Chemicals and the Economy

Every mania has its illusion
10th August 2007 by

All the world’s media are now carrying accounts of the ‘liar loans’ and fraud that has accompa...

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Subprime: a many-headed Hydra
10th August 2007 by

Yesterday, the ECB (European Central Bank) provided an unprecedented €95bn into the region’s cre...

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US auto sales catch subprime fallout
10th August 2007 by

Two of the largest US auto manufacturers, GM and Ford, have now followed Wal-Mart and Tesco’s lead...

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ICI and Akzo (2)
8th August 2007 by

It seems from the media comment that Akzo is likely to announce an agreed bid for ICI tomorrow (in o...

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Regional markets at price parity again
7th August 2007 by

An interesting thing has happened to benzene markets, which I haven’t seen noted elsewhere. Accord...

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Interesting Quotes
6th August 2007 by

Normally a 275 point fall on Wall Street, and a 600 point fall in Hong Kong, would make for some hea...

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NINJA turtles ride again
2nd August 2007 by

The head of Germany’s financial regulator is warning that US subprime mortgage problems may be abo...

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Turning base quality loans into gold
31st July 2007 by

Alchemists once claimed the ability to turn base metal into gold. More recently, some bankers seem t...

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Greed and Fear
25th July 2007 by

Bill Gross runs PIMCO, the world’s largest government bond managers with assets of nearly $700bn. ...

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Oil prices and the euro
24th July 2007 by

The US dollar has been falling steadily in recent weeks. It is particularly weak against the euro, h...

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