Long-awaited report delivers damning verdict on LME nickel chaos January 10, 2023 The LME failed to police large positions on the nickel market and did not have sufficient volatility controls, according to a new report.
Putin’s war in Ukraine must make us wonder about our military capabilities February 28, 2022 Last week all changed, changed utterly; on the eastern fringes of Europe, a war is now happening. Not a border skirmish or some cyber jousting—the Russian army has invaded Ukraine and men and women are losing their lives in a struggle for territory and power. Taken by surprise by this resurrection of old methods of [...]
OECD: Russia-Ukraine war to knock global economy March 17, 2022 Russia’s invasion of Ukraine will shave around one percentage point off of global economic growth this year, reveals new forecasts by the group of rich nations. Disruption to flows of Russian and Ukrainian commodities as a result of the conflict will deliver a sharp blow to the Eurozone economy, according to the Organisation of Economic [...]
Biden: Nord Stream 2 pipeline will be halted if Russia invades Ukraine February 8, 2022 The Nord Stream 2 gas pipeline will be halted if Russia invades Ukraine, announced US president Joe Biden yesterday.
Explainer-in-brief: A fertiliser win for farmers – even if it stinks April 1, 2022 British farmers have won a battle over manure in a bid to find alternatives to increasingly unaffordable and scarce chemical fertilisers. Fertiliser costs have been steadily going up, with the last spike following Russia’s invasion of Ukraine. The government had previously banned using manure as a fertiliser last autumn. This decision was taken following concerns [...]
US Federal Reserve achieving soft landing will be challenging but doable May 10, 2022 Hiking interest rates to tame a 40-year high inflation spike without throwing the US economy off course will be difficult, but doable, a top stateside rate setter said today. “The ongoing pandemic and war in Ukraine bring a tremendous amount of complexity and uncertainty” to the trajectory of prices, John Williams, president of the New [...]
Government minister urges consumers to be more cautious about online security March 14, 2022 Consumers need to be even more cautious with their digital activity amid “heightened international tensions”, warned James Cleverly.
Facebook ‘do not permit calls to assassinate a head of state’: Meta narrows hate speech following Russian backlash March 14, 2022 Facebook owner Meta Platforms said it would be narrowing the scope of its content moderation policy for Ukraine after Russian backlash over the weekend.
IMF: UK economy to toy with recession this year – and fall to the bottom of global growth leaderboard April 11, 2023 Britain is steering toward the bottom of the G7 economic growth table this year and will toy with a recession for most of 2023, the world’s economic watchdog warned today. UK gross domestic product is tipped to shrink 0.3 per cent per cent in 2023, the weakest performance of any economy in the group of [...]
Rio Tinto pledges $600m to boost miner’s renewable ambitions November 30, 2022 Rio Tinto plans to invest a further $600m in renewable energy assets across the iron ore-rich Pilbara region of Western Australia.