Podcast appearances and mentions of javier blas

Just beneath the surface of the global economy, there is a hidden layer of dealmakers for whom war, chaos, and sanctions can be a great business opportunity. Javier Blas and Jack Farchy, the authors of The World for Sale, help us shine a light on the shadowy realm of commodity traders. SOURCES:Javier Blas, opinion columnist at Bloomberg News.Jack Farchy, energy and commodities senior reporter at Bloomberg News. RESOURCES:The World For Sale: Money, Power, and the Traders Who Barter the Earth's Resources, by Javier Blas and Jack Farchy (2021)The King of Oil: The Secret Lives of Marc Rich, by Daniel Ammann (2010). EXTRAS:"How the Supermarket Helped America Win the Cold War (Update)" by Freakonomics Radio (2024)."The First Great American Industry," by Freakonomics Radio (2023).

Last week, energy industry leaders gathered in Houston for CERAWeek by S&P Global, one of the most important annual industry events focusing on the current state of energy markets, policy, and technology. This year's conference took place against a backdrop of shifting global energy dynamics — declining oil prices, the Trump administration's "drill baby drill" agenda, growing concerns about energy security, geopolitical tensions, and ongoing debates about the pace and direction of the energy transition. So what were the week's key takeaways? How are energy leaders reacting to a second Trump administration? And what does the future of global energy markets look like? This week host Jason Bordoff talks with two energy reporters — Bloomberg's Javier Blas and Axios's Ben Geman — about their takeaways from CERAWeek and what they heard on and off stage. Javier is an opinion columnist for Bloomberg, covering energy and commodities. He was previously at the Financial Times where he held various positions including roles as the Africa editor and the commodities editor. Ben is an energy and climate reporter at Axios. He is the co-author of the daily Axios Generate newsletter and covers the world of energy business and policy. He previously covered these topics for National Journal, The Hill, and E&E News. Credits: Hosted by Jason Bordoff and Bill Loveless. Produced by Erin Hardick, Mary Catherine O'Connor, Caroline Pitman, and Kyu Lee. Engineering by Sean Marquand. Stephen Lacey is executive producer.

E110 The Fifth CourtDSBA Podcast of the YearBrendan Slattery, Head of Environment and Planning, McCann FitzGerald solrs. talks to our interlocutors, Peter Leonard, BL, and Mark Tottenham, BL, about the new Planning Act (all 900 pages of it). As Peter says, what Brendan doesn't know about planning law isn't worth knowing. And, as always, there's a back story. He was once a goat farmer.You'll also hear about Elvis Presley's connections with Wicklow.His choice of book is The World for Sale by Javier Blas & Jack Farchy and for a movie he recommends A Complete Unknown, the movie about Bob Dylan. Hosted on Acast. See acast.com/privacy for more information.

Analizamos el mundo de las materias primas con el colaborador de Bloomberg, Javier Blas.

Les relations diplomatiques entre Donald Trump et Xi Jinping et leurs politiques respectives auront un impact déterminant sur les cours du pétrole, des céréales ou encore de certains métaux de base en 2025. Et pour rajouter une dose d'inconnu, le climat pourrait encore cette année jouer les trouble-fêtes. « 2025 s'annonce terriblement floue » pour Javier Blas, chroniqueur spécialisé dans les matières premières au sein de l'agence de presse Bloomberg. Plus que jamais, explique-t-il, prédire les prix des matières premières cette année revient à prévoir les choix politiques. Les premiers sont ceux qui seront opérés par Donald Trump, avec, pour commencer, sa nouvelle politique douanière, notamment sur les produits chinois. Si la Chine vend moins de produits manufacturés aux États-Unis, le marché des métaux de base qui entrent dans leur composition pourrait être impacté tout comme les pays qui les produisent. La Chine ne sera pas la seule perdante, explique une étude du cabinet de Global Sovereign Advisory. À lire aussiÉtats-Unis: Trump menace les Brics de droits de douane «à 100%» s'ils sapent la domination du dollarLe soja américain dans l'œil du cycloneLes marchés agricoles sont aussi au cœur de la nouvelle guerre commerciale annoncée par Donald Trump. Lors de sa dernière présidence, la hausse des taxes américaines sur les importations chinoises (panneaux solaires, acier, aluminium) avaient conduit la Chine à se détourner du soja américain. C'est encore la crainte aujourd'hui.L'empire du Milieu pourrait aussi bouder le maïs américain et se fournir un peu plus au Brésil. Mais le destin du grain jaune « made in USA »  sera probablement scellé par la politique du nouveau maître de la Maison Blanche sur les agrocarburants : aujourd'hui, plus d'un tiers de la production américaine est convertie en bioéthanol. Si le curseur bouge, c'est l'offre en maïs et son prix qui seront impactés.Le pétrole américain, l'épine de l'Opep+Sur les marchés du pétrole, c'est la stratégie énergétique de Donald Trump que l'on surveille. Son scepticisme vis-à-vis du changement climatique et sa volonté d'augmenter la production américaine de brut pourraient renforcer l'offre sur le marché et donc faire baisser les prix. À lire aussiÉtats-Unis: le président élu Donald Trump veut libérer les énergies fossilesCette politique américaine pourrait finir par mettre à mal la cohésion des pays de l'Opep+ qui s'efforcent depuis des mois, et non sans division, de restreindre leur production pour éviter que les cours ne s'effondrent.La politique ne fait pas tout, le prix mondial des céréales sera évidemment aussi influencé par la météo : 2024 a été marqué par un retour de « l'angoisse climatique comme facteur déterminant du marché », explique Gautier le Molgat, PDG d'Argus Media France. On peut citer les immenses dégâts sur la production de blé en France, premier exportateur européen, l'impact sur la récolte de café robusta au Vietnam et arabica au Brésil. C'est encore aujourd'hui la crainte d'une météo défavorable en Afrique de l'Ouest qui tire à nouveau les prix du cacao vers le haut.À lire aussiCroissance toujours chancelante de la demande en pétrole en 2025

