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Tag Archive for: april 26 2022
SO NOW WHAT WILL TWITTER DO ABOUT DREADED, AWFUL AND VERY BAD HATE SPEECH?
Support, , TRENDS IN TECHNOCRACY by Joe Doran, april 26 2022, 1The poison pill didn’t work. On 25 April, neo-libertarian futurist Elon Musk closed a 40-billion plus deal to take...
Each week, we report instances where the money junky hedge funds, private equity groups and the already big companies...
Overview: As we have detailed for nearly two years, inflation across the globe was on the rise despite the...
NESTLE SALES RISE WITH “RESPONSIBLE” PRICE INCREASES
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, april 26 2022, 1After raising prices 5.2 percent in this year’s first quarter, international food conglomerate Nestlé reported a 7.6-percent gain in...
HONDA WILL SPENT $40 BILLION TO MAKE 30 EV MODELS
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, april 26 2022, 0Japan’s Honda Motor Co. plans a ¥5-trillion investment, about $40 billion, over the next 10 years to create 30...
LACK OF LITHIUM MAKES EV BOOM UNSUSTAINABLE, SUPPLIER SAYS
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, april 26 2022, 0Western battery companies, car makers, and governments have failed to develop adequate sources of lithium, leaving auto companies unable...
GERMAN BANK SHARE PRICES FALL ON MAJOR STOCK SALES
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, april 26 2022, 0Share values for Deutsche Bank and Commerzbank, Germany’s two biggest lenders, dropped more than 10 percent after investors sold...
BANNING RUSSIAN GAS WOULD COST GERMANY €165 BILLION, BANK WARNS
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, april 26 2022, 1An immediate and complete ban on all Russian natural gas from Europe would cost Germany’s economy €165 billion, the...
Italy’s sovereign debt has grown 2.1 percent since December, adding about €59 billion to reach a record total of...
BLACKSTONE GROUP EXPECTS TO MAKE FEWER DEALS THIS YEAR
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, april 26 2022, 1Galloping inflation, rising interest rates, and geopolitical turmoil are likely to shrink the number of deals Blackstone Group, the...
LIBYA’S OIL OUTPUT CUT IN HALF BY POLITICAL PROTESTS
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, april 26 2022, 0Several of Libya’s oilfields and export terminals have been blockaded by protesters calling for prime minister Abdul Dbeibeh to...
DELOITTE ABANDONS MORE LONDON OFFICE SPACE
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, april 26 2022, 1Deloitte Touche Tohmatsu, one of the world’s so-called “Big Four” accounting and business consulting firms, is giving up a...
EURO SINKS AS ECB HOLDS INTEREST RATE AT -0.50 PERCENT
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, april 26 2022, 0On 15 April, the euro fell below €1.08 to the dollar for the first time since May 2020 as...
RUSSIA PLANS LAWSUITS TO RECOVER MONEY STOLEN BY THE WEST
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, april 26 2022, 1Russia plans legal action to gain access to about $300 billion—roughly half of its foreign currency reserves—frozen in Western...
TOP TREND 2022 DRAGFLATION: JAPAN’S YEN CONTINUES ITS TAILSPIN AS INFLATION ACCELERATES
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, april 26 2022, 1The Japanese yen slid 1 percent against the dollar on 19 April to 0.007 cents, extending its losses for...
TOP TREND 2022 DRAGFLATION: GERMANY’S PRODUCER PRICES RISE AT RECORD PACE, RISKING STAGFLATION
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, april 26 2022, 0Germany’s producer prices—the prices factories charge for their products—rose 30.9 percent in March compared to a year earlier, according...
TOP TREND 2022 DRAGFLATION: ASIAN ECONOMIES ECONOMIC BLUES
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, april 26 2022, 0A range of indicators in China, Japan, South Korea, and Taiwan show the region’s economic activity being dragged down...
TOP TREND 2022 DRAGFLATION: RISING INTEREST RATES THREATEN DEVELOPING NATIONS
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, april 26 2022, 0About one in four emerging nations that owe debt payments in hard currencies such as dollars or euros now...
TOP TREND 2022 DRAGFLATION: WORLD BANK CUTS 2022 GROWTH FORECAST
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, april 26 2022, 0To cope with the global economic crisis sparked by Russia’s war in Ukraine and resulting sanctions, the World Bank...