Copper price at lowest level since 2020 as fears over global economy grow
Fall comes amid concerns that soaring inflation will curb spending by large manufacturers
Copper has suffered its worst weekly plunge in price since the early months of the coronavirus pandemic, in a stark indicator of the worsening state of the global economy.
The metal dropped below $7,000 (£5,913) a tonne for the first time since November 2020, as fears over a worldwide recession grew. …
The metal dropped below $7,000 (£5,913) a tonne for the first time since November 2020, as fears over a worldwide recession grew. …
Since you mention it, I watched a great story on Curiosity Stream last night about Copper mining in Wales during the Bronze Age (4000 years ago). The mines produced great wealth from trading long distances selling mostly axe heads.
The Unique Bronze Age Mines Found In Wales | Extreme Archaeology | Absolute History The team travels to Parys Mountain on the island of Anglesey. They investigate if a connection between two bronze aged copper mines can be found. Their efforts will be complicated by the crumbling nature of the workings. Only recently pumped dry the expectation is the whole Bronze Age mine operation will collapse in on itself in a matter of ...
With China’s COVID policy introducing instability, the Russo/Ukraine war injecting trade and political constraints, Brexit disrupting the UK/EU, long-term transportation challenges to and within the US causing inflation and other monetary imbalances, I think a global recession is baked into the fabric. Do not expect government agencies to tell you that for fear of being the one crying “fire” in a crowded theatre.
From our standpoint, it’s not whether a recession will (or already has) happen(ed), but how to best protect the purchasing power of our assets and making back losses when the curve bottoms and starts heading north again.
Baked Fabrics by Issey Miyake Give Textiles New Form https://materialdistrict.com/article/baked-fabrics-by-issey-…
The tops, skirts and dresses within the Baked Stretch collection are made from a fabric that has special heat reactive properties. Wavy horizontal and vertical lines of heat reactive glue are stamped into the fabrics. Between the lines, multi-coloured dyes are applied. The fabrics are then put into a type of baking machine normally used for transferring prints onto cloth. Much like bread rising in the oven, the glue swells and expands under the high heat of the oven, resulting in protruding bands of fabric and a three dimensional, pleated effect. While the technique is relatively simple it provides the possibility for a variety of effects.