La energía, la tecnología y el poder siempre han ido de la mano. Desde el inicio de los tiempos el ser humano ha necesitado fuentes de energía para desarrollarse. Desde el control del fuego uso del vapor o la creación del motor de combustión. La energía ha sido central en el desarrollo de las civilizaciones y en la geopolítica mundial. Quien controlara la energía de cada momento se convertía en la gran potencia. ¿Hacia dónde va la energía del futuro? ¿Quién la controlará? Este episodio está patrocinado por Moeve. Libros recomendados: "Energía y civilización. Una historia" - Vaclav Smil "Armas, gérmenes y acero" - Jared Diamond "El mundo está en venta" - Javier Blas y Jack Farchy

Escalating tensions between Israel and Iran, the world's seventh-largest producer of crude oil, have fueled concern over oil price volatility for the past few weeks.  But the oil market isn't reacting to geopolitical tensions in the Middle East as dramatically as it has in the past. Despite an ongoing war in Gaza and Israel, Israel's attack on Hezbollah, and attacks by Houthis in the Red Sea, the price of oil hasn't changed much. China's slowing economy and the U.S.' increased domestic production of oil seem to be keeping prices down… at least for now.  Still, renewed fighting between Israel and Iran has oil markets feeling nervous. A regional war could drive up prices, impacting the global economy.  In an interview recorded yesterday, host Jason Bordoff talks with Helima Croft and Javier Blas about the current state of oil markets, and how global instability could impact their future.  Helima is a managing director and head of global commodity strategy and Middle East and North Africa research at RBC Capital Markets. Helima joined RBC Capital Markets from Barclays, where she was a managing director and head of North American commodities research.  Javier is an opinion columnist for Bloomberg covering energy and commodities. Javier is coauthor of  the 2021 book “The World for Sale: Money, Power and the Traders Who Barter the Earth's Resources.”

In this episode, we had the pleasure of sitting down with Javier Blas, a distinguished energy and commodities columnist at Bloomberg and the co-author of the acclaimed book The World for Sale. Javier takes us through his fascinating and unexpected journey into the world of commodity journalism, beginning with his early interest in the Middle East and leading to his extensive coverage of the oil market. Over the years, Javier has become a prominent voice in the field of commodities. During our conversation, he delves into the inspiration behind writing The World for Sale, a book that aims to shed light on the crucial yet often shadowy world of commodity trading—a sector that plays a pivotal role in the global economy.

On this week's episode of In the City, Senior Executive Editor Will Kennedy and Bloomberg Opinion columnist Javier Blas join to discuss the takeover bid that's set the mining industry alight. We're talking about BHP's offer for Anglo American—how the offer came together, what happens next and what it means for the future of FTSE. See omnystudio.com/listener for privacy information.

Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio. In this episode, we feature conversations with James Steel and Javier Blas. Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACFSee omnystudio.com/listener for privacy information.

Il prezzo del cacao è aumentato a dismisura negli ultimi mesi, e a Globo vogliamo raccontare l'enorme mercato, le storture e i paesi che sono coinvolti nella produzione delle nostre tavolette di cioccolato. Con Sissi Bellomo, giornalista del Sole 24 Ore esperta di materie prime. Questo e gli altri podcast gratuiti del Post sono possibili grazie a chi si abbona al Post e ne sostiene il lavoro. Se vuoi fare la tua parte, abbonati al Post. I consigli di Sissi Bellomo – Il film e il libro di “Fragola e cioccolato” – Il film “Chocolat” – Il profilo su X di Javier Blas, giornalista di Bloomberg Gli articoli di Sissi Bellomo – II cacao ora corre più del Bitcoin e vale più del rame  – Dai campi alle fabbriche di cioccolata, perché nessuno brinda ai record del cacao  La crisi del cacao sul Post – Il cacao costa sempre di più – Perché il cioccolato diventa biancastro?  Learn more about your ad choices. Visit megaphone.fm/adchoices

The cost of cocoa beans has surged to a record $10,000 per metric ton. That's expected to make chocolate more expensive for millions of confectionary fans around the world. But why have prices more than doubled in the past few months alone? And what could halt the surge? We speak with Bloomberg Opinion columnist and Odd Lots favorite Javier Blas. He describes how a combination of chronic underinvestment in cocoa supply has run head first into financial markets to squeeze prices higher.See omnystudio.com/listener for privacy information.

To limit global warming to 1.5°C above pre-industrial levels, emissions should already be decreasing and need to be cut by almost half by 2030. Although this target is just six years away, fossil fuels experienced continued demand and revenue growth in 2023.  At CERAWeek by S&P Global, one of the world's largest annual energy conferences, the energy transition is at the forefront of conversations. But energy security and different pathways to net-zero goals is also the theme of the conference, and many companies are recommitting to their traditional oil and gas businesses even as they invest more in clean energy.  How do we navigate the path to a clean energy future? What is the outlook for energy prices and markets? What impact will today's geopolitical challenges have on the transition? And what effects will the many elections around the world have on the energy sector? This week host Jason Bordoff is at CERAWeek talking with Javier Blas about the path to a clean energy future.  Javier is an opinion columnist for Bloomberg covering energy and commodities. He was previously at the Financial Times, where he held various positions, including his roles as the Africa editor and the commodities editor. Javier is a coauthor of the book The World for Sale: Money, Power and the Traders Who Barter the Earth's Resources released in 2021.

In the early 2010s, US shale players were producing oil like crazy, with no concerns about profitability. Then the legs were kicked out from the industry, causing a massive bust and massive oversupply. In 2021 and 2022, it looked like a very different story. Oil prices were surging and it seemed as though US players had found religion, learning how to maintain production discipline and improve profitability. But now we're in a new era that nobody saw coming: US oil production is booming. In in fact, it's at a record high. What's more, industry participants are actually making money at the same time. So how did they do it? And how did the prognosticators get things wrong? On this episode of the podcast, we speak with Bloomberg Opinion columnist and commodity specialist Javier Blas. We discuss the state of US supply and what it means for OPEC. We also talk about the rising tension in the Red Sea, as well as his reporting on the rise of electronic electricity trading in the European market.See omnystudio.com/listener for privacy information.

