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Tag Archives: Canada
By Martin Fluck | Published: August 18, 2012
Unable to make up for the shortfall in electricity as it phases out nuclear power and boosts its dependency on wind and solar power, Germany now faces an energy crisis of its own making. It will only be a matter of time before the nuclear phase and its ‘energy revolution’ are abandoned, because jobs are now clearly threatened.
By Martin Fluck | Published: May 16, 2012
If a blizzard of awful Chinese economic data isn’t enough to convince you that China is heading into a deflationary slump and the commodity “super-cycle” is coming to an end, then the deepening crisis in the euro-zone should be. That’s because not only will a massive reduction in foreign lending by European banks hurt investment in emerging markets, but supplier economies will be hit disproportionately, as they were post-Lehman.
By Mart | Published: May 6, 2012
Here is more evidence of the global retreat from climate change policies. British Columbia, which enacted a bold set of climate change policies designed to dramatically reduce its greenhouse gas emissions five years ago, has now called for an extensive review, National Geographic reports.
By Martin Fluck | Published: September 4, 2010
As a country that earns its living exporting commodities, elevated prices have so far saved Canada from the kind of credit crunch experienced south of the border. In fact, for the last two years easy money has created a housing bubble. So, as the market begins to cool there’s growing speculation there'll be a sharp correction – and one that would deepen if China’s rapid growth slows. This may be less of a concern for Canada’s banks, protected as they are by government guaranteed mortgage insurance, than its taxpayers.