Central banks have lost control of both the narrative and the markets.
Corruption
The National: Spain – Leader of People’s Party in Catalonia caught up in degree scandal
In Germany around 2010 numerous leading politicians including ministers had to resign as it was revealed that they had copiously plagiarised or had not written their own dissertations. In Spain things seem to be no […]
Environment
Transport & Environment: Europe’s luxury cruise ships emit as much toxic sulphur as 1bn cars – study
Cruise ship pollution around ports is higher than pre-pandemic levels, but air pollutants from cruise ships fell 80% in Venice following the city’s ban on large ships. Read HERE
Economics
S&P Global: UK Economy Crashing into Recession – Inflation may slow
Key findings:Flash UK PMI Composite Output Index(1) at 50.9 (Jul:52.1). 18–month low.Flash UK Services PMI Business Activity Index(2) at52.5 (Jul: 52.6). 18–month low.Flash UK Manufacturing Output Index(3) at 42.4(Jul: 48.9). 27–month low.Flash UK Manufacturing PMI(4) […]
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