En "El consulado", Aitor Caminero ha invitado de nuevo al periodista Javier Blas, coautor, junto a Jack Farchy, del libro El mundo está en venta. La cara oculta del negocio de las materias primas (Ed. Península). Escuchar audio

Nuestro poeta, Mario Obrero, ha decidido que "Lo que toca" hoy es hablar de la presencia de los erizos en la poesía. Después, en "El consulado", Aitor Caminero ha invitado de nuevo al periodista Javier Blas, coautor, junto a Jack Farchy, del libro El mundo está en venta. La cara oculta del negocio de las materias primas (Ed. Península). Y ya es miércoles y seguimos descubriendo "La playlist de Maika Makovski". Esta semana, una lista de músicos jóvenes que escriben, producen o graban discos a sus ídolos: Thunder On The Mountain (producida por Jack White) de Wanda Jackson, Don’t Knock (producida por Jeff Tweedy) de Mavis Staples, Gardenia (producida por Josh Homme) de Iggy Pop, Please Forgive My Heart (producida por Damon Albarn) de Bobby Womack, My Friends Have (escrita y producida por PJ Harvey) de Marianne Faithful y The Mercy Eat (producida por Rick Rubin) de Johnny Cash. Escuchar audio

“We rarely think about chips, yet they've created the modern world,” writes the historian Chris Miller.He's not exaggerating. Semiconductors power everything from our phones and computers to cars, planes, advanced military equipment, and A.I. systems. Chips are the foundation of modern economic prosperity, military strength and geopolitical power.This conversation with Chris Miller, author of “Chip War: The Fight for the World's Most Critical Technology,” was recorded back in April. But we wanted to re-air it, because what Miller lays out in that book, and in this conversation, is essential to understanding where we are in 2023, and the faultlines that will shape the world ahead. Because semiconductors have  one of the most concentrated supply chains of any technology today. One Taiwanese company, TSMC, produces around 90 percent of the most advanced chips. A single Dutch firm, ASML, produces all of the world's EUV lithography machines, which are essential to produce leading-edge chips. The entire industry is built like this.That doesn't just make the chip supply chain vulnerable to external shocks; it also makes it easily weaponizable by the powers that control it. In 2022, the Biden administration banned exports of advanced chips — and the equipment needed to produce those chips — to China, and then further tightened those rules this October. In August 2022, President Biden signed into law the bipartisan CHIPS and Science Act, which includes a $52 billion investment to on-shore U.S. chip manufacturing. China has invested tens of billions of dollars over the past decade to build a domestic semiconductor industry of its own. Chips have become to the geopolitics of the 21st century what oil was to the geopolitics of the 20th.In this conversation, Miller talks me through what semiconductors are, why they matter and how they are shaping everything from U.S.-China relations and the Russia-Ukraine war to the Biden policy agenda and the future of A.I.Mentioned:“The Problem With Everything-Bagel Liberalism” by Ezra KleinBook Recommendations:The World For Sale by Javier Blas and Jack FarchyNexus by Jonathan Reed WinklerPrestige, Manipulation and Coercion by Joseph TorigianThoughts? Guest suggestions? Email us at ezrakleinshow@nytimes.com.You can find transcripts (posted midday) and more episodes of “The Ezra Klein Show” at nytimes.com/ezra-klein-podcast, and you can find Ezra on Twitter @ezraklein. Book recommendations from all our guests are listed at https://www.nytimes.com/article/ezra-klein-show-book-recs.“The Ezra Klein Show” is produced by Annie Galvin, Emefa Agawu, Jeff Geld, Rogé Karma and Kristin Lin. Fact-checking by Michelle Harris. Mixing by Jeff Geld. Original music by Isaac Jones. Audience strategy by Shannon Busta. The executive producer of New York Times Opinion Audio is Annie-Rose Strasser. Special thanks to Pat McCusker and Kristina Samulewski.

Nuestro poeta, Mario Obrero, ha decidido que "Lo que toca" hoy es hablar de azar. Azar para ir escogiendo libros. Después, en "El consulado", Aitor Caminero ha invitado al periodista económico Javier Blas, coautor, junto a Jack Farchy, del libro El mundo está en venta. La cara oculta del negocio de las materias primas (Ed. Península). Y ya es miércoles y seguimos descubriendo más canciones de "La playlist de Maika Makovski". Esta semana, temas que comparten artistas que se quieren: Jackson (Johnny Cash & June Carter), Bonnie & Clyde (Serge Gainsbourg & Brigitte Bardot), Your Long Journey (Doc Watson Family), Handle With Care (The Traveling Wilburys), Something Stupid (Nancy Sinatra & Frank Sinatra) y Good For Nothing (Marlene Dietrich & Rosemary Clooney). Escuchar audio

Mikael Skov is Co-Founder and CEO of Hafnia. Mikael has more than 33 years of experience in the shipping industry. Prior to establishing Hafnia Tankers, Mikael held various positions over his 25-year career at Torm, of which the last two years he served as CEO. Mikael is a board member of Clipper Group Ltd. and was an industry representative of the Danish Maritime Strategy Team established by the Ministry of Industry, Business and Financial Affairs.00:00 - Norway00:30 - Why is Denmark great at shipping?01:40 - Mikael's time at TORM, and key lessons04:25 - Why start Hafnia Tankers?08:22 - Don't lose money on your first deal10:40 - Why did Hafnia become a huge success?13:50 - Flexible versus scale in shipping15:00 - How does the tanker market work?22:00 - How long will the rates be strong?24:25 - The biggest moat you can get in shipping29:10 - What's the Hafnia culture?32:40 - Founder versus CEO role35:15 - How to transition shipping to green solutions?41:20 - Biggest stories in shipping (China, Taiwan, New Trade Routes)43:30 - Mikael's book tips (Red Notice by Bill Browder and The World For Sale by Javier Blas)45:00 - Career and life adviceFollow Mikael Skov and HafniaMikael's LinkedIn: rb.gy/86lysHafnia: https://hafniabw.com/Books Recommended: https://www.amazon.com/World-Sale-Javier-Blas/dp/0190078952https://www.amazon.com/Red-Notice-Bill-Browder-audiobook/dp/B00T567KIAPartnership, recruitment & Ad enquiries?For business and partnerships enquiries email christopher@bynorthernnorway.com or use the contact form at www.christophervonheim.comFollow Vonheim on X / Twitter and YouTube:YouTube: Christopher VonheimX / Twitter: @chrisvonheimDisclaimerAll opinions expressed by Christopher Vonheim or his guests on this show are only their opinions and do not reflect the opinions of Vonheim. You should not treat any opinion expressed by Christopher Vonheim as a specific reason to invest or follow a particular strategy, but only as an expression of his opinion. This Show is for informational purposes only. Hosted on Acast. See acast.com/privacy for more information.

