The Great Debate UK

from The Great Debate:

Obama’s radical environmental strategy

January 6, 2009

John Kemp Great Debate-- John Kemp is a Reuters columnist. The opinions expressed are his own --

Most successful elected leaders must disappoint their most ardent supporters at some point, as the bright hopes of an election campaign give way to the complex realities and constraints of governing, and need to occupy and retain the political center-ground to win re-election.

from The Great Debate:

NYMEX oil benchmark again in question

December 23, 2008

John Kemp Great Debate-- John Kemp is a Reuters columnist.  The views expressed are his own --

The record differential between the front-month and more liquid second-month contracts at expiry last week once again raised pointed questions about whether the NYMEX light sweet contract is serving as a good benchmark for the global oil market, or sending misleading signals about the state of supply and demand.

from The Great Debate:

Great U.S debt engine slips into reverse

December 12, 2008

John Kemp Great Debate-- John Kemp is a Reuters columnist. The views expressed are his own --

After six decades of uninterrupted credit creation and an unprecedented era of consumption and prosperity, the credit process has come to an abrupt halt. If credit has been the locomotive of the modern economy, the third quarter of 2008 marked the point when the engine stalled and the economy began to roll back down the hill.

from The Great Debate:

In China, OPEC’s nightmare comes true

December 5, 2008

John Kemp Great Debate-- John Kemp is a Reuters columnist. The opinions expressed are his own --

China's decision to link domestic fuel prices indirectly to the international crude oil market, subject to a price cap, while hiking the consumption tax on gasoline and diesel and phasing out a variety of road tolls and other fees shows Saudi Arabia's worst fears about high prices and demand destruction are starting to come true.

from The Great Debate:

Dollar demise much exaggerated

December 2, 2008

John Kemp Great Debate-- John Kemp is a Reuters columnist. The opinions expressed are his own --

Perhaps the most surprising development over the last three months has been the surging value of the currency at the heart of the crisis. It is almost as if investors have responded to a fire alarm by running towards the source of the fire.

from The Great Debate:

Light at the end of the tunnel

November 28, 2008

John Kemp Great Debate-- John Kemp is a Reuters columnist.  The opinions expressed are his own --

After more than a year of denial, misdirected policies and a steadily worsening outlook, the past fortnight has witnessed a marked improvement. For the first time, there are reasons to be cautiously optimistic that the economy faces a recession rather than a prolonged slump, and recovery could get underway in H2 2009.