Chemicals and the Economy

“Debt-financed growth model has reached its limits”, admits German finance minister
29th February 2016 by

Central bank policy-making is becoming more and more dysfunctional, as German Finance Minister Wolfg...

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Brexit poll creates UK, euro interest rate rise risk
26th February 2016 by

Financial markets are very bad at evaluating political risk.  They assume people will always be rat...

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China power demand surge ends as Old Normal economy slows
24th February 2016 by

The decline in China’s electricity consumption growth highlights the remarkable slowdown under...

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Oil prices remain at pre-2005 levels as inventories rise
22nd February 2016 by

Its mid-winter in Russia, and the snow is deep in some parts of Moscow.  Meanwhile in Venezuela the...

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If only the central banks could print babies
19th February 2016 by

The Financial Times has kindly printed my letter below, arguing that central bank stimulus can’...

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Auto sales slump in Japan, Brazil and Russia as China slows
17th February 2016 by

China’s slowdown is continuing to reverberate around the world.  One way of measuring this is...

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Tokyo, Shanghai stock markets fall; yen rises 8% in 2 weeks
15th February 2016 by

Pity poor Janet Yellen, you might say.  The head of the US Federal Reserve told the Senate last wee...

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Smartphones head for price war as China sales fall 4% in Q4
12th February 2016 by

We all now carry around a mini-computer in our pockets – one with more power than those which ...

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IEA says market “awash with oil” – debunks bullish myths
10th February 2016 by

Oil markets are the proverbial “canary in the coalmine”.  They are showing us what happ...

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The World’s Economy Soared Last Year (or Plunged)
8th February 2016 by

  ECONOMIC TRENDS    Danny Hakim @dannyhakim FEB. 8, 2016 “LONDON — Did global outp...

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