Business and Politics stories, witha few off-topics for fun and a UK focus. Nick Drew adds in with an Energy business focus.
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Watching The Lights Go Out - & Listening to Radio Chavez
Published on 2010-08-26 14:56:00
So here's an example of what happens when it all goes wrong: Venezuela, rich in energy, has been forced to adopt emergency measures (including burning oil inefficiently for power, and reducing much-needed exports as a consequence) to mitigate rolling blackouts.Chavez, of course, blames drought and a resultant fall in hydro-electricity production. However, most commentators reckon that "the shortages also reflect long-term underinvestment in energy infrastructure". Sound familiar ?Even 3rd-wo
Private Placings need review
Published on 2010-08-26 03:48:00
The new coalition government is proving to be quite a refreshing change from the recent past. With a mantra of reviewing and shrinking regulation rather than adding on the layers in the manner of the old Government though.Also populist, they seek to bash bankers where they can whilst running an macro economic policy which is designed to save the banks at the expense of all else (Labour did this too, it seems no one has the courage even in power to challenge the economic consensus).Well, there is
A Cauldron Boiling. Thunder. Enter the 3 Witches.
Published on 2010-08-25 00:04:00
Here at Schloss C@W, we've been anticipating autumn for some while, and what will happen when everyone gets back from their holidays. It won't all be good -... powerful trouble / like a hell-broth, boil and bubbleHmm, mustn't get carried away. Long-term readers of this blog (Sid and Doris Bankers ?) will know my views on dominos - they fall slowly, and another of them is rocking gently. Yes, S&P have downgraded Ireland again."we believe that the government’s support of the banking secto
