Archive for the ‘Comment’ Category

Central banks heading for exit, China’s economic outlook and the future of the renminbi

Central banks heading for exit, China’s economic outlook and the future of the renminbi
. Commentary: Central banks heading for exit By David Owen in London In among all the concern about economic growth rolling over, it is important to recognise that central banks are still heading to the exit. Just before Christmas the Sveriges Riksbank raised rates for the first time in this cycle. In...
January 16th, 2019 | Banking, Comment, Conferences, Seminars, Forums, Insight, Markets, News | Read More

Fiscal money solution for Rome, 100th edition of The Bulletin

Fiscal money solution for Rome, 100th edition of The Bulletin
. Commentary: Fiscal money solution for Rome By Biagio Bossone, Marco Cattaneo, Massimo Costa, and Stefano Sylos Labini Fiscal money is a transferable and negotiable government-issued security that bearers may use for obtaining tax rebates two years from issuance. In the case of Italy, FM could fund...
January 15th, 2019 | Anniversaries, Banking, Comment, Finance, Markets, News | Read More

Markets: Even the Wets Dry out

Markets: Even the Wets Dry out
John Faraclas The BDI (Baltic Dry index) is now 1,100 points below that as of the end of December 2013 when the BDI stood at 2,247 points. Geopolitical jeopardy continues… John Faraclas’ brief recap: The BDI lost 22 points and now reads 1,147 points! The Capes’ BCI lost 14 points and now stands...
January 14th, 2019 | Chartering, Comment, Dry Bulkcarriers, Insight, Markets, News, Reports, Shipping Indices, Statistics, Tankers, Trade and Commerce | Read More

Back to Brussels on Brexit, In conversation with Marco Cattaneo

Back to Brussels on Brexit, In conversation with Marco Cattaneo
. Commentary: Back to Brussels on Brexit By Norman Lamont in London Prime Minister Theresa May, facing a crucial House of Commons vote on 15 January on Britain’s EU exit, is running down the clock until members of parliament feel they have no option but to back the government’s deal over...
January 11th, 2019 | Banking, Comment, Finance, Markets | Read More

The Funds

The Funds
Emmanouela Depounti The Funds By Emmanouela Depounti, Attorney at Law, Former legal advisor of Agricultural Bank of Greece SA, Former introducer of Astrobank Ltd (Cyprus). Part of the population in Greece strongly believes that the reason why the subject of non-performing loans  (NPL) was allowed to...
January 10th, 2019 | Banking, Comment, Finance, Markets | Read More

Non-American should lead World Bank, Global economic challenges in 2019

Non-American should lead World Bank, Global economic challenges in 2019
Commentary: Non-American should lead World Bank By Mark Sobel in Washington Since the creation of the International Monetary Fund and World Bank at the end of the second world war, an American has led the Bank (Jim Yong Kim, who announced his resignation from the presidency on Monday, is Korean-American)...
January 10th, 2019 | Banking, Comment, Conferences, Seminars, Forums, Reports | Read More

Italy is not Greece

Italy is not Greece
Emmanouela Depounti Italy is not Greece By Emmanouela Depounti, Attorney at Law, Former legal advisor of Agricultural Bank of Greece SA, Former introducer of Astrobank Ltd (Cyprus). …And it’ s about time to stop the comparison between Italy’s 10th largest bank,  Banca Carige, which has been put...
January 9th, 2019 | Banking, Comment, Insight | Read More

The Greek Banking Issue

The Greek Banking Issue
Emmanouela Depounti The Greek Banking Issue By Emmanouela Depounti, Attorney at Law, Former legal advisor of Agricultural Bank of Greece SA, Former introducer of Astrobank Ltd (Cyprus). The problematic banking system in Greece is not a recent phenomenon. It started in 2001 and was underlined in September...
January 8th, 2019 | Banking, Comment, Insight, Markets | Read More

British politics caught in zugzwang, Advancing the European regulatory agenda

British politics caught in zugzwang, Advancing the European regulatory agenda
Commentary: British politics caught in zugzwang By John Nugée in London The various pro- and anti-Brexit camps in the House of Commons are all caught in a sort of zugzwang, to borrow the phrase from chess – they are safe if they do nothing, but if any camp forces a vote it may end up triggering exactly...
January 8th, 2019 | Comment, Conferences, Seminars, Forums, Politics and Government | Read More

