Greenhouse gases emissions continue to rise but what do we really know about the distribution of emissions? A recent study shows that a small share of the world population is responsible for the bulk of emissions but the geographical breakdown is not necessarily obvious.
The Fed has officially started the process of reducing its balance sheet, raised its key rates by 50 bps and pre-announced two more 50 bps rate hikes... but is voluntarily vague for the future because it probably does not want to damage credit markets too much.
Many countries or continents have made commitments to achieve net zero GHG emissions in 2050, 2060 or 2070. But what do we really know about the consequences it would have on the labor market? What will be the magnitude of the coming labor reallocation?
While there are more clouds for the growth outlook and that the upside risks for inflation have intensified, the ECB confirms that it wants to normalize its monetary policy. Indeed, governors are worried about a possible de-anchoring of inflation expectations.
While there are more clouds for the growth outlook and that the upside risks for inflation have intensified, the ECB confirms that it wants to normalize its monetary policy. Indeed, governors are worried about a possible de-anchoring of inflation expectations.
More than 80% of trade in goods in volume is carried out by cargo. Maritime transport is therefore central for global trade but it encountered significant difficulties over the past 2 years (port congestion, longer travel times)… and this has disrupted supply chains and exacerbated inflationary pressures. The economic consequences are much more important than one might think at first sight.
More than 80% of trade in goods in volume is carried out by cargo. Maritime transport is therefore central for global trade but it encountered significant difficulties over the past 2 years (port congestion, longer travel times)… and this has disrupted supply chains and exacerbated inflationary pressures. The economic consequences are much more important than one might think at first sight.
Energy prices have risen very sharply recently, and even before Russia's invasion of Ukraine. We hear more and more about greenflation, fossilflation, climateflation, etc. We try to clarify these terms and see what they correspond to in practice, in order to get an idea of the reaction of central banks.
