Five years ago, Kenya started building a railway from the coast to, well, frankly, almost in the middle of nowhere. There had been a plan to build a final stage in neighboring Uganda but as the project ran into a series of problems that idea was scrapped and now it comes to an abrupt halt …
We underestimate Beijing’s financial colonialism at our peril Read More »
This is true for every asset. For example, the value of something as boring as a government bond is partly a product of the stories economists and investors tell each other about a country’s creditworthiness and the path of future interest rates. . When it comes to stocks, the numbers become a little less important …
Crypto’s fairy tale revolution deserves its unfortunate end Read More »
Hunt must have made his statement so soon after taking office because he knows calming the markets is paramount. The interest rate cut will have a huge positive impact on how much the Office of Budget Responsibility dips into its calculators ahead of the full statement on October 31 and determine how spooky its Halloween …
Thanks Jeremy Hunt. This is what the base skill looks like Read More »
