Europe’s economy grapples with an acute energy shock
For the best part of a decade, rock-bottom interest rates seemed like a fact of life in the euro zone—as did low inflation….
Should China spend more on infrastructure?
Rarely can so much have been used by so few. During Shanghai’s long lockdown, which mercifully eased this week, the city’s…
Why the oil price is spiking again
May 31st 2022 (Updated Jun 2nd 2022)In the 1970s Arab states used the “oil weapon” of embargoes to punish Western governments…
China’s dilemma over a curious breed of financial firm
China’s local-government financiers have a complex identity. Tasked with developing land and doing public works, they act on…
The return of the inventory cycle
Remember the Great Moderation? This refers to the period before the global financial crisis of 2007-09 during which there was…
What America’s next recession will look like
Jun 1st 2022 | WASHINGTON, DCThese days it is hard to turn a corner without bumping into predictions of an American recession….
Why oil prices are spiking again
May 31st 2022 (Updated Jun 1st 2022)In the 1970s Arab states used the “oil weapon” of embargoes to punish Western governments…
Why oil is back above $120 per barrel
In the 1970s Arab states used the “oil weapon” of embargoes to punish Western governments for supporting Israel. On May 30th…
The changing American consumer
Asked recently about Amazon’s sprawling network of warehouses Brian Olsavsky, the firm’s finance chief, did not mince words….