Annual Forum Features Cutting-Edge Business Analytics Experts from Across the Nation usf.edu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usf.edu Daily Mail and Mail on Sunday newspapers.
by Daniel Lacalle via Mises
The Federal Reserve and European Central Bank repeat that the recent inflationary spike is “transitory.” The problem is that investors do not buy it.
Inflation is always a monetary phenomenon, and this time is not different. What central banks call transitory effects, and the impact of supply chains are not the real drivers of inflationary pressures. No one can deny certain supply shock impacts, but the correlation and extent of the increase in prices of agricultural and industrial commodities to five-year highs as well as the abrupt rise of nonreplicable goods and services to decade highs have monetary policy to blame. Injecting trillions of liquidity makes more funds chase fewer goods and the rise in the real inflation perceived by citizens is much larger than the official CPI.
Ferroglobe (GSM) Announces New Appointments and Changes to the Board of Directors streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
LONDON, May 14, 2021 (GLOBE NEWSWIRE) Ferroglobe PLC (NASDAQ:GSM) ("Ferroglobe" or the "Company"), a leading producer of silicon metal, silicon-based .
A Starlink satellite tracker service on a smartphone.Pavlo Gonchar / SOPA Images/LightRocket via Gett
Elon Musk, the 49-year-old tech entrepreneur who founded Tesla and SpaceX, is now trying to bring satellite internet service to rural regions of Spain. His Starlink company, a subsidiary of space division SpaceX, has put a battalion of satellites into low orbit to provide high-speed connections all over the world, but especially in remote areas where broadband has only partial or zero reach.
A beta test of the service is already operational in the United States, Canada and the United Kingdom, where it is being used by more than 10,000 customers. Now, Starlink is expanding into EU countries, including Spain. There was a flurry of images of perfectly aligned lights parading across the night sky on social media last week as the penultimate of 26 rockets carrying 60 satellites was launched on May 4. The last Starlink launch took place on May 9, according to Space.com.