Chemicals and the Economy

UK banks follow US lead in tightening credit
13th February 2008 by

The Bank of England’s quarterly survey of corporate credit conditions, published today, shows that...

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USA adds $746bn to support housing
21st December 2007 by

Housing, as we know, is an absolutely key market for the chemical industry, both directly and indire...

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Beggar my neighbour
19th November 2007 by

English children have a card game called ‘Beggar my Neighbour’, where the aim is to win all the ...

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Inflation makes a comeback
29th October 2007 by

Oil prices last week rose to an all-time, inflation-adjusted, high in New York at over $92/bbl. Mean...

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4 risks from the credit crisis
26th October 2007 by

The Bank of England correctly predicted in April this year that the risks associated with US subprim...

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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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Stress-testing the global financial system
12th July 2007 by

Yesterday’s “swings in financial derivative prices were so extreme that they implied scenari...

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