We're running out of resources and covid meant we stopped investing/looking for new resources - it's impossible to think that normal life brings down commodity prices.

Putin declares ‘four new regions of Russia’ as Moscow illegally annexes parts of Ukraine

I predict EURUSD to 0.8 by end of year.

Sterling crisis: A look at the unpalatable policy options

The numbers of people is not really making much sense. They won't be of much use at that level of training or equipment - they could even become a liability in a functioning army - it certainly is mad.

German Economy Minister Habeck: Partial mobilisation of Russian troops is a bad and wrong...

We all have the potential. Italy, Portugal and Greece? Greece is the standout in my opinion. The whole Greek economy makes no sense - only default and pulling out of the Euro seems a viable solution to me and then it might go the way of the lira.

Annual inflation up to 9.1% in the euro area

"The current situation was not foreseen in 2021 and could not have been forecast". Same memo as Yellen.

The role of energy in UK inflation and productivity

Are you really a peasant?

King Charles III won't have to pay inheritance tax

I respectfully disagree. I think the Royals read the same memo's as everybody else - would rather not say too much more but I do have some specific issues in mind!

New monarch gives fresh impetus to Scotland’s independence debate

I find the media scarier than any of the organisations, corporations, parties, forums or blocs they are doing the donkey work for. Yet again a huge section of society is feeling pretty alien to their surroundings and wondering what the fudge is ...

New monarch gives fresh impetus to Scotland’s independence debate

The proof will be in the pudding when licences are awarded - oil and gas companies won't express an interest in non existent resources. The majors have been exiting pretty fast - it will be interesting to see if any majors change direction because ...

The UK to announce 'dozens of new' North Sea oil and gas licences - Source

ON THE EXCHANGE RATE, THERE ARE DOLLAR SPECIFIC FACTORS AT WORK. - How to say nothing.

BOE's Bailey: On the exchange rate, there are US Dollar specific factors at work

The difference between you and I, in my opinion, is that I see nearly all leadership or opposition in the UK and around the world as imbecilic - almost defying belief. And perhaps you see one as better then the other - I maybe wrong in discerning ...

Britain’s next prime minister to be announced as country tackles worsening cost-of-living...

NotBoris - I was not suggesting that there has been no skills based system but it is entirely changed by Brexit. The numbers of skills based migrants will have to rise because there is no blanket free movement of labour from the EU. As I say - it's ...

Britain’s next prime minister to be announced as country tackles worsening cost-of-living...

The UK needs people based on merit not on skin colour. It certainly does but this skills based system has been delayed for years whilst having a system that expanded the lower skills labour supply which stopped investment in capital and benefitted ...

Britain’s next prime minister to be announced as country tackles worsening cost-of-living...

There is a scandal here - the consolation of paying for all that bureaucracy and government (with the stupidity of two locations to keep people happy) is that at least someone is doing some planning and thinking. Unfortunately we can see that all ...

Euro area annual inflation up to 9.1%

What a load of carp. I'm sure there are more than a few of us who have just taken a nice profit while you were tapping away in denial.

US Consumer Confidence Improved in August

This is almost war talk. Could it be to convince the electorate that there is nothing behind the rumours of corruption?

Scholz: We are committed to enlargement of the EU, to include Western Balkans, Ukraine,...

Hold USD

Powell is not likely to tell investors what they want to hear in Jackson Hole speech

Not sure what timeframe you are talking about tanking. I think the EUR can go much lower in the next 6 months which gives a comparatively stronger dollar perhaps sending gold to 1400's. If that happens I'll be out of dollars and into gold. Never ...

Global recession watch: Inflation at a fever pitch

In what way is he trying to remain in power?

For Boris Johnson’s Successor, Brexit Is Anything But Done

Yesterday.. Ebrahim Raisi,Erdogan and Putin.... Can't imagine what NATO or Russia think about Erdogan here. Mind boggling.

Russia's Lavrov: Geographical objectives of special operation in Ukraine have changed from...