A new world of currency chaos looms
[ad_1] At the end of January, Russia held foreign reserves worth $469 billion.This treasure was born from the prudence it teaches 1998 Default And, Vladimir Putin hopes, it is also a guarantee of his financial independence. However, as his “special military operations“Starting in Ukraine, He learned that more than half of his reserves were frozen. […]
Job Openings and Workforce Turnover Survey: Job Openings Little Changed, While Hirings Rise Slightly
[ad_1] Posted on March 29, 2022 at 10:35 am go through Outreach staff Job Openings and Workforce Mobility Survey: Job vacancies changed little, while hiring rose slightly Below, EPI Senior Economist Elise Gould provides her initial insights on the February Job Openings and Labor Turnover Survey (JOLTS) released today. Read the full Twitter thread here. […]
We are hiring a Senior Visual Reporter
[ad_1] FiveThirtyEight is looking for a friendly, collaborative and creative Senior Visual Reporter Join our interactive and graphics team. The Senior Visual Reporter is the Head of Design for the FiveThirtyEight Newsroom. While they primarily act as individual contributors, they also amplify the team’s work by mentoring more junior visual journalists, giving and receiving feedback […]
No one lives here – big picture
[ad_1] Every time I fly from the East Coast to California, Colorado or Arizona, I notice this: the vast untamed wilderness of the American West. Vast farmland, mountain and desert landscapes and unspoilt beauty. Flying into Aspen this Monday for a conference (I’ll post the deck later this week) and I was just blown away […]
War or Peace, Barbarism or Hope: War Threatens World With Stagflation
[ad_1] Ive here. The potential for stagflation was already high before the immediate effects of the war (the closure of Black Sea shipping hurt wheat and fertilizer shipments) plus sanctions, formal sanctions and self-sanctions. As we’ve said repeatedly, higher energy prices cycle through all products. Stagflation hurts investment in two ways. The first is that […]
UK credit card debt hits record high due to inflation and cost of living
[ad_1] British consumers borrowed a record amount in February in what some economists said was a sign the cost of living crisis was hitting their wallets, even before Russia’s invasion of Ukraine pushed up energy prices. Individuals borrowed a net £1.5bn via credit cards in February, the highest monthly amount since records began in 1993, […]
Link March 29, 2022 | Naked Capitalism
[ad_1] Dear patient reader, Lambert and I, along with many readers, agree that Ukraine has sparked the worst information environment ever. We hope readers will collaborate in the comments to reduce the fog of war – real fog and stage fog. None of us need more cheerleaders and linkless repeat memes; there are platforms. Low-value, […]
U.S.-Mexico relations hit new lows over Russia-Ukraine conflict
[ad_1] Mexico’s neutrality over the Russian-Ukrainian war has drawn backlash from Washington. Over the weekend, the U.S. ambassador to Mexico caused a stir when he told Mexican lawmakers that Mexico could never approach Russia.This is what Ambassador Ken Salazar said Say In his address to members of the lower house of the Mexican Congress on […]
Reading Tuesday at 10am
[ad_1] my two tuesday mornings train WFH wrote: • 5 truths about the stock market: Legendary stock picker Peter Lynch made a very prescient market observation in 1994 (Turk) • The big resignation begins to reverse Some of the most important factors leading to the so-called “Great Resignation” are starting to ease as Americans’ fears […]
NATO-Russia Proxy War – Revealing Signs of a Fading America: Michael Hudson
[ad_1] Yves here. Hope you’ll enjoy hearing Michael Hudson discuss how the war in Ukraine is really a great power confrontation, as Biden made clear, and why some of the moving forces in the US might not be unhappy with disruption. And please don’f forget Michael Hudson’s Paetron page! Originally published at Global Research GR […]
Australia offers giveaway budget as election looms
[ad_1] Australia has announced a giveaway budget aimed at easing cost of living pressures while investing in defence and infrastructure projects ahead of the May election. Treasurer Josh Frydenberg detailed a range of measures including temporary fuel excise tax cuts, A$38 billion ($28 billion) in regional and rural investment, A$17.9 billion in road and rail […]
Urgent LNG demand in Europe, U.S. gas production and LNG exports
[ad_1] Ive here. Wolff did not set when more shale gas production and LNG shipping and port facilities could be built to fill Europe’s energy gap. However, some readers have raised another potential choke point that I would be interested in sanity checks: those ships carrying LNG. Obviously, the construction of the large spherical storage […]