Monthly Archives: December 2014

From the archives: Oil gluts, Great Depression style

UK Only Article:  standard article Fly Title:  From the archives Rubric:  Too much oil flooded the world in the early-1930s, contributing to deflation Byline:  C.R. Main image:  20141220_fnp504.jpg During the Great Depression of the 1930s, massive oil discoveries in Texas, … Continue reading

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Money talks: December 29th 2014: End of year edition

OLIVIER BLANCHARD, chief economist at the IMF, on tumbling oil prices, the continued US economic recovery and which countries look vulnerable in 2015 Comment Expiry Date:  Tue, 2015-01-13 View full post on Commodity Markets

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The Economist explains: What’s gone wrong with Russia’s economy

RUSSIA is in the middle of a currency crisis. On December 15th its currency lost 10% of its value, having already lost about 40% this year. The central bank increased interest rates sharply, but instead of calming the market the … Continue reading

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Energy markets: Oil spill

UK Only Article:  standard article Fly Title:  Energy markets Rubric:  As the oil price plunges, gloom and ill-will, oddly, abound Byline:  E.L. Main image:  20141220_fnp501.jpg BE CAREFUL what you wish for. After years of grumbles about a historically high oil … Continue reading

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