Recent Posts

Italy emerges as creeping concern among finance chiefs in Bali

Bloomberg As if trade wars, rising interest rates and slowing global growth weren’t enough, the world’s finance chiefs are zeroing in on another source of concern: Italy. The populist government’s rule-busting budget plans and accusatory rhetoric against its European partners have repeatedly cropped up among ministers and central bankers at the annual meetings of the International Monetary Fund and the ...

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On global warming its mission impossible

If there were any doubt before, there should be none now. “Solving” the global climate change problem may be humankind’s mission impossible. That’s the gist of the latest report from the Intergovernmental Panel on Climate Change (IPCC), the United Nations group charged with monitoring global warming. Unless we make dramatic reductions in greenhouse gas emissions (carbon dioxide, methane and others), ...

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Fear not, ETFs control the gold price

Gold isn’t like anything else on the market. Ancient, fundamental, eternal – it’s different from all those here-today, gone-tomorrow assets such as Snap Inc. shares and cryptocurrencies. Right? Wrong. The last week’s surge in the spot gold price – a 2.5 percent jump to $1,224 an ounce, its sharpest leap in more than two years – looks like confirmation of ...

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