The US is pushing the G7 to adopt a full Russia export ban. It's unfortunate the EU and Japan are reportedly opposing this. That sends a signal of "division," which will embolden those who've stepped in to fill the gap …
Biden Admin Quietly Greenlights Plan To Build Huge Gulf Oil Terminal The Biden administration has quietly approved plans to build a new crude oil terminal in the Gulf of Mexico off Texas, seemingly in contradiction to the president’s climate agenda. …
BRAZIL: Main ports are being forced to halt operations as truck drivers continue to protest, leaving hundreds of ships anchored at the ports. Ships are unable to load and offload due to farmers ceasing all exportation of agricultural goods in …
“In the context of Russian aggression and repeated violations of international law it cannot be business as usual with Russia and this is not the time to increase cooperation with Russia,” the bloc’s foreign affairs spokesman Peter Stano told Europa …
by Charles Hugh-Smith A strong currency exports inflation to those nations which do not issue the currency. Though it’s difficult to be confident of anything in the current flux, I am pretty confident of three things: 1) price is set …
View post on imgur.com https://www.bloomberg.com/news/articles/2022-06-07/the-us-is-now-sending-the-bulk-of-its-export-gas-to-europe
https://twitter.com/AZmilitary1/status/1532107299564793861 https://twitter.com/AZmilitary1/status/1532107303679414275 #semiconductors #supplychains >> Russia limits exports of noble gases, a key ingredient for making chipshttps://t.co/nUYMDLxJYL pic.twitter.com/W5M2QBfXlx — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) June 3, 2022 h/t Flying Elvii
by confoundedinterest17 The US Senate yesterday confirmed the reappointment of Jerome “Slowhand” Powell as Federal Reserve Chairman. The good news? Atlanta Fed’s Flexible CPI YoY cooled to 20% in April. The bad news? Flexible prices are still growing at 20% while …
Global recession is coming. The two biggest export economies in the world – Germany (blue) & China (black) – are seeing their new export orders in the manufacturing PMIs fall sharply. That's deteriorating global demand as we teeter towards recession. …
NEW DELHI – An unusually early, record-shattering heat wave in India has reduced wheat yields, raising questions about how the country will balance its domestic needs with ambitions to increase exports and make up for shortfalls due to Russia’s war …
by Joanna Miller All eyes are on Russia and Ukraine right now, wondering who will attack first. Whether or not this turns into a hot war (and I really, really hope it does not), the Russians have implemented a policy that will hit …
by confoundedinterest17 I wonder if Biden’s Press Secretary Jen Psaki will argue that inflation is transitory … again? Well, the US is exporting inflation to our trading partners. US Export Prices by end use rose 18% YoY. Of course, with the …
by confoundedinterest17 Today’s import and export numbers for the USA show a disturbing trend. US export prices rose +17.2% YoY in July. That is the third consecutive month of +16.9% and above export prices growth. That begs the question: Is …
https://www.wwlp.com/news/local-news/hampden-county/coffee-prices-expected-to-increase-as-farmers-face-export-shortage/
First of all, I really love a good pyrotechnics show and watch the annual international competition videos to see which manufacturer has come up with the latest in artwork-by-explosion. It is literally an art-form going back to 900AD when gunpowder …
by confoundedinterest17 Ahead of The Federal Reserve meeting today, here are some interesting numbers that they won’t consider. 🙂 The US export price index (end use) for all commodities for 17.43% year-over-year in May. The import price index rose 10.83%. We …
by howmuch Who does the U.S. trade with the most? Our latest map breaks down one side of the equation, focusing on the top export partners for every state in the U.S. Canada is the single biggest trading partner for …
by WARREN MOSLER Ship Orders Fall to Lowest Level in 15 Years Ship orders world-wide have shrunk to the lowest level in 15 years as vessel owners struggle with excess capacity that has kept freight rates well below break-even levels. …
by WARREN MOSLER Still looks to be weakening: Looking weak: Tariff wars taking their toll:
via visualcapitalist: Nothing has transformed our economy quite like containerized shipping. From Rotterdam to Singapore, we see tangible evidence of the world’s bustling maritime shipping network as cranes load and unload uniform containers in a flurry of activity. The efficiency of …
China has been front-loading exports to the US ahead of a looming rise in tariffs in January. Chinese stocks tumbled today on trade war fears and worries about a slowing Chinese economy. Experts are pessimistic about the outcome of a …
by Martin Armstrong QUESTION: Mr. Armstrong; I watched the new documentary on your solution. I really want to thank you for everything you do and for free. It is so nice to see someone who actually gives back and has no …
by Chris Black Angela Merkel, Germany’s Chancellor and dubbed “mutti Merkel”, mother of refugees, just committed what can be described as political seppuku. Again. This time, she threatened Italy with a new migrant-flood via German flights transferring so-called refugees. No, …
by kulmthestatusquo A luxury USA has over other countries is that USA does NOT have to buy dollars to pay for things. It can print dollars as much as it feels like, and other countries must swallow them. …
via theguardian: Ella Rasmussen’s doctors started to prod her about children when she turned 30. She was single, suffered from endometriosis, and contemplated a hysterectomy. After several years, the nudges took hold. Because she wasn’t a good candidate to freeze …
by WARREN MOSLER Still looks to me like the rate increases have offered some support for the economy and also pushed cpi higher? Interest income channels? Forward pricing channels? 😉 Corporate debt growth decelerating;
by howmuch Is the United States sparking a trade war with the rest of the world or not? We aren’t quite sure what President Trump is thinking, but his recent comments on trade did get us thinking about what impact some of his …
Saudi Arabia ‘may run out of oil to export by 2030’ A report by Citigroup has warned that Saudi Arabia could run out of oil to export by 2030, raising fears that oil prices may rise significantly in coming years. The Kingdom …
by visualcapitalist View a high resolution version of this graphic In a global market with (mostly) free trade, it’s common to see economies that are very specialized, each producing specific goods based on the competitive advantages, incentives, and resources they have available. Whether …
BY PATRICK WATSON At the Strategic Investment Conference 2018, George Friedman warned investors about a global export crisis. Friedman said that dynamics in the global economy changed in 2008. Countries with excess capacity such as China and Germany had ramped up exports. …