damage

Traders

Gas price caps could cause irreversible damage to energy markets | OilPrice.com

Earlier this week, the European Commission published a statement declaring what he called a “safety cap” for gas prices set at 275 euros, or $283, per megawatt hour. Hailed as the long-awaited gas price cap that EU members have been discussing for weeks now, the cap’s objective, according to the Commission, will be used as …

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How China, the world's biggest polluter, avoids paying for climate damage

How China, the world’s biggest polluter, avoids paying for climate damage

Comment this story Comment In 1992, the United Nations classified China as a developing country because hundreds of millions of its citizens lived in poverty. Much has changed since then: China is now the world’s second largest economy and the largest annual emitter of greenhouse gases that warm the planet. The average Chinese today are …

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Inflation does damage to Japan, hits the yen.  BOJ's Kuroda clings by his last fingernail to 'Transitory'

Inflation does damage to Japan, hits the yen. BOJ’s Kuroda clings by his last fingernail to ‘Transitory’

But it will be released in April. By Wolf Richter for WOLF STREET. Bank of Japan Governor Haruhiko Kuroda, the architect of Japan’s mad money-printing spree under the economic religion of Abenomics that began in 2012, will leave the BOJ at the end of his term in April 2023. He won’t turn his interest rate …

Inflation does damage to Japan, hits the yen. BOJ’s Kuroda clings by his last fingernail to ‘Transitory’ Read More »

Global investors bullish on China again as Beijing shifts to damage control |  CNN Business

Global investors bullish on China again as Beijing shifts to damage control | CNN Business

hong kong CNN Business — Market sentiment on Chinese stocks hit rock bottom just weeks ago after President Xi Jinping secured a historic third term in office and piled his best team with loyalists in a sweep not seen since Mao era. But last week, a series of unexpected moves from Beijing — the easing …

Global investors bullish on China again as Beijing shifts to damage control | CNN Business Read More »