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...“BCG does not have a clue how a central bank works and what its legal duties are. They have compared the work on monetary policy to a carmaking production line, which is complete nonsense.”...
...The shift in transport mode, mainly a result of decisions by big container shipping line to send ships around the Cape of Good Hope, has helped push up air freight costs....
...She is already paying €150 for health certificates on the three product lines she is still able to import, out of 16 originally....
...The line is the first in a series of high-speed rail projects that are intended to ultimately link central Europe with Ukraine, Moldova and the western Balkans....
...It is viable mainly for goods going to and from central Asian countries such as Uzbekistan....
...US Central Command said, with US and UK warships and aircraft shooting down 18 drones, two anti-ship cruise missiles and one ballistic missile....
...The closures at Eagle Pass and El Paso could also cause stress on the Canadian Pacific Kansas City railroad, whose line through Laredo, Texas is the busiest rail border crossing....
...The agriculture protests boiled over on Tuesday when some Polish farmers spilled Ukrainian grain from waiting freight trains, sparking outrage in Kyiv....
...We guess the message of this post is that despite the deglobalisation freight train, the world is still an interconnected place....
...Eurozone debt prices have fallen this week ahead of the European Central Bank’s rate-setting meeting on Thursday, where investors will watch for any hints as to when the central bank will start lowering...
...A growth target of 5 per cent is “in line with expectations, reality and the need for developments”, the ministry said....
...De Guindos did not say what a likely recession would mean for monetary policy — sticking to the ECB’s oft-repeated line that “future decisions will continue to follow a data-dependent approach to determining...
...Beans are shipped by sea freight to its small factory in central Zürich, where everything (apart from peeling the beans) from roasting and conching to tempering and packaging takes place on site....
...The central government announced Rmb1tn in surprise borrowing in the fourth quarter, which analysts think will raise China’s fiscal deficit above 3 per cent of GDP — loosely considered its red line....
...Once the BoJ is no longer the sole major central bank still locked in ultra-loose mode, runs the argument, a revaluation of the yen will come due....
...World-beating US growth, somewhat stubborn inflation and central bankers emphasising patience have meant rate-cut expectations are being curtailed....
...The Nikkei 225 stock index surged through the 37,000-point line for the first time in 34 years on Friday, setting the widely watched Japanese benchmark on track to surpass the all-time high set in December...
...And the issue is not so much inflation as central banks’ measures for dealing with it. What has subdued infrastructure investing is rising interest rates....
...In its initial phase, the single-track rail line will run passenger and cargo trains simultaneously....
...Copper is used in wind turbines and electric cars as well as power transmission lines....
...What can go right on growth US real gross domestic product appears to be growing at a nice, steady 2 per cent rate, right in line with the economy’s long-run growth potential....
...General merchandise prices were lower than a year ago, he told analysts, “but not as much as the trend line would have suggested” at the end of the preceding quarter....
...The Apollo proposal also featured a “roll-up” component that would have given Apollo’s earlier $500mn secured loan to Yellow “superpriority” status alongside the DIP loan, putting it first in line for repayment...
...Many believe that the slightly better than feared performance of regional economies means a more painful recession can be avoided, while falling inflation will allow central banks to cut interest rates,...
...HS2 is not just a solution on passenger capacity but has become vital to Britain’s net zero goals, to free up the existing lines to take much more freight off the roads....
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