CBS Eye on the World with John Batchelor: #EU France, Timely stockpiling of natural gas for Winter '23.

 By SIMON CONSTABLE

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Adam Parelle, Public domain, via Wikimedia Commons

Forbes: Britain Reinstates Fracking Ban Despite Buying U.S. Fracked Natural Gas

By SIMON CONSTABLE 

Britain’s new Prime Minister, Rishi Sunak, reinstated the country’s ban on hydraulic fracturing (a.k.a. fracking) on Wednesday. That means no UK fracking for oil and gas.

It’s not surprising, given that most British people likely don’t know they are already consuming literal boatloads of fracked natural gas from the U.S.

Yet here we are with Britain thinking it's doing the environmentally suitable thing by not fracking and at the same time benefiting from the fruits of this energy extraction technique. Read more here.

Photo by KWON JUNHO on Unsplash

Forbes: Lesson In Leadership: 3 UK Prime Ministers So Far This Year

By SIMON CONSTABLE

Budding entrepreneurs and corporate executives would do well to learn something from what just happened. Read more here.

Ben Shread / Cabinet Office

Forbes: Relief From Brazil Is In Sight For Orange Juice Lovers

By SIMON CONSTABLE

Orange juice prices seemed to have reached nosebleed levels. 

But if you can hold on a little while, there may be some relief in sight, experts say. Read more here.

Agency of the United States Department of Agriculture, 

Public domain, via Wikimedia Commons

Forbes: China’s Share Of Global Economy Set To Stall - New Research

By SIMON CONSTABLE

Chinese premier Xi Jinping might have cemented his power in China, but dreams of dominating the global economy could soon come to a screeching halt. Read more here.

DoD photo by Erin A. Kirk-Cuomo, Public domain, 

via Wikimedia Commons

Forbes: How The Fed’s Monetary Policy Has Raised Inflation For Some Americans

By SIMON CONSTABLE

The Fed has a hard job ahead fighting inflation.

But its recent series of interest rate hikes have delivered a substantial increase in the cost of living for more than a few Americans. That’s at odds with the institution’s stated goals. Read more here.

Federal Reserve, Public domain, via Wikimedia Commons

CBS Eye on the World with John Batchelor: #Ukraine EU adjusts to its natgas supplies

 By SIMON CONSTABLE

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Tim Evanson from Cleveland Heights, Ohio, USA, 

United States of America, 

CC BY-SA 2.0, via Wikimedia Commons

Forbes: How Bad Is Europe’s Energy Problem? Better Than You Think

By SIMON CONSTABLE

There’s a been a lot of scaremongering about Russia and its threats to turn off Europe’s energy supply this winter by conducting ‘maintenance’ on the natural gas pipeline that goes through Ukraine.

But it's a hollow threat. So empty that it beggars belief. Read more here. 

Tim Evanson, CC BY-SA 2.0, 

via Wikimedia Commons

Forbes: Get Ready For Another Lumber Rally As Homebuilders Anticipate 2023 Rebound

By SIMON CONSTABLE

Get ready for another lumber rally,

Despite its epic fall since March, lumber could be about to surge once again, experts say. Read more here.

Stephen Ondich, CC BY-SA 4.0, via Wikimedia Commons

Forbes: Why Remote Workers Should Ditch Santa Ana CA In Favor Of Plano TX

By SIMON CONSTABLE

As if California wasn't already hurting workers enough. Read more here.

Photo by Viviana Rishe on Unsplash

Forbes: Scotland’s Leader Sturgeon She Still Wants Independence From The UK

By SIMON CONSTABLE

She also 'detests' Conservative Party voters, which make up almost one-four Scots voters. Read more here.

The Scottish Government, CC BY 2.0, 

via Wikimedia Commons

CBS Eye on the World with John Batchelor: #France: #Scotland: #MrMarket: Remembering a rare Cross-Atlantic hurricane and the Bear Market of October 19, 1987

 By SIMON CONSTABLE

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Bagmoor Wood, Log Pile by Colin Smith, CC BY-SA 2.0, 

via Wikimedia Commons

WSJ: Financial Flashback -- the Crash of 1987

By SIMON CONSTABLE

Exclusively in the print version of The Wall Street Journal

CBS Eye on the World with John Batcehlor: #OPEC #Russia #EU The price of energy is not going lower

 By SIMON CONSTABLE

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Post of Azerbaijan, Public domain, 

via Wikimedia Commons

Briefings Magazine: The Central Bank Dip

 By SIMON CONSTABLE

What a difference a few decades make. In 1982, the reputation of the Federal Reserve was riding high after its leader Paul Volcker had deftly tamed the double-digit inflation that blighted the US economy during the late 1970s. A year later, when Hong Kong suffered a currency crisis, the Fed’s tangential involvement played an essential part in lifting the then-British territory out of economic and political turmoil. While the Fed’s glow lasted into the early 21st century, the institution now seems to have lost some of its luster, as have other major central banks, according to some experts. Read more here.

Stone on the Wall of the Federal Reserve Bank of New York

Benji the Pen, CC BY-SA 4.0, via Wikimedia Commons