Items tagged with: Economics

From the US-China trade war through to the problems affecting Germany, Brazil, the UK and more

Stock markets have taken fright over a number of warning signs from key economies, the latest this week being the inversion of the US bond yield curve and news of a contraction in the German economy. Here is a guide to the trouble spots in the global economy that are rattling investors.

What is the yield curve?
Warning signs for global economy: the countries spooking investors
#Globaleconomy #Economics #Business #USnews #UKnews #Worldnews #China #Brazil #Germany #Italy
Index of Britain’s top 100 firms at six-month low and oil prices fall 3% to below $58 a barrel

Stock markets in Europe extended their losing streak on Thursday and oil prices fell 3% to below $58 a barrel as mounting recession concerns continued to hit investor confidence.

The index of Britain’s top 100 firms dropped more than 1% to hit a six-month low and and stock markets in continental Europe also dipped in response to investors channelling their funds into financial safe havens. However, US stocks staged a modest recovery after heavy sell-offs on Wednesday.

What is the yield curve?
European markets still rattled as global recession fears linger
#Stockmarkets #Globaleconomy #Business #Oil #Commodities #Europe #USnews #Worldnews #Economics #FTSE
Cause that won’t have any unexpected negative consequences.

‘Safe haven’ of precious metal sought as anxiety grows over US and China trade conflict and European markets

The price of gold has risen to $1,500 (£1,234.45 at market rates Wednesday) an ounce for the first time in six years as investors have sought shelter in low-risk assets amid concerns about the global economy.

The spot gold price rose 1.75% to 1,500.2900, its highest level since 2013, taking the metal’s gains this year to 17%.
Gold rises to $1,500 an ounce amid worry over global economy
#Gold #Globaleconomy #Stockmarkets #Commodities #Business #Economics #USnews #China #Europe #AsiaPacific

White gloves, aluminum cans and plasma

#Damn! This show is great! #TheUncertainHour is a great #Podcast. If you are a fan of the #Clinton's (specifically Bill & #Hillary), you might not like this content. They point out how many #American's lives were negatively impacted by the #Clintons legislative advances. These are some of the types of people who thought giving #Trump a chance would be a good idea. Hopefully, they changed their minds, but let's all be aware of how policy is often a zero-sum game.
White gloves, aluminum cans and plasma - Marketplace
#Economics #Policy #Poverty #Democracy #Damn!
What do US environmental laws, GDP, and the education system have in common? That's right: they all tend to encourage a #DefeatDevice

buff.ly/2T0g2LB #education #philosophy #psychology #economics
Politics is Economics through different means.
War is Politics through different means.
But Economics is Morality through different means.
And Finance little more than Economic choice control.

#Money #Magic #MonetaryTheory #NoMagic #Economics #Politics #Morality #Magick #Currency #CurrentSea #Finance #KnowMagick
A simple look at the potential impacts on Britain of leaving the EU without a deal

The Treasury this week announced a further £2bn in “Brexit preparedness” funding, to cope with the extra costs of a no-deal exit, taking the total to more than £4bn. At the same time, the health secretary, Matt Hancock, said he had “become the world’s No 1 buyer of fridges” as part of a plan to stockpile essential medicines.
What a no-deal Brexit could mean for the UK in five charts
#Brexit #UKnews #Economics #Immigrationandasylum #Internationaltrade #EuropeanUnion #Europe #Foreignpolicy #Politics #Roadtransport

When 90%+ of both active enterprise and consumer computing products suffer single point failure vulnerabilities on a chipset level, vulnerabilities that grant the exploiter access to full system resources, security is rendered a joke.
We live in a joke security age.
The question isn't if systems are secure, the question is merely to what degree does a large adversary want to reveal their hand of penetration? The questions for the consumer public are simply to what degree are they aware of the existence of their exploiter and to what degree do they view them as a benign dictator.

