Posted12 August 2022, 11:03 Real estate crisis: Faced with construction sites at a standstill, Chinese buyers boycott their mortgages In a hundred Chinese cities, the owners of an apartment whose construction is on stand-by have decided not to repay their loan. Purpose: to put pressure on promoters. According to Nomura Bank, developers in China have …
The Fed could hike rates by 100bp as Italian political risk comes back to haunt the ECB. ©Keystone For several weeks, the risk of recession has dominated the markets. The contraction of the Chinese economy quickly translated into a sharp decline in oil. At the same time, a tightening of the monetary screw via a …
Inflation and political crisis, the summer cocktail Read More »
Around 2009, Satoshi Nakamoto said referring to the 2008 financial crisis: “Banks have to be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. . “. The creator of bitcoin (BTC) then launched a network that was supposed to …
With prices collapsing, crypto is recreating a crisis it was meant to prevent! Read More »
A new report from IRENA shows that nearly two-thirds of renewable energy produced in 2021 came at a lower cost than the cheapest coal-fired solutions in G20 countries. Renewable energy costs continued to decline in 2021 as supply chain challenges and rising commodity prices have yet to have their full impact on project costs. The …
Renewables Remain Profitable Amid Fossil Fuel Crisis Read More »
07.07.2022 – 11:53 auto-schweiz / auto-swiss Bern (ots) In the first half of 2022, new commercial vehicle registrations in Switzerland and the Principality of Liechtenstein fell by 17.7% compared to last year. Due to problems in the supply chain since the start of the COVID-19 crisis, aggravated by the outbreak of war in Ukraine, only …
The European Union will have to pay more for its energy, pollute more and ration. Engaging in an economic war with a country on which we depend to cover our energy needs, particularly gas, is the unique situation in which the European Union finds itself. Sources of supply before the war We must first measure …
