ADAM TOOZE

The History and Theory of Capitalism Workshop at University of Chicago has a great line up with fascinating papers to download! voices.uchicago.edu/hcst/2020/11/2… https://t.co/VPhDqxn40v

Data from US satellite receiver company Trimble shows that capital cities in 165 of 195 countries, 85%, are observed more frequently by China’s Beidou satellites than by US’s GPS. US pioneered GPS back in 1978, but is now being overtaken. ft.com/content/58fd14… https://t.co/FtJBsszrHZ

Huachen Automotive Group, parent company of BMW’s partner in China, is in serious financial trouble -> tug of war with Liaoning provincial government that is rocking China’s SOE debt market. Huachen is not safe, who is? Sun Yu ft.com/content/ea36b9… https://t.co/tIVXFQDsUr

"When S&P hooked up a Datatron computer to Wall Street’s stock ticker machines to launch a continuously-calculated index of America’s biggest companies in 1957, it arguably signalled the beginning of finance’s electronic era.” Does @_John_Handel Know more? ft.com/content/cd9957… https://t.co/eqAjKYohgN

China’s great data firewall and emergence of “splinter net”, has not prevented China/Hong Kong becoming by far the largest nodes in global data networks. Crossborder traffic is twice that for US. Great infographics from @NikkeiAsia vdata.nikkei.com/en/newsgraphic… https://t.co/DBIzeBxHVL

RT @DanielaGabor: easy to forget that March 2020 gave us 'no government bond is safe in market-based finance' moment, after decade of US-c…

@DanielaGabor @crystalsimeoni @ma_jose_romero @Jmhaas THANK YOU … I find this debate both urgent and fascinating!

"A study backed by China’s environmental ministry has called for polluting Belt and Road projects to be placed on a negative list to encourage the country’s banks to avoid coal and other environmentally harmful investments along the route.” @cdcshepherd ft.com/content/ae57ef… https://t.co/pzGzkevWvv

Italy is set to receive 209bn euros in grants and loans under EU Next Gen plan (assuming EU can break Polish/Hungarian roadblock). But can Rome take advantage of the strategic opportunity this investment offers? Depressing by @FerdiGiugliano bloomberg.com/opinion/articl… https://t.co/oEmJqJjU9W

S&P Global’s $44bn purchase of IHS Markit combines two of the smaller players in a data market dominated by Bloomberg and Refinitiv. @RobinWigg @EricGPlatt ft.com/content/cd9957… https://t.co/iaVEcKGoVP

Ghana and Ivory Coast are causing Hershey, Mars, Olam of trying to avoid $400 per tonne living income differential by buying cocoa beans on futures market. Watch this story develop as you buy chocolate for the season! @neiLmunshi @EmikoTerazono ft.com/content/c7f126… https://t.co/gTGmoEtnzb

RT @PikettyLeMonde: A World of Public Debts. A Political History Congratulations to N. Barreyre/N. Delalande for putting together this grea…

Exxon’s historic write down of gas assets is up there with major losses booked by energy industry since 1st big oil price collapse of 2008. bloomberg.com/news/articles/… https://t.co/dpx4Q47lMT

RT @AmniRusli: @matt_levine @RobinWigg Monday’s announcement by S&P Global that it has agreed to buy IHS Markit – the large London-based fi…

U.S. Chemical Companies Face Few Legal Risks, and Mexican narco Cartels Bank On It Taminco illegally sold enough MMA to make $3.2 bn in methamphetamine. For that, it paid a fine of just $1.3 m, in one of only prosecutions of its kind ever. @CamSimpsonNews bloomberg.com/news/features/… https://t.co/L6yYn6wmd5

RT @SnoozeButtonBen: @adam_tooze Holy cow, I just ended a zoom class half an hour ago where I went on at length about how Exxon was going t…

Delighted to see the appearance of "A World of Public Debts: A Political History”. Heroic achievement of management, diplomacy and entrepreneurship by our editors @NBarreyre & Nicolas Delalande! twitter.com/NBarreyre/stat…

