Central Banking: The Scourge Of Civilization

Despite claims that the Federal Reserve System is a "stabilizing" force in the US economy, the truth is that the Fed is and has been the main engine of inflation for more than a century.


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China's IPO Boom Masks A Market Running On Empty

A disconnect between blockbuster listing debuts and a languishing broader market is worsening in China, signaling the absence of a fresh trading narrative that can revive a rally in the country’s equities.

Japan Power Prices Surge To Highest Since 2023

By Tsvetana Paraskova of OilPrice.com

Japan’s nationwide day-ahead electricity price soared by 20% in one week to settle on Monday at the highest level since January 2023, as gas supply disruptions from the Middle East and an intense heatwave pushed up prices and consumption.