WTO chief warns export controls risk exacerbating food crisis

[ad_1] Government is risking repeating mistakes of past food crises export control among circling Commodity and energy prices, the head of the World Trade Organization said. Ngozi Okonjo-Iweera, who became WTO director-general a year ago, also urged countries to accept a contentious deal on patent exemptions for Covid-19 vaccines in an interview with the Financial […]

The specter of ‘Indo-Pacific NATO’ accelerates China’s decoupling from the West

[ad_1] For weeks, Chinese officials and analysts have backed Russia’s claim that NATO’s expansion in Europe triggered its invasion of Ukraine. Now they point to a new specter to justify their support for Russia’s war: an “Indo-Pacific NATO” that could eventually force China to decouple from the West and become self-sufficient in everything from food […]

MiB: Samara Cohen, CIO, ETF and Index Investing, BlackRock

[ad_1] This week, we interviewed Samara Cohen, Chief Investment Officer of ETF and Index Investing blackstone. Her team manages more than $6 trillion in ETFs An index of $10 trillion in assets under management by BlackRock. She discussed how she took a position on the BlackRock trading floor before entering Goldman. After 14 years, she […]

Link March 26, 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, […]

Michael Hudson talks with Saker on Russia’s counter-sanctions over Russian gas payments in rubles

[ad_1] Ive here. Economists and political commentators alike expressed keen interest in Putin’s announcement that Russia would only accept rubles for gas payments from “unfriendly countries”. As we discussed, there are strong and weak ways in which Russia demands these payments, and Putin called on his banks and financial institutions to work out the details […]

10 Weekend Readings – Big Picture

[ad_1] The weekend is here! Pour yourself a Danish blend, sit in the sun and get ready for our long weekend: • how people think The 17 Most Common and Influential Aspects of How People Think Many behaviors are common across time and place. Things will change, but people’s reactions won’t. Technology is constantly evolving, […]

Companies are holding down wages – there’s a solution

[ad_1] Ive here. What’s frustrating about the debate about the need to increase wages is that many are brainwashed into parroting claims that small businesses can’t afford it. If a small business can’t survive without paying extremely low wages, maybe it shouldn’t exist. The beneficiaries are not business owners, but customers who receive services at […]

Investors bet Ukraine war will prompt companies to move production onshore

[ad_1] Big investors are betting that the Ukraine war will significantly reshape global supply chains by prompting companies to bring production closer to home. For decades, a broad investment thesis has revolved around the idea that cheap offshore manufacturing and smooth global supply chains can lower costs for companies and promote low inflation. But the […]

EU/Gazprom: Turn down thermostat to avoid further blackouts

[ad_1] European policy makers scrambling Balance natural gas supply and demand. Excluding Russian gas — if sanctions or so-called self-sanctions escalate — would leave a 40 percent gap. What should home and business owners do? Turning on alternative sources takes time; you can’t build a fleet of windmills or replenish your inventory overnight. It’s time […]

Judgment under uncertainty – the big picture

[ad_1] This week, I attended my first industry conference in two years. I met some interesting people, my presentations went well, participated in other interesting panel discussions, and learned some really new things. All in all, it was a successful trip. The most interesting things to discuss are not during group discussions or presentations. As […]

Brexit blamed on UK for missing global trade rebound

[ad_1] UK merchandise exports have lagged the rest of the world in what experts say is a sign that Brexit could limit the country’s trade performance. UK merchandise exports fell by 14% in the three months to January compared with the same period in 2020 before the pandemic, according to the World Trade Monitor report […]

2:00PM Water Cooler 3/25/2022 | naked capitalism

[ad_1] By Lambert Strether of Corrente Bird Song of the Day Six solid minutes of peents. And on the other hand, this, from 1953 (!): Has lots of interesting chirps and calls before we get to the peents, including commentary. This concludes American Woodcock week at Naked Capitalism. Readers, do you have another bird you’d […]