UK and EU strike new Brexit deal in last-ditch talks

Negotiators from the U.K. and EU reached a draft Brexit deal in 11th-hour talks Thursday, although there are serious doubts that the agreement will be approved by U.K. lawmakers ... Read More
Colored Diamonds

Lab-grown diamonds shaking up the industry

Young consumers in China are taking a growing interest in cheaper, more accessible alternatives to mined gems. It sparkles and shines like a diamond from the Earth’s mantle, but ... Read More
markets flow

An Inflationary Depression

  Financial markets are ignoring bearish developments in international trade, which coincide with the end of a long expansionary phase for credit. Both empirical evidence from the one occasion ... Read More

The most common way of transporting traded goods to and from Europe

In 2018, the total value of the EU’s imported and exported goods transported by sea to non-EU countries was EUR 2 006 billion. Sea transport accounted for 47% of ... Read More

Oil markets are one outage away from crisis

The supply disruptions in the oil market may not be over, despite volatility and prices easing in the days after the Abqaiq attack. The repairs at the Abqaiq processing ... Read More

Measuring Recession

  Using nominal GDP, or GDP deflated by the CPI, as the principal guide to the state of the economy is a common mistake which will eventually prove very ... Read More

How bread and cereals prices vary across the EU

In 2018, the price of bread and cereals across the European Union (EU) was more than three times as high in the most expensive Member State than in the ... Read More

China or US?

  China has made some silly errors in its conflict with the US, reflecting the arrogance that often afflicts every state actor. But the appearance that China is being ... Read More

How dependent is your country on oil imports?

In 2017 the European Union (EU) relied on net imports for 87% of its oil consumption. This ratio, known as the oil import dependency rate, is unchanged from 2016 ... Read More

Negative interest rates and gold

  The reason for persistent strength in the price of gold can be found in the changing relationship between time preference for monetary gold, and a new round of ... Read More
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