Filtered by tag: Europe

Europe's green disaster
Posted: 13 August 2013

This recent story by Benny Peiser in the Australian paints a gloomy picture for green energy investment in Europe. Peiser cites Bloomberg in stating that EU member states have spent about EUR 600 billion on renewable energy projects since 2005, and also claims that Europe’s (failed) emissions trading scheme has cost consumers more than EUR 300 billion.

Failed investments into solar power have ...

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Europe Pulls The Plug On Its Green Future
13 August 2013
As country after country abandons, curtails or reneges on once-generous support for renewable energy, Europe is beginning to realise that its green energy ...
MindBullet logo CLEANTECH BUBBLE BURSTS
'Greenbucks' in the toilet as recession bites
Dateline: 12 January 2010
In a massive shakeout, green technology start-ups the world over have taken a major dive, as the harsh realities of dealing with global recession set ...
Stimulus or austerity?
Posted: 27 April 2013

Europe embraced austerity while other countries, notably the US, opted for stimulus to pull them out of the recession. Now there is mounting evidence that austerity has failed to do the job.

This is indicative of the thinking that says the future is a matter of choices. But perhaps, given the situation in Greece and elsewhere, there was little choice but to insist on austerity, as the poor ...

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Europe in limbo as economic chiefs debate the future
27 April 2013
The European Union's focus on austerity has hit the limits of public acceptance, says the head of the trading bloc's executive arm.
MindBullet logo STOP THE WORLD, WE'RE HAVING A MIDLIFE CRISIS
The West deflates, China stagnates, and the rest of the world watches and worries
Dateline: 1 May 2040
As the 21st Century approaches middle age, prices are falling alarmingly. In real terms, everything from coal to electronics is cheaper than it was four ...
Peering into the MIST
Posted: 13 March 2013

Less than a year ago I wrote about the faltering BRICS. How growth rates were slipping, and various problems coming home to roost in each individual state. Those problems have not disappeared, and the BRICS continue to be in a state of flux right now.

Ever mindful of new investment opportunities, investors and analysts are focusing their attention on other dynamic markets, the biggest four, ...

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Assessing the Relative Merits of the BRICS and MIST Economies as Investment Destinations
13 March 2013
There has been debate about the true significance of this new cluster of noteworthy economies and specifically whether MIST countries will supplant their ...
MindBullet logo AMERICA THE BOUNTIFUL 2.0
Euphoria sets in as energy glut reignites the industrial economy
Dateline: 1 January 2020
President Hillary Rodham Clinton had tears of joy in her eyes, as she addressed the nation from the White House lawn, welcoming her fellow Americans to "a ...
Toxic air
Posted: 15 January 2013

In 2005 we wrote about how air pollution in China was not just a problem for China, but also a problem for the rest of the world, who were also partly responsible. For the 2008 Olympics, the authorities cleaned up the air in Beijing remarkably, and there were few complaints. But the Olympics were a summer event, and it's really in winter that the air becomes hazardous in Beijing. So hazardous ...

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Blackest day in Beijing
15 January 2013
ON January 12th of last year, in an article in the print edition of The Economist, we reported that the public outcry over Beijing’s atrocious air quality ...
MindBullet logo EU SUES CHINA FOR POLLUTION
Ed Fagan counts the cost of cheap industry in billions of euros
Dateline: 20 April 2009
In the largest class action suit to date, Ed Fagan is taking the Chinese Government and industry to the European Court of Justice for the damage caused by ...
Has Europe's car industry peaked?
Posted: 3 October 2012

Reading this piece from the Economist, one can't help thinking that the Paris auto show with its glitzy electric cars is a bit of a last gasp attempt to breathe life back into a declining business.

As we wrote in this MindBullet from way back, the future for Volkswagen and other European manufacturers lies elsewhere, and Volkswagen will be the first to agree! They are pinning their hopes on ...

