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  • The end of 'stretch targets'

    There is little doubt that chemical growth is weakening. The above chart, taken from Kevin Swift's excellent weekly report for the American Chemistry Council, indicates that a serious downturn is underway. Since January, world production growth (the solid green line) has halved - from 4.1%, to 1...
    Posted to ICIS Blogs (Weblog) by Anonymous on 07-27-2008
  • $216.9bn and still rising

    After a while, large numbers lose their power to shock. So Bloomberg and the FT have performed a service this week by reminding us of the scale of losses in the financial sector. They calculate that so far, US and European banks have had to raise $216.9bn of new capital . And, of course, whilst this...
    Posted to ICIS Blogs (Weblog) by Anonymous on 05-04-2008
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