Sarah Hunt, Alpine Saxon Woods, Chief Market Strategist weighs in on what the UAW strike could mean for the share price of the big 3 automakers. Henrietta Treyz, Veda Partners Economic Policy Research Director weighs in on the UAW strike and says she does not think there will be another auto industry bailout. RJ Gallo, Federated Hermes Sr. Portfolio Manager says fixed income investors should extend duration over the next 12-24 months. Geetha Ranganathan, Bloomberg Intelligence US Media Analyst discusses the outlook for Disney after the company announced that it expects to fall tens of millions of subscribers short of its 2024 target for Disney+. Javier Blas, Bloomberg Opinion Columnist discusses rising oil prices around the world. Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

The biggest threat to Vladimir Putin's grip on Russia in his almost quarter-century of rule has huge implications for the oil market. But dissecting the precise impact of last weekend's mercenary mutiny is difficult, according to Bloomberg Opinion columnist Javier Blas. On this week's In the City, Blas explains the bearish case and the bullish case. He also on his conversations with the central banking community in Sintra, Portugal at the ECB Forum. See omnystudio.com/listener for privacy information.

On this episode of the Energy Security Cubed Podcast, Kelly Ogle talks with CGAI Fellow Eric Miller about his recent paper for the Canadian Chamber of Commerce, "Canada and Global Energy Security: The Role of Natural Gas in a Lower Carbon Future". Find Eric's paper here: https://chamber.ca/news/canada-and-global-energy-security-the-role-of-natural-gas-in-a-lower-carbon-future/ Guest Bio: - Eric Miller is a CGAI Fellow, President and CEO of Rideau Potomac Strategy Group, a Global Fellow at the Woodrow Wilson Center, and a Fellow with the Canadian Chamber of Commerce's Future of Business Centre. Host Bio: - Kelly Ogle is the CEO of the Canadian Global Affairs Institute Reading Recommendations - "The First Muslim: The Story of Muhammad", by Lesley Hazleton: https://www.amazon.ca/First-Muslim-Story-Muhammad/dp/1594632308 - "The World for Sale: Money, Power, and the Traders Who Barter the Earth's Resources", by Javier Blas and Jack Farchy: https://www.amazon.ca/World-Sale-Javier-Blas/dp/0190078952 Interview recording Date: April 21, 2023 Energy Security Cubed is part of the CGAI Podcast Network. Follow the Canadian Global Affairs Institute on Facebook, Twitter (@CAGlobalAffairs), or on LinkedIn. Head over to our website at www.cgai.ca for more commentary. Produced by Joe Calnan. Music credits to Drew Phillips.

Today we're bringing you an episode on chips. No, not potato chips. Kevin has been pitching an episode on the truly fascinating world of chips and semiconductors for quite a while, but our friends at the The Ezra Klein Show got to it first. This week on Hard Fork: Ezra Klein's engrossing conversation with historian Chris Miller. It's a must listen. Thank you to Ezra for beating us in our quest for a great chips episode.We'll be back with our regularly scheduled tech coverage, with Kevin and Casey next week.Additional reading: “The Problem With Everything-Bagel Liberalism” by Ezra KleinBook Recommendations:The World For Sale by Javier Blas and Jack Farchy; Nexus by Jonathan Reed Winkler; Prestige, Manipulation and Coercion by Joseph Torigian

Vanuit – voor één keer – Remco's keuken, in Amsterdam, een nieuwe aflevering van Blik op Olie en Gas, met onafhankelijk energieanalist Jilles van den Beukel en Remco de Boer. - tweet Javier Blas https://twitter.com/JavierBlas/status/1643267338894974976 - Jilles presentatie TU Eindhoven: https://www.youtube.com/watch?v=XqXEEt9jxvg - Verkoop Shell Sakhalin2 aan Novatek https://jpt.spe.org/novatek-eyes-sakhalin-2-stake-as-kremlin-agrees-scheme-to-pay-shell-1-21-billion - Contourennota aanpassing Mijnbouwwet https://www.rijksoverheid.nl/documenten/kamerstukken/2023/01/20/contourennota-aanpassing-mijnbouwwet - Documentaire over stikstofinjectie Groningen https://www.ommelander.info/nieuws/algemeen/61169/documentaire-over-stikstofinjectie-als-oplossing-voor-aardbev

In this Episode: Market Summary: S&P, US Bonds, Oil Petrodollar vs Eurodollar framework of US reserve currency status Likelihood of De-dollarization Being prepared, whether or not USD stays the WRC Economic impacts - would this necessarily lead to rapid inflation? Growthpoint Properties (Johannesburg Stock Exchange) Get the charts: https://thelakestreetreview.com/chartbook Relevant LSR articles:  Growthpoint Properties https://www.thelakestreetreview.com/post/growthpoint-properties-instills-investors-confidence Kenyan President Advises to Abandon US Dollar https://www.thelakestreetreview.com/post/kenyan-president-advise-africans-to-abandon-the-us-dollar Chinese Yuan Threatens Dollar Dominance https://www.thelakestreetreview.com/post/the-chinese-yuan-threatens-the-dominance-of-the-u-s-dollar Sources and Articles Mentioned in the Conversation: Correction on Oil price: 200 day moving average was not breached, the 50 and 100 day moving averages were. Zimbabwe land reform https://www.cato.org/commentary/why-mugabes-land-reforms-were-so-disastrous (Libertarian leaning) Largest African oil exporters https://www.statista.com/statistics/1178514/main-oil-producing-countries-in-africa/#:~:text=Nigeria%20was%20the%20leading%20oil,above%2050%20million%20metric%20tons. Obama Admin and Libya https://www.cato.org/commentary/obama-administration-wrecked-libya-generation Xi Jinping visit to Riyadh  https://www.theguardian.com/world/2022/dec/07/saudi-arabia-readies-full-state-pageantry-for-xi-jinping-visit Javier Blas twitter https://twitter.com/JavierBlas Petrodollar - FDR and Ibn Saud Valentine's Day Meeting https://www.rfi.fr/en/international/20220715-roosevelt-and-ibn-saud-built-groundwork-for-current-world-order-on-a-boat Petrodollar - 1970s https://greatpowerrelations.com/great-powers/status-of-great-powers/key-drivers-of-economic-capabilities/dollar-and-de-dollarization/birth-of-petrodollar/ Saudi Arabia agrees to use dollar oil revenues to buy US debt - "petrodollar recycling" in 1974 https://www.bloomberg.com/news/features/2016-05-30/the-untold-story-behind-saudi-arabia-s-41-year-u-s-debt-secret Note: we cannot find a single primary source showing an agreement made in the 40s or the 70s whereby middle east oil exporters would exclusively sell oil in dollars. Every finance article on the subject pegs implementation of the system at 1974, when the "petrodollar recycling" agreement was made. However this agreement was not centered on what currency oil would be traded in, nor did it involve the rest of what is now OPEC. It was a bilateral agreement regarding the oil trade between the US and Saudi Arabia only. It governed what Saudi Arabia would do with the dollars received from oil sales to the US. Under the 1974 agreement, the Saudi government would invest excesses from oil sales in US Treasury bonds in exchange for military defense. Use of the dollar as the currency of exchange in international trade had already become commonplace in the two decades leading up to 1974.  Brief history of the Eurodollar System https://www.stlouisfed.org/on-the-economy/2022/january/bretton-woods-growth-eurodollar-market Econtalk - How Argentinians deal with inflation https://www.econtalk.org/devon-zuegel-on-inflation-argentina-and-crypto/ Currency debasement in Egypt's Ptolemaic Dynasty (began under Ptolemy I circa 300 BC) Correction: Silver and bronze currencies were debased, copper was not used. https://www.worldhistory.org/article/1256/the-economy-of-ptolemaic-egypt/   Continental inflation (War of Independence) https://www.aier.org/article/not-worth-a-continental/ Fund manager Mark Mobius can't get capital out of China https://www.cnn.com/2023/03/06/business/mark-mobius-china-capital-controls/index.html#:~:text=Shanghai%20Mark%20Mobius%20has%20said,t%20take%20my%20money%20out.   Investor relations - Growthpoint properties https://www.growthpoint.co.za/investor-relations/

