U.S. Inventories and Production Levels.
Author Archives: Andreas Koudellou
Labor costs in GIIS.
Struggling countries in the eurozone – Italy, Ireland, Greece and Spain … Have been reducing labour costs steadily.
Hurricane Sandy impact compared with other cyclones.
Hurricane Sandy had an impact of around $40B…& ranks 3rd for damaging. in the picture its compared with other cyclones. Please feel free to comment.
Strategic Oil Chokepoints – jpm
The most important naval choke points were first identified by John Fisher in his defense of continued British colonialism (important colonies in parentheses): Hormuz Strait between Oman and Iran at the entrance to the Persian Gulf Strait of Malacca between Singapore and Indonesia Bab-el-Mandeb passage from the Arabian Sea to the Red Sea (Yemen and Socotra) Panama Canal and the Panama Pipeline connecting the Pacific and Atlantic Oceans (British Honduras) Suez Canal and the Sumed Pipeline connecting the Red Sea and Mediterranean Sea (Egypt)Continue reading “Strategic Oil Chokepoints – jpm”
A Russian collapse due to oil prices would make NY real estate affordable again.
Shale gas exploration in China
Chinese metal inventory spells disaster for bulk vessels.
The following chart shows Chinas raw iron ore imports. Not a good time to be a bulk carrier…
Social unrest and revolt during the Arab spring led to a restricted N African supply of crude. Japan’s catastrophic quake halted her industrial production lines. These events created unprecedented volatility in the raw commodities industry, the volatility is set to continue through 2012 as more austere fiscal measures are adopted.
Bank of Italy director says no major requirements needed for Italian banks.
Yes, it’s all fine. nobody worry about anything Director Saccomanni (Bank of Italy).
The ECB must stop the meltdown by buying GIIPS bonds
If the IMF is asked for funds from the EU, it won’t have enough resources for the rest of the worlds emerging markets if there is a contagion. The fiscal situation in the EU’s GIIPS countries is not good, but it’s not like they were jewels to begin with, they’ve battled these problems for decades,Continue reading “The ECB must stop the meltdown by buying GIIPS bonds”