Britain was a country powered by coal. Now itâs the first G-7 nation to quit it. The coal age is over in the country that sparked the industrial revolution 200 years ago.
Britain was a country powered by coal. Now itâs the first G-7 nation to quit it. In a matter of hours, the boilers at the Ratcliffe plant will cool to the touch.
Goldâs up 27% this year but coffee - 40%⌠I can live without gold butâŚ.meanwhile Septemberâs top currencies have central banks which arenât cutting rates yet.
Weâre only 2 days into Autumn and Itâs been a big weekend for bluesky-economics inc. Nangle on the virtues of balanced pension portfolios, Yates on Bank of England reform.
The first two big dollar rallies of the last 50 years (80-85, 95-01) were entirely unwound, faster than they grew. Will the 2011-2022 rise suffer the same fate as fx hedging snowballs? Whether it does or not, itâs really, really hard to see any home-grown appeal in the euro today.
This is an odd blog arguing that because thete is no savings glut in China, just too-weak demand, the policy prescription is domestic, unlike the early 2000s. But the outcome absent Chinese action, might be just as disinflationary so from here, whatâs the difference? www.imf.org/en/Blogs/Art...
Worries that Chinaâs external surpluses result from industrial policies reflect an incomplete view
Honestly, I have no idea. CFTC data show the fast-market getting longer yen. The rates market prices a faster pace of easing than after the dotcom/Asia crisis. I think Ange should run the Fed. Why not?