“We rarely think about chips, yet they've created the modern world,” writes the historian Chris Miller.He's not exaggerating. Semiconductors don't just power our phones and computers; they also enable our cars, planes and home appliances to function. They are essential to everything from developing advanced military equipment to training artificial intelligence systems. Chips are the foundation of modern economic prosperity, military strength and geopolitical power.But semiconductors are also part of one of the most concentrated supply chains of any technology today. One Taiwanese company, TSMC, produces 90 percent of the most advanced chips. A single Dutch firm, ASML, produces all of the world's EUV lithography machines, which are essential to produce leading-edge chips. The entire industry is built like this.That doesn't just make the chip supply chain vulnerable to external shocks; it also makes it easily weaponizable by the powers that control it. In October, the Biden administration banned exports of advanced chips — and the equipment needed to produce those chips — to China. In August, President Biden signed into law the bipartisan CHIPS and Science Act, which includes a $52 billion investment to on-shore U.S. chip manufacturing. China has invested tens of billions of dollars over the past decade to build a domestic semiconductor industry of its own. Chips have become to the geopolitics of the 21st century what oil was to the geopolitics of the 20th.There is no better or more timely explanation of the semiconductor industry — and the geopolitics that have formed around them — than Miller's new book, “Chip War: The Fight for the World's Most Critical Technology.” So I asked him on the show to talk me through what semiconductors are, why they matter and how they are shaping everything from U.S.-China relations and the Russia-Ukraine war to the Biden policy agenda and the future of A.I.Mentioned:“The Problem With Everything-Bagel Liberalism” by Ezra KleinBook Recommendations:The World For Sale by Javier Blas and Jack FarchyNexus by Jonathan Reed WinklerPrestige, Manipulation and Coercion by Joseph TorigianThoughts? Guest suggestions? Email us at ezrakleinshow@nytimes.com.You can find transcripts (posted midday) and more episodes of “The Ezra Klein Show” at nytimes.com/ezra-klein-podcast, and you can find Ezra on Twitter @ezraklein. Book recommendations from all our guests are listed at https://www.nytimes.com/article/ezra-klein-show-book-recs.“The Ezra Klein Show” is produced by Annie Galvin, Emefa Agawu, Jeff Geld, Rogé Karma and Kristin Lin. Fact-checking by Michelle Harris. Mixing by Jeff Geld. Original music by Isaac Jones. Audience strategy by Shannon Busta. The executive producer of New York Times Opinion Audio is Annie-Rose Strasser. Special thanks to Pat McCusker and Kristina Samulewski.

In 2006, venture capitalists poured billions into clean energy technologies during Cleantech 1.0, only to lose half of the investments over the next five years.  The climate tech investing space has since rebounded and become one of the most popular investment sectors, and new incentives show an exciting opportunity for extended growth over the next few years.Meera Clark is a principal at Redpoint Ventures, where she is passionate about the climate tech, consumer, and infrastructure sectors. She has been featured in Forbes 30 Under 30 List for Venture Capital, Business Insider's 55 Rising-Star VCs of 2021, and Venture Forward Women. Meera previously worked at Morgan Stanley's Multicultural Innovation Lab, Morgan Stanley's tech investment banking group, and as a principal at Obvious Ventures. In this episode, Catherine and Meera talk about the trajectory of Meera's career, her thoughts on upcoming market shifts in 2023 and 2024, how consumer shifts are affecting businesses, the climate tech investing space, and much more.Topics include:- Her untraditional upbringing and its effect on her career- The importance of a strong support system- Thoughts on the economy and market for the next 12-24 months- Upcoming IPO market shifts- How consumer shifts are offering new opportunities for businesses- The climate tech investing space- Building an all-star cap table- And more…Meera Clark is a principal at Redpoint Ventures. She has been featured in Forbes 30 Under 30 List for Venture Capital, Business Insider's 55 Rising-Star VCs of 2021, and Venture Forward Women. After graduating from Stanford, Meera accelerated her career at Morgan Stanley's Multicultural Innovation Lab and within its tech investment banking group. She later became a principal at Obvious Ventures, where she worked on 12 of the company's 30 investments from its $272 million third fund, sourcing four investments and serving as a board observer for three others. She also serves as a member of the Steering Committee for the Annual Summit of All Raise.Resources Mentioned:The Grid, by Gretchen Bakke: https://www.amazon.com/Grid-Fraying-Between-Americans-Energy-ebook/dp/B01DM9Q6CQ Taming the Sun, by Varun Sivaram: https://www.amazon.com/Taming-Sun-Innovations-Harness-Energy-ebook/dp/B08BT1SM11 The World for Sale, by Javier Blas and Jack Farchy: https://www.amazon.com/World-Sale-Traders-Barter-Resources-ebook/dp/B08TMTG4CT The New Map, by Daniel Yergin: https://www.amazon.com/New-Map-Energy-Climate-Nations-ebook/dp/B084GDG8DG MCJ Collective: https://www.mcjcollective.com/ 

Javier Blas, Energy and Commodities Columnist at Bloomberg, explains the impact of unseasonable temperatures on European wholesale gas prices.

