LyondellBasell considers bankruptcy
31st December 2008 by

2008 has not ended well for the chemical industry. First there was the collapse in demand, as the va...

The ‘difficult task of damage control’
8th July 2008 by

The central bankers’ bank (the Bank for International Settlements) is not very impressed with ...

Japan’s factory output weakens
28th February 2008 by

The blog has been following the debate over ‘decoupling’ with some interest. With the US going i...

US housing worsens
8th October 2007 by

Its now 3 months since we first saw the impact of the subprime crisis. At that time, the main impact...

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...

2008 Budgets just became more difficult to finalise
17th July 2007 by

Central bankers are like generals. They seem to prefer fighting their last war, rather than preparin...

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