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22 Sep, 2021 06:37

European energy inflation looming and Chinese real estate market teeters on edge

Soaring energy prices in Europe are prompting concerns among EU lawmakers, who are now considering subsidies to combat the spike. Boom Bust’s Christy Ai and Octavio Marenzi, co-founder and CEO of Opimas LLC, offer their analyses of the fears swirling around rising inflation in the sector. Next, with the United Nations General Assembly underway in New York City, US President Joe Biden has outlined his plan to combat a growing wave of ransomware attacks. Ben Swann reviews Biden’s statement and looks at the latest cyber-hack, which could threaten elements of America’s food supply chain. Finally, as the fallout from the Evergrande debt debacle continues to rattle the globe, the Chinese real estate market teeters on the edge. Tobin Smith, of Transformity Research, and Euro Pacific Capital’s Peter Schiff discuss the looming crisis and whether this is China’s Lehman Brothers moment.

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