2014 another bad year for force majeures
13th February 2015 by

2013 wasn’t a good year for chemical plant reliability.  As I noted a year ago, force majeure...

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Vast amounts of stimulus have not made China “middle class”
12th February 2015 by

Debt can’t make a country middle-class overnight.  Even a massive amount of debt can’t ...

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Deflation gains: China’s plastics market sees over-capacity
11th February 2015 by

More and more commentators are beginning to recognise that deflation is becoming inevitable in man...

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Mckinsey says global debt now 3x global GDP, and rising
10th February 2015 by

A major new report from consultants McKinsey confirms my concerns over the dramatic increase in glob...

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Oil prices jump 20% in 2 days in SuperBowl weekend coup
9th February 2015 by

An astonishing coup appears to have begun 10 days ago, in the last 45 minutes of trading in US oil ...

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54000 millionaires needed to buy new London apartments
6th February 2015 by

‘Nothing succeeds like excess’.  That seems to be the motto of London property develope...

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US stock markets weaken as bond yields signal deflation is near
5th February 2015 by

Increasing volatility in major Western financial markets suggests they are struggling to maintain th...

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Greece and the Eurozone head for showdown over debt issue
4th February 2015 by

We all learnt one crucial lesson from Syriza’s victory in the Greek election last week R...

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China’s slowdown hits PE imports from N America and NE Asia
3rd February 2015 by

A manufacturing slowdown is now well underway in China, as the latest official and unofficial Indi...

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The world of $100/bbl oil is unlikely to return
2nd February 2015 by

Chemical markets are continuing to signal that the world faces major economic challenges in 2015. ...

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