Yearly Archives: 2023

Service inflation x/ energy services remain close to the February peak of  7.3 percent.  The Fed is watching. 

Plurilateralism refers to trade and investment negotiations between three or more countries, but fewer than all World Trade Organization (WTO)  members. Plurilaterals can occur inside the WTO, where non-signatories still receive the benefits through the most-favoured-nation requirement. – EastAsiaForum

As every major country in Latin America shifts to the left in reaction to widening inequality, capital is flying out of the region. Wealthy and, increasingly, middle-class investors are looking for a Plan B in case of more economic and political … Continue reading →

The price of a full English breakfast jumped to a new high as stubborn food price inflation makes life harder for British consumers.  The average cost of ingredients to make a traditional fry-up soared almost 23% from a year earlier … Continue reading →

It is a turning point the world has not seen in centuries, and is unlikely to see again for centuries more. India is on the cusp of passing China in population, according to the latest U.N. estimates. At 1.428 billion … Continue reading →

Good piece on Bloomberg today about the auto repo industry.  It looks like many car owners bought too much auto: With more Americans struggling to pay their bills, the $1.7 billion industry for repossessing such assets as cars, trucks and … Continue reading →

Brazilian stocks and currency outperformed this past week as inflation came in lower than expected, increasing speculation the central bank may cut interest rates.