ADAM TOOZE

RT @barros_bryce: @adam_tooze's very comprehensive look at the evolution of China policy under the Biden Admin, chronologically. A definit…

This is fascinating on the blowback from Brazil’s leadership of UN intervention force in Port-au-Prince Haiti to the favelas of Rio and the militarization of government in Brazil. opiniojuris.org/2020/05/01/the… https://t.co/NX61MKVotq

Brazilian military have recently taken on a wide variety of new roles in government. Interestingly, in @mdiplo @anmexico links this to role that Brazilian army played in commanding UN intervention in Haiti 2004-17 where they were a de facto government. monde-diplomatique.fr/2021/06/VIGNA/… https://t.co/qlJYH4HxvU

There has been a lot of reporting recently on the militarization Brazilian politics under Bolsonaro. This by @anmexico for @mdiplo is the best I have read so far. Judges police to be bigger threat than military. monde-diplomatique.fr/2021/06/VIGNA/… https://t.co/3zAjb23Wdi

To get to net zero the world needs capital. The average cost of capital for a wind project in Indonesia is about four times that of one in Germany. Investors and politicians in rich countries claim to want to help, but they are not yet doing enough. economist.com/briefing/2021/… https://t.co/f6Ts24x6sN

If I read this correctly, 40% of the “cost” of a car in 2020 is made up of electronics. Can that be true? bloomberg.com/news/articles/… https://t.co/saazbdtygn

Enel, an Italian utility, is the largest foreign investor in green energy in emerging markets. economist.com/briefing/2021/… spglobal.com/marketintellig… https://t.co/cYYcSlBs51

America is split right now along partisan lines and those two camps also feel very differently about how the economy is going. And the GOP folks are still feeling pretty sick! thedailyshot.com/2021/06/18/inv… https://t.co/MUcmMLIfNc

EM and low-income countries saw just $150bn in clean-energy investment in 2020, down 8% from a year earlier. In 2019 India attracted just $8bn less than a tenth of China’s total and a sixth of America’s. To reach net zero there has to be a huge step up. economist.com/briefing/2021/… https://t.co/6Dt26mUQid

RT @70sBachchan: @adam_tooze 2020-21 are La Nina years. That means correlated climate disasters around the world. Drought in Brazil, Arge…

There REALLY should not be a conversation about accelerating inflation in the Eurozone. Core CPI is 1%! thedailyshot.com/2021/06/18/inv… https://t.co/0r6HhRh4Pe

When will copper overtake coal as a global commodity? economist.com/briefing/2021/… https://t.co/4hiW7tzzNa

After Erdogan’s undercutting of the Turkish central bank, the Turkish lira is now trading near record lows. thedailyshot.com/2021/06/18/inv… https://t.co/W4ky6dvV1R

When things get complicated my historian brain wants a timeline. In latest Chartbook newsletter #23 I try to pull together the last six months of US China policy. What was once principally an economic relationship, is now dominated by State, NSC, DoD. adamtooze.substack.com/p/chartbook-ne… https://t.co/LOfal7DSWN

RT @ZakiLaidi: Not surprising at all! The new administration made clear from day 1 that trade was not its priority! #Biden #USA #blinken ht…

Investment in new projects for lithium, nickel and copper were rising before the pandemic, but at less than $25bn the figure in 2019 was only about 5% of the amount invested on upstream oil and gas. economist.com/briefing/2021/… https://t.co/Tt8hxs7KVq

Oil is probing $75/bbl = remarkable bounce back. We cannot rely on the market. It will take concerted political action to make real the endgame for fossil fuels. thedailyshot.com/2021/06/18/inv… https://t.co/ehfAPR6Zc1

Wind turbines are "airliner-skyscraper-stick-insect hybrids" … GREAT writing in this @TheEconomist briefing on the material realities of renewable power. economist.com/briefing/2021/… https://t.co/3FPV5Qko9g

