Chairman’s Blog

  • May 2020 - by Damon de Laszlo, ERC Chairman

    Since April we have seen politicians around the world trying to roll back on the panic created by the Corona Virus. The machinery of government and its institutions, particularly areas involved in health, led by the World Health Organisation,

     » Read more about: May 2020  »
  • April 2020 - Since the end of March really nothing has changed, and everything has changed.  At the end of March, the Prime Minister caught the Corona Virus (CV), disappeared into Intensive Care and now seems to be
  • March 2020 - The major drop in commodity prices and the unpopularity of mining is causing exploration to stop and mines to be shutting down. The economic crisis that is affecting raw materials, when the global economy starts to recover, is likely to cause rapid price increases. Inflation, which has been dormant now for many years, will probably be a hot
  • February 2020 - by Damon de Laszlo, ERC Chairman

    In January we were looking at a relatively steady, if confusing, world. Two minefields, one financial and the other political, were evident, but a new and unexpected phenomenon has appeared in the form of Coronavirus.

     » Read more about: February 2020  »
  • January 2020 - by Damon de Laszlo, ERC Chairman

    Since November it’s been difficult to “put pen to paper!” The year ended, from a general point of view, incredibly well. Stock markets at an all-time high, economies trundling along, and no major disasters to spoil the year end.

     » Read more about: January 2020  »
  • November 2019 - The US recovery has held up remarkably well despite Trump-created uncertainty and a worry that ten years of improving stock markets should herald an end to a period of growth and bring in a cyclical re-balancing – in other words...
  • August 2019 - Another interesting positive side effect of the upheaval in the basic order is a realisation that leaders can break through the constraints of bureaucracy.  Flouting all conventional advice, Trump’s meeting...
  • July 2019 - Another interesting positive side effect of the upheaval in the basic order is a realisation that leaders can break through the constraints of bureaucracy.  Flouting all conventional advice, Trump’s meeting...
  • March 2019 - We are not in a bad place economically, although politically the world is fractious and unhappy....
  • February 2019 - The sound and fury of the current debate is obscuring the possibility for stable global growth for the foreseeable future.....