In a recent report, ECB acknowledges sanctions on Russian goods and assets have caused the surge in inflation rates all over Europe. “The recent inflation surge in the euro area was significantly influenced by energy prices, particularly gas following Russia’s invasion of Ukraine in February 2022. (…) In comparison to oil price shocks, gas price …
Category: Economy
Jun 10
The Perils and Promise of the Emerging Multipolar World
Jeffrey D. Sachs’ view on the future shape of the world order, in “The Perils and Promise of the Emerging Multipolar World”, describes how regions that once lagged the West in industrialization are now making up for lost time. in his words, “The world economy is experiencing a deep process of economic convergence, according to …
Aug 24
Radioactive news
August 24th, 2023. Today TEPCO has started releasing into the sea more than 1 million metric tons of treated radioactive water from the wrecked Fukushima nuclear power plant. The radioactive water is expected to contaminate the Pacific Ocean first, then to progressively spread to Atlantic and all other seas in the world. The Japan Atomic …
Apr 20
Australia: bufera sulle misurazioni ufficiali delle temperature
Com’è cattiva la Co2… specie quando non si riesce a darle la colpa di tutto! Per saperne di più, c’è un testo scientificamente valido ma ovviamente poco diffuso del Prof. Mario Giaccio, che spiega come il “climatismo” sia diventata una delle più pericolose religioni malthusiane in voga ai nostri giorni e ne smonta l’archietuttura …
Jun 16
War economy: the Ukraine economic shock. EIB report
The EIB’s report on the “Ukraine economic shock” brings to attention the current and future macroeconomy trend in Europe. Pessimistic forecast in all sectors and aspects of life are assigned to the war in Ukraine -though it is to say that the rallies of raw material and energy prices begun in 2021 in concomitance with …