Socio-Economics History Blog
Socio-Economics History Blog

Socio-Economics History Blog
Socio-Economics History Blog
Pozsar Was Right Again: Shipping Costs Soar 82,000% Amid Global Supply Chain Chaos After Ukraine by Tyler Durden, https://www.zerohedge.com/ Several months ago, Credit Suisse strategist and former NY Fed “liquidity plumber” Zoltan Pozsar predicted that as a result of Russian commodity exports being shunned by western nations and/or distributors while greeted by eastern nations (such as …
Source: https://fred.stlouisfed.org/series/WLRRAL end
Germany Elevates Risk Level In Its “National Gas Emergency Plan” To Second-Highest “Alarm” Phase by Tyler Durden, https://www.zerohedge.com/ European natural gas and power prices surged after Germany triggered the “alarm stage” of its NatGas-emergency plan amid reductions in supplies from Russia, according to Reuters. German Economy Minister Robert Habeck said Europe’s largest economy is in a severe …
Russia Says Response Over Kaliningrad Sanctions ‘Will Not Be Diplomatic’ by https://www.lrt.lt/en/news-in-english Moscow will respond to Lithuania’s ban on the transit of sanctioned goods to the Russian exclave of Kaliningrad in a practical way, the spokeswoman for the Russian Foreign Ministry said on Wednesday. – “One of the main questions has been about whether the …
Germany Triggers ‘Alert Level’ of Emergency Gas Plan, Sees High Risk of Long-Term Supply Shortages by Sam Meredith, https://www.cnbc.com/ * Economy Minister Robert Habeck has announced that Germany will move to stage two of its emergency gas plan. * It means Europe’s largest economy now sees a high risk of long-term gas supply shortages. * …