global supply chains – Some View on the World

Have the Bank of England just made the cost of living crisis worse ?

Originally posted on Mark Barrow:
The BoE is currently predicting that on the back of soaring energy costs this winter inflation will peak at 13.3%. That would be the highest level for 42 years and as a response to that, last week the BoE increased interest rates from 1.25% to 1.75%. The doctrine of monetary…

Selected reads from the Observer for the second quarter of 2022

Associate and Resident Directors and Choreographers Unionize with SDC Some associates were making less than minimum wage and had no healthcare, while others had benefits and made three thousand dollars a week. By Annie Levin READ MORE A $20 Million Nazi-Looted Kandinsky Has Been Returned to Rightful Owner’s Heirs ‘Bild mit Häusern (Painting with Houses)’Continue reading “Selected reads from the Observer for the second quarter of 2022”

G7 agreed to ban or phase out Russian oil and gas imports

At last, on Sunday, before Putin’s great parade in Moscow, the G7 or Group of Seven nations, including the United States, Canada, Japan, France, Germany, Italy, and Britain, the seven largest “advanced” economies, agreed to ban or phase out Russian oil and gas imports in response to Moscow’s Ukraine invasion. We only can hopeContinue reading “G7 agreed to ban or phase out Russian oil and gas imports”