RT @NBarreyre: My warmest thanks to all the authors, who did so much more than "simply" write their own chapters in this project. Including…

ECB’s @Isabel_Schnabel urged politicians not to end fiscal support prematurely. “Absolutely crucial” that EU overcome Polish/Hungary roadblock asap. bloomberg.com/news/articles/… Echoes ECB Financial stability report I discussed in this @socialeurope piece. socialeurope.eu/light-in-the-t… https://t.co/nytHsOkOIV

Exxon – traditionally far more reluctant to cut book value of its business than other oil majors — disclosed it will write down N & S American natural gas fields by $17-20bn = industry’s steepest impairment since BP 2010 Gulf of Mexico oil spill bloomberg.com/news/articles/… https://t.co/HjlElfm9fA

Given press of events & flood of great charts, Chartbook Newsletter #6 will be back in all-chart mode for the mid-week issue, before returning to the March 2020 story on weekend. Sign up to receive great stuff on China, energy, tech in your email intro. adamtooze.substack.com https://t.co/4irbF2vRDY

High compliments for the Bloomberg team, from one who knows!!!! @jrandow @carolynnlook @WeberAlexander @JoergAsmussen twitter.com/JoergAsmussen/…

Herbie foundations commissions historical study on its Nazi past. Victory (of sorts) for @her_tietz campaign. But who do they commission? GUG! On whose history Werner Plumpe’s 40. Anniversary speech is telling! unternehmensgeschichte.de/files/2/Vom%20… ghst.de/pressemitteilu… https://t.co/3oczpV6Q1q

ECB has one more big decision to make in 2020. The balance on the Governing Council is decidedly dovish right now. Nice report on interview with @Isabel_Schnabel bloomberg.com/news/articles/… https://t.co/jMCA90YxZh

RT @Jorge_Tamames: Aquí @adam_tooze compara una posible recuperación europea con las pasadas. ¿Estamos en 2008 o en 2012? (Contexto: en 200…

RT @PeterVerovsek: And…published! Way too many people to thank, but Seyla Benhabib and @adam_tooze deserve a shout out. Please RT. Also…

RT @shinethelight76: @adam_tooze The have destroyed roads so farmers can not travel to Dehli, 30 unions from different states organising it…

Winner takes all? US small caps underperformed to historic degree since 2019. Now rebounding fast as investors seek some diversity in their portfolios. thedailyshot.com/2020/11/25/the… https://t.co/ep0xttAzAX

India’s gov is pushing through who changes to management of its GIGANTIC agricultural sector and this is stirring protests in Delhi. Underreported story given HUGE scale of the sector. bloomberg.com/news/articles/… https://t.co/cQwX3n8nrH

RT @LukasLehner_: New #OECD #EconomicOutlook projections: More upbeat than in the June projection but still grim. China is the only G20 c…

Bond market neatly reflects ambiguous situation of Euro Area. ECB is in the market and supporting Italy -> yields down to record lows. On other hand, crisis is real and Italy is struggling to come up with a recovery package -> spread to Bunds elevated. bloomberg.com/opinion/articl… https://t.co/WVINQfiHrV

@ted_knudsen @Change Interesting. But have you seen who they have commissioned to do this! GUG …. On which institution Werner Plumpe is quite cutting: unternehmensgeschichte.de/files/2/Vom%20…

Cliff-edge risk: What if Europe is in 2009? Not 2012? A column in @socialeurope for @Erik_Jones_SAIS socialeurope.eu/light-in-the-t… https://t.co/EQh7j10jKU

RT @northumbriana: ICYMI: the ‘Chant des Partisans’ at Les Invalides for the French Resistance hero Daniel Cordier. He was Secretary to Jea…

Really looking forward to this conversation with @GermanAmbUSA Emily Haber: In her pathbreaking career, before her move to Washington DC, Amb Haber serve as State Sec in the Berlin Interior Ministry in the frontline of the refugee crisis of 2015-6! Remarkable. twitter.com/GermanyNY/stat…

@ronmartinez @yayitsrob Precisely!