The Rules for doing business have to change. As NATO’s leader, Mark Rutte, has warned, Europe needs to “Raise defense spending or start learning Russian”
Chemicals and the Economy
Trump launches trade war with US’s top 3 trade partners; says Europe & key business sectors are next
“The Dumbest Trade War in History. Trump will impose 25% tariffs on Canada and Mexico for no good reason.” Wall Street Journal editorial
Europe’s chemical industry, and its economy, face an existential challenge
Time is not on Europe’s side. Hopefully, this crisis will now lead policymakers to take the urgent actions that are now essential.
La Niña effect increases natural gas prices as colder weather forecast for N America & Europe
Europe is also in the midst of what is forecast to be its coldest winter since Russia’s invasion of Ukraine, with the continent already dipping deeper than usual into gas storage as temperatures plummet.
Europe’s economy loses its “engine”, as France follows Germany into political turmoil
Europe has been built through crisis since the end of World War 2. Today’s economic and political crises require a similar focus on reinvention.
Companies need to refocus to avoid over-capacity problems ahead
Today’s population growth is mainly due to increasing life expectancy, not babies being born. And these Perennials 55+ are the most under-served generation in history. Companies who pivot to meet their needs are likely to be very successful
Chemicals must respond to demographic destiny
Demographic changes are now transforming the nature of demand in chemicals and other industries. Far-sighted companies around the world are already adapting their strategies for success in today’s New Normal.
Chemicals industry starts to focus on Reinvention options at Berlin conference
The key is to rethink the business and become demand-led. And the good news is that companies are now starting to explore this option.
Middle East and Ukraine Wars, US election and China’s slowdown threaten ‘October surprise’ for markets
The real “October surprise” for markets might be to find out that central banks are powerless against today’s major geopolitical risks.
Deflation risks rise as OPEC aims to regain market share and cut oil prices
Oil market developments need very careful attention. If prices do now fall below $50/bbl, then central banks will likely rush to make major cuts in interest rates. And that will make deflation even more likely.
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