Merkel/Scholz coalition sets fiscal agenda not just for Germany but Europe. Leaving taps on into 22 but threatening a (soft) cliff in 2023 and beyond. Important wake up call this by @MESandbu who has been talking to brilliant @PhilippaSigl & @Economist_Kat ft.com/content/41cd98… https://t.co/2f5tWeFnEy
Thanks @WillHitchUVA for posting this. Great to see Paul K enjoying summer at his retreat on Long Island sound! Such a lovely man and wonderful scholar. twitter.com/WillHitchUVA/s…
Frequent short-haul flying drives the CO2 emission of the most affluent Europeans. On inequality and the climate crisis, see Chartbook Newsletter #24. adamtooze.substack.com/p/chartbook-ne… https://t.co/CTIBjYT1O4
"UK’s R&D tax credit specifically excludes research in Shape (social science, humanities, arts for people & economy) disciplines.” Out of touch with contemporary problems & 80% of UK economy. H/t @HetanShah of @BritishAcademy_ for making important points! ft.com/content/374603… https://t.co/eOcjIkwUkj
Sorry to see my gloom a few months ago confirmed …. Thanks for reminder @edking_I twitter.com/edking_I/statu…
"In lead-up to last week’s EU summit, Draghi, to the surprise of some officials in Brussels, did exactly what every Italian PM has done before him: He asked for a European solution to his country’s migration problem and got … 8 minutes of summit time!" ft.com/content/cb21ce… https://t.co/EQph0cMohd
RT @OlafStorbeck: Deutsche Bank CEO Christian Sewing at Frankfurt Euro Finance Summit touts fiscal orthodoxy: fiscal policy should ideally…
NATO in Asia. This survey by Martine Bulard in @mdiplo is excellent. monde-diplomatique.fr/2021/06/BULARD… https://t.co/h6mdL9hCc4
RT @JeremyCliffe: Temperatures close to records set in the Saudi desert are being recorded in the NW US & Canada. A friend of mine in Vanc…
“the intimacy of a private yacht alongside the chance to network in a vibrant community of like-minded owners” – apartments on 220 m mega yacht starting at 9.5 m euros. Seasteading as luxury timeshare. ft.com/content/c71172… https://t.co/cuLdzlVPdG
How has the changing structure of global inequality since 1990 driven carbon emissions? Chartbook Newsletter #24 Sign up here: adamtooze.substack.com/p/chartbook-ne… https://t.co/aKGeEMKmHn
“paper reality constructed by conservatives to prevent the sector from aligning with ambitious emissions targets." European environmental activists and Green MEPs react to latest CAP deal. ft.com/content/cb21ce… https://t.co/TEnKghiX5M
RT @CPesti: @TheStalwart In the first two weeks of June, 298 container vessels with a combined total capacity of over three million TEUs sk…
RT @MGSchmelzer: @adam_tooze As you argue in your chartbook, to cut emissions it's key to end short-haul air travel and curb frequent flyin…
If the dollar and US real rates are rising as commodity prices are falling, commodity-driven markets like Brazil and Russia will be hit particularly hard. And tightening of credit conditions in China is making markets nervous that exactly that may happen ft.com/content/2b0d7d… https://t.co/vLlPRfi1IU
RT @alanbeattie: @adam_tooze I suspect the conditionality will be quite weak but anyway, given the role the CAP has played in substituting…
I knew Europe’s ag policy was a monster, but I did not know this: "For the first time, the CAP will include social conditionality, meaning that CAP beneficiaries will have to respect elements of European social and labour law to receive CAP funds.” ec.europa.eu/commission/pre… https://t.co/I3ZCLGRAsf
Glencore is buying BHP & Anglo American’s interests in one of world’s biggest open-pit thermal coal mines, Cerrejón in Colombia for $592m. With coal prices on record highs, it expects to recoup its investment in less than 2 years. Ironies of disinvestment! ft.com/content/39043f… https://t.co/7EtMqp69It
RT @CJFDillow: Rayner is using the rhetoric of "taxpayers' money" to paint the Tories not as lovable rogues but as thieves from the public…
The idea that there is such a thing as a trend in "EM currencies” (graph 1) is an artifact of weighting and aggregation. Better to think as graph 2 suggests of the China-S Korea-Taiwan complex, commodity producers, India and …. Turkey. ft.com/content/2b0d7d… https://t.co/sxLeK5rrJB
Meanwhile …. "The US has launched air strikes on the facilities of two Iran-backed militia groups on the border between Syria and Iraq, the second such attack by the Biden administration in four months." ft.com/content/2a81dd… https://t.co/isrvEkseaE
@dschnaepp Its tricky isnt it. Because you have to reckon with the way that actually existing democratic capitalism functions and what role the public balance sheet plays!
"Thousands of migrant workers are fleeing Bangladesh’s capital Dhaka to escape an imminent lockdown and a surge in Covid-19 cases linked to the Delta variant. Only about 3% of the population fully immunised. Blindsided by India’s vax export ban. ft.com/content/78fa98… https://t.co/tLT1k0vVCq
The question posed by @lucas_chancel @PikettyLeMonde already in 2015. twitter.com/GaraviniG/stat…
@dschnaepp I would very much expect that we Buerger would advocate precisely such as solution 😉
RT @ThiagoKrause2: Como será possível realizar a transição energética necessária se ela depende da direção, consumo e investimento exatamen…
RT @nitzanl1: An excellent analysis of recent and current emission patters by @adam_tooze adamtooze.substack.com/p/chartbook-ne…
RT @70sBachchan: @CostaSamaras @busbyj2 @dburbach "We’re living through an experiment where we take dilapidated 20thC infrastructure & see…
The top 1% of global income distribution drove 19% of worldwide increase in emissions 1990-2015. But whose elite consumption did the damage? As Chartbook Newsletter #24 shows, China, MENA, N America account for 75% of that wedge. adamtooze.substack.com/p/chartbook-ne… https://t.co/3UqoCwitvH
RT @jonkarl: "It was all bullshit." That's what Bill Barr told me he thought of Trump's claims of election in an astonishingly candid inte…
RT @jonkarl: Last November, @LeaderMcConnell pleaded with Barr to publicly shoot down Trump's claims of election fraud. “Look, we need th…
"During its debt restructuring in 2018-2019, Barbados exchanged old debt for approximately $5bn of sov bonds with natural disaster clauses and is now the largest issuer of such bonds.” Could they offer a model for a more resilient global credit system? ft.com/content/7e1c92… https://t.co/tTRywIKRio
RT @VJMallet: Le Pen and the far right did not win a single French region. Incumbents all re-elected. Macron's LREM party further humiliate…
© 2025 Adam Tooze. All Rights Reserved. Privacy policy. Design by Kate Marsh.