Chemicals and the Economy

One week later
25th September 2007 by

A week ago, I wrote that it would be important to see if ‘the US Federal Reserve can pull a rabbit...

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Shell, Saudi Aramco to build new $7bn US refinery
24th September 2007 by

Shell and Saudi Aramco have now confirmed plans to spend $7bn to build what they term ‘the first n...

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Goldman sees $95/bbl oil
20th September 2007 by

Well, now we know. Interviewed by the Financial Times on Monday, Alan Greenspan rejected the widely-...

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The hurricane touches down
18th September 2007 by

Extraordinary events have taken place in the UK since my posting on Friday: • A bankrun took place...

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Northern Rock – subprime contagion spreads
14th September 2007 by

When the US subprime crisis began, we were assured by the ‘experts’ that it was only a small pro...

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OPEC seeks lower oil prices
12th September 2007 by

OPEC are sounding a note of concern about the impact of high oil prices on the world economy. Hasan ...

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To cut, or not to cut?
9th September 2007 by

One of the benefits of writing this blog is that it provides the opportunity to research behind the ...

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Blackstone moves on China BlueStar
7th September 2007 by

There’s an interesting indication today of the changes taking place in the Chinese economy. Bloomb...

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Two swallows
6th September 2007 by

This week has seen more downbeat news on US auto and housing sales. Ford said their total August veh...

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Every mania is based on an illusion
4th September 2007 by

I first wrote about the subprime crisis two months ago, as it began to be noticed in the press. Hous...

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