Bitcoin faces some increasingly serious competition in the cryptospace! Useful explainer this by @TheEconomist economist.com/finance-and-ec… https://t.co/ydxSxkrVCU
On June 9th China reported that factory-gate prices rose at an annual rate of 9% in May, the highest in more than a decade. On
“In the face of a perfect storm of planetary crises, the world’s richest democracies have responded with a plan to make a plan.” @LaurenceTubiana ft.com/content/78cae1…
Greece’s five-year bond yield fell below 0 for the first time on Monday after ECB’s decision to maintain pace of its asset purchase programme. Investors
GE & Safran extend their engine joint venture, CFM International, by another 10 years to 2050. CFM is world’s largest jet engine maker. Its Leap
"This was the age when TV really supplanted print, and when the intellectuals Debray describes as prophétique (such as Jean-Paul Sartre) and spécifique (such as
The world’s longest undersea electric cable is set to be switched on this week: 720km interconnector btw UK and Norway. At €2bn North Sea Link
Under impact of oil price falls, Algeria’s foreign reserves have plunged from $200bn in 2014 to $45bn in Jan 2021. It has no foreign debt
With $305 bn of liabilities — including $ bonds that sit in portfolios from KH to London & NYC — Evergrande is world’s most indebted
The renminbi has strengthened almost 10% against the dollar in the past year and hit a three-year high in May -> Beijing issues a cumulative
RT @DEHEdgerton: Great find – these quotas are HUGE: rising to much more than half UK beef imports, and higher than historic peak – 1959
“The last time Nato put together a strategic plan was back in 2010, when Russia was considered a partner, and China wasn’t even mentioned,” ft.com/content/f45403…
The Wolf Warrior response to the G7 … apparently. H/t @niubi https://t.co/BGGBnV6biQ
Money market funds flooded with vast quantities of cash -> spills over into reverse repo at the Fed. Collapsing profit margins puts functioning of MMF
RT @SDullien: @adam_tooze @IMKFlash @schieritz Here comes the link to the original study at the @IMKFlash website (in German only): https…
RT @HansGruener: It is hard to imagine that someone capable of writing such a wonderful textbook could have done anything that makes him de…
RT @AlexMasPton: Normally I would not be posting personal developments on this website, but in this case I have a pressing concern. My dad,…
RT @LukeGromen: US government’s debt position desperately needs inflation to NOT be transitory, but also desperately needs the bond market…
As @RobinBrooksIIF and @Brad_Setser like to remark, one of the defining feature of the world economy right now is that foreigners are no longer major
I didnt know that China's rail line to Europe was driven in part by Bo Xilai's rivalry with Xi! twitter.com/nicolas_veron/…
Wonder how @stephenwertheim would respond? twitter.com/APHClarkson/st…
Rethinking the German debt brake. @BachmannRudi making a suggestion that runs along lines we have seen from @ojblanchard1 @pisaniferry twitter.com/ArashMV/status…
“Trust leadership” – PwC will increase global headcount by 100k after expanding 25% to 284k in past 5 years. $12bn investment in recruitment, training, technology
Inflation, what inflation? as @PeterBofinger points out, if you perform the simple exercise of removing energy prices, German inflation has no trend and sits around
At presser Merkel’s corrects the impression that European members of NATO had agreed to comprehensive turn v. China. politico.eu/newsletter/bru… https://t.co/cKhBkdIj5m
Great initiative this: the smart folks at @DezernatZ are debating and critiquing the fiscal/economic policy programs of the various parties in Germany's election. twitter.com/maxkrahe/statu…
RT @fwred: 🇬🇷 Marketable debt securities represent only 20% of Greek public debt but still, the suppression of the redenomination premium h…
RT @heimbergecon: This 2013 paper by @pdegrauwe and Yuemei Ji on why it is so important that the ECB backstops government bond markets to a…
Yup you read that right …. ! twitter.com/HostileSpectru…
Fractures in the conservative Hanse-League front: Klaas Knot of the Dutch central bank argues for "structurally larger role for fiscal policy"! twitter.com/heimbergecon/s…
This is fair from @wolf_reuter As large as the German @Die_Gruenen 500bn Euro investment program is, it is no more than Biden-sized i.e. a good
German greens are promising a ten-year 500 bn Euro investment program for Germany. @IMKFlash has run the numbers and shows a 1.363 trillion euro boost
RT @duandang: USS Ronald Reagan aircraft carrier spotted sailing in the South China Sea on June 15. https://t.co/ARmt2EKdPr
Its not rocket science: if you raise the CO2 price you need to pay out a progressive carbon dividend to offset regressive effects. Germany's CDU
RT @smotus: Correlation of Biden vote share and adult Covid vaccination rate is now at .847. (CDC data) https://t.co/J2hQHKYUIH
There is at least one French beneficiary of Britain's post-Brexit-take-back-control trade deal with Australia, the French owners of "Australian" Jacob's Creek winery! twitter.com/maryellenfield…
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