The multiple crises facing the global economy are creating a ‘Ring of Fire’
Wars, energy disruptions and protectionism are creating multiple crises. These are forcing companies to rethink their supply chains. They are also opening up new opportunities in local production and defence.
EU set to launch trade ‘bazooka’ to combat Chinese imports
Europe has left it very late to start protecting its own industries. If it doesn’t move now, key industries such as chemicals and autos will continue to disappear.
Global interest rates jump as energy crisis builds ahead of the winter
Today’s energy crisis exposes the risk created by governments’ addiction to debt since 2008. So instead, as with a diesel export ban, they risk making a bad situation even worse.
Iran/Ukraine Wars create energy crisis, interest rate, inflation and recession risk
There seems no sign that either war will end soon. Companies and investors need to plan for further disruption and much higher costs, as today’s higher oil and transport costs are passed…
US 10-year interest rate nears 5% as rising energy costs fuel inflation
Policymakers lost touch with the real world as their stimulus programmes – $353tn, 305% of global GDP – drove global debt to record levels after 2008. But now, the energy crisis is…
Chemical and diesel markets warn of rising prices, potential shortages ahead
Wars are always inflationary. And the Iran and Ukraine Wars are following this pattern. Inevitably, this inflation will continue to work its way down the value chain. As chemicals are warning, higher…
Oil product shortages and price hikes seem inevitable as Gulf War moves into 6th month
European and Asian buyers need to worry about whether US exports of transport fuels will continue in the autumn as the US midterm elections loom. The risk is that the White House…
AI’s financial bubble adds to energy market risks
Two major wars are underway in Europe and the Arabian Gulf. The IEA continues to warn that they have already created “the largest energy supply disruption in history”. And now, it seems…
Brent returns to $100/bbl, with 25% of global output now impacted by war
If Trump now walks away, he will leave Iran with control of Hormuz. But he will need a lot of ‘boots on the ground’ to invade a country of 93 million people…..