Bloomberg (July 6)
“Donald Trump’s war against Iran may be over, but the repercussions for global monetary policy are here to stay.” In particular, “the path for central bank interest rates around the world has now shifted higher for years to come.” Forecasts for borrowing costs calculated by Bloomberg Economics (BE) “show trajectories elevated by as much as half a percentage point or more through 2028 compared with those envisaged before the war. That’s both on BE’s global gauge for rates, and its measure for advanced economies.”
Tags: 2028, Bloomberg Economics, Borrowing costs, Central bank, Elevated, Forecasts, Global, Higher, Interest rates, Iran, Monetary policy, Repercussions, Trump, War
The Atlantic (April 7)
“In his quest to make America great, President Donald Trump is withdrawing the United States from global trade. American families, companies, and investors will pay a price for this…. But the repercussions don’t end there. The tariff regime is also destroying a pillar of American global power, and it will further isolate the country at a moment when others stand ready to fill the vacuum.”
Tags: Companies, Destroying, Families, Global power, Global trade, Investors, Isolate, Price, Repercussions, Tariff regime, Trump, U.S., Vacuum, Withdrawing
New York Times (June 6)
Office building losses are starting to “pile up, and more pain is expected.” The culprits? Weak demand for office space and interest rates and other costs that are higher than in many years. “The repercussions could extend far beyond the owners of these buildings and their lenders. A sustained drop in the value of commercial real estate could sap property tax revenue” that cities depend on and “hurt restaurants and other businesses that served the companies and workers who occupied those spaces.”
Tags: Cities, Costs, CRE, Culprits, Interest rates, Lenders, Losses, Office building, Office space, Owners, Pain, Pile up, Property tax, Repercussions, Restaurants, Weak demand
Reuters (February 4)
“The global trade war is taking an unexpected turn. Beijing may ban the export of technology used to make solar panels, an industry which China dominates by controlling at least 75% of its global supply chain. That has repercussions for the West’s drive to create its own green energy industry.” Any such move is more likely “to slow, not halt” the West’s solar push. “Losing access to Chinese solar technology, such as furnaces for melting silicon, would not be an insurmountable problem.”
Tags: Ban, Beijing, China, Export, Furnaces, Global trade war, Green energy, Repercussions, Silicon, Solar panels, Solar technology, Supply chain, Technology, Unexpected, West