“From the U.S. Federal Reserve's initial misjudgment that inflation would be ‘transitory' to the current consensus that a probable U.S. recession will be ‘short and shallow,' there has been a strong tendency to see economic challenges as both temporary and quickly reversible,” writes the economist Mohamed El-Erian. “But rather than one more turn of the economic wheel, the world may be experiencing major structural and secular changes that will outlast the current business cycle.”There are few people who understand financial markets or central banking as deeply as El-Erian. He is the chief economic adviser at Allianz, the president of Queens' College, Cambridge, and the author of multiple books, including, most recently, “The Only Game in Town: Central Banks, Instability and Recovering From Another Collapse.” Until 2014, he was the C.E.O. of PIMCO — which under his leadership was the largest bond manager in the world.In recent years, markets have been roiled by significant shocks — from a global pandemic that snarled supply chains and disrupted labor markets to a Russian invasion of Ukraine that sent global commodities markets into a tailspin. But El-Erian believes we're also witnessing a deeper structural shift in the very nature of the global economy. Economic policymakers today are trying to bring the economy back to that of 2019, but in El-Erian's view, there is no going back. We've entered a new era that demands a different kind of response.So I invited El-Erian on the show to help me understand the economic era he thinks we're entering and how policymakers can respond. We discuss whether the United States is experiencing a permanent decline in labor force participation, why modern supply chains could continue to experience difficulties well beyond the pandemic, how changing U.S.-China relations could unleash inflationary pressures throughout the world, how the Fed's efforts to stabilize financial markets may have ironically opened the door to the financial collapse, why El-Erian believes a decade-plus of easy money was a colossal mistake, what lessons developing countries learned from the 2008 financial crisis, the parts of the global financial system most at risk of melting down today, El-Erian's scathing critique of the Fed's communication strategy and more.Mentioned:“Not Just Another Recession” by Mohamed El-ErianThe Only Game in Town by Mohamed El-ErianBook Recommendations:Invisible Women by Caroline Criado PerezBad Blood by John CarreyrouThe World For Sale by Javier Blas and Jack FarchyThoughts? Email us at ezrakleinshow@nytimes.com. (And if you're reaching out to recommend a guest, please write  “Guest Suggestion” in the subject line.)You can find transcripts (posted midday) and more episodes of “The Ezra Klein Show” at nytimes.com/ezra-klein-podcast, and you can find Ezra on Twitter @ezraklein. Book recommendations from all our guests are listed at https://www.nytimes.com/article/ezra-klein-show-book-recs.“The Ezra Klein Show” is produced by Emefa Agawu, Annie Galvin, Jeff Geld, Rogé Karma and Kristin Lin. Fact-checking by Michelle Harris and Mary Marge Locker. Original music by Isaac Jones. Mixing by Jeff Geld. Audience strategy by Shannon Busta.

Europe might just avoid what had been a widely predicted, Kremlin-induced energy crisis this winter, thanks to a surprisingly large stock of natural gas. But are the continent's efforts to conserve giving a bah humbug to the holidays? Some of Europe's best-loved Christmas markets are shutting their holiday lights earlier to save electricity or even banning them outright. Even worse, Frankfurt's famous market is—perish the thought—forgoing heated toilets. In this episode we delve into the energy challenges facing Europe as it works to replace natural gas cut off by Russia. First, reporter Bastian Benrath visits with retailers in Frankfurt's famed Christmas market, where cutbacks to the city's large holiday light displays threaten to sap some of its magic and give shoppers less reason to turn out. Other cities like Zurich, Berlin and London also have trimmed holiday display hours or reduced their size, and Paris is turning off the lights at the Eiffel Tower an hour early. What really annoys retailers about this Scrooge-like behavior is that keeping the lights on may expend less energy than powering and heating the markets themselves. As Benrath reports, “in many places, cutting the Christmas lights might actually be more about saving face than actually about saving energy.” In a follow-up discussion, host Stephanie Flanders talks European energy with Maeva Cousin, Bloomberg's senior euro-area economist, and Bloomberg Opinion columnist Javier Blas. The continent appears ready to confront the winter without mass shortages of gas, thanks in part to forecasts that were overly pessimistic, reduced demand from China and relatively mild European weather, Cousin says. Still, Blas warns that the continent isn't out of the woods yet. In the short term, a harsher winter than forecast could still lead to blackouts. In the long term, Europe's high energy costs could persuade companies to relocate to places with cheaper costs, like Texas. Finally, reporter Colum Murphy reflects on the protests over China's “Covid zero” policy. The plight of residents stuck in lockdowns there has come into stark focus. While images of jubilant crowds at World Cup soccer games flicker on TV screens, “at home in China the people are living in strict conditions,” Murphy says. And for President Xi Jinping, the protests are a huge embarrassment, coming “just after receiving the backing of the whole party.”See omnystudio.com/listener for privacy information.

Um conhecido jornalista espanhol, que vive há mais de 20 anos no Reino Unido e que afirma que o mundo está à venda e que os produtos vendidos são os próprios negociantes de matérias primas.

