The Week That’s Done: November 27

There’s new progress in the ex-China rare earths supply chain, but is it enough? Plus: Energy turmoil as Europe’s bans on Russian oil and diesel loom; strikes threaten US, South Korean, and UK logistics; China’s back in lockdown; Taiwan has an election surprise; and the OECD summarizes things neatly with a gloomy outlook.

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Deglobalization Round-Up: November 25

Bill Ackman calls deglobalization a long-term structural tend, The Financial Times investigates it as a necessity for future prosperity, and growing contradiction between the US and Chinese business environments underscore its inevitability. Plus: Violence at Apple's main Chinese iPhone-making plant, continued supply chain disruption, and an opportunity for Mexico.

The Week That’s Done: November 20

In the Indonesian new energy industry, the west risks financing China’s profit, and control. Plus, in factors: Enel builds a US solar panel plant; lithium stays hot; and the price cap on Russian oil nears. In markets: LNG prices resist demand, Japan’s economy shrinks, the UK does austerity – while stray missiles threaten to disrupt it all.

The Week That’s Done: October 23

Washington announces another SPR release – amid dropping US crude production, tightening Russia-China-Saudi Arabia oil nexus, and a new oil supply shock on the horizon. Plus, false flag in copper prices, Chinese infrastructure, a skittish yen, and food concerns.

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The Week That’s Done: October 16

The international market is increasingly bifurcated and in the West, the dominant theme is shortage: Aluminum crunch, refining crunch, wheat crunch, freight crunch, LNG crunch narrowly avoided – for now. Plus, in markets, inflation persists; debt risks brew among emerging economies; and Germany's trade surplus shrinks.

The Week That’s Done: October 9

OPEC explicitly snubs Washington and the West, showing that productive beats consumptive power. Also not brilliant: US monetary tightening is cooling the economy, but in all the wrong places – and that ups recession risks. Plus: Maize malaise in Europe, the Mississippi’s dry spell, a US industrial policy stumble in lithium, and plunging global FX reserves.

The Week That’s Done: October 2

Poll results show that the US public backs revoking China’s PNTR status and markets should take heed. Plus: Nord Stream sabotage, the LME considers banning Russian metals, Chinese battery and EV firms are snapping up global lithium supply, and the US needs to step up gas production.

The Week That’s Done: September 11

A deep dive into Europe’s energy crisis shows faltering industry and political fault-lines, no end in sight for Moscow’s economic warfare, and Beijing as the real winner – plus Europe intent on doubling down on its own mistakes. In markets, a weak currency could strengthen China’s hand, elsewhere it’s hikes hikes hikes, and will India join a major global bond index?

The Week That’s Done: September 4

Water crisis in Jackson hammers home the national infrastructure plight. Plus: The yen continues to slide and global bonds enter bear market territory; Pakistan and Sri Lanka secure IMF loans while Russia wreaks energy market havoc (price cap be damned); new battery plants and chip export restrictions in the US suggest industrial policy at work – but is it working?

The Week That’s Done: August 28

Moscow toys with global energy markets and LNG prices surge – with second-order consequences for Beijing’s international influence, global food supply, US inflation. Plus: Drought compounds agricultural crisis, the SPR sits at its lowest level since 1985, Japan eyes nuclear, and China launches a new wave of stimulus. And, of course, Powell says tighten your seatbelts.

The Week That’s Done: August 14

The CHIPS Act is a carrot and Manchin's EV sourcing requirements a stick: US industrial competition could be ready for a comeback - if the private sector is on board. Plus: The energy scramble continues while Turkey plays metals middleman; US inflation relaxes, but so does productivity; and China flexes its delisting muscles

The Week That’s Done: July 31

Rare movement in DC offers a glimmer of hope for industrial investment – or at least a signal to the private sector. The bad news: This challenge is above government's pay grade; recession (word choice be damned) looms, and not just in the US; everywhere from energy to grain to space, Russia is adeptly playing spoiler. Plus: scandium, tritium, fixed-price forward contracts, and more.

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The Week That’s Done: July 24

The EU's twin energy and economic crises threaten the bloc's cohesion, also political losses on those struggling to hold it together. Plus: Inflationary pressures mean no tariffs on Russian fertilizer, dumping be damned; the EV revolution strengthens China's auto hand; monkeypox is a global health emergency; and more fun fun fun.

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The Week That’s Done: July 17

Inflation hits a whopping 9.1, but if anything the supply picture is getting worse: Peloton gives up on production, Intel stalls in Ohio, the Texas grid sputters, and Biden strikes out with MBS. Plus: Europe might be headed for shut off, China is gobbling up lithium, and there’s political chaos on the horizon.

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The Week That’s Done: June 26

With the energy crisis here to stay, the White House is throwing Econ 100 to the winds; Europe on a quest for new supply; and China sitting pretty atop cheap Russian imports that promise new energy influence, and leverage over the West. Meanwhile we round out the week with economic collapse in Sri Lanka, a COVID pill in China, and a looming critical mineral shortage.

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The Week That’s Done: June 5

The EU promises that it will block most Russian oil imports maybe – all while production continues to stall and Australia offers worrying indicators of shortage ahead; plus we have European inflation, car companies as space companies, and a pyrrhic victory for the US.

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