“US Treasury currently has no org structure to address the climate challenge, and virtually no staff currently working on climate-related matters. Mnuchin eliminated Office of
According to IMF’s new global bank stress-testing model, in an adverse scenario in absence of bank specific mitigation, 14 % of global banks and close
In recent decades, G7 share of global GDP and world trade collapsed. But also striking that since 2014 it has stabilized. From @SimonEvenett @BaldwinRE volume
Behind China, Denmark is the largest Mink farmer in the world – 17 m v. 20 m in China. Thankfully demand is slackening and prices
Foreign investment in Chinese fixed income is heavily skewed towards central gov bonds of which foreigners hold at least 8.5% in mid 2020 up from
The history of wealth taxation in Germany is dominated by the war years. Persecutory taxation by Nazi Germany raised 1 % of GDP from the
@tblrj @ThomasGrjebine @FitchRatings @SoberLook Or, might one say that there may have been a loss of trust, but that is not what is showing up
If limit of primary dealer balance sheet capacity was a key factor driving March US Treasury market turmoil, it was a problem that had been
Women are far more severely affected by low-paid work than men across the @OECDeconomy economies. Almost 30% of women workers in the US trapped in
China’s bond yields look more like those of emerging markets yet investors will probably view them as AE securities -> $230 bn have flowed in
Really delighted, finally, to be, meeting @ewaldeng – "Canary in the coal mine", "After the Great Complacence" – “in person”. Tune in Wednesday. twitter.com/ewaldeng/statu…
Battling to maintain the pace of innovation, major semiconductor companies are estimated to spend $36.4 bn on R&D in 2020. @maxcherney barrons.com/articles/these… https://t.co/9gMBXr4Qqy
"The hand that gives . . . Demands by US Treasury that the Federal Reserve return pandemic emergency funds are unwelcome" @RanaForoohar ft.com/content/ed2e1f… On background & ugly parallels
In most @OECDeconomy economies, women outnumber men in accommodation and food service jobs. Greece and Sweden are the exception. ft.com/content/21ae50… https://t.co/Ie3LUGBYay
Ant’s IPO if it had gone ahead as planned without Beijing’s intervention would have valued it on a par with JP Morgan! So why was
On the balance between relief and investment, local and central government spending in China, this report by @hzsong for @MacroPoloChina is fascinating. macropolo.org/analysis/q4202… https://t.co/J8702XLJTk
On G20 agenda this weekend was debt relief for poorest countries. Mnuchin, US Treasury Sec, "had already backed the measure, but it was not clear
In advanced economies roughly three times as many men work as computer programs as women and their “lead" surged in 2020. @valentinaromei ft.com/content/21ae50… https://t.co/UdwlpEgalF
"Joe Biden needs to break the market’s codependency with White House Donald Trump’s approach widened the disconnect between traders and the real economy" @elerianm ft.com/content/558585…
RT @SergiLanauIIF: Nigeria's parallel market premium has been widening again. Capital controls helped stabilize reserves but the gap betwee…
RT @TheStalwart: In today's @markets newsletter, I wrote about the total absurdity of the Fed/Treasury episode, and how the entire discussi…
Beijing has set a debt limit on property firms -> deleveraging -> land sales plummeting. Weekly sales down more than 40% in Sep v. July
The world is going to need a lot fo batteries and giving its energy consumption, the Americas will need most. ft.com/content/7c07e4… https://t.co/wA9uppm52W
RT @M_C_Klein: Looks like everyone wants to get out of Texas twitter.com/CT_Bergstrom/s…
RT @heimbergecon: Those who think that Italy just did not do enough fiscal consolidation to fix its public finances: Fiscal consolidation i…
RT @AntonJaegermm: Churchill once wrote a counterfactual history of the American Civil War, where Confederacy wins at Gettysburg, marches o…
Could there be a big data equivalent of Bretton Woods to create a World Data Organization, as suggested by @ianbremmer ? Im skeptical of BW
Up in the cloud: how the balance of data storage moved off people’s desks into public cloud storage. Of course, overall the quantity of data
How data-protection regulations spread worldwide. economist.com/briefing/2020/… https://t.co/aFa0XcJ2UE
Tech platform businesses by market capitalization as of Nov 17 2020. Little wonder perhaps that China & EU have preserved greater "state autonomy” in relation
EU talking about a European cloud within American one. Gaia-x is a federation of clouds, launched by Germany and France in June, whose members agree
The scale of Africa is staggering: Somalia has a 3,300-km coastline! With over 1 m people facing severe food insecurity & 307,800 children under the
"A partial catalogue of the past few months’ disagreements shows the fractiousness that stops the free world coming together on rules for digital tech —and
How @TheEconomist Geetty imagine Erdogan looking as he “faces economic facts”. Interesting tit bit here that 30-40 AKP MPs threatened to go over to opposition
The scale of Africa is staggering: Somalia has a 3,300-km coastline! With over 1 m people facing severe food insecurity & 307,800 children under the
RT @apizzo: Indiana Jones tank #photography #blackandwhite #bw #blackandwhitephotography #noir #noiretblanc #highcontrast #monochrome #mono…
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