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Global Trade Hit By Rare Decline As “Supply Chains Seize Up”
Global Trade Hit By Rare Decline As “Supply Chains Seize Up” With the Trump administration about to slap tariffs of up to 25% on an additional $200 billion in Chinese goods, new data suggests that the global slowdown has already begun. Confirming our observations from two weeks ago, in which we showed that the latest […]
China’s Pig Market On Lockdown As African Swine Fever Spreads
China’s Pig Market On Lockdown As African Swine Fever Spreads A series of African Swine Fever outbreaks in China is “here to stay,” the UN Food and Agriculture Organization (FAO) said on Friday, adding that it could spread to neighboring countries in Asia. On Wednesday, the FAO assembled an emergency meeting in Bangkok consisting of […]
Bayer Beware: Lawyers Claim To Have “Explosive” Monsanto Documents
Bayer Beware: Lawyers Claim To Have “Explosive” Monsanto Documents Lawyers involved in a California lawsuit against Monsanto claim to have “explosive” documents concerning the Bayer-owned agrochemical giant’s activities in Europe, according to Euronews. “What we have is the tip of the iceberg. And in fact we have documents now in our possession, several hundreds documents, that have not […]
US Military Preparing For “Options” In Syria
US Military Preparing For “Options” In Syria Events are moving rapidly in Syria as Russian jets pound insurgent positions in Idlib Province and as the Syrian Army initiates a ground invasion which Damascus has described as coming in a “phased” approach. The White House responded to the Syrian and Russian bombing campaign by vowing it would act “swiftly and […]
Top US Envoy Says “Lots Of Evidence” Assad Prepping Chemical Weapons; Russia Threatens Attack On US Base
Top US Envoy Says “Lots Of Evidence” Assad Prepping Chemical Weapons; Russia Threatens Attack On US Base While Syria seemed to have dropped from the Western media’s radar over the past months as the Syrian Army and its Russian and Iranian allies made rapid gains, multiple huge developments this week have returned the war to center […]
Australia’s Big Banks Raise Mortgage Rates, Sparking Housing Market Fears
Australia’s Big Banks Raise Mortgage Rates, Sparking Housing Market Fears For decades, the housing market in Australia – which has not seen a recession in 27 years – appeared immune to any external or internal shocks, as prices kept rising gingerly year after year. That all changed in the past year, when according to Core […]
“It Will Get A Lot Worse”: Global Stocks Tumble As EM Contagion Roils Markets
“It Will Get A Lot Worse”: Global Stocks Tumble As EM Contagion Roils Markets Global stocks tumbled on Wednesday, as a drop in European markets followed a broad sell-off across Asia, as rising pressure on emerging markets intensified concerns of contagion and spillover into developed markets, leading to a sea of red in world stocks. […]
Japan Paralyzed After Strongest Typhoon In 25 Years Makes Landfall, Killing 8
Japan Paralyzed After Strongest Typhoon In 25 Years Makes Landfall, Killing 8 Typhoon Jebi struck the heart of one of Japan’s largest metro areas on Tuesday, killing at least eight people and shutting down Osaka’s main international airport indefinitely, leaving close to 3,000 people trapped inside. The storm – the strongest on earth so far […]
Peso, Rand Plummet As Emerging Market Crisis Deepens
Peso, Rand Plummet As Emerging Market Crisis Deepens The EM contagion is slamming currencies around the globe, and while the Turkish Lira remains relatively immune for the time being, traders are now focusing their attention on the South African rand and the Argentine peso, both of which are in freefall this morning. The ZAR has […]
“Expect More Pain”: As EM Contagion Goes Global, Wall Street Sees No Way Out
“Expect More Pain”: As EM Contagion Goes Global, Wall Street Sees No Way Out With Trump set to announce another $200BN in Chinese tariffs as soon as Thursday, sparking fears of a more acute phase of global trade wars and sending the dollar higher and US equity futures lower, the emerging market contagion vortex is […]
Despite Trump Warning, Russia Resumes Major Airstrikes On Idlib
Despite Trump Warning, Russia Resumes Major Airstrikes On Idlib lt doesn’t appear that Syrian and Russian forces are overly concerned with the Monday evening threats from both President Trump and Nikki Haley warning Assad and Russia against attacking Idlib Province, as Middle East sources now report that Russia has resumed an intense air campaign over […]
EM Rout Returns As Global Stocks Fade, Dollar Surges
EM Rout Returns As Global Stocks Fade, Dollar Surges With the US returning from holiday, US equity futures are flat from Friday’s close, while stocks in Europe slumped, reversing an early gain as Italian and Spanish bank shares faded and the major London, Frankfurt and Paris bourses faltered; this followed a mirror image in Asian price […]
The Upside Of ‘Global Warming’
The Upside Of ‘Global Warming’ An interview from the Russian Ministry for Maritime and River Transport published on website PortNews says that Arctic ports along the Northern Sea Route are experiencing a surge in cargo. Up to August 24th of this year, 9.95 million tons of goods went through ports in the region, an 81 […]
Russell Napier: “The IMF Is About To Send A Profound Shudder Through A Generation Of Investors”
Russell Napier: “The IMF Is About To Send A Profound Shudder Through A Generation Of Investors” Bringing Up The Bodies in Emerging Markets ‘The order goes to The Tower, “Bring up the bodies.”’ — Bring Up The Bodies, Hilary Mantell (The Forth Estate, Jan 2015) For many investors the meltdown in emerging market exchange rates […]
