Most economic forecasts are too optimistic
31st January 2009 by

Prof David Blanchflower, of the Bank of England, is not optimistic that the current recession will e...

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Cramer hits at Dow’s Liveris
31st January 2009 by

The credibility of some chemical industry CEO’s seems to be under increasing attack, due to th...

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IMF says “demand has collapsed”, sees “deflation risk”
31st January 2009 by

A year ago, the International Monetary Fund rightly warned that the world was facing a “seriou...

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Dow Chemical moves to Plan B
28th January 2009 by

A month ago, after the collapse of the K-Dow deal, the blog suggested that Dow would need to move qu...

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Saudi cuts oil output below OPEC quota
26th January 2009 by

Saudi Arabia, the world’s largest oil producer, now seems to be moving to Phase 2 of its effor...

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Global chemical production down 4.4% in November
25th January 2009 by

Global chemical production is now falling at an alarming rate, down over 4% in November, as core dem...

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INEOS announce €1bn inventory loss in Q4
25th January 2009 by

In early October, I forecast that we were about to revisit “the scariest moment of my 30 year ...

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Asian economies hit: US home starts slump
22nd January 2009 by

Asia is hard-hit by the downturn in the Western economy. Today, China said its Q4 GDP had grown just...

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INEOS, Georgia Gulf, Chemtura bond prices plunge
20th January 2009 by

Bond markets are a good place to look if you want to understand the outlook for major companies in t...

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Shanghai region slows
19th January 2009 by

The Yangtze River Delta region (which includes Shanghai, Jiangsu and Zhejiang) accounted for 22% of ...

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