The global economy is entering the final quarter of 2021 with a mounting number of head winds threatening to slow the recovery from the pandemic recession and prove policymakers’ benign views on inflation wrong. The spreading Delta variant continues to disrupt schools and workplaces. U.S. lawmakers are wrangling over the debt ceiling and spending plans....Read More
Scores of Chinese homes are in the dark and in just a fortnight coal reserves could run out. It’s proving to be a very dangerous problem for leader Xi Jinping. China’s electricity crisis is the result of a damaging power surge. By Chairman Xi Jinping, that is. The official Communist Party line is that China’s...Read More
Skeletal remains discovered behind Dollar General, Missouri State Highway Patrol assist Cedar County Sheriff’s investigation KSNF/KODE – FourStatesHomepage.com Read more…Read More
Copenhagen Consensus President Bjorn Lomborg weighs in on the Biden administration’s approach to climate change and wildfires. Millions of acres were charred this year as wildfires tore through the West, setting hundreds of structures ablaze and forcing evacuations. The economic toll? Billions of dollars in losses, and billions more needed for predicting and preventing the...Read More
It was all going so well. Successful vaccination programmes were driving the post-pandemic recovery of the global economy, stock markets were back at record highs, and prices were rising just enough to make deflation fears a thing of the past. But a supply crunch that initially put a question mark over the availability of luxury...Read More
China’s Evergrande is spooking markets and the global economy faces a range of threats that could derail recovery. Soaring energy prices are disrupting production; in the background the US and China still aren’t getting along. With growth slowing and prices hitting multiyear highs, economists are talking about the dreaded “stagflation.” Loading Something is loading. …...Read More
A grinding rally in the dollar is picking up speed, fuelled by a hawkish tilt from the Federal Reserve, rising Treasury yields and concerns over the possibility of a drawn-out battle to raise the US debt ceiling. The greenback is up 4.7% year-to-date and stands near its highest level in a year against a basket...Read More
U.S. stocks rose in early trading Friday, putting major indexes on course for gains at the end of a choppy week on Wall Street. The S&P 500 ticked up 0.4% after the broad stocks index closed out its biggest monthly loss since March last year. The S&P through Thursday had fallen 3.3% so far this...Read More
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