The @rebuildmacro material by @DanielaGabor and so many other brilliant colleagues LOOKS wonderful. But the website is HORRIBLE. Slow, clunky, hard to navigate and refusing to download papers. Please fix this! @ESRC rebuildingmacroeconomics.ac.uk/managing-super… https://t.co/xzEzt0Ar7C
BNP, Soc Gen and Natixis all took big risks in the hugely competitive equity derivatives market and have been hit with heavy losses. Only BNP has the scale to take the losses in its stride. Could presage major restructuring. @ElisaMartinuzzi bloomberg.com/opinion/articl… https://t.co/Vou59prPcY
RT @MilHistNow: On this day in 1864, Rear Admiral David Farragut's Union fleet attacks Mobile Bay. "Damn the torpedoes, full speed ahead!"…
RT @Birdyword: About 40 Chinese correspondents dispatched to the US by Xinhua, the People’s Daily, China Central Television, China Global T…
@zeithistoriker @njtmulder @Intetyst @ForeignPolicy I wonder who was responsible for the original translation and what its context was.
The story of the financial backing for the Oxford COVID vaccine reads a bit like Inspector Morse crossed with Game of Thrones oh and Huawei and Alphabet (i.e. Google) are tangled up in it too. Great stuff form @jennystrasburg wsj.com/articles/if-ox… https://t.co/rV4n6nHvE3
As measured by shares of GDP (which is exploding in size) the story of Chinese economy since 1990 is that of rise of service sector at expense of agriculture and to a lesser extent industry. chuangcn.org/2020/06/measur… https://t.co/JJjmmzzu2Q
This analysis of the Polish political scene after the latest PiS victory by Cyryl Ryzak for @DissentMag is truly outstanding. HIGHLY recommended. dissentmagazine.org/online_article… https://t.co/MTMgEdbUU8
Lat Am Lowflation: Number of countries with inflation of less than 3% has risen from 6 to 24 between 2006 and 2020. @eclac_un repositorio.cepal.org/bitstream/hand… https://t.co/dNSXNsJLSk
A New lost decade: after stagnating since 2014 ECLAC warns that Lat Am & Carib GDP per capita will slump in 2020 to levels last seen in 2010. repositorio.cepal.org/bitstream/hand… https://t.co/JS296D23XZ
The concentration of Lat Am & Carib on food exports is striking: 58% of Argentine exports 37% of Brazilian. repositorio.cepal.org/bitstream/hand… https://t.co/VzddJ9J4ev
ECLAC warns that number of people in Latin America & Carib living in extreme poverty may surge to 83.4 million in 2020. repositorio.cepal.org/bitstream/hand… https://t.co/x1ZzaOqxDC
The story of the financial backing for the Oxford COVID vaccine reads a bit like Inspector Morse crossed with Game of Thrones oh and Huawei and Alphabet (i.e. Google) are tangled up in it too. Great stuff form @jennystrasburg wsj.com/articles/if-ox… https://t.co/CNYTTQDVkC
As measured by shares of GDP (which is exploding in size) the story of Chinese economy since 1990 is that of rise of service sector at expense of agriculture and to a lesser extent industry. chuangcn.org/2020/06/measur… https://t.co/q2OUT1Tv3I
This analysis of the Polish political scene after the latest PiS victory by Cyryl Ryzak for @DissentMag is truly outstanding. HIGHLY recommended. dissentmagazine.org/online_article… https://t.co/YId0kHk5xU
Lat Am Lowflation: Number of countries with inflation of less than 3% has risen from 6 to 24 between 2006 and 2020. @eclac_un repositorio.cepal.org/bitstream/hand… https://t.co/XjLmKMY3sG
A New lost decade: after stagnating since 2014 ECLAC warns that Lat Am & Carib GDP per capita will slump in 2020 to levels last seen in 2010. repositorio.cepal.org/bitstream/hand… https://t.co/P2kbpp5dMq
The concentration of Lat Am & Carib on food exports is striking: 58% of Argentine exports 37% of Brazilian. repositorio.cepal.org/bitstream/hand… https://t.co/qUNtShkc65
ECLAC warns that number of people in Latin America & Carib living in extreme poverty may surge to 83.4 million in 2020. repositorio.cepal.org/bitstream/hand… https://t.co/QSGTJZCCCV
China holds 57% of global rice and maize stocks. repositorio.cepal.org/bitstream/hand… https://t.co/GDLpymErfn
Republican China Hawks Secretly Approaching Team Biden – this is quite a sinister report on alignment of Republicans who opposed Trump’s Phase I trade deal with Biden campaign. @ErinBanco @HCTrudo thedailybeast.com/republican-chi… https://t.co/NhvU9onXbx
RT @nils_gilman: @adam_tooze That thread in part turned into this: noemamag.com/the-long-shado…
@Brad_Setser @arebucci1 @HyunSongShin Unless you are willing to tolerate a fair measure of devaluation?
RT @irl_neil: fyi, the dailyshot newsletter is like the one email newsletter actually worth subscribing to. especially if you are a child l…
How America’s insurance industry builds its 1/3 stake in the CLO market. Some of the smaller players with riskier bets may face big losses. bloomberg.com/news/articles/… https://t.co/aLC1MkJal6
@arebucci1 @HyunSongShin That is what several EM have begun to do in this crisis.
Investment-grade corp bonds have become a commoditized asset class, given Fed's $750 billion pledge to purchase a broad index of securities to support “market functioning” & provide direct financing as a last resort. -> yield falls below 2% for 1st time. bloomberg.com/opinion/articl… https://t.co/ZjII4ZMOwX
America’s lowest rated CCC junk bonds have exited distressed-debt 10%-spread territory for first time since February. bloomberg.com/news/articles/… https://t.co/yzJcbUL6uZ
There is general agreement that in the period March 9-23 this year, sovereign bonds markets suffered a near fatal heart attack. The funny thing is that amidst the overall decline in rates, the scale of the swing and the dislocation is barely visible. oecd.org/finance/Sovere… https://t.co/yrRbJBdLsG
This brisk and lucid summary of Sartre’s dense and labyrinthine Critique of Dialectical Reason by Robert Boncardo for @VersoBooks is outstanding! versobooks.com/blogs?post_aut… https://t.co/9JSOqQDCHY
Eyeballing these @OECD data, c. 67.5% of all AE debt issued Jan-May 2020 was issued by the US. One for @SoberLook oecd.org/finance/Sovere… https://t.co/zLjFlqpsvG
RT @ianbremmer: A grain silo in Beirut. After yesterday’s explosion, Lebanon has less than a month’s grain reserves left. https://t.co/dj…
RT @OBraet: @adam_tooze @Intetyst @ForeignPolicy Unoverviewability is the literal translation, for what it’s worth. Same word in Dutch is t…
Saudi Arabia has constructed with Chinese help a facility for extracting uranium yellowcake from uranium ore – presumably to circumvent US restrictions on its nuclear ambitions and as a hedge v. Iran. wsj.com/articles/saudi… https://t.co/c99Nxzvadp
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