Recession may now be very close
29th August 2011 by

German Chancellor Merkel’s recent comment that “I don’t see anything which signals...

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An unmanaged Greek default gets closer
23rd June 2011 by

The Dominique Strauss-Kahn affair may come to be seen as a critical turning point, when the story of...

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Wine price rises parallel those for crude oil
13th January 2011 by

Many of the blog’s readers have been known to sample the occasional glass of wine. So it thoug...

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IMF warns on government spending
18th May 2010 by

The global economy and the chemical industry have been boosted, since the Crisis began in 2008, by m...

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Markets approach the “drawn-out fundamental downtrend” phase
8th May 2010 by

Sell in May and Go Away” is the oldest rule in stock market investment. This week has certainl...

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IMF targets bankers’ FAT
22nd April 2010 by

We are often told that investment bankers are much cleverer than the rest of us. But sometimes, they...

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Recovery to be “weak by historical standards” – IMF
1st October 2009 by

The good news is that the IMF thinks that the economy may have stopped getting worse. The bad news i...

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World Bank sees deeper recession
23rd June 2009 by

The chemical industry is always a leading indicator of the global economy. One of the blog’s o...

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Oil market “bubble” builds, as recession deepens
26th April 2009 by

Stock markets may have rallied over the past month. But the International Monetary Fund (IMF) sees n...

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Credit crisis losses head for $4 trillion
9th April 2009 by

To misquote the famous HL Mencken phrase, “nobody ever went broke under-estimating the losses ...

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