Category Archive: 5) Global Macro

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Gravitas: Why your oil bills could spike again

2022-09-10

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The OPEC Plus has decided to start cutting oil production in October by 100,000 barrels. Western sanctions on countries like Iran and Venezuela could squeeze oil supplies further. Palki Sharma tells you more.

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What to expect from King Charles III

2022-09-09

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King Charles III has very large shoes to fill. How will he change the British royal family? 00:00 - Britain has a new king 01:08 - The English constitution 01:57 - The importance of religion 03:56 - Charles has big shoes to fill 06:09 - Slimming down the monarchy 07:21 - Will Charles be a meddling king? 08:44 - Could there be a constitutional crisis? 10:35 - The future of the British monarchy What will Charles do now? https://econ.st/3RLTCdS...

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The EU’s Crisis Is Global

2022-09-09

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2022-09-09

The EU's crisis isn't limited to energy. It is a manifestation of the global breakdown of Neocolonialism, Financialization and Globalization. The European Union (EU) was seen as the culmination of a centuries-long process of integration that would finally put an end to the ceaseless conflicts that had led to disastrous wars in the 20th century that had knocked Europe from global preeminence.

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Be Sure to Read the Medicare Fine Print

2022-09-09

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2022-09-09

Medicare. The government defines it as “The federal health insurance program for people 65 and older.” That seems simple enough. But there’s more to it than meets the eye because Medicare, like so many other things, has fine print that could end up costing you a lot of money if you don’t know about it.

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Putin: Deal favouring west, at developing countries’ expense | Latest World News | WION

2022-09-09

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Russian President Vladimir Putin has said that Russia and the developing world had been cheated by the UN-brokered Ukrainian grain export deal. Putin has now called for the deals review.

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Queen Elizabeth II: her reign in numbers

2022-09-08

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Queen Elizabeth II has died. Her 70-year reign was the longest of any British monarch—and spanned a period in which the world has radically changed. This is the story of her remarkable reign in numbers. 00:00 - Queen Elizabeth II: her reign in numbers 01:20 - How Britain transformed 03:00 - How many hours has the Queen worked? 04:14 - The Queen and the Commonwealth 04:45 - Number of countries the Queen has visited 05:58 - The Queen, Popes and US...

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Why Some Cities May No Longer Be Viable

2022-09-08

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2022-09-08

Any city whose lifeblood ultimately depends on hyper-globalization and hyper-financializationwill no longer be viable. The human migration from the countryside to cities has been an enduring feature of civilization.Cities concentrate wealth, productivity and power, and so they're magnets to talent and capital, offering newcomers the greatest opportunities.

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Putin seeks closer ties with Asia as tensions with West intensifies | Latest World News | WION

2022-09-07

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Russian President Vladimir Putin attended large-scale military exercises on Tuesday involving China and several other nations, this comes as Moscow seeks to strengthen its diplomatic ties in Asia amid the ongoing western sanctions.

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Weekly Market Pulse: The More Things Change…

2022-09-07

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2022-09-07

I stopped in a local antique shop over the weekend. The owner is retiring and trying to clear out as much as she can before they close the doors so I paid a mere $3 for the Life magazine above. I think it might be worth many multiples of that price for investors who think our situation today is somehow uniquely bad. The cover headline could just as easily be describing today as 1970.

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Weekly Market Pulse (VIDEO)

2022-09-07

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2022-09-07

Alhambra CEO Joe Calhoun compares the similarities between today’s bear market and past ones, plus last week’s data on the economy, employment, and whether the new data points to recession.

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Gravitas: Is Ukraine using ‘fake profiles’ to lure Russian soldiers?

2022-09-06

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Is Ukraine 'honey-trapping' Russian soldiers? Reports claim, Ukrainian hackers are creating fake Facebook profiles of 'conventionally attractive' women to lure Russian troops. Palki Sharma gets you a report on the alleged honey-trapping feats.

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Gravitas: China, Russia fire machine guns into Sea of Japan

2022-09-06

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Chinese and Russian warships fired machine guns into the Sea of Japan. Today - in a show of force, Russian President Vladimir Putin oversaw war games involving troops from several nations. Palki Sharma tells you more about Putin's powerplay.

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Historic shift in Russian energy flows, becomes China’s 4th largest LNG supplier | Latest | WION

2022-09-06

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The coordinated sanctions imposed on Russian oil and gas by the US, Europe and their Pacific allies have led to a historic shift in the direction of the Russian energy flow.

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The Global Energy Crunch

2022-09-06

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2022-09-06

If we insist on doing the transition the hard, slow, costly way rather than the easy, fast, cheap way, it's going to be a needlessly arduous, soul-crushing slog. Let's cover a few common-sense points and ask a few questions about the Global Energy Crunch.

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Oil up nearly 3% as OPEC+ agrees to small oil output cut | WION Business News

2022-09-06

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Oil prices rose about 3% on Monday, as OPEC+ members agreed to a small production cut of 100,000 barrels per day to bolster prices.

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How to Know When the Fed will Stop Rate Hikes [Ep. 283, Eurodollar University]

2022-09-05

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In 2000 and 2006 the inversion of future 2-year rates and current 2-year rates correctly predicted when the Fed would stop hiking rates. Of course, the Fed had no idea it would stop -- markets knew it though. Where is the future 2-year rate relative today? An eyelash from inversion.

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Ukraine: IAEA Director General Rafael Grossi leads Zaporizhzhia inspection | World News | WION

2022-09-05

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International Atomic Energy Agency's team led by chief Rafael Grossi has visited the Zaporizhzhia nuclear plant to assess damages that occurred by consistent shelling. Grossi, the head of the UN nuclear watchdog says the physical integrity of the Russian-occupied nuclear plant in Ukraine had been violated several times.

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The System Is Busy Cannibalizing Itself

2022-09-05

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2022-09-05

As the word suggests, cannibalism won't end well for those consumed by the infinitely insatiable few. Cannibalize is an interesting word. It is a remarkably graphic way to describe the self-inflicted destruction of a system by stripping previously functional subsystems to sustain the illusion of system functionality. Here are some examples.

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Russia kicks off ‘Vostok 2022’, India and China among the participants | International News | WION

2022-09-04

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For the next 7 days, Russia will undertake massive military drills along with troops of at least 12 countries including China and India. The drills mark increasingly close defense ties between Moscow and Beijing.

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Gravitas: EU scraps VISA agreement with Russia

2022-09-03

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The European Union has cancelled a 2007 VISA agreement with Russia. Russian citizens will now have to pay more and wait longer to get VISAs from EU member states. Is Europe right in punishing civilians for Putin's war? Palki Sharma tells you.

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