ADAM TOOZE

The demand shock of COVID-19 compounds a horrible slide in Bloomberg’s agricultural commodities index which has tak… https://t.co/3yo3IMktdo

In February 2020 the Eurozone trade surplus reached a record 25.8 bn euros = sign of persistent imbalance in macro… https://t.co/TB77C7rVVi

China experienced a net capital outflow of c $19bn in March. But this is modest compared to the huge drain in 2015.… https://t.co/giqzcrsEUR

NEVER forget Groucho! https://t.co/h7dVu2IzXD

Amongst the Gulf oil states the weak link are Bahrain and Oman which are rated junk by the three major credit asses… https://t.co/7RDsjNO05J

Was really quite exciting to record a session with @TheStalwart & @tracyalloway this morning for their legendary p… https://t.co/qhfeAXAL9y

It isn’t just the Western oil majors that are rushing to issue bonds and draw down credit lines, the major Gulf oil… https://t.co/hESM66Kh0o

After the goodwill shown towards low income debtors in the moratorium proposed by the G20 and supported by @IIF , p… https://t.co/sZGBYPpmek

CLO nemesis? Will a wave of downgrades overwhelm safeguards that were put in place to ensure the securities’ financ… https://t.co/V6TkhK03na

It was only a matter of time: Christine Lagarde as Euro-woman, savior of the common currency. @martinwolf_… https://t.co/YQVxssaD0u

The European Council on Thursday is a moment of truth, unlike most events that are billed as moments of truth. It w… https://t.co/EYqkKMqbFN

As the energy markets reels from the COVID-19 shock natural gas prices in Asia have fallen to match those of coal s… https://t.co/G8CLBqLGgE

From a peak of 500 the number US fracking crews is plunging to levels last seen at the bottom of 2014-6 slump.… https://t.co/cZ9Ce3NUVo

The surge in oil stored both on land in places like Cushing and afloat in giant oil tankers reaches historic dimens… https://t.co/rHho4Y85uc

The demand shock of COVID-19 compounds a horrible slide in Bloomberg’s agricultural commodities index which has tak… https://t.co/nBxn7OFhN0

Central bank liquidity swap lines outstanding are not at peak 2008 levels but they are not insignificant. Apropos o… https://t.co/PfgMcjIK5F

If the relative movement of central bank balance sheets is a rough indicator of monetary policy -> should be invers… https://t.co/rNOgL8asKd

“The biggest thing that has stopped the market from falling is the Fed’s intervention and their multi-asset way of… https://t.co/qkokwZbObX

And this .. on Where’s Your Cup by Henry Threadgill & Make a Move is mind-blowing, rocking, lush, orchestral … well… https://t.co/bQon1rC0tW

Cash reserves: in the last two weeks of March many of the oil majors raced to issue bonds and pull down credit line… https://t.co/eYe0kgu3zl

@DanielaGabor @jonsindreu @BJMbraun @HelenHet20 Hi both want to return to this fascinating exchange shortly. Apologies for long absence …

Algeria is on track this year to run a budget shortfall of 20% of GDP Current-account deficit larger than defaulted… https://t.co/sKfVxqUMFn

Fun conversation this with @schieritz of @DIEZEIT https://t.co/h0CMMUH2EY

Algeria needs an oil price of over $157 a barrel just to balance its budget. @Massinissa1973 @AbeerAO1… https://t.co/Vo83njr3iX

Oil/COVID-19: The shock to the growth forecasts for stressed oil/gas exporters Iraq and Algeria (down 10% and 5%),… https://t.co/i4IqlGlaDF

Uneven and combined development: the benefit of oil price collapse for oil importers is widespread but small. For t… https://t.co/eNoUJF8xsG

In 2007 processing trade, in which China imports parts and materials and processes for external final destinations… https://t.co/jLMtCcZxXz

People smuggling prices from Turkey to Europe: $8,775 – 16,450 by air with false papers. $2,200 and $6,600 by sea f… https://t.co/SIKOU9VsRd

“Independence doesn’t mean having to say no to a request for direct monetization,” says Willem Buiter “It means yo… https://t.co/5nsoAag7h2

"Don't buy a barrel of oil," the broker said. "It'll kill you.” @tracyalloway hilarious 2015 account of her attempt… https://t.co/2yf7dx5SCB

Field-replacement/maintenance on the V12 twin turbo 1500 hp diesel powerpack on a #PLA Type 99A #MBT. #tanks #armor https://t.co/ikg5IDh7Zz

Following today's depressing @ONS deaths data, a bit of context. Each grey dot is a week from 1970 to 2019. Red lin… https://t.co/I0gSjAMa2U