ADAM TOOZE

RT @art__haus: Edmund C. Tarbell Across the Room https://t.co/UqRQb9IM6c

China’s recent campaign for “civilised law-enforcement” by chengguan—poorly paid, widely disliked city-management officers who enforce local regulations in urban areas – has made life of informal traders somewhat more tolerable. economist.com/china/2020/09/… https://t.co/eq6epYaWFS

The $ right now is declining v. AE & appreciating v. EM currencies -> will exercise a squeeze on EUR/JP without providing relief to EM. In fact their costs of debt service are going up. ft.com/content/83c166… https://t.co/CIAkKVt3AC

In the process of uncoupling the US and Chinese economies, the real pain will be less in conventional trade than in sales of US affiliates and firms in China from production in China. @Gavekal via @SoberLook https://t.co/9OrJbkyGtw

EM borrowers face painful spike in $-denominated debt payments, at a time when their currencies have depresciated v. dollar. @ChrisGiles_ @eva_szalay ft.com/content/83c166… https://t.co/MeOgsCbDia

"Cogent if overheated arguments, frequently disingenuous and/or politically impractical solutions. On this showing Lighthizer has a great future as an opinion columnist. But actually fixing the WTO will take more nuance and even-handedness.” @alanbeattie ft.com/content/161d90… https://t.co/Lm4EdpqSYU

The Euro area has seen a 339 bn EUR increase in bank deposits by central governments = stimulus money that is waiting to be spent but instead is being hoarded. h/t @EuroBriefing twitter.com/PeterBofinger/…

RT @ForeignPolicy: We live in a world in which rationalism and skepticism are turning on themselves, FP’s @adam_tooze writes. To that, the…

RT @tplohetski: BREAKING: Travis sheriff's office releases official information about @realDonaldTrump boat parade: – 5 boats sank, 2 towed…

RT @thegreatkellino: So pleased that ⁦@deniseacruz⁩, ⁦@mervatim⁩, and ⁦@adam_tooze⁩ will join me to discuss EXTRATERRITORIAL on November 16…

RT @BBCArchive: #OnThisDay 1979: The one and only Fred Dibnah gained national attention, in the not for the faint-hearted documentary, Fred…

This year alone about 1m Congolese have been displaced by violence. Over 100 armed groups continue to operate in Eastern regions. economist.com/middle-east-an… https://t.co/L7UDBMwPyq

Egyptian legal authorities are prosecuting 54m people, half its population, and fully 86% of the electorate for failing to vote for upper house of parliament. Fine is 500 pounds ($32). If people paid -> 27bn pounds, 1% of its annual budget. economist.com/middle-east-an… https://t.co/kLenduXoaE

Wow! @NaomiAKlein Brother @SethDKlein wrote a book about how Canada can learn from WWII experience in responding to climate crisis. I dont think I am going to be able to resist including this in the “Klein” session of my anthropocene & history course. sethklein.ca/book https://t.co/rbbrLhKRSu

In 1864 George Perkins Marsh, published Man and Nature, revised in 1874 as The Earth as Modified by Human Action. In 1873, geologist Antonio Stoppani defined a new time interval as the ‘Anthropozoic era’. Ellis, Erle C.. Anthropocene: A Very Short Introduction https://t.co/thzuR6HKXn

Copernicus: On 4 June 1539, Martin Luther discussed with his disciples ‘a certain new astrologer who wanted to prove that the Earth moves and not the sky, the Sun, and the Moon’. It did not go well. https://t.co/7RtwaiaYoN

Distribution & total fission & fusion yields, in megatons, of atmospheric nuclear weapons tests (red); & location of significant nuclear accidents/discharges (blue); with superimposed latitudinal variation of strontium 90 fallout, in becquerels per m2. ib.berkeley.edu/labs/barnosky/… https://t.co/oTlQC0EylE

Peak year of radioactive fallout since the beginning of the nuclear age? 1964. Based on carbon 14 signatures. ib.berkeley.edu/labs/barnosky/… https://t.co/oDF2cb7hBC

In 1970s Whitehall feared a UK ban on mercenaries would inhibit supply of loan service personnel to Oman (225 in 1977) -> UK did not pass a domestic ban on mercenaries. A secret exchange of letters agreed rules of “military services”. @declassifiedUK dailymaverick.co.za/article/2020-0… https://t.co/bHMKNL06de