US tax cuts must take the blame, US-China trade war implications

US tax cuts must take the blame, US-China trade war implications
Fed Chair Jerome Powell Commentary: US tax cuts must take the blame By Desmond Lachman in Washington After Wednesday’s interest rate increase, Fed Chair Jerome Powell is likely to get the blame for the bursting of the stock market bubble. But it was Trump who introduced a large unfunded tax cut that...
December 24th, 2018 | Banking, Comment, News | Read More

US-China trade war postponed, A year in review

US-China trade war postponed, A year in review
Commentary: US-China trade war postponed By Joergen Oerstroem Moeller in Singapore On the side line of the G20 meeting at the beginning of December, US President Donald Trump and Chinese President Xi Jinping agreed to suspend announced tariff increases for 90 days – from 1 January to 1 April 2019 –...
December 21st, 2018 | Comment, Reports, Trade and Commerce | Read More

Mid-week blues with the BDI@1,378

Mid-week blues with the BDI@1,378
John N. Faraclas The BDI (Baltic Dry Index) lost 17 points earlier on today; Geopolitics still enigmatically perplexed …and the Chios Marine Club Christmas party makes waves. John Faraclas’ daily recap: Another triple-digit points were lost for the Capes’ BCI  now standing at 2,264 – minus...
December 19th, 2018 | Charity, Chartering, Comment, Dry Bulkcarriers, Events, Markets, News, Oil Industry, People and Places, Shipping Indices, Tankers, Trade and Commerce | Read More

Radical risk-sharing rethink, Advancing the European regulatory agenda

Radical risk-sharing rethink, Advancing the European regulatory agenda
Commentary: Radical risk-sharing rethink By Marcello Minenna in Milan Now that the ECB’s four-year €2.6tn bond-buying programme is coming to an end, there are other ways, more overt and effective, to stabilise monetary union, through a more concentrated form of risk-sharing. The first step would...
December 19th, 2018 | Comment, Conferences, Seminars, Forums, News | Read More

Power vacuum points to no-deal Brexit, The retreat of globalisation

Power vacuum points to no-deal Brexit, The retreat of globalisation
Commentary: Power vacuum points to no-deal Brexit Theresa May By Joergen Oerstroem Moeller in Singapore With her back to the wall, Theresa May seems to have forged a strategy to achieve her goals, however lofty or improbable they seem. If the opposition parties in parliament and those Conservatives who...
December 14th, 2018 | Comment, European Union, News, Organisations, Politics and Government | Read More

Brexit tumult recalls Black Wednesday, Global financial stability roundtable

Brexit tumult recalls Black Wednesday, Global financial stability roundtable
. Commentary: Brexit tumult recalls Black Wednesday By Trevor Greetham in London The UK is in a fast-changing situation with much at stake. The degree of uncertainty over the future path of government policy on Brexit calls to mind the days running up to Black Wednesday in September 1992, when the UK...
December 11th, 2018 | Banking, Comment, Conferences, Seminars, Forums, Finance | Read More

The BDI@1,296; “thanks” once again to the Capes… but: Caution should be observed!

The BDI@1,296; “thanks” once again to the Capes… but: Caution should be observed!
John Faraclas The BDI (Baltic Dry Index) gained 59 points earlier on today as the questionable Capes’ BCI clinched another three-digit points and now stand at 1,925 which is 186 plus since yesterday… and soon might be over and above the 2,000 threshold! John Faraclas’ daily brief: The Panamaxes’...
December 5th, 2018 | Chartering, Claims, Comment, Defense, Disputes, Dry Bulkcarriers, Events, Conferences,Forums and Symposiums, Groundings, Health and Safety, Insight, Marine Insurance, Maritime Accidents, Markets, News, P and I Clubs, Reports, Safety and Security, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Preserving Britain’s place in the EEA, Brexit deal podcast

Preserving Britain’s place in the EEA, Brexit deal podcast
. Commentary: Preserving Britain’s place in the EEA By David Owen in London The UK intends to remain a member of the European Economic Area on the same grounds as Norway, Iceland and Liechtenstein. There will be a deep free trade agreement in place on 30 March 2019 and no need to take recourse...
December 5th, 2018 | Comment, Conferences, Seminars, Forums, News, Politics and Government | Read More

