Maersk Warning About Global Slow Down – Recession In the US? Trade flows have been reduced. The worst since 2008 WASHINGTON – Maersk, (based in Denmark) is the largest shipping conglomerate in the world. Their business is to transport...
Emerging Markets Crisis Dragging Down The Global Economy Commodities prices collapse exposing trillions of dollars of bad debt. Negative ripple effects WASHINGTON – Will emerging markets in crisis drag down the global economy? Probably not. But they have added and...
How Much Overcapacity In China? Monstrous Cement production went beyond any thinkable measure WASHINGTON – It has been said many times that the recent commodity prices collapse is due to sudden lack...
Africa’s Debt Is Back – Bigger Than Ever Commodity prices collapsed, currencies lost value. Hard to make interest payments WASHINGTON – There was a time, about ten years ago, in which world-famous rock stars like Bono of U2...
Will The Fed Raise Interest Rates? May Be Not New headwinds suggest no action in December WASHINGTON – Until a couple of days ago, most economists bet that the US Federal Reserve would finally begin to...
Solar Energy Coming to Africa The revolution is underway WASHINGTON – A few months ago, a photograph of a little Asian child sitting next to a city lamp...
Commodities Exporting Countries in Deep Crisis From Brazil to Australia there will be a lot of suffering JOHANNESBURG (South Africa) – Renowned oil expert Daniel Yergin recently observed that the collapse of crude oil prices is...