The Internet Of Things is it's own governance and economic system in and of itself.
Old State Governments and Corporate Enterprise but facsimiles to it's New Order.
Voting publics need not apply.
Gig economy singin "Serfin USA" on global scale.
"In The Algos We Trust"
... Show more...
AOC does her homework, unlike a lot of pols.


#economics #politics
Two women won the backing of EU leaders to head the European commission and the European Central Bank, breaking with more than 60 years of male dominance
Andrzej Krauze on top EU jobs – cartoon
#EuropeanUnion #Europe #ChristineLagarde #UrsulavonderLeyen #EuropeanCentralBank #Economics #Business #Worldnews #Women
The #Netherlands are such a great country 😀

#environment #economics
French government blamed as €33bn deal to create world’s third-largest carmaker stalls

The proposed €33bn merger of Fiat Chrysler and Renault has collapsed after an intervention from the French government, Renault’s biggest shareholder.

Fiat Chrysler, an Italian-American company, withdrew from a 50-50 merger proposal for its French rival after a board meeting on Wednesday. A deal would have created the world’s third-largest carmaker behind Volkswagen and Toyota.
Renault-Fiat Chrysler merger collapses
#Automotiveindustry #Renault #FiatChrysler #Business #Mergersandacquisitions #France #USeconomy #Economics #Europe #Worldnews
Italy’s debt amounts to 132% and servicing is more than annual education budget

The EU is poised to punish Italy over its “snowballing” spending and borrowing, putting Brussels on a collision course with the populist government in Rome.

In a move expected to raise tensions with Italy, the European commission paved the way for an initial fine of as much as €3.5bn (£3.1bn) on Wednesday after advising the country had met the threshold for disciplinary action.
EU could fine Italy £3bn for breaking spending and borrowing rules
#Italy #Europeancommission #EuropeanUnion #Europe #Worldnews #MatteoSalvini #LuigiDiMaio #Economics #Europeanbanks #Business
The consensus around Labour’s Euroscepticism is collapsing. The party must change its stance radically, and urgently

I am told that, shortly before the elections for the European parliament, Jeremy Corbyn was flirting with the idea of being less hostile towards the Remain campaign. Even he could read the opinion polls. However, according to my informant, he was immediately sat upon by his spin doctor, Seumas Milne, and other members of the politburo of what passes for the modern Labour party.

The policy of so-called “constructive ambiguity” remained in place, with all too predictable results at the polls. This approach was tested to destruction, thereby proving what had been obvious for some time: that it was, in truth, a policy of destructive ambiguity.

I wonder if Lavery is aware that, in his contempt for intellectuals, he is sneering at great Labour figures of the past
Corbyn’s destructive am... Show more...
PINE64 Smartphone "PinePhone" Development Kit
Project Don't be evil is an actual smartphone developer kit for the PINE64 Smartphone dubbed "PinePhone". It is used in the early stages of development as a starting point for affiliated projects.
Peponi - 2019-05-27 08:13:53 GMT
@Venty https://wiki.pine64.org/index.php/Project_Don't_be_evil

#phone #smartphone #os #alternative #pine64 #noandroid #linuxphone
As the anniversaries of D-Day and Monte Cassino approach, we should remember how and why the ‘European project’ started

Shortly after Thursday’s elections for the European parliament, we shall be witnessing the 75th anniversaries of D-Day and of the terrible carnage of the battle of Monte Cassino. One hopes that memories of these events – or, in many cases, learning about them for the first time – may concentrate minds on all sides in the debate about our future relationship with the rest of Europe.

It was the horror of the second world war that led European leaders to bring individual countries together in the hope that future conflict could be avoided. Despite the fantasies of Nigel Farage and his ilk, winning that war was hardly a solo effort on the part of Great Britain. The Americans were an indispensable force in the D-Day landings; Polish forces lost many troops fighting at Monte Cassino. And, of course, the war was won by the allies as a whole, who included the US, Commonwealth countries and, not least, the Soviet Union.

What... Show more...
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