GLOBALMACR
- ECONOMY
Is Putin Fully Weaponizing The Nord Stream Pipelines?
(Bloomberg Opinion) — As Ian Fleming, the British author who created James Bond, wrote: “Once is happenstance. Twice is coincidence.…
Read More » - ECONOMY
The Global Race to Hike Rates Tilts Economies Toward Recession
(Bloomberg Businessweek) — Central banks are intent on driving the world economy perilously close to a recession. Late to see…
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Jerome Powell To The Rest Of The World: Drop Dead
(Bloomberg Opinion) — Ouch. If Americans expected inflation to peak in the summer, the US consumer price inflation report for August…
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It Was 30 Years Ago Today, George Soros Taught The Bank To Play
Happy Black Wednesday Friday Margaret Thatcher always used to say that “you can’t buck the markets.” Having in 1990 been dragged…
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A Surging Dollar Is A Mixed Blessing For The US
The major driver of dollar strength on Monday was yet another disruption to the European gas market as Russia announced…
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Wall Street Is In Denial Over The Economy
(Bloomberg Opinion) — We know that the US economy is currently weak, but the real economy is really weak, and…
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Can Crypto’s Richest Man Stand The Cold?
(Bloomberg Businessweek) — During the first few months of this year—back when buying digital tokens named after dog memes was…
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Russia’s Crude Oil Revenues Take a Hit Even as Exports Swell
(Bloomberg) — Russia is earning less from its oil exports, even as seaborne crude shipments surge to a six-week high. That’s because of…
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Ukraine Latest: Australia Sanctions Putin’s Daughters, Senators
(Bloomberg) — Restrictions by the U.S. and its allies have led to a fall in more than half of Russia’s…
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Top China Covid Fighter Is Woman Who Hit Party’s Glass Ceiling
(Bloomberg) — Among the resources President Xi Jinping has deployed to arrest surging Covid deaths in Hong Kong is the…
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Ukraine Update: MasterCard Halts in Russia; Biden-Zelenskiy Call
(Bloomberg) — Visa Inc. and MasterCard Inc. have suspended operations in Russia amid growing pressure from within Ukraine and from…
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Fed Decries a Wealth Gap It Helps Perpetuate
(Bloomberg Opinion) — Federal Reserve officials often decry the unprecedented disparity between the wealthy and poor. But they usually avoid…
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U.K. Economy Seen Slowing Sharply on Record Staff Shortages
Britain’s economy grew at the slowest pace since the height of lockdown in February, which purchasing managers blamed on staff…
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London’s Housing Market Shows Hit From Home Working
(Bloomberg) — London private housing rents fell in July compared with a year earlier as the ability to work from…
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Capitalists Are No Longer Welcome in China’s Classrooms
(Bloomberg Opinion) — There were plenty of signs that an assault on China’s for-profit tutoring was coming. But few predicted that Beijing…
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Banning New Gas Cars Is Key for Hitting EU’s Climate Goals
(Bloomberg) — The European Union must set a date to phase out the sale of new petrol and diesel cars…
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