Biden’s dramatic release from petroleum reserve in a midterm election year as US petrol prices hit record levels tells you a. Grip of fossil fuels in US totally unbroken under Dems b. OPEC+ right now has more degrees of strategic freedom than USA ft.com/content/6748e5… https://t.co/tqrQOKGIZB
22.8 million Afghanis – half of the population – are projected to be acutely food insecure in 2022,1 including 8.7 million at risk of famine-like conditions reliefweb.int/sites/reliefwe… https://t.co/Jsm7nrQQaQ
“This is a moment of consequence and peril for the world … The bottom line is, if we want lower gas prices, we need to have more oil supply right now.” Complete surrender of Biden admin to fossil fuel dependence? ft.com/content/6748e5… https://t.co/GpFVpLUiGd
Market expectations of average inflation over next five years are for 5% pa in the UK! Does that sound at all plausible? If so, doesn’t it imply all sorts of options with regard to financial repression, burning off debt etc. @DuncanWeldon @ChrisGiles_ ft.com/content/088d33… https://t.co/h0V0wPzKig
Just over $1tn worth of deals were struck in the first quarter of 2022, 23 per cent lower than the same period last year, ft.com/content/47c9ec… https://t.co/hmSDFG8zKF
RT @BBGAfrica: South Africa has begun the process of establishing a new utility to help it entice private investment in infrastructure need…
RT @hanslucht: Fishing in the Bay of Guinea is facing ‘imminent doom’. In this reportage for African Arguments, I focus on the harsh work e…
What happened to Kenya’s fertilizer consumption? twitter.com/MwangoCapital/…
RT @lawsofrule: This is a good exchange between @adam_tooze and @rbrtrmstrng @EthanYWu qualifying Larry Fink's "The end of #globalisation a…
@AimeTim Hi Tim these are fabulous essays. Only wish there were hyperlinks! @GenofMod ?? Can you point me to where @BrunoLatourAIME says "We shouldn’t deprive ourselves of the resources of Christian apocalypse”? Thanks … GREAT read.
RT @PhillipsPOBrien: Ukrainians are attacking fuel depots in Russia itself. This is exactly what they should be doing to hammer away at the…
RT @MarcDavenant: London in 1975, a glimpse into a lost world by David Granick. If you are a young photographer remember to photograph the…
RT @TheBishF1: .@JakeCoare14 is a great lad. He’s a big Aston Martin, Seb Vettel & Arsenal fan; he struggles with his mental health; but as…
RT @wessiedutoit: I can't get my head around the idea that maybe one in twelve people who have ever lived are alive now.
RT @IIF: Latest Frontier Debt Monitor sees total debt in frontier markets surge to a new record high of $3.5 trillion in 2021—some $500 bil…
RT @JIntlEcon: New: "Global Banks, Dollar Funding, and Regulation" by @i_aldasoro, Torsten Ehlers & @egemeneren87. Non-US global banks hold…
RT @daniel_mcdowell: This figure shows the currency composition of Indian payments for Russian exports from 2013-2020. Vertical lines refle…
RT @LucaFornaro3: Philip Lane nails the reason why the ECB is just not your standard central bank (ecb.europa.eu/press/key/date…). Common currenc…
RT @drvolts: Lord, @EricLevitz really puts his finger on how fucked the US is. Climate folks have long thought, "once it gets bad enough, i…
Consider the average car: About 60% of its weight comes from steel, according to trade body the World Steel Association. In cash terms, the cost of that steel has gone up to more than 1,250 euros ($1,379) from about 400 euros in early 2019. @JavierBlas bloomberg.com/opinion/articl… https://t.co/rnuUaJPD9M
War in Ukraine: what explains the calm in global stock markets? Great piece this by @RobinWigg @staffordphilip @TomStub on eerie calm in markets, pairs well with latest Chartbook-Unhedged exchange on the latest bout of deglobalization-inflation discourse. adamtooze.substack.com/p/chartbook-un… https://t.co/ATQObdSBmy
Dollar hegemony plot thickens. @GitaGopinath of @IMFNews normally a staunch defender of network-logic of $-hegemony, amplifying msg of fragmentation by way of piece by @colbyLsmith & Wheatley ft.com/content/3e0760… Intriguing contrast to Chartbook #106 adamtooze.substack.com/p/chartbook-10… https://t.co/lBhkvXObzp
Gotta love graphics accompanying BlackRock’s guide to navigating Q2 2022. Latest Chartbook-Unhedged collab spools off Larry Fink’s much-discussed intervention last week on future of globalization. Exclusive access to @FT newsletter via Chartbook here: adamtooze.substack.com/p/chartbook-un… https://t.co/4qa1lZqmEw
China’s Tech Pivot (Part I): From Behemoth Platforms to Little Giants This from @MacroPoloChina is really interesting. macropolo.org/chinas-tech-pi… https://t.co/SpMOGLNyJI
"Why Markets Have That Risk-on Feeling Again" bloomberg.com/opinion/articl… It was this newsletter by @johnauthers 10 days ago that got me thinking about the weird state of markets. Now the theme of collaboration #2 with @FT @rbrtrmstrng @EthanYWu access here: adamtooze.substack.com/p/chartbook-un… https://t.co/84jgZrNxJv
Last week Larry Fink’s letter to shareholders triggered a mini-storm about future of globalization. Latest collab with @rbrtrmstrng @EthanYWu of @FT Unhedged digs in to both the data and discourse. Exclusive access to FT site via Chartbook. adamtooze.substack.com/p/chartbook-un… https://t.co/eajUpZiQZe
More than 90% of all global payments are in countries allied to the USA & equipped with $ swap lines. cer.eu/insights/russi… Piece by @Zach_CER pairs exquisitely with Chartbook #106 on the new buttresses of the $ system. adamtooze.substack.com/p/chartbook-10… https://t.co/HxvF0te8bP
This Servaas Storm piece for @INETeconomics on why loanable fund theories make no sense even if they are hooked to a critique of inequality, is excellent. ineteconomics.org/perspectives/b… https://t.co/FbduwkHWGG
Blackrock casting Putin as the killer of globalization. Markets that refuse to act as though inflation is real. Its a time of monsters alright. Latest in Chartbook collab with @FT Unhedged column h/t @rbrtrmstrng @EthanYWu Exclusive access via adamtooze.substack.com/p/chartbook-un… https://t.co/8xb5b5HoLG
RT @georgemagnus1: One thing @adam_tooze refers here is Larry Fink's current letter to shareholders, in which LF uses phrase 'end of glob a…
RT @DuncanWeldon: Got to love a game where one of the expansions is about the electoral college of the Holy Roman Empire.
RT @zeithistoriker: Breaking quarantine to post this workshop @MkBlyth & I are hosting next month at Brown. Speakers include @IsabellaMWebe…
RT @AlexYablon: "The exchange rate may be an indication that a shrunken Russian economy can, like Iran, function in a permanently denuded s…
RT @boes_: "The lack of rain is weighing on American farmers’ minds, too…If the rains don’t come by the fourth of July, he says, he won’t…
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