MoneyWeek: Lithium use set to soar

Lithium plays a growing role in the global economy: it’s a crucial component in the batteries of our phones, gadgets and electric cars. Argentina, Bolivia and Chile hold about 70% of the world’s lithium reserves, “but new mining concessions can be hard to find”, says Alexandre Peyrille on AFP.com. Chile is not granting any new concessions and Bolivia has suspended mining after opposition from local … Continue reading MoneyWeek: Lithium use set to soar

MoneyWeek: Lloyds returns to private sector

The UK government will sell off Lloyds shares worth at least £2bn next spring. This time, members of the public will be able to buy them. They will receive a 5% discount and those seeking shares worth under £1,000 will be prioritised. Investors who keep their shares for a year will get one bonus share for every ten they own (this incentive is capped at … Continue reading MoneyWeek: Lloyds returns to private sector

MoneyWeek: Japan’s lesson in “people’s QE” for Jeremy Corbyn

The idea of “people’s QE” has reignited interest in radical monetary policy. Marina Gerner looks at the lessons from Japan’s version of people’s QE – the voucher schemes of the 1990s. What’s “people’s QE” all about? Traditional QE involves the central bank creating money to buy financial assets, such as shares and bonds. The idea is that the extra money created will find its way … Continue reading MoneyWeek: Japan’s lesson in “people’s QE” for Jeremy Corbyn