20th September 2019 Today’s Round-Up of Economic News

My apologies for the hiatus yesterday - work rather got on top of me. Today: "OECD chief economist Laurence Boone wrote in a blog post: Trade disputes between the U.S. and China, Europe and other countries is causing some businesses to hold off on investing in new...

18th September 2019 Today’s Round-Up of Climate News

"Tropical Storm Imelda weakened to a tropical depression but could still shower the Houston area with the most rainfall it has seen from one storm since Hurricane Harvey as early as Wednesday, raising prospects of heavy flooding... "Imelda formed over the Gulf of...

18th September 2019 Today’s Round-Up of Economic News

"Borrowing rates skyrocketed on Tuesday in a corner of the markets the public rarely notices but that is critical to the functioning of the global financial system. "The spike in overnight borrowing rates forced the New York Federal Reserve to come to the rescue with...

17th September 2019 Today’s Round-Up of Climate News

"The Northern Hemisphere just had its hottest summer on record since 1880, according to National Oceanic and Atmospheric Administration data released Monday. "NOAA found the average global surface temperature taken by thousands of thermometers, buoys and other sensors...

17th September 2019 Today’s Round-Up of Economic News

""I'm not sure the global economy is in a state where it's going to be able to absorb [higher oil prices] if [they] stay elevated," said Peter Boockvar, chief investment officer at Bleakley Advisory Group. "No one knows how long higher oil prices will last or where...

16th September 2019 Today’s Round-Up of Climate News

"With another 15 days still to go till the end of this year’s rains, the city has already recorded its wettest-ever monsoon, with 3,458.2mm rain between June and September 15, despite a 15-day delay in the season’s onset. "Prior to 2019, the all-time record was...

16th September 2019 Today’s Round-Up of Economic News

"The record oil-price surge after a strike on a Saudi Arabian oil facility couldn’t come at a worse time for a world economy already in the grip of a deepening downturn. "While the severity will depend on how long the price spike endures, the development will further...

13th September 2019 Today’s Round-Up of Climate News

"More than 130 bushfires are burning across New South Wales and Queensland as firefighters battle to gain control. Buildings that have been destroyed include the heritage-listed Binna Burra Lodge, in Queensland. "Acting fire commissioner, Mike Wassing, said the...

13th September 2019 Today’s Round-Up of Economic News

"The declining economic outlook and increasing political pressure are pushing central banks into more aggressive unconventional monetary policies. "Simultaneously, fears are growing that such steps, especially negative interest rates, actually threaten the stability...

12th September 2019 Today’s Round-Up of Climate News

"Extreme weather events displaced a record seven million people from their homes during the first six months of this year, a figure that put 2019 on pace to be one of the most disastrous years in almost two decades even before Hurricane Dorian battered the Bahamas....

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