European Central Bank (ECB), indicated on 11 May that she could support an increase...
In the year’s first quarter, the U.K. economy grew 0.8 percent, driven by a spending spurt after the kingdom...
DATA SHOWS HOW BADLY CHINA’S LOCKDOWNS HAVE HURT ECONOMY
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, may 17 2022, 0In April, China’s retail sales contracted 11.1 percent, year over year to their lowest pace since March 2020, and...
GERMANY’S INFLATION RATE SETS ANOTHER RECORD IN APRIL
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, may 17 2022, 0The consumer price index in Europe’s largest economy grew by 7.8 percent in April, year over year, the fastest...
GLOBAL WHEAT CROP THREATENED BY EXTREME WEATHER
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, may 17 2022, 1Heatwaves, droughts, and floods threaten the world’s wheat harvest this year, as the Ukraine war and Western sanctions already...
Each week, we report instances where the money junky hedge funds, private equity groups and the already big companies...
SURGING OIL PRICES DRIVE RECORD INFLATION IN GERMANY Prices in Germany shot up 7.8 percent in April, year over...
TOP 2022 TREND, DRAGFLATION: CHINA’S ECONOMY IS SHRINKING China’s Caixin purchasing managers index (PMI) for service industries plunged to...
As inflation keeps rising, so too will interest rates. Here is a summary of recent hikes. BANK OF ENGLAND...
MAERSK REPORTS RECORD PROFITS, WARNS OF SLOWING ECONOMY
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, may 10 2022, 0AP Moller-Maersk, the world’s most profitable shipping line, became even more profitable in this year’s first quarter, booking $19.3...
EU MULLS BAN ON RUSSIAN OIL. WILL IT MATTER?
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, may 10 2022, 0The European Commission has proposed banning all imports of Russian oil by the end of this year, the Financial...
TOP 2022 TREND, DRAGFLATION: EUROZONE BORROWING COSTS SPIKE
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, may 10 2022, 0Interest rates in the 19-nation Eurozone are surging as the European Central Bank (ECB) is halting its multi-year bond-buying...
TOP 2022 TREND, DRAGFLATION: FRENCH AND GERMAN FACTORY OUTPUT SAGS IN MARCH
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, may 10 2022, 0The number of new orders placed with German factories declined 4.7 percent in March, according to state agency Destatis,...
TOP 2022 TREND, DRAGFLATION: EUROZONE RETAIL SALES TANK
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, may 10 2022, 0Retail sales across the 19 countries using the euro currency slipped 0.4 percent in March, three times more than...