Lorie Logan gives nod that The Blind Spot’s intraday liquidity thesis is accurate.
As the United States confronts an impending government shutdown amid an unwelcome outbreak of bond vigilantism, an unexpected remedy to global financial implosion might just lie in a murky corner of long forgotten financial history. Dormant for decades, the Blind Spot understands the overlooked issue of defaulted Chinese imperial debt is quietly turning heads on […]
By Victor Jack, Abby Wallace · Aug 18, 2023 BRUSSELS — The U.K. and EU are likely to miss their 2030 wind energy installation targets as the sector runs into increasing difficulties, putting Europe’s green transition at risk. Surging inflation, supply chain bottlenecks, hold-ups in getting permits, problems with government-backed subsidy schemes and mounting competition […]
Clubcard Nation: how supermarket loyalty schemes make cash-strapped Brits an offer they can’t refuse (POLITICO)
By Ben Munster · Aug 8, 2023, MANCHESTER — Belvita fruit crunch, Crimble’s Big Choc Macaroons, Elvive Colour Protect shampoo — all among the many goods Brits purchase in vast quantities everyday, and all painfully expensive in U.K. supermarkets as the cost-of-living crisis continues to take its toll. At a growing number of supermarkets, relief […]
The Blind Spot’s Dario Garcia-Giner probes just how big a deal UAPs are for the safety of our skies and what authorities across the world are doing to track the phenomena. An exhaustive months-long investigation reveals the risk is on the way to being treated more seriously by civil and military aviation institutions — a robust about-turn after decades of pretending it didn’t exist.
By Ben Munster · May 26, 2023 Panic in Europe? Over a U.S. debt default? Surely not … well, maybe. Just a little. OK, quite a lot, to judge by an awkward exchange at the International Capital Markets Association’s annual bash in Paris on Thursday. “My question,” AXA Investment Management fixed-income chief Hans Stoter told […]
By Bjarke Smith-Meyer, Ben Munster · May 19, 2023 BRUSSELS — Few expected Tether, the world’s most prominent stablecoin, to survive the crypto market meltdown. Instead, the issuer of dollar-pegged digital tokens revealed it was thriving by this month posting a first-quarter profit of $1.5 billion that left most of its rivals in its wake. […]
By Bjarke Smith-Meyer – May 5, 2023 There’s a turf war going on for your savings. At stake are over $16 trillion worth of deposit balances in the European Union alone, vital to banks’ capacity to keep credit flowing to small businesses and individuals. This is especially the case in Europe which relies far more […]
By Izabella Kaminska · Apr 26, 2023, 2:22 PM To read remarks made by a string of treasury officials and central bankers in recent weeks, one thing becomes clear: It’s no longer an exaggeration to suggest the global economic system is heading toward a shift unlike anything since World War II. And what’s more, what’s […]
By Giorgio Leali – Apr 21, 2023 (POLITICO) PARIS — France’s feisty Economy Minister Bruno Le Maire has another opportunity to pick a fight with Washington as a sensitive investment screening case is about to land on his desk. The French government wants to prevent nuclear-submarine parts supplier Segault from falling into American hands just […]