When Austerity Is a Bigger Problem Than Inflation

Russia’s crude oil exports account for 5 per cent of global consumption, or about 4.5mn barrels per day, according to Kieran Tompkins at Capital Economics. Ever since the start of the war in Ukraine...

“China holds most of the cards for the copper needed for the green transition,” says Kieran Tompkins, a commodities economist at Capital Economics.

As Capital Economics Ltd. of London points out, the peso’s correlation with the global stock market is stronger than any other currency, bar the Korean won.