Somewhat muted news flow this week. But we still found news that make C Thomas angry. EU’s gas price cap, US Midwest mayors looking for Chinese investments, Toyota president saying silent majority questioning EV-only push, ESG fund managers’ frustration with the regulators, Big Short Burry seeing similarities between crypto and 2008 crisis, US Senate banking …
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This week we discuss $30bn Saudi & Chinese deal, US & Russia prisoner swap, UK approving a new coal mine, Italy, Japan, and the UK teaming up to build a fighter jet, and British government looking to ease financial rules. Strength in numbers: Saudi Arabia and China seal 35 deals worth $30bn during Xi Jinping’s …
Indonesia putting 100-island archipelago up for auction, and wanting to create an OPEC-like organization for Nickel, Xiaomi aiming to sell 10 million electric cars annually, China’s comprehensive relationship with Latin America, and nuclear energy gaining popularity. Indonesia puts 100-island archipelago up for auction, sparking environmental concerns | Indonesia | The Guardian Indonesia wants to make …
News that caught our eyes this week were Russia claiming there has been another sabotage attempt to its gas pipelines, Ghana planning to buy oil with gold instead of US dollars, Norway postponing oil and gas licensing round, China’s covid zero protests, rail strike in the US, and yield curve inversion reaching an extreme. Russia …
This week we look at Elizabeth Holmes, Trump running in 2024, Bobs of Disney, Cap on Russian oil prices, how far Fed would go, and the World Cup. C Thomas: Happy Hump day! Welcome back to Looking Backwards Looking Forwards. https://www.bbc.com/news/business-58336998 Austerity: Let’s start with Elizabeth Holmes. She is convicted with 11 years of prison. …
• US Midterm Election • CPI Inflation October • University of Michigan Consumer Sentiment Index November • The layoffs • US-China relations • The bankruptcy of the crypto exchange – FTX C Thomas: Happy Hump day! Welcome back to Looking Backwards Looking Forwards. I’m C Thomas. I’m here with Austerity Jones. Austerity: Happy Wednesday C …
Happy Hump Day! Welcome back to Looking Backwards, Looking Forwards. I’m C Thomas Printer and I’m here with Austerity Jones. Austerity: Happy Wednesday, C Thomas. Today, let’s start with last week’s interest rate hikes. On Wednesday, the Fed raised interest rates by 75 basis points, which brought borrowing costs to the highest since 2008. And on …
• The election result in Brazil Brazil election: Lula makes stunning comeback – BBC News • Biden’s tax move on oil companies Joe Biden threatens higher taxes on oil companies amid high gas prices (cnbc.com) • China’s lower than expected factory activity China’s factory, services activity skids on relentless COVID curbs | Reuters • Labor …
This week we are talking about: Looking Backwards Looking Forwards Happy hump day, and welcome back to Looking Backwards Looking Forwards. I’m C Thomas Printer and I’m here with Austerity Jones. Happy Wednesday C Thomas. I want to ask you 3 items and what did you think of them. First, PMI came out on Monday. …
On this episode we talk about: C Thomas: Happy Hump Day! Welcome back to Looking Backwards, Looking Forwards. I’m C Thomas Printer. I’m here with Austerity Jones. Austerity: Happy Wednesday! C Thomas, we have three items from the past and three items to look forward to. As we look backwards, let’s go around the world …