It’s now or never: Importers from China must act now to avoid coming price rises January 6, 2022 Last year was a difficult one for London businesses importing goods from China. Supply chain difficulties, rocketing prices for raw materials and increased shipping prices have seen the cost of doing business with Chinese suppliers shoot up. Currency fluctuations are also having a significant impact on UK buyers with the US Dollar and Chinese Yuan [...]
The three potential metaversal consequences of QEndless January 5, 2022 Dr Chris Kacher examines how the world is on a knife edge, but could a metaversal snowflake create an avalanche to tip the scales?
Ed Warner: Why 2022 is the year of the sportswash January 5, 2022 A city without snow and a state in the desert. Obvious places to hold the Winter Olympics and World Cup if you are the International Olympic Committee and football governing body Fifa. Welcome to 2022, the Year of the Sportswash. The principal outdoor venues for Beijing 2022 are – on a good day – 90 [...]
Musk under fire for opening Tesla showroom in Xinjiang January 4, 2022 Elon Musk is under fire for opening a Tesla showroom in Xinjiang, an area of China where Uighur muslims are subject to human rights abuses.
London’s billionaire home buyers market doubled last year January 4, 2022 The London market for multi-millionaire and billionaire home buyers doubled during 2021, with Russian and Chinese buyers set to inject new energy into the market this year. According to a survey from Beauchamp Estates, in 2021 there were 32 sales for London homes with price tags topping £15m, compared to 17 sales in 2020. Over [...]
Christmas flight cancellations surge amid Omicron concerns December 27, 2021 This weekend around 7,500 flights were cancelled worldwide amid concerns over the spread of the Omicron variant. According to data tracking website FlightAware, just yesterday 3,273 flights were slashed, with half of cancellations affecting US routes. Today, around 1,925 cancellations were recorded – with Chinese and US routes among the worst hit. China Eastern was [...]
TikTok beats Google for top internet hotspot December 24, 2021 Video sharing platform TikTok has beaten Google as the most popular online destination after soaring in popularity over the course of the pandemic. Fuelled by Gen Z amid social restrictions, the app has held the top position since August, after dethroning Google in February, March and June. Google came first last year, and was surrounded [...]
Market outlook for 2022 December 23, 2021 With 2021 is ending a relatively volatile fashion compared to the calm that prevailed throughout most of the year, is this a recognition of the issues that lie ahead in 2022? Inflation The ‘great reopening’ of the global economy of 2021 prompted a bout of inflation of a magnitude not seen for decades. A spiral [...]
State news agency Xinhua releases NFTs amid China crypto crackdown December 22, 2021 Chinese state media agency Xinhua has announced plans to launch a line of NFTs despite a stringent nation wide crypto ban.
European power prices reach all-time highs amid soaring wholesale gas costs December 21, 2021 European power prices have reached all-time highs of €180 per megawatt-hour(MWh), according to Morningstar’s Utilities Observer report.