The BDI@1,203: future imperfect

The BDI@1,203: future imperfect
John Faraclas – picture credits Panagiotis Tsakos Photography – The BDI (Baltic Dry Index) lost 28 points earlier on today thanks, once again to the Capes losing whatever more or less gained during the past ten days… Geopolitical chaos gets another extension before Armageddon’s arrival…...
December 3rd, 2018 | Chartering, Climate, Comment, Conferences, Seminars, Forums, Dry Bulkcarriers, Emissions, Environment, Events, Conferences,Forums and Symposiums, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Tokenisation unlocks illiquid markets, Global financial stability

Tokenisation unlocks illiquid markets, Global financial stability
Commentary: Tokenisation unlocks illiquid markets By Pierre Ortlieb in London The promise of tokenisation lies in substantially reducing remaining illiquidity discounts by creating tokens that represent partial ownership rights to underlying illiquid assets. This is particularly encouraging in the commercial...
November 30th, 2018 | Banking, Comment, Conferences, Seminars, Forums, Finance, Markets, Reports | Read More

Post-Brexit UK will find no sympathy, City Lecture with Vítor Constâncio

Post-Brexit UK will find no sympathy, City Lecture with Vítor Constâncio
Commentary: Post-Brexit UK will find no sympathy By Joergen Oerstroem Moeller in Singapore Regardless of whether it endures in its current form or is amended in the coming weeks, Theresa May’s Brexit deal with the EU opens the door to further contentious negotiations. The first involves expanding on...
November 29th, 2018 | Comment, Conferences, Seminars, Forums, News | Read More

The naked truth; the BDI@1,330

The naked truth; the BDI@1,330
John Faraclas The BDI (Baltic Dry Index) lost nine points earlier on today due to Capes’ hiccups so to speak. Geopolitics create an uncertainty and things – as we have numerous times warned you: will get sour. John Faraclas’ daily market briefing: The Capes’ BCI  following a crazy upwards...
November 28th, 2018 | Chartering, Comment, Dry Bulkcarriers, Markets, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

May deal faces near-impossible hurdles, In conversation with Caroline Atkinson

May deal faces near-impossible hurdles, In conversation with Caroline Atkinson
British PM Theresa May Commentary: May deal faces near-impossible hurdles By Joergen Oerstroem Moeller in Singapore Prime Minister Theresa May would almost certainly try to counter a rejection of her Brexit deal in the UK parliament by returning with an amended version to avoid the more dramatic alternatives....
November 28th, 2018 | Banking, Comment, Finance, Politics and Government, Reports | Read More

Countries victims of ‘ninja’ loans, Central bank digital currencies report

Countries victims of ‘ninja’ loans, Central bank digital currencies report
. Commentary: Countries victims of ‘ninja’ loans By Herbert Poenisch in Beijing Countries need infrastructure in much the same way that US families needed houses before the 2008 financial crisis. The ‘American dream’ was to provide everyone with their own home. Similarly, poorer...
November 27th, 2018 | Banking, Comment, Finance, Markets, Reports | Read More

We can only deduce that the BCI and by default the BDI is totally disingenuous….

We can only deduce that the BCI and by default the BDI is totally disingenuous….
John Faraclas The BDI (Baltic Dry Index) skyrocketed at 1,217 – a 124 points plus due to the Capes’ take-off. Geopolitics as we have warned you in writing – as always are at the worse ever point with dangerous development expected to take place soon. It was a very difficult but equally interesting...
November 26th, 2018 | Chartering, Comment, Dry Bulkcarriers, Insight, Markets, Reports, Shipping Indices, Trade and Commerce | Read More

ECB must address QE misallocation risk, Adapting to changing US-China relations

ECB must address QE misallocation risk, Adapting to changing US-China relations
.. Commentary: ECB must address QE misallocation risk By Frank Westermann in Osnabrück By the end of this year, the European Central Bank is expected to end its monthly net asset purchases. This raises several questions about the ECB’s reinvestment strategy and the implications for individual...
November 26th, 2018 | Banking, Comment, Events, Conferences,Forums and Symposiums, Finance, Markets, Reports, Trade and Commerce | Read More