Sourcing & Trading Intelligence for Global Metals Markets
It’s not entirely a serious proposition — yet. But the point is the global market for hydrocarbons is undergoing a fundamental change, and whether you are a major energy consumer or not, the impact will be felt throughout the manufacturing landscape. In the short term, it is difficult to see how prices can go any [...]
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Continued from Part One. Across Europe, figures understandably vary. Whereas Germany and France’s jobless rates held steady at 5.7 percent and 10 percent, respectively, Spain’s hit 23.6 percent in February, up from 23.3 percent in January and Greece’s was at 21 percent in December — since then, the authorities have been unable or unwilling to [...]
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To quote Dickens: it was the best of times, it was the worst of times. But where Dickens’ A Tale of Two Cities was talking about life in the cities of London and Paris in 1775, we could paraphrase the same sentiment to consider the relative positions of two of the largest economies in the world. [...]
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Outside of Europe, the Netherlands is often overlooked in the debt crisis debate and analysis, largely because it lacks the GDP of other core countries — $780 billion as compared to Germany’s $3.28 trillion and France’s $2.56 trillion. (Even Spain at $1.41 trillion and Italy at $2.01 trillion are considerably larger.) But the Netherlands is also overlooked [...]
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Continued from Part One. In the autumn of 2010, the International Monetary Fund thought Greece would shrink by a rather modest 2.6 percent in 2011. We now know the economy last year fell about 7 percent. The Greek fiscal position was bad not only because of a lack of effort, but also because the economic [...]
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