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EU wants a price cap on its gas markets + More US economists expect recession
The EU wants to cap prices in its benchmark gas market: The European Commission will propose an emergency price cap…
El Molla calls on European DFIs to invest in EastMed energy
To solve its energy crisis, Europe should invest in EastMed, says El Molla: Gas from Eastern Mediterranean countries could help…
No schadenfreude here, but — could a US recession do EMs some good?
Struggling emerging economies should be hoping for a recession in the US if it forces the Federal Reserve to reverse…
EM bond funds see massive outflows amid risk-off wave, stronger USD
Emerging-market bond funds have seen a record USD 70 bn of outflows so far this year, with investors pulling USD…
Russia’s MIR payment system isn’t getting much traction in Turkey as US, EU tighten the screws
Uptake of Russia’s MIR isn’t looking so good: Turkish state banks are planning to stop processing transactions made with MIR…
Crunching the numbers on UK + EU energy subsidy packages + The latest in mushroom and fish-skin fashion
The cost of cushioning Europe’s energy crisis: The governments of the UK and European countries will spend a combined USD…
Record rate hike in the eurozone
ECB makes largest-ever rate hike: The European Central Bank raised interest rates by a historic 75 basis points — and…
THIS MORNING: New details on state privatization program this week + Green hydrogen regs are in the works
Good morning, friends, and welcome to the first full week of September. With just a month left in 3Q, the…
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