Dinamarca y Alemania han advertido de un sabotaje tras las fugas de los gasoductos Nord Stream de Rusia. En este sentido, en 24 horas de RNE, con Josep Cuní, hemos abordado las posibles causas más allá de las especulaciones: "Los sismógrafos han detectado que hubo dos explosiones". "Una ocurrió a las 2:00h de la madrugada el lunes 26 de septiembre y la segunda tuvo lugar a las 19:00h del mismo día", ha explicado Javier Blas, columnista sobre energía de Bloomberg News en Londres. "Que las dos explosiones estuvieran separadas por 75 kilómetros indica que no ha sido un accidente", ha asegurado. Estas fugas, probablemente propiciadas por las explosiones detectadas el pasado lunes, son para Javier Blas un síntoma de las intenciones de Putin: "El presidente ruso da a entender que puede atacar la infraestructura que desee en el mar del Norte". Finalmente, sobre el precio de la energía en Europa, Blas ha sido tajante: "En Europa no vamos a poder comprar el gas natural licuado más barato que ahora porque si tratamos de limitar el precio hay otros compradores que lo comprarán". Escuchar audio

Sean Farrington speaks to Bloomberg's energy expert Javier Blas to unravel what the shock decision by Gazprom to indefinitely pause the Nord Stream 1 pipeline may mean for European gas and energy markets. We also hear from Leeds café owner James Greenhalgh to find out how small businesses are being hit by rising costs. Sean also speaks to Miranda Richardson, a pub landlady who we heard from in June when she was struggling with rising bills and was closing, but now has a brand new pub. Joining us throughout Wake Up To Money is Shanti Kelemen to take us through the latest news affecting the markets, and tech business owner Carlene Jackson, based in Brighton.

London paid a record price to dodge a blackout in July. But the city might not be able to dodge blackouts come winter. Javier Blas, Bloomberg Opinion columnist covering energy and commodities, tells host Francine Lacqua that if this winter is even slightly colder than normal, it's going to be difficult for the UK to keep the lights on. They discuss the reasons for the energy crisis and explore how bad it's likely to get. Plus, Bloomberg's Rachel Morison details the government's energy plan and what Liz Truss or Rishi Sunak might do in Number 10.You can get the latest on the the energy and commodities markets from Javier and journalists stationed around the world by subscribing to Bloomberg's new newsletter, ELEMENTS. Sign up: http://bloomberg.com/account/newsletters/energy Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy information.

Bloomberg columnist Javier Blas (@JavierBlas) joins the gang to talk commodities, Indiana Jones, pirates and cowboys. Hugh mulls a run for President of Libya; and the Alchemist discusses Hugh's death defying journey through Zimbabwe! Please rate 5-stars, comment and subscribe on Apple Podcasts. **HATS NOW FOR SALE**Hugh HendryYouTube: Hugh Hendry OfficialTwitter: @hendry_hughInstagram:  @hughhendryofficialSubstack:  www.hughhendry.substack.comHats: https://pixel-gallery.co.uk/collections/acid-capitalist-trucker-hats

We speak to Javier Blas, Energy Analyst for Bloomberg Opinion

Las materias primas, al igual que muchas de las cosas hoy en día, van evolucionando, el litio, un material muy usado para baterías y se prevé que el cobalto será el próximo gran material, aquellos que tengan el control de estas materias primas será el que domine el mundo. Hablamos con el autor Español de "El mundo está en venta" Javier Blas. 

El periodista Javier Blas nos cuenta los grandes movimientos de materias primas que hacen enriquecerse a muchos de los poderosos en este mundo. Trasvase de petróleo en alta mar, sobornos, espías... todo un entramado de conexiones que se mueven a diario y que llega hasta nosotros en forma de productos. Escuchar audio

The price of crude oil is down about 13% since hitting roughly $130 a barrel in early March, when Russia invaded Ukraine. At the same time, the price of gasoline at the pump keeps rising, reaching new records every day. What’s going on? To help explain, we spoke to Javier Blas, a Bloomberg Opinion columnist covering energy and commodities. Plus, the U.S. subsidiary of one of the world's largest financial services and insurance companies has agreed to pay more than $6 billion in fines and restitution for a fraud scheme that led to the collapse of a group of investment funds. And, in Shanghai, COVID numbers are dropping, but restrictions on residents are still tight. Your donation powers the journalism you rely on. Give today to support Marketplace Morning Report.

The price of crude oil is down about 13% since hitting roughly $130 a barrel in early March, when Russia invaded Ukraine. At the same time, the price of gasoline at the pump keeps rising, reaching new records every day. What’s going on? To help explain, we spoke to Javier Blas, a Bloomberg Opinion columnist covering energy and commodities. Plus, the U.S. subsidiary of one of the world's largest financial services and insurance companies has agreed to pay more than $6 billion in fines and restitution for a fraud scheme that led to the collapse of a group of investment funds. And, in Shanghai, COVID numbers are dropping, but restrictions on residents are still tight. Your donation powers the journalism you rely on. Give today to support Marketplace Morning Report.

Mike Vogelzang, CIO & Managing Director at CAPTRUST, discusses markets, inflation, and the economy in 2022. Javier Blas, Columnist with Bloomberg Opinion, discusses his column on the false sense of security in the oil market and the exploding refinery margin. Matthew Miller, Metals and Mining Analyst at CFRA Research, talks about metals and the economy amid war in Ukraine and market swings. Eric Balchunas, ETF analyst with Bloomberg Intelligence, talks about investing, market swings, and ETFs in 2022. Hosted by Paul Sweeney and Matt Miller. See omnystudio.com/listener for privacy information.

A rocky pandemic recovery, Russia's invasion of Ukraine, and increasing social and consumer pressure to move away from Russian commodities have led to a spike in  oil, natural gas, and even coal prices.   For a look at  how commodities should be regulated and how policymakers think about energy supplies in a fractious geopolitical environment, host Jason Bordoff spoke with Javier Blas from Bloomberg News. He's a leading energy columnist and commodities expert with a renowned career at top media outlets like the BBC and the Financial Times.  He's also the author of a new book: “The World for Sale: Money, Power, and the Traders Who Barter the Earth's Resources,” co-authored with senior Bloomberg News reporter Jack Farchy.  The pair have been on the show previously to discuss the book in detail, which you can listen to here. They also participated in a recent event with Maria Jelscu Dreyfus, CEO and Founder of Ardinall Investment Management which you can watch here.  In this discussion, Javier focuses on the implications of the current war for commodities markets and the global clean energy transition. 

