Economy
Can Southeast Asia Drive China’s Next Clean Tech Export Boom?
China’s clean technology industry is entering a new phase. After years of rapidly expanding exports to developed markets, particularly Europe, Chinese manufacturers are increasingly...
US-Iran Fire in the Strait of Hormuz: What Happens to Oil, Gold and the Fed’s Next Move
TODAY'S NUMBERS:
$97.19 (Brent crude, a six-week high) · $5.85 (US retail diesel, a record) · 4.79% (US 10-year Treasury yield)
War in the Gulf is...
The Hidden Bill Behind Europe’s Defense Spending Boom
Europe's rearmament is being financed out of the welfare state, not economic growth, and different governments are settling that bill in different currencies: Germany...
Norway’s $2.3 Trillion Fund Is Cutting Treasuries. Here’s Who’s Left Holding Washington’s Debt
TODAY’S NUMBERS $80bn (Norway fund’s proposed Treasury cut) · 4.79% (US 10-year Treasury yield) · 289t (record Q2 central-bank gold buying) Sovereign money is...
Beijing Versus Washington: The New Economics of Iran’s Sanctions War
China is buying ninety percent of Iran's oil exports, settling transactions in renminbi, and hiding the rest beneath layers of shell companies. This is...
Could US Big Tech Crowding Out Europe’s Bond Market?
U.S. technology giants are increasingly turning to European bond markets to finance their massive AI and data centre investments. The shift is raising concerns...
How Two EU Vetoes Are Quietly Handing Russia a Win in the Sanctions War
TODAY'S NUMBERS
$4,334 (gold, per ounce, near record) · $200bn (Russian reserves frozen at Euroclear) · Sept. 15 (deadline for the EU's Russia sanctions list...
Iran, Oil and a Hawkish Fed: Why the Dollar Is Winning the Week and Losing the Decade
TODAY'S NUMBERS 99.73 Dollar Index (DXY) · 4.81% US 10-year Treasury yield · $4,304 Gold, per ounce All three are rising together — the...
Why Are Global Bond Markets Selling Off?
Government bond markets across major economies are facing a broad selloff as investors worry about persistent inflation, higher interest rates and growing government debt....
Is BRICS Really Ditching the Dollar? What the Data Shows
BRICS de-dollarization is real but narrow: it is happening bilaterally, mostly under Russia and Iran's sanctions duress, while the instruments meant to make it...