Tea leaves you say? Sarah Palin - exponent of the Boston Tea Party - LOSER.
No need for tea leaves boyo, just tears.
Pound in biggest monthly fall against the dollar since 2016...
- Thread starter ellal
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No need for tea leaves boyo, just tears.
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It's pretty easy to read all about it - there are several factors
www.voanews.com
You may note one which is bad for them but it does explain the value increase rather well. The USA being more of a safe haven is a bit of a traditional feature however as I mentioned in another thread - the USA is likely to suffer less from Ukraine related problems.
Strengthening Dollar Presents Challenges for Global Markets
Good news for US consumers could be bad news for developing countries
www.voanews.com
You may note one which is bad for them but it does explain the value increase rather well. The USA being more of a safe haven is a bit of a traditional feature however as I mentioned in another thread - the USA is likely to suffer less from Ukraine related problems.
I spent mine on wine. 25% off at Sainsburys if you buy 6 bottles or more. Cheers.
Yen would be doing much better if Japan was in The EU.
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This explains why the yen fell - investment is one aspect
www.bloomberg.com
Seems their fuel related inflation is ~15%. This may have something to do with that but don't know how they were managing without them
As of June 2022, 10 nuclear reactors at six power stations have been given the go-ahead to restart in Japan but only 4 reactors are currently in operation. Despite local governments agreeing to restart the reactors, some have not yet become operational due to the time required to implement safety measures and complete other construction work.
Interesting that a plant has several reactors.
Why Japan's Yen Is the Weakest in 20 Years and What That Means
The yen has slipped to more than two-decade lows against the dollar largely because Japan has a different view on inflation than its global peers. The Bank of Japan stands out with its commitment to maintain rock-bottom interest rates to revive inflation on a sustainable basis (after years of...
www.bloomberg.com
Seems their fuel related inflation is ~15%. This may have something to do with that but don't know how they were managing without them
As of June 2022, 10 nuclear reactors at six power stations have been given the go-ahead to restart in Japan but only 4 reactors are currently in operation. Despite local governments agreeing to restart the reactors, some have not yet become operational due to the time required to implement safety measures and complete other construction work.
Interesting that a plant has several reactors.
You didn’t because Brexit red tape costs over £10b a yearI spent mine on wine. 25% off at Sainsburys if you buy 6 bottles or more. Cheers.
oh and then there is the £100b cost of actually doing Brexit.
Hic! Shay that again…
Are you having comprehension problems.
It seems pretty clear to me.
It cost $100bn to achieve Brexit, and it's costing £10bn a year in continuing red tape because of Brexit.
This shows some effects by comparing with an averaged 22 advanced economies. It's also an indication of the countries performance up to covid, through it and since
What can we know about the cost of Brexit so far?
The UK's GDP is 5.2 per cent smaller than a modelled ‘doppelgänger’ UK that did not leave the EU; investment is 13.7 per cent lower, and goods trade, 13.6 per cent lower. Most of those costs are down to Brexit.
It also mentions that the politicians are being rather quiet about it all.
Swings and roundabouts.So what happened in 2016?
Oh that's right...
"The last time the pound fell so much against the dollar was in October 2016, in the aftermath of the Brexit vote."
So what's happening now?
"Sterling sank again on Thursday morning, dipping below $1.16 on the currency markets.
Analysts said the fall reflects the darkening outlook for the economy, with consumers and businesses facing rising prices and soaring energy bills."
So if this is a worldwide problem, why is the UK being disproportionately badly hit?
Oh that's right, it isn't part of the largest trading bloc in the world and is thus more vulnerable...
What was the exchange rate before brexit?
I wonder how brexiteers are now spending that £108 that they paid the EU per annum without noticing?
What goes up can come down.
America is a making fortune out of flogging LNG to the Europeans at high prices.
Putin did America a favour by invading Ukraine, with the Russians excluded from the market, the Americans have the EU by the short and curlies.
Not for much longer.
The dollar as number 1 world reserve currency is in decline.
I can’t say I remember paying out any extra. Did you? How much did you contribute then and how?
Anyway, you’re based in France, aren’t you?
You're talking nonsense, as usual. How much extra did you have to pay out for the Covid relief fund?
How much extra will you have to pay out for the energy price relief fund?
Hoe much extra did you have to pay out for HS2?
How much extra did you have to pay out for the new Elizabethan line?
How much extra did you have top pay out for the two new aircraft carriers?
How much did you have to pay out for the Carbon Capture Programme?
How much did you have to pay out for the schools rebuilding programme?
How much extra did you have to pay out for the SKYNET programme?
etc, etc.
**** all.You're talking nonsense, as usual. How much extra did you have to pay out for the Covid relief fund?
How much extra will you have to pay out for the energy price relief fund?
Hoe much extra did you have to pay out for HS2?
How much extra did you have to pay out for the new Elizabethan line?
How much extra did you have top pay out for the two new aircraft carriers?
How much did you have to pay out for the Carbon Capture Programme?
How much did you have to pay out for the schools rebuilding programme?
How much extra did you have to pay out for the SKYNET programme?
etc, etc.
Again, how much did you pay and how?
LOL Well be probably do own that. Ideal candidate for privatisation. We could rent it as needed then.
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