In this week's episode, host Daniel Raimi talks with Helima Croft, a managing director and the Head of Global Commodity Strategy and Middle East and North Africa Research at RBC Capital Markets. Croft talks about how the oil market has responded to historical events in the past and how current events have been influencing the oil market today. Croft and Raimi's conversation ranges from Russia to Europe to China to Saudi Arabia to Texas and beyond. They discuss how the Organization of the Petroleum Exporting Countries (OPEC), Ukraine, and the US government have responded to recent high oil prices; the implications of sanctions on Russian oil and gas; and how the perception of Russian sanctions may vary across the international energy sector. References and recommendations: “The World for Sale: Money, Power, and the Traders Who Barter the Earth's Resources” by Javier Blas and Jack Farchy; https://global.oup.com/academic/product/the-world-for-sale-9780190078959 “Syriana” the movie; https://www.imdb.com/title/tt0365737/ “Crude Volatility: The History and the Future of Boom-Bust Oil Prices” by Robert McNally; http://cup.columbia.edu/book/crude-volatility/9780231178143

One of the big themes these days is the return of the 'real' economy. You can't solve problems these days with just money. Not everything can be done by sitting behind a screen. And so some of the most important players in this new environment are the commodity trading shops, which help arrange financing and delivery of oil, coal, natural gas, nickel and everything else you can think of across the far-flung corners of the globe. It's a very different type of business than most trading, which is mostly just about charts on a screen. On this episode we speak with long-time commodities journalist turned Bloomberg Opinion columnist Javier Blas -- the co-author of 'The World For Sale: Money, Power, and the Traders Who Barter the Earth's Resources' -- to get a deeper understanding of how these firms operate, and how they're dealing with this environment of surging commodity prices and extreme volatility.  See omnystudio.com/listener for privacy information.

The commodities markets and its traders face great challenges. Russia's invasion of Ukraine may tip an already stressed markets into turmoil. The LME's recent challenges with Nickel has exposed serious cracks in both how markets function and are funded. It has sent a shock wave through the sector, signaling that commodity price risk may have been seriously undervalued. Margins requirements have spiraled and recent requests for support by the sector's main traders may have invited a future reckoning with regulation. It's challenging times and may get a whole lot worse. Our guest is Javier Blas, co-author of The World for Sale , the best seller on the commodities trading world and Energy Columnist at Bloomberg Opinion. Javier deftly walks us through the major challenges facing the sector and what the future may hold. To find out more about HC and our talent advisory services in the energy & commodities sector visit www.hcgroup.global/hc-insider To connect with our host Paul Chapman, you can find him at www.linkedin.com/in/paulchapmanhc/

Vladimir Putin's war in Ukraine has exposed Europe's longstanding dependence on Russian fossil fuel. Amid mounting pressure to cut ties with the country's energy providers, many European governments are scrambling for alternatives. But how quickly can this be done and why wasn't it done before? Andrew Mueller speaks to Daniel Yergin, Javier Blas and Stefanie Bolzen. See omnystudio.com/listener for privacy information.

Russia's invasion of Ukraine has laid bare the West's reliance on Russian oil and gas. Around 40 per cent of Europe's gas comes from Russia, while some 7 per cent of US oil is Russian. Journalists Javier Blas and Jack Farchy's new book, The World for Sale: Money, Power and the Traders Who Barter the Earth's Resources, tells the story of how trading commodities such as these has shaped the global financial landscape and why we find ourselves in a pivotal moment in which geopolitical and economic relationships are being tested. Investigative journalist and Manveen Rana speaks with Javier and Jack about the book and its wider themes. Learn more about your ad choices. Visit megaphone.fm/adchoices

It's a month now since Russian forces invaded Ukraine. The west have sanctioned Russia and provided aid packages to Ukraine but what more can it do to help Ukraine win the war?Joining David Aaronovitch in The Briefing Room are:Gustav Gressel, senior policy fellow with the Wider Europe Programme at the European Council on Foreign Relations (ECFR) Berlin office. Dr Sarah Schiffling, International research fellow at the Humanitarian Logistics Institute in Helsinki, Finland and senior lecturer in supply chain management at Liverpool John Moores University.Javier Blas, energy and commodities columnist at Bloomberg and co-author of the 'The World for Sale'.Algirde Pipikaite, cybersecurity and digital transformation policy expert at the World Economic Forum in Switzerland.Producers: Ben Carter, Kirsteen Knight, Octavia Woodward and Louise Clarke-Rowbotham Production Co-ordinators: Iona Hammond and Siobhan Reed Studio Manager: Neil Churchill Editor: Richard Vadon

The OPEC+ oil cartel may not ramp up oil production enough to offset the loss of Russian supply that has sent crude above $100 a barrel, according to Javier Blas. Blas, the co-author of “The World For Sale: Money, Power, and the Traders Who Barter the Earth's Resources” and a Bloomberg Opinion columnist, joined this week's “What Goes Up” podcast to discuss the global energy supply shock. One highlight of the conversation: “Putin has been talking to Mohammed bin Salman, who is the crown prince of Saudi Arabia. And they have been talking about energy and energy cooperation. So I think that OPEC may not come to the rescue this time, just because they're just working with the Russians.” Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

In this week's episode: Is the UK dragging its feet when it comes to Ukrainian refugees? For this week's cover piece, Kate Andrews and Max Jeffery report back Calais, where they have been talking with Ukrainian refugees hoping to make it to Britain and the challenges they face. Kate joins the podcast along with former MEP Patrick O'Flynn to discuss the UK's handling of the Ukrainian refugee crisis. (00:48) Also this week: Are commodity traders finding a moral compass? Commodity traders traditionally put profits over everything else. But in the wake of colossal sanctions on Russia are they finally feeling the pressure to look more critically at the people they are buying from? In this week's issue, Javier Blas, Bloomberg's commodities columnist and the co-author of The World for Sale, reveals what's going on in the world of commodity trading. He joins the podcast along with Martin Vander Weyer who also writes about how effective these sanctions might be. (19:21) And finally: Is offal making a macho comeback? Gus Carter writes in The Spectator this week about offal. It's having a comeback, largely thanks to macho men following internet advice about what to eat. He joins the podcast along with Natasha Lawson, the Spectator's designer, who is a keen organ fan and has even bought in one of her favourite products for Lara, Gus and William to try. (30:19) Hosted by Lara Prendergast Produced by Sam Holmes Subscribe to The Spectator today and get a £20 Amazon gift voucher:www.spectator.co.uk/voucher Listen to Lara's food podcast Table Talk: https://www.spectator.co.uk/podcasts/table-talk