Home » Posts tagged 'financial times' (Page 2)
Tag Archives: financial times
The FT Editorial Board has a problem with those who pretend to solve climate change. Who might they have in mind?
The FT Editorial Board has a problem with those who pretend to solve climate change. Who might they have in mind? “The depressing reality about climate change is that we could solve the problem, at manageable cost, but are failing to do so.” So the Financial Times Editorial Board concluded on 26th December. “This failure […]
ECB Takes “Unprecedented” Step Of Putting Italy’s Banca Carige In Administration
ECB Takes “Unprecedented” Step Of Putting Italy’s Banca Carige In Administration Investors who had hoped that the resolution of Italy’s budget showdown with the EU would mark an end to a volatile period for Italian bonds and stocks were disappointed Wednesday when fears about an Italian banking crisis reemerged after the ECB appointed a slate […]
Weekly Commentary: The Perils of Inflationism
Weekly Commentary: The Perils of Inflationism December 13 – Financial Times (Chris Giles and Claire Jones): “When the European Central Bank switches off its money-printing press at the turn of this year and stops buying fresh assets, it will mark the end of a decade-long global experiment in how to stave off economic meltdowns. Quantitative […]
France Takes The Lead In Protecting Iran Oil Trade From U.S. Sanctions
France Takes The Lead In Protecting Iran Oil Trade From U.S. Sanctions France aims to lead the European Union (EU) efforts in defying U.S. sanctions on Iran, by supporting the creation of a payment mechanism to keep trade with Iran and making the euro more powerful, France’s Economy Minister Bruno Le Maire said in an […]
UK Readies Apocalyptic Flotilla Of Emergency Supplies In Case Of “No-Deal” Brexit
UK Readies Apocalyptic Flotilla Of Emergency Supplies In Case Of “No-Deal” Brexit UK authorities are drawing up plans to charter a flotilla of supply ships to ferry in emergency food and medicines in the event of a “no-deal” Brexit next March, according to FT, which reports that the move was “greeted with disbelief at a stormy […]
America Is Overdue for Another Economic Disaster
America Is Overdue for Another Economic Disaster A trader monitors screens on the New York Stock Exchange. (Lucas Jackson/Reuters) Underneath the current economic boom, there are some truly worrying signs.Eric Sevareid (1912–1992), the author and broadcaster, said he was a pessimist about tomorrow but an optimist about the day after tomorrow. Regarding America’s economy, prudent […]
Why Mainstream Economics Consistently Fails to Explain the Occurrence of Recessions?
WHY MAINSTREAM ECONOMICS CONSISTENTLY FAILS TO EXPLAIN THE OCCURRENCE OF RECESSIONS? In his article released on March 21 2018 – Economics failed us before the global crisis – Martin Wolf the economics editor of The Financial Times expressed some misgivings about macroeconomics. Economics is, like medicine (and unlike, say, cosmology), a practical discipline. Its goal […]
Weekly Commentary: Nobody Thinks It Would Happen Again
Weekly Commentary: Nobody Thinks It Would Happen Again WSJ: “Ten Years After the Bear Stearns Bailout, Nobody Thinks It Would Happen Again.” Myriad changes to the financial structure have seemingly safeguarded the financial system from another 2008-style crisis. The big Wall Street financial institutions are these days better capitalized than a decade ago. There are […]
Don’t Confuse Peak Oil And The Peak Oil Debate
Don’t Confuse Peak Oil And The Peak Oil Debate In the past five years of writing about energy one of my favorite observations has been that people get into trouble because they “confuse Peak Oil and the Peak Oil Debate.” In other words, they confuse what Peak Oil IS and what Peak Oil MEANS. Because […]
The Antidote to Optimism
The Antidote to Optimism It is always brightest before they turn the lights out. You can quote us on that, Dear Reader. Just when you thought things couldn’t get better… guess what? They don’t. They go dark as a dungeon. Antidote to Optimism Our task today is to show that however wonderful things may appear […]
Can Wikipedia’s Jimmy Wales fix the news?
Can Wikipedia’s Jimmy Wales fix the news? Traditional media is broken, the tech entrepreneur says. But will his new reader-funded service be any better? Wikipedia founder Jimmy Wales stands in the doorway to his office Friday, Dec. 1, 2006 in St. Petersburg, Fla. — AP Photo/Steve Nesius Jimmy Wales has already triggered one global information revolution. Now he is […]
Mark Zuckerberg’s Long Litany Of Failings – Mainstream Media Turns On Social Media
Mark Zuckerberg’s Long Litany Of Failings – Mainstream Media Turns On Social Media The mainstream media is a fickle beast beholden to the direction of the prevailing political winds. Unfortunately for Facebook, Google and Twitter, those winds have turned about face in recent weeks as the political establishment thrashes about in its misguided efforts to […]
Saudi Arabia Offers Arrested Royals A Deal: Your Freedom For Lots Of Cash
Saudi Arabia Offers Arrested Royals A Deal: Your Freedom For Lots Of Cash Saudi Arabia just introduced a 70% wealth tax. It did so in a most original way… As we noted shortly after the Crown Prince’s purge of potential rivals within Saudi Arabia’s sprawling ruling family, while the dozens of arrests were made under […]