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Bonjour tristesse
3 October 2012
DANCERS, blaring music, dozens of new vehicles—everything at the Paris Motor Show was designed to put a positive spin on the car market. But the mood among ...
MindBullet logo THE LAST VW ROLLS OFF THE WOLFSBURG PRODUCTION LINE
German economy gets to grips with the death of an industry
Dateline: 19 December 2011
Despite recent forecasts that more cars would be sold in China and India during the next twenty years than had been sold world-wide in the past hundred, it ...
Fuel from the forests
Posted: 7 June 2012

How about this source of fuel from wood pulp? Could it be the start of a new energy paradigm in Europe? Paper and pulp factories require a lot of energy to keep them functioning, but they also produce a lot of power from their own resources. It may be worthwhile to divert one of their fuel by-products to transport rather than just heating requirements, particularly if the demand for liquid ...

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Future fuel for half of Europe?
7 June 2012
Travelling 650km on a single tank is great but how about achieving this in a 44-ton truck powered by converted wood waste? With Volvo's new bio-fuel, this ...
MindBullet logo ENERGY WARS IN FULL SWING
Where's my solar power solution?
Dateline: 5 June 2016
In the last five years the world has seen ever more conflict over that basic resource, so essential to the modern industrialized economy, energy. Real wars ...
Watch out for falling BRICS
Posted: 30 May 2012

The BRICS are tumbling, and you could get bruised.

Latest economic data and opinions show that it's not all that rosy in the 'high-growth' economies. China manufacturing is in a slump, Brazil is stagnating, India faltering and South Africa's mining industry slowing.

On top of that, South Korea is faced with declining exports, as demand from Europe dries up.

What is grossly apparent is that the ...

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Slump in mining drags on growth
30 May 2012
The news came against a gloomy global backdrop. Reuters reported yesterday that “manufacturing slumped in both China and the euro zone in May, Britain is ...
MindBullet logo THE GREAT FALL OF CHINA
China's ghost cities stay empty as the artificial bubble bursts
Dateline: 8 August 2018
It was as inevitable as China's rise to the position of the most powerful economy in the world. Now it looks as though that title will return to the United ...
Euro plus minus Britain
Posted: 9 December 2011 1 Comment

It was predicted that something would have to change. Either some countries would abandon the euro, or some greater degree of integration would have to be forced on members of the Eurozone.

The UK has, wisely or unwisely, or perhaps with no real palatable option, decided to opt out of further integration, keeping Britain on the outside of a more closely integrated Europe.

Will this see a rising ...

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Europe's great divorce
9 December 2011
WE JOURNALISTS are probably too bleary-eyed after a sleepless night to understand the full significance of what has just happened in Brussels.
MindBullet logo EUROZONE SPLIT CREATES CUT-THROAT COMPETITION
'Poor euro' drifts towards US$ 1.00
Dateline: 13 July 2017
It's been just three years since the Eurozone was split into two - but today it is difficult to remember the days when one euro seemed to be enough for ...
Euromess and eurostress
Posted: 25 January 2011

This in-depth article in the New York Times highlights the fact that the financial crisis may pale in significance when compared to the euro crisis, and proposes four scenarios for dealing with the austerity choices.

We are reminded daily by events in Ireland, Spain, Portugal that this crisis will take years to resolve, and possibly change the nature of the EU before it's all worked out. I ...

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Can Europe Be Saved?
25 January 2011
THERE’S SOMETHING peculiarly apt about the fact that the current European crisis began in Greece. For Europe’s woes have all the aspects of a classical ...
MindBullet logo WHICH WAY NOW FOR EUROPE?
EU ideals crumble as countries choose limited interdependence
Dateline: 19 November 2007
Since the new EU Constitution was soundly rejected in mid-2005, countries have been trying to sketch out alternate futures around which there might be ...
The World in 2050?
Posted: 17 January 2011

Demographics count, and this survey suggests that low birth rates in countries like Italy could see a collapse of their populations by mid-century. Combined with the rise of new economic powers, this could see the 'old world' without much power or influence at all in global affairs. An interesting scenario, and one that might be countered by positive immigration laws, to bolster the ...

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Could Demographic Trends Cripple Europe by 2050?
17 January 2011
HSBC's "World in 2050" survey analyzes everything from fertility rates to education levels and the rule of law, and predicts that the world's economic ...
MindBullet logo THE THREE OLD MEN OF EUROPE CRUMBLING
EU contemplates expulsion of founding members
Dateline: 12 June 2010
Tomorrow the EU will table a proposal to jettison three of its founding members. For years Britain's Sir Tony Blair had warned that Europe was falling ...

Filtered by tag: Europe