Oil and gas profits fuel UK worker demands for just energy future
When Scott Agnew worked on deep sea oil and gas tankers and cargo boats in the 1980s, he used to count whales and dolphins for conservationists’ surveys on his voyages…
Sunak’s plans
UK Prime Minister Rishi Sunak has announced his controversial plan to reduce international student intake in universities across the country. His government sees this plan as a step towards controlling…
A change unnoticed
The United Kingdom just experienced an historic change in the form of electing its first non-white and non-Christian prime minister. Rishi Sunak is no ordinary person of colour but someone…
Australia’s lopsided swaps market creates pockets of pricing mayhem
Volatility has exploded in an obscure but important corner of Australia’s $113-billion-a-day interest-rate derivatives market, with disruption flowing across fixed income products. Dealers say the typically stable market for swapping…
Global bonds move in lockstep, ramping up investors’ risk
Government bond prices around the world are moving in tandem, reducing investors’ ability to diversify their portfolios and raising concerns of being blindsided by market gyrations. Correlations between currency-adjusted returns…
BoE in murky water with qualified ‘whatever it takes’
‘Time-limited’ and ‘whatever it takes’ don’t sit comfortably together. Even if a law of diminishing returns suggests the legendary ‘whatever it takes’ warning from policymakers to markets is waning somewhat,…
BoE in murky water with qualified ‘whatever it takes’
‘Time-limited’ and ‘whatever it takes’ don’t sit comfortably together. Even if a law of diminishing returns suggests the legendary ‘whatever it takes’ warning from policymakers to markets is waning somewhat,…
Refuge in Rwanda?
The British government announced in April that it had struck a deal to send potentially tens of thousands of asylum seekers to Rwanda. The arrangement attracted significant criticism from the…
Britain’s new vision leaves onlookers with nightmares
Britain’s new economic agenda represents the biggest gamble for growth in a major Western democracy in at least 40 years, for which the chance of success fell instantly as investors…
Market mayhem awaits Britain’s new leader
Liz Truss, on course to become Britain’s prime minister on Monday, looks set to walk straight into a financial market firestorm that she will have to act fast to extinguish.…