Grain prices have given up all their increases since the start of the year. thedailyshot.com/2021/06/18/inv… https://t.co/m8DyxPGRg6

How the news of the FOMC dot-plot affected the market for German Bunds. Yields jumped. thedailyshot.com/2021/06/17/mar… https://t.co/HQqANgw2cv

Fed putting 0.05% on reverse repo immediately popped private repo to above 0.05%. thedailyshot.com/2021/06/18/inv… https://t.co/YPymjzO6Ve

From Bonaparte to Myanmar L’art du coup d’État monde-diplomatique.fr/2021/06/PINSOL… Fantastic to see Grey Anderson’s brilliant study of the Gaullist coup of 1958-1962 that created the French 5th Republic featured in this @mdiplo essay by Dominique Pinsolle. https://t.co/54ar1OOzTn

All it took was for the Fed to offer 0.05% on its reverse repo facility to attract $235 bn from money market funds and banks immediately! Sucking cash out of the system. thedailyshot.com/2021/06/18/inv… https://t.co/Wbs71ROKwJ

On 21 April 2021 a group of right-wing French generals called for the Presidency to "return to honor" and "defend the nation". valeursactuelles.com/politique/pour… Why April 21? Because it is the 60th anniversary of the 1961 Algiers Putsch attempt. monde-diplomatique.fr/2021/06/PINSOL… https://t.co/rJFSMfA8Q6

One for those who savor a bit of reflexivity 2.0: Investors’ response to the Fed’s hawkish dot-plot was to unwind some of the reflation trades. In the rates markets, the curve steepener bets got unwound. Longer-dated Treasuries rallied. thedailyshot.com/2021/06/18/inv… https://t.co/N24Nb0ZrGI

Imports to the US are now a source of inflationary rather than deflationary pressure. Dollar weakness driving price increases. thedailyshot.com/2021/06/17/mar… https://t.co/Jnywqr65o0

RT @70sBachchan: 7/ If @BrankoMilan is right, (all signs here adamtooze.substack.com/p/chartbook-ne… are pointing towards it), then any cooperation on Cl…

One for those who savor a bit of reflexivity: Investors’ response to the Fed’s hawkish dot-plot was to unwind some of the reflation trades, which have become crowded recently. In the equity markets, inflation-sensitive shares took a hit thedailyshot.com/2021/06/18/inv… https://t.co/tA8tQwreR2

Enrico Baj. — « Il Generale », 1961, Alinari-Giraudon / Bridgeman Images Great illustration for a fascinating essay on the coup d’etat by Dominique Pinsolle in @mdiplo monde-diplomatique.fr/2021/06/PINSOL… https://t.co/WaoWMW2JQa

RT @UrbanFoxxxx: Aul Residential Complex, Almaty, Kazakhstan (1986, completed late 90s) Arch: B.Voronin, L. Andreeva. V. Vi, M. Djakipbaev…

Hydroelectric power accounts for c. 65% of Brazil’s electricity mix -> drought has curtailed electricity production. This has forced a switch to the more expensive thermal power, pushing up electricity prices for businesses and consumers b7 40% ft.com/content/958e31… https://t.co/tPCiL7rsQj

The magnificent mural that decorates the dome of the Bourse de Commerce building in Paris. dezeen.com/2021/05/21/par… https://t.co/td5hWHEhHc

The worst drought in almost a century has left millions of Brazilians facing water shortages and the risk of power blackouts. Agri centres in São Paulo state and Mato Grosso do Sul have been worse affected. São Paulo water supply at risk. ft.com/content/958e31… https://t.co/w75hjstHFG

If I read this chart correctly, it would seem that the Brexit shock that disrupted UK port traffic has worn off in a matter of months. thedailyshot.com/2021/06/17/mar… https://t.co/WRHkq365mk

RT @PhilippMattheis: This is a comprehensive sum up of how US policy under Biden has taken a stronger opposition against #China by @adam_to…

@PhilippMattheis Thanks.