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David Chance: Central bank groupthink brings post-Covid rate rise cycle to an end

In December 2021, the Bank of England became the first major central bank to raise interest rates, kicking off what became the fastest monetary tightening cycle the world has seen in four decades. Last week, that phase likely came to an end in Britain, Europe and the US (as well as the rest of the G10) – there’s safety in numbers and conformity, after all. ....

United Kingdom , David Chance , Cost Of Living , Philip Lane , Christine Lagarde ,

David Chance: Ireland's budget sweet spot isn't shared by indebted eurozone peers

With budget surpluses as far as the eye can see – well as far as the three-year forecasting horizon of the Department of Finance – Ireland is in a very different place from most other countries who are struggling with low growth, rising interest rates and hefty debts run up in the past decade. ....

Leo Varadkar , European Commission , David Chance , Emmanuel Macron ,

David Chance: Irish exports are fine and globalisation is not running out of steam, it's just reinventing itself

Poring over Irish economic data is likely to give you a headache these days. Nonetheless, as a small open economy that’s more dependent on trade than industrial powerhouse Germany thanks to the tiny size of domestic demand, Ireland should be a good place to answer the question as to whether globalisation is indeed on its last legs. ....

David Chance , Donald Trump ,

Ukrainian Families Reuniting in North Yorkshire

Family members have been joining their loved ones in North Yorkshire as the Homes for Ukraine Scheme continues. ....

North Yorkshire , Ukraine Scheme , David Chance , North Yorkshire Council , Executive Member , Corporate Services , Scarborough News , Whitby News , Ridlington News , Scarborough Evening News , Radio Scarborough , Adio Whitby , Adio Filey , Adio Bridlington , Yorkshire Coast , Yorkshire Coast Radio , Carborough Weather , Hitby Weather , Iley Weather , Ridlington Weather , What 039s On , Ocal Radio ,

David Chance: Geopolitics has spread like a rash – it is both a con and a dead-end theory

Geopolitics is the new buzzword in markets and in business. If sex, as British poet Philip Larkin wrote, began in 1963 then geopolitics was born in the 2020s as the US and China went head-to-head in an economic cold war, a pandemic ravaged the world, and Russia fought a hot war. ....

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