Global investments using “woke” environmental, social, and governance (ESG) standards led to trillions of dollars of losses in a two-year span, especially in the U.S., according to a recent report. The biannual assessment by the Global Sustainable […]
The Fed has now shed 29% of Treasuries it had added during pandemic QE starting in March 2020. By Wolf Richter for WOLF STREET. The Fed’s Quantitative Tightening (QT) continues on track, and the unwinding of the March […]
After a year of struggles for offshore wind developments amid rising costs, canceled projects, and failed auctions, governments and policymakers in Europe and the U.S. have realized they may need to pay up to ensure […]
Few countries are more aware than Germany of how important it is to keep public finances in order. But few countries have indulged in more creative accounting. As Germany’s highest court ruled current spending plans […]
America’s national debt is currently closing in on a staggering $33.74 trillion. And according to Ray Dalio, founder of the world’s largest hedge fund, Bridgewater Associates, that number may continue to rise — quite rapidly. “We […]
Central bankers’ continued fight to bring rampant inflation under control could plunge developed countries into recession next year, the Organization for Economic Co-operation and Development (OECD) has warned. According to its global outlook, issued earlier […]
The country’s competitiveness as an industrial location has been undermined, Michelin said French tire giant Michelin will slash over 1,500 jobs in Germany by 2025, as competition from lower-wage nations and soaring energy prices make […]
Oil Price Sustainability-linked loans, or SLLs, have only been around for a few years. In that short time, they have ballooned into a market worth $1.5 trillion. But now, as scrutiny comes for sustainability claims […]
The German economy faces an uphill challenge as recent economic data has revealed with its health dependent on a few pending factors. Euronews Business takes a look at some of them. Germany’s economy continues to […]
Authored by Jeff Thomas via InternationalMan.com, As the Great Unravelling progresses, we shall be seeing many negative developments, some of them unprecedented… Only a year ago, the average person was still hanging on to the […]
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