From price inflation and Brexit rows to Evergrande and Biden v Putin: Here are the market risks to watch this year January 4, 2022 The world is a pretty turbulent and unpredictable place at the moment, with Covid variants not making life easier. From tensions between Russia and the US over Ukraine’s NATO membership to Brexit conflicts and China’s Evergrande property scandal, 2022 is set to become everything but dull. So what developments and issues could disrupt or disturb [...]
Gas prices rise for second day running as Russia cuts supplies into Europe January 4, 2022 Gas prices have surged for a second day, deepening Europe’s energy woes amid fears of a blackout this winter.
Apocalypse Never: World’s leading powers announce pledge to avoid nuclear war January 4, 2022 China, France, Russia, US and the UK have agreed a "nuclear war cannot be won and must never be fought."
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 [...]
Gazprom likely to have missed gas export targets to Europe amid deepening energy crisis January 2, 2022 Gazprom is likely to have fallen short of its natural gas export targets in Europe as wholesale costs soar to record levels amid global supply shortages.
Best of 2021: Bob Bob Ricard City reopens December 30, 2021 The more things change, the more they remain the same. In June of 2019 I was at the opening of Bob Bob Cité, the sister restaurant to Soho’s Bob Bob Ricard, which I wrote, with no little hyperbole, was the best place to eat in the City of London. It was a wildly expensive venture, [...]
Vladimir Putin threatens Russia will consider all options if West does not give security guarantees: ‘We must tell them, stop!’ December 27, 2021 If the West does not give Russia any new security guarantees, including Ukraine not joining NATO, Vladimir Putin will ponder all options, it has emerged. Earlier this month, Moscow submitted draft security documents demanding that Nato deny membership to Ukraine and other former Soviet countries and roll back its military deployments in Central and Eastern [...]
Yamal-Europe pipeline reports reverse flows for sixth day running as Europe’s energy crisis deepens December 26, 2021 The Yamal-Europe pipeline has been sending fuel eastwards for the sixth day running as fears over energy shortages this winter continue to rise.
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 [...]
HarperCollins settles with Russia’s Abramovich over ‘Putin’s People’ book December 22, 2021 HarperCollins settled a libel dispute with Russian businessman Roman Abramovich over a book about President Vladimir Putin by agreeing to amend certain passages relating to the reasons for buying Chelsea football club.