Is the upswing in the euro driven by the summer NextGenEU deal finally going to reverse. If so that will surely come as a relief to the ECB and the eurozone! @johnauthers bloomberg.com/opinion/articl… https://t.co/k7pI4oEmP5
In march 2021, “IG corporate bonds yield 96 basis points > U.S. Treasuries, only 20 basis points higher than all-time low of past two decades. On March 23, 2020, that spread peaked at 373 basis points, a level rivaled only by 2008 crisis” @BChappatta bloomberg.com/opinion/articl… https://t.co/zFoxpUryF2
Getting to net zero is going to leave some nations stranded. This is where energy transition realism gets real! Sign up for Chartbook Newsletter here: adamtooze.substack.com/p/chartbook-ne… Beautiful graphics from @MaplecroftRisk maplecroft.com/insights/analy… https://t.co/AULwi7DTLx
"most oil-producing countries have failed to diversify – or have gone backwards – since the 2014 oil price crash. Whether in or out of OPEC, most exporters doubled down on production in the years after to try and plug revenue gaps.” @MaplecroftRisk maplecroft.com/insights/analy… https://t.co/6czk6LVRQo
How realistic is net zero by 2050? I reviewed some European assessments in latest chartbook newsletter #17 adamtooze.substack.com/p/chartbook-ne… Here is a big piece of the US puzzle: gspp.berkeley.edu/faculty-and-im… https://t.co/fS21Bn0fec
India pivots to US as oil supplier after Saudi rebuffs Delhi’s calls to ease production cuts that have been propping up global oil price. India imports 80% of fuel needs for its 1.4 bn people. Interesting new geometry this! @70sBachchan @policytensor ft.com/content/9efef3… https://t.co/ucFMLGiJMs
Is this where Bolsonaro and business part ways? Prominent business leaders, including a former central bank chief, bankers, and economists on Sunday signed an open letter to the Brazilian government, demanding it take stronger action on covid. ft.com/content/77cf36… https://t.co/LpHPUzFK9g
RT @StuartElden: Great to see my next Foucault book listed alongside the two previous ones in the new @politybooks philosophy catalogue – h…
RT @ArtistFouquet: Self-Portrait, 1450 #northernrenaissance #jeanfouquet https://t.co/nS1RoxWzxH
RT @ArtistFouquet: A re-imagination of Louis III and Carloman's 879 victory over the vikings, 1481 #fouquet #northernrenaissance https://t.…
RT @ArtistFouquet: Cases of noble men and women, 1460 #jeanfouquet #fouquet https://t.co/isolHVigXA
RT @AntonJaegermm: Crypto not as a neoliberal future but a full-on return to medieval money regimes https://t.co/bnRfx90eFB
RT @doctorow: Auferstehungskirche (1964-66) in Ulm, Germany, by Heinz Rall with Bernhard Münch & Helmut Wurm germanpostwarmodern.tumblr.com/post/646565253… https:…
RT @BrankoMilan: 4 Asian middle classes are displacing Western middle classes who, from early 19C, were almost fully populating the richest…
RT @BrankoMilan: In my today's IMF Firechat talk, 5 key points re. our new "mental world" of global inequality: 1 China's growth will no lo…
RT @DivasterGujral: It's finally here, the Mahatma X Late Capitalism mashup you've all been waiting for https://t.co/QLPC61qazN
RT @arohelmet: The case for climate realism by @adam_tooze : "The incremental additional investment needed is some €5.4 trillion over 30 ye…
RT @zevin_a: I’m thankful for the generous notices the book has received, some of which grace this version – from @adam_tooze, @PriyamvadaG…
RT @zevin_a: Liberalism at Large is now a lot lighter. The paperback version of my book is out in stores and from Verso for 30% off: https:…
US banks have by far the largest outstanding volume of fossil fuel loans. ft.com/content/c1e31c… https://t.co/5rZ4CQ7xRT
RT @lucieazm: L'Inde vue par l'artiste japonais Hiroshi Yoshida au XXe siècle. Fabuleux mélange d'influences https://t.co/XtNqHPan1y
On fossil fuel policies, big American banks have a long way to go to match European competition. They also have much bigger fossil fuel exposure to unwind. ft.com/content/c1e31c… https://t.co/xRC1tnnt8W
Global banks provided $750bn in financing to coal, oil and gas companies last year. $3.8trn since 2016. BNP surged fossil lending despite Paris pledge. JP Morgan and Citigroup are largest overall fossil lenders. ft.com/content/c1e31c… https://t.co/Dk93hzbTO9
Surgutneftegaz: Russia’s fourth-largest oil producer pumps out more than 10% of country’s crude, has barely any debt and a cash pile of about $50bn. But investors value it at just $20.5bn. Why? Because no one really knows who owns it! @HenryJFoy ft.com/content/83fc0f…
"If we assume global herd immunity requires 2 doses of vaccine for 75 % of the world’s 6bn adults, some 9bn doses need to be delivered. As only about 450m have been delivered so far, the chances of 9bn jabs being administered by the end of 2022 look small” ft.com/content/cf2d5a… https://t.co/BhXV247iW0
US economy is now projected by Q4 2021 to be ahead of its pre-crisis prediction v. -3% for world and -4% for Eurozone. ft.com/content/cf2d5a… https://t.co/WSrRJdDsxO
Incoming boss of OECD – conservative Australian – sides with Kerry in warning EU against carbon border adjustment. Does so in name of allowing countries to go their own way on decarbonization. Bad news! ft.com/content/6adde5… https://t.co/yBmwvoGvum
The 1994 bond market massacre saw a surged in yields but it was no crushing blow to employment. bloomberg.com/news/articles/… https://t.co/eEOrKRze2v
Taiwanese TSMC’s dominance of most sophisticated microchip production is dramatic. ft.com/content/052069… https://t.co/JfP8aFhK0P
"Turkey’s money market showed signs of stress on Tuesday” ft.com/content/5bdba8… https://t.co/12Wt6ytTD6
@RobbieGramer Also on China. German Greens are most hawkish party on a bunch of foreign policy/values issues.
RT @tracyalloway: The Suez Canal, one of the busiest waterways in the world, has been blocked by a giant container ship that got stuck. Yo…
@jeannemarieM3 @NilSantianez There are people leading Grossman reading groups? How cool …. It is the kind of book that makes you feel like you need support!
@stoneandthestar @jeannemarieM3 @NilSantianez You are right to be. I was stopped in my tracks the other day. A freight train of a book!
RT @edbrophy: There is no more important arena in which to debate the question of how progressive politics should relate to realism than th…
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