Structural reforms required to safeguard democratic future, Europe needs action now on inflation to brake loss of euro trust, and more

Structural reforms required to safeguard democratic future

By Sunil Sharma and William White

Macroeconomic stabilisation policies cannot address the deep structural problems that confront the economies of many advanced democracies. Indeed, pretending that they can poses a threat to democracy itself as a worsening economic reality increasingly disappoints popular expectations. To confront this political vulnerability, actual policies must be improved, but popular expectations must also become more...

https://allaboutshipping.co.uk/2022/04/22/structural-reforms-required-to-safeguard-democratic-future-europe-needs-action-now-on-inflation-to-brake-loss-of-euro-trust-and-more/

FTSE opens higher following mixed overseas trading, with Tesla helping lift tech sentiment

Sophie Lund-Yates, Lead Equity Analyst at Hargreaves Lansdown
  • Tech-heavy NASDAQ is down over 1% after Netflix’s disappointing subscriber losses, but Tesla results put the worst of tech fears to bed
     
  • FTSE100 up 0.4%, following mixed trading from Wall St and Asia
     
  • US Federal Reserve chair Jerome Powell, ECB President Christine Lagarde and Bank of England governor Andrew Bailey are due to meet today, with inflation, interest rates and the Ukraine crisis likely to be discussed
     
  • Oil price...

https://allaboutshipping.co.uk/2022/04/21/ftse-opens-higher-following-mixed-overseas-trading-with-tesla-helping-lift-tech-sentiment/

Europe needs action now on inflation to brake loss of euro trust, Why the labour market won’t fuel US inflation, and more

Europe needs action now on inflation to brake loss of euro trust

By Jürgen Stark

The European Central Bank’s asymmetric monetary policy approach, followed for several years, has now become a source of instability – the opposite of what its mandate decrees. After announcement of the 7.5% inflation rate in March, the highest since the euro began, this policy of vacillation has run its course and must now end. The time has come to brake the loss of trust in the ECB and in the stability of the euro....

https://allaboutshipping.co.uk/2022/04/13/europe-needs-action-now-on-inflation-to-brake-loss-of-euro-trust-why-the-labour-market-wont-fuel-us-inflation-and-more/

How the ECB can improve its communications, How high will the Fed have to go? and more

THE WEEKEND REVIEW Latest opinion and analysis from OMFIF around the world

14-18 March 2022, Vol.13 Ed.11

Most-read Commentary

How the ECB can improve its communications: As the European Central Bank approaches its first significant monetary tightening since 2011, President Christine Lagarde faces a threat of cacophony among the voices making up the 25-member governing council. This endangers the cohesion and the credibility of the central bank as it confronts the economic and political...

https://allaboutshipping.co.uk/2022/03/19/how-the-ecb-can-improve-its-communications-how-high-will-the-fed-have-to-go-and-more/

ECB needs to increase transparency as it tackles euro area problems

Thursday 17 March 2022 – Vol.13 Ed.11.4

Commentary: How the ECB can improve its communications

By Moritz Kraemer in Stuttgart

As the European Central Bank approaches its first significant monetary tightening since 2011, President Christine Lagarde faces a threat of cacophony among the voices making up the 25-member governing council. This endangers the cohesion and the credibility of the central bank as it confronts the economic and political repercussions of the war in Ukraine, including higher...

https://allaboutshipping.co.uk/2022/03/17/ecb-needs-to-increase-transparency-as-it-tackles-euro-area-problems/

GLOBAL & REGIONAL DAILY (Monday, March 14, 2022)

GLOBAL & REGIONAL DAILY (Monday, March 14, 2022)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

March 14 2022

Global Markets

Glimmers of hope on some progress in Russia-Ukraine peace talks boost risk-on sentiment and oil loses some of its gains, while the more hawkish than expected ECB policy stance gives rise to higher sovereign bond yields. Focus this week turns to the FOMC meeting on Wednesday and Thursday.

Greece

According to ELSTAT provisional data on commercial transactions, the deficit of the trade balance...

https://allaboutshipping.co.uk/2022/03/14/global-regional-daily-monday-march-14-2022/

Clear communication key as Berlin wrangles with economic direction

Clear communication key as Berlin wrangles with economic direction

Thursday 17 February 2022 – Vol.13 Ed.7.4

Commentary: Competing Berlin economic players stretch Scholz’s big tent

By David Marsh and Mark Sobel

The three-party German coalition is a big tent. Behind the scenes, the economic policy tent has been getting more disorderly. The good news is that Berlin is replete with vibrant policy-makers intent on resolving Germany’s and Europe’s economic problems. These objectives could be stymied by...

https://allaboutshipping.co.uk/2022/02/17/clear-communication-key-as-berlin-wrangles-with-economic-direction/

ECB monetary policy seeks to flee from climate change consequences

ECB monetary policy seeks to flee from climate change consequences

Monday 14 February 2022 – Vol.13 Ed.7.1

Commentary: ECB must choose fight, not flight, on climate change

By Rens van Tilburg and Aleksander Simić 

‘Fight or flight?’ When it comes to climate change, the global community has decided that it needs to put up a fight. This is seemingly not the way the European Central Bank views things. As part of its monetary strategy review, it concluded that climate should be considered in setting...

https://allaboutshipping.co.uk/2022/02/14/ecb-monetary-policy-seeks-to-flee-from-climate-change-consequences/

US must strengthen IMF at February G20 meeting, A new front in ECB’s psychological war over tighter money, and more

US must strengthen IMF at February G20 meeting, A new front in ECB’s psychological war over tighter money, and more

THE WEEKEND REVIEW Latest opinion and analysis from OMFIF around the world

7-11 February 2022, Vol.13 Ed.6

Most-read Commentary

US must strengthen IMF at February G20 meeting: G20 finance ministers and central bank governors gather on 17-18 February. Amid high-profile topics including inflation, key issues beneath the surface could challenge the International Monetary Fund’s global...

https://allaboutshipping.co.uk/2022/02/12/us-must-strengthen-imf-at-february-g20-meeting-a-new-front-in-ecbs-psychological-war-over-tighter-money-and-more/

Nagel launches appeal to curb inflation before it is too late

Nagel launches appeal to curb inflation before it is too late

Thursday 10 February 2022Vol.13 Ed.6.4

Commentary: A new front in ECB’s psychological war over tighter money

By David Marsh in London

A new front has opened in the psychological war at the European Central Bank over an incipient move to tighten monetary policy. In his first media interview since becoming Bundesbank president, Joachim Nagel has forecast average Germany inflation of ‘well over 4%’ this year. This is probably sufficient to...

https://allaboutshipping.co.uk/2022/02/10/nagel-launches-appeal-to-curb-inflation-before-it-is-too-late/

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