UK’s Ministry of Defence loans 285 personnel to 15 different militaries around the world. 1/3 of personnel are based in Oman. Saudi Arabia receives 33 British Kuwait 30 and Brunei 27. Active legacy of final retreat from East of Suez in early 1970s. dailymaverick.co.za/article/2020-0… https://t.co/obN9xv3Mms

Le Plan ou l’anti-hasard: Perre Massé’s response, in 1986, to the suggestion of abolishing Jean Monnet’s Commissariat général du Plan was fabulous: «supprimer le Plan au nom d'un libéralisme impulsif serait priver le pouvoir d'une de ses armes contre la dictature de l'instant ». https://t.co/cmWsl28RyT

Le choix est simple: modernisation ou décadence Jean Monnet https://t.co/IX2SOxeL82

Reliance Industries is India Inc’s undisputed champion. It now accounts for 18% of the market value of India’s 30 biggest firms and has secured $20bn in foreign investments in Jio, its mobile-network-turned-digital-platform, including from Facebook & KKR. economist.com/business/2020/… https://t.co/n6ibzE4YVR

"Fax machines have stuck around in a digital age due to legal requirements in the healthcare and legal systems. While only certain kinds of signatures can be accepted over email, fax is a legally-valid method of sending a signed document." qz.com/1489362/the-uk… https://t.co/fGjwDObO7K

France abolished the Commissariat général du Plan established by Monnet in 2006. A successor body, known as France Stratégie, scarcely mentioned the word Plan at all. Now planning is back, but not as France once knew it. economist.com/europe/2020/09… https://t.co/0zLKvPYWBL

Who the top 68 Wall Street figures (all men I believe) give their money too. Would be great if @TheEconomist @DuncanWeldon could publish the underlying data on basis of which you made this selection. Very interesting! economist.com/finance-and-ec… https://t.co/Tm57Fe3vnB

Everyone is rolling out 5G but not all 5G is the same. Download speeds vary enormously. Britain’s 4G was compared unfavorably to Albania’s and its 5G isnt much good either. economist.com/britain/2020/0… https://t.co/7PQq4ugrXD

China entirely dominates the drone manufacturing industry. ft.com/content/0b5101… https://t.co/PwV4RXJJzv

Who are Wall Street’s elite? Bosses of banks like JPMorgan heads of some hedge funds, PE shops, asset/wealth managers Billionaires who earned their wealth in finance, e.g. Bloomberg = 68 people (men?) worth $310bn manage firms assets > $32trn. Agreed? economist.com/finance-and-ec… https://t.co/1Cs0IUxwGh

The EU Commission: politicians or technocrats? @TheEconomist Charlemagne proposes that the most honest answer is, “a contradiction”. Nice column. economist.com/europe/2020/09… https://t.co/9p6MGA1pFu

At height of COVID shock end March 2020, website of INPS, the Italian social-security office, received 300,000 applications for welfare in a single day. It crashed. Some of those who could access it were shown other people’s data. Hackers preyed on it. economist.com/international/… https://t.co/A9tloX1V6C

China leads the world in ecommerce, drone manufacturing & permissive regulation -> JD.com and Alibaba far ahead of Amazon in deploying delivery drones/robots. ft.com/content/0b5101… https://t.co/EW0Q7BM1NP

The UK”s NHS remains among the world’s biggest operators of fax machines (8200 in 2018). Plan to create a unified digital system of patients’ records was abandoned a decade ago, after $12.5bn was spent on it. No further attempts have been made. economist.com/international/… https://t.co/ioblVJtXV3

In 2001, Naspers, a South African media group paid $32m for a 47% stake in Chinese startup, Tencent. 2019, Naspers lists Prosus in Amsterdam. Thanks to $208bn stake in Tencent, it is Europe’s 4th largest firm! But you could buy it for $167bn!? Weird world economist.com/business/2020/… https://t.co/3lxMkIoxC3

In the 18th and early 19th centuries Gwennap parish was the richest copper mining district in Cornwall, and was called the "richest square mile in the Old World” en.wikipedia.org/wiki/Gwennap https://t.co/mponWUAtkX

RT @oldlondonnow: 1905 #London celebrates Battle of Trafalgar Centenary. (original Postcard images & area map 1847 via @StanfordsTravel Cov…