Posts Categorized: Current Events

Economic Insights – Euro Not Out Of The Woods

Italy’s provisional GDP data for 2014Q2 provide a timely reminder that the euro zone economy is still deep in the mire.  ECB policymakers, who are to meet tomorrow, will very likely be content to give their June measures a chance to take effect.  But the starting-point for the hoped-for economic upswing looks like being lower… Read more »

Italy’s provisional GDP data for 2014Q2 provide a timely reminder that the euro zone economy is still deep in the mire.  ECB policymakers, who are to meet tomorrow, will very likely be content to give their June measures a chance to take effect.  But the starting-point for the hoped-for economic upswing looks like being lower… Read more »

Economic Insights: Iraq – New Market Theme

The nearby Brent crude oil price rose early today to a nine-month peak above $113/bl.  Since news broke that Mosul had fallen to a force of Sunni extremists, the market has built a risk premium of about 3% into this price.   That is still modest compared with the rises in crude costs that occurred in… Read more »

The nearby Brent crude oil price rose early today to a nine-month peak above $113/bl.  Since news broke that Mosul had fallen to a force of Sunni extremists, the market has built a risk premium of about 3% into this price.   That is still modest compared with the rises in crude costs that occurred in… Read more »

Could the Present Slump have been Foreseen?

Most people reading this will be too young to remember the 1930s. For some it was a period of tranquility, for others of great activity and for yet others, despair. Some like Winston Churchill perceived war clouds, others were determined never to return to the slaughter of twenty years ago. Actually parts of Britain, primarily… Read more »

Most people reading this will be too young to remember the 1930s. For some it was a period of tranquility, for others of great activity and for yet others, despair. Some like Winston Churchill perceived war clouds, others were determined never to return to the slaughter of twenty years ago. Actually parts of Britain, primarily… Read more »

Don’t Bay at Putin, Deal With Him

The Ukraine was first settled by northern Slav people’s early in the last Millennium establishing their base in Kiev and in the early centuries it became the largest and most powerful state in Europe under King Vladimir the Great. It was then that it adopted Orthodox Christian (it was said the Islam was also on… Read more »

The Ukraine was first settled by northern Slav people’s early in the last Millennium establishing their base in Kiev and in the early centuries it became the largest and most powerful state in Europe under King Vladimir the Great. It was then that it adopted Orthodox Christian (it was said the Islam was also on… Read more »

Are the Senkaku Islands the Only Source of Conflict for China?

Around eight hundred years ago Ghengis Khan invaded, then occupied, China. It seems that when Mongolia and Central Asia becomes very cool, there is little for the people, or their herds, to eat so they move south-east and west. The Great Khan’s warriors were entirely mobile, their bone bows could out-range their enemies and they… Read more »

Around eight hundred years ago Ghengis Khan invaded, then occupied, China. It seems that when Mongolia and Central Asia becomes very cool, there is little for the people, or their herds, to eat so they move south-east and west. The Great Khan’s warriors were entirely mobile, their bone bows could out-range their enemies and they… Read more »

Will Appeasing Iran Create Another ‘Thirty Years War’?

Students of the Seventeenth Century will recall that it was later called the Little Ice Age for it was unusually cool from around 1600 onwards and lasted about one hundred years; later research showed that it was part of a cyclical event described in ‘The Big Picture’ part of the site. It was called The… Read more »

Students of the Seventeenth Century will recall that it was later called the Little Ice Age for it was unusually cool from around 1600 onwards and lasted about one hundred years; later research showed that it was part of a cyclical event described in ‘The Big Picture’ part of the site. It was called The… Read more »