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May inflation in the US hit 8.6% (above consensus), the highest since 1981, vs 8.1% in the euro area and 2.1% in China. The main driver is the price of energy that has increased by more than 50% year to date across the energy commodity sector.
Continue ReadingThe continuation of the war and the mounting tensions between Western nations and Russia are increasing pressure on energy prices, which contributes to global inflation, while derailing economic growth in Europe in 2022.
Continue ReadingHosted by the Canadian Chamber of Commerce in Hong Kong: Join our co-founder, Rosemary Goater, in this educational and inspirational webinar where she moderates a conversation between 3 successful Canadian entrepreneurs where they discuss "The Roadmap to Investing in Hong Kong as a gateway to growth and expansion opportunities in Greater China and Asia"
Visit SiteUncertainty regarding a potential ceasefire in Ukraine, the accelerated pace of interest rate hikes (except for China), high energy prices, and Covid-related supply chain disruptions in China are the main headwinds to global economic growth.
Continue ReadingThe Russia-Ukraine war has disrupted Russian oil and natural gas exports, triggering a surge in energy prices, which will reduce the growth potential in Europe. Oil prices have increased over 50% YTD and are now above US$100/bbl.
Continue ReadingSurging energy prices: Russia’s invasion of Ukraine has disrupted Russian oil and natural gas exports, triggering a 60% increase in energy prices, which will reduce the growth potential in Europe.
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