Even as Americans contend with high inflation and markets remain in bear territory, U.S. Treasury Secretary Janet Yellen says she doesn’t think we’re headed into a recession, pointing to low…
Yves here. This post mentions that the Big Four grain companies use a “just in time system” without explaining how that operates in practice. But they suggest that it is…
Yves here. This post describes how many pleasingly-labeled supposedly eco-friendly, employing traditional practices, are simply yet another variant of greenwashing, this one aimed at emerging/poorer economies who are exhorted to…
News of better-than-expected growth comes weeks before the midterm elections.
Migrating monarch butterflies have started arriving in Mexico Mexico News Daily US economy bounces back from recession territory even as storm continues to brew Sky News The surprisingly chilled bear…
Following a string of scandals, bad investments and woeful risk management, Switzerland’s second largest bank, Credit Suisse, is close to the edge. Yesterday’s much-awaited publication of Credit Suisse’s financial results…
Yves here. This final post in Satyajit Das’ series on the breakup of the world order looks at what might come next. He describes the considerable conflicts of economic interest…
Yves here. This is a generally fine piece about the fact that it’s now become barely tolerated in elite circles to bring up the idea about negotiating with Russia to…
US President Joe Biden took his economic message to Upstate New York on Thursday as the midterm elections draw near. (Oct. 27)
MSNBC host Chris Hayes pushed a new conspiracy theory that Republicans, should they win control of Congress after the midterms, would deliberately tank the economy to get Biden out of…