One counterparty failure allegedly setting off the Lehman Brothers’ collapse or a tree branch falling on a power line in Ohio creating blackouts in Michigan, New York and Canada. China questions No one can know whether China will exit Zero COVID without implodi...
And other places, Australia and Canada for example, are not big sources, but are sources. I think the flows would come that way into China. And I think the Chinese RMB has been a little weak against the dollar, it would tend to strengthen it somewhat. SFC Markets and Finance: Related ...
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Canada’s central bank also raised rates in October by 0.5 of a percentage point, which was less than anticipated, as it pushes to restore price stability within the Canadian economy. Tiff Macklem, governor of the Bank of Canada, told the House of Commons Standing Committee on Finance that ...
but the history of post-bubble credit collapses is that even with massive policy reflation, deflation pressures can dominate for years — this was certainly the case in the U.S.A. and Canada in the 1930s, and again in Japan from the 1990s until today. Income strategies in both cases work...
It may have escaped Canadians’ notice, but virtually nowhere else in the developed world is it now required to wear a mask, as is still mandatory in many of Canada’s airports and on flights out of our benighted country. There is absolutely no excuse for this, except the punitive self-...
contributing to concerns about a potential global recession. The European Central Bank last week raised its benchmark rate by three-quarters of a percentage point. The Bank of England, the Reserve Bank of Australia and the Bank of Canada have all carried out hefty rate increases in recent week...
https://www.nbcboston.com/boston-business-journal/boston-beer-to-launch-first-cannabis-beverage-in-canada/2728444/ The Boston Beer Company is launching a new line of cannabis-infused iced teas that will become available in select Canadian provinces beginning in July while the company awaits further...
Reserve, the ECB, the Bank of Canada and the Bank of England on high alert. Now yield curve inversion – where shorter-dated bonds offer higher returns than longer-dated ones – has deepened as yields on shorter maturities surge. This is generally interprete...
Pablo in Oz, via Canada, Here is one woman who has lived her whole life in peril! Werther unfounded or not? Pictured for the first time in 25 years: The reclusive widow of Lee Harvey Oswald who ‘lives in fear of being killed by the Secret Service’ and has turned down $3m to talk...