Jun 10
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
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 …
Jun 16
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 …
Mar 01
Following the expulsion of some Russian banks from the international SWIFT bank transfer system, stocks tied to China’s alternative Cross-border Inter-bank Payments System are flying. Stock in Orient Group and HyUnion Holding leapt up 105, while Infosec Technologies and Forms Syntron Information surged a massive 20% on Monday. Some analysts even predicted this could mark …
P. Krugman N. Roubini EUROPA – Joint Research Centre Come Don Chisciotte Spinoza
