Fast-track Recovery from Crisis Likely for Latin America

Posted by Matt in June 8th, 2009 | no comment

Published in Americas, Economy, Chief Economist, Chile, Economic Troubles, Fast Track, Global Financial Crisis, Latin-America, Preparedness, Sound Economic Fundamentals, World Bank

Latin America is likely to bounce back from its economic troubles faster than other regions because of its sound economic fundamentals and better preparedness to fight a global financial crisis, said the World Bank’s regional Chief Economist, Augusto de la Torre.
Read More…

Is America the new Russia?

Posted by Matt in April 15th, 2009 | no comment

Published in U.S., Atlantic Monthly, Chief Economist, Elites, Financial Oligarchy, Institute Of Technology, International Monetary Fund, Massachusetts Institute Of Technology, New Russia, Oligarchy, School Of Management, Simon Johnson, Sloan School Of Management

Is the US Russia? The question seems provocative, if not outrageous. Yet the person asking it is Simon Johnson, former chief economist at the International Monetary Fund and a professor at the Sloan School of Management at the Massachusetts Institute of Technology. In an article in the May issue of the Atlantic Monthly, Prof Johnson [...]

Talking About Peak Oil

Posted by Matt in February 13th, 2009 | no comment

Published in Oil, Andrew Evans, Biofuels, Chief Economist, Decline Rates, Discovery, Electrification, Gas Powered Cars, Iea, Natural Gas Powered Cars, New Technology, opec, peak oil, Policy Decisions, Recession, Short Memories, Tar Sands, Technology Demand, Usgs, Vulnerability, Youtube

Fatih Birol talks the talk on peak oil
In this 40 minute exclusive interview for the film “PetroApocalypse Now?” Andrew Evans interviewed Fatih Birol, Chief Economist of the IEA about reserves, the USGS, technology, demand and recession, solutions and peak oil.
The interview is in 5 clips at youtube:
http://uk.youtube.com/watch?v=bA_F5j97z7E – Reserves, discovery and new technology
http://uk.youtube.com/watch?v=BhXZzNaVLJw – Decline [...]

Russia: It’s scarier than you think

Posted by Matt in October 15th, 2008 | no comment

Published in Russia, Benchmark, Calm Life, Chief Economist, Credit Crisis, Current Situation, Economic Growth, Economy, Fears, Financial Crisis, Financial Markets, Global Credit, Global Financial Crisis, Investment Bank, Investors, moscow, Oil Prices, Rogue State, Rts Index, Russia, Russians, Trust Investment

Investors are fleeing fragile financial markets, oil prices are falling, and the global credit crisis threatens the economy
…
But scratch the surface a bit, and things are less splendid than they appear. As the financial crisis spreads, Russians are suddenly discovering that their economy is shakier than many had cared to believe. Credit is increasingly tight, [...]

Seven Questions: The New World Energy Order

Posted by Matt in June 6th, 2008 | no comment

Published in Oil, Chief Economist, China, Earth, International Energy Agency, Oil Prices, Paris, peak oil, World Energy

Why are oil prices soaring so high, and will they ever return to Earth? Fatih Birol, chief economist at the International Energy Agency in Paris, explains why peak oil is real, why biofuels are indispensable, and how China determines what you pay at the pump.
Read More…

IEA worried about oil supplies, prepares forecast

Posted by Matt in May 22nd, 2008 | no comment

Published in Oil, Associated Press, Chief Economist, Cnbc, Fears, Global Economy, Global Energy, Hirsch, International Energy Agency, Landmark, Oil Fields, Oil Supplies, peak oil, Thirst, World Energy, World Oil Supply

A leading global energy monitor fears there may not be enough oil to slake the world’s thirst — and is preparing a landmark forecast that could reverberate through the global economy even as major companies announce fuel-related cutbacks.
The International Energy Agency is studying depletion rates at about 400 oil fields in a first-of-its-kind study of [...]

100% Probability of U.S. Recession in 2008?

Posted by Matt in December 26th, 2007 | no comment

Published in Economy, U.S., 12 Months, 3 Month Libor, Chief Economist, David Rosenberg, Death And Taxes, Downturn, Fed Funds Rate, Financial Crisis, Global Financial Crisis, Good Job, Hmmm, Likelihood, Merrill Lynch, Odds, Probability, Recession, Recessions, Relevant Numbers, Shadow Of A Doubt, Shape, Sure Thing, Yield Curve

That would be consistent with a recently published report by Merrill Lynch Chief Economist David Rosenberg suggesting a 100% probability of a recession. Reading from his latest writing:
“We recently unveiled a new recession probability indicator that uses the shape of the yield curve (10-year note/3-month LIBOR) and corporate spreads (Baa) to predict the probability of [...]