German Inflation Trauma of 1923 Strikes an Uneasy Chord Today
By late-1923, hyperinflation had rendered Germany’s currency so worthless that one woman used several billion marks of banknotes
2023-08-27 13:46
China’s Travel Rebound Risks Super-Charging Jet Fuel Prices
After years of pent-up demand for leisure and business travel due to the ravages of Covid-19, millions of
2023-08-27 08:50
Zimbabwe Leader Wins New Term, Monitors Says Vote was Flawed
Zimbabwean President Emmerson Mnangagwa was declared the winner of an election that observers said was deeply flawed, extending
2023-08-27 06:59
Powell Has Bond Traders Right Where He Wants Them: Full of Doubt
Jerome Powell has the bond market exactly where he wants it: lacking conviction as to the Federal Reserve’s
2023-08-27 04:50
BOJ Chief Says Strategy Backed by Below-Target Inflation
Bank of Japan Governor Kazuo Ueda said price growth remains slower than the central bank’s goal, explaining why
2023-08-27 04:00
Junkiest Debt Rallies as Investors Brush Off Fed
Credit investors have decided that they’re more than willing to fight the Federal Reserve as the central bank
2023-08-27 03:48
Personal emergency kits are a growing market in an uncertain world
Extreme weather events are growing more common, while an increasingly globalized world means disasters on one side of the planet reverberate on the other. In the midst of uncertainty, people are becoming more aware of personal emergency measures, including equipment kits marketed and sold specifically for crisis situations.
2023-08-27 03:46
BOE’s Broadbent Warns UK Rates Need to Remain High For Some Time
The Bank of England will have to keep interest rates high for longer because inflation is unlikely to
2023-08-27 01:51
Bloated Government Debt Is Here to Stay: Jackson Hole Paper
Swollen government indebtedness — and the upward pressure that puts on interest rates — is here to stay,
2023-08-27 00:18
Jackson Hole and Mugshot Buzz: Your Saturday US Briefing
This week, the world watched as former president Donald Trump surrendered in Atlanta on charges that he conspired
2023-08-26 23:59
Kenya power cuts: Airports boss sacked as tourists left stranded
Many homes are without electricity since Friday and Nairobi's main airport was plunged into darkness.
2023-08-26 23:20
China Remains Embedded in US Supply Chains: Jackson Hole Paper
China remains embedded in US supply chains even as American firms have taken steps to reduce direct imports
2023-08-26 22:54