John Kay: How economists got the world wrong

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John Kay, former director of the Institute of Fiscal Studies and a Financial Times columnist, talks to Investec Chief Economist Philip Shaw about the thinking behind “predictive” economic theories and what we can do to avoid the pitfalls.

15 Oct 2020 English South Africa Business

S04 Ep32 Energy Market Update: Strait of Hormuz standoff keeps oil markets on edge

Tensions between the US and Iran have escalated again, with flashpoints centred on the Strait of Hormuz. Despite ongoing indirect negotiations, disagreements over the US naval blockade and Iran’s nuclear stance triggered renewed friction. Please note: this podcast is provided for information purposes only and should not be construed as…

5 May 3 min

S04 Ep31 Energy Market Update: Strait uncertainty fuels volatility in energy markets

Oil prices continue climbing amid stalled US–Iran negotiations, sustaining geopolitical risk premiums critical for UK commodities markets. Uncertainty around the Strait of Hormuz remains unresolved, with no clear timeline for reopening. Please note: this podcast is provided for information purposes only and should not be construed as an offer, or…

27 Apr 4 min

S04 Ep30 Energy Market Update: Volatility returns as markets are caught between diplomacy and disruption

Oil markets are volatile as mixed signals from US–Iran diplomacy unsettle sentiment. Prices fell sharply on Friday, with Brent dropping from near $100/bbl to ~$85, after apparent progress on reopening the Strait of Hormuz, but conflicting statements and a tanker attack suggest it remains closed. Please note: this podcast is…

20 Apr 5 min

S04 Ep29 Energy Market Update: Fragile calm - Failed Iran talks push oil higher despite ceasefire

US–Iran talks stalled over the weekend, with Washington demanding firm guarantees that Tehran won’t pursue nuclear weapons. While Iran signalled more negotiations may follow, tensions rose after Trump threatened a targeted blockade of the Strait of Hormuz. Oil prices opened higher, though the move reflects fading optimism from last week…

13 Apr 3 min

S04 Ep28 Energy Market Update: Calm before the storm? Markets hold steady as Iran deadline looms

Tensions are rising as yet another Trump-imposed deadline on Iran looms, with the Strait of Hormuz at the center of a high-stakes geopolitical standoff. Despite escalating rhetoric and fragile backchannel diplomacy, markets have remained surprisingly calm, even as oil and refined product prices quietly surge beneath the surface. Please note:…

7 Apr 4 min