“This has been one of the worst years for dollar performance in the history of free-floating exchange rates,” giftarticle.ft.com/giftarticle/...

My two cents: Anyone who has worked with data knows that analytics involves a lot of repetitive manual tasks—essentially the intellectual, well-paid equivalent of wood chopping. In the short run, automating those functions will require organizational changes, but we'll get used to it.

The main obstacle to peace is the Russian army being in another country uninvited. Everything else is BS!

The price of silver surged more than 4% and crossed the $75-per-ounce mark for the first time as precious metal prices continue a record-breaking rally.

Interesting figure but two questions: How do you measure that? Why is Portugal the complete opposite of Spain?

Underrated fact: even if Russian GDP is growing due to the war economy, normal Russians are worse off due to inflation, sanctions and a redirection of labor and capital from goods and services towards military production lines. Even if you don't hear much about it, discontent is growing.

"Waller said he would “absolutely” emphasise the importance of Fed independence to the president" while promising lower interest rates to get the position. ... That's not how independence works! #Fed giftarticle.ft.com/giftarticle/...

"Waller said he would “absolutely” emphasise the importance of Fed independence to the president" while promising lower interest rates to get the position. ... That's not how independence works! #Fed giftarticle.ft.com/giftarticle/...

Study on residential heating systems: The best option is an air-to-water heat pump paired with rooftop solar panels. "This configuration consistently outperformed fossil systems and even more complex hybrids, offering 17% fewer emissions and 6% lower lifetime costs than a modern gas boiler."

this is one of the most psychotic things Trump has ever posted

Study on residential heating systems: The best option is an air-to-water heat pump paired with rooftop solar panels. "This configuration consistently outperformed fossil systems and even more complex hybrids, offering 17% fewer emissions and 6% lower lifetime costs than a modern gas boiler."

Jamie Dimon signals support for Kevin Warsh in Fed chair race. Normally I would say Kevin Warsh is a terrible choice for Fed chair and who cares what Jamie Dimon thinks about it. But we live in times were up is down and Warsh might actually be the better choice. giftarticle.ft.com/giftarticle/...

I can't read the article but I agree on different levels: 1. Many lawyers only tell you why you can't do something instead of telling you how you can actually achieve your goals. 2. They take a very narrow German approach also to international law. 1/6

"Some #Fed officials had expressed concern that rates in the repo market, which forms a vital part of the financial system’s plumbing, had repeatedly become unmoored from other borrowing costs the central bank sets." giftarticle.ft.com/giftarticle/...

Es gibt brisante neue Details zu einer nicht-öffentlichen Version von Trumps Sicherheitsstrategie. Die USA sieht die EU als Rivalen, den sie schwächen, nicht stärken will. Die größte Gefahr für den Kontinent aber geht von ihm selbst aus. Kommentar @t-online.de www.t-online.de/nachrichten/...

Yes, I might be a hopelessly naive European but especially with an independent institution like the ECB the nationality of its president should not matter! Though, Isabel Schnabel would definitely be a good choice for the job. giftarticle.ft.com/giftarticle/...

"Hassett, the director of Trump’s National Economic Council, remains in pole position to succeed Powell as chair in May, despite concerns among some Wall Street investors that he is too close to the president and could cut interest rates too aggressively." giftarticle.ft.com/giftarticle/...

Wer es nochmal schwarz auf weiß bräuchte ... 🙄 Ein paar Kandidaten werden es aber wohl weiterhin nicht verstehen.

Be ready to fill US void in Europe after fresh Trump security shift, warns EU defence chief

Excellent piece! "The pardon of Hernández is one of dozens issued by the US president over the past year to an array of convicted fraudsters, drug traffickers, tax evaders and unregistered foreign agents that have upended the American justice system" giftarticle.ft.com/giftarticle/...

Fascism is so cringe!

"The ECB’s internal analysis concluded that the commission proposal was equivalent to providing direct funding to governments, as the central bank would cover the financial obligations of member states." giftarticle.ft.com/giftarticle/...

Major General Maik Keller, deputy commander of NATO’s Support and Training Staff in Ukraine, told Welt that an end to the war is "not in sight yet." He credited Ukraine’s continued resistance in part to NATO’s role, especially in coordinating and securing supplies.

A never ending story. Maybe demand is now high enough for two types of fighter jets. The US has different jets as well.

If I haven’t lost count entirely, this was the fourth time Europe was fooled. So yes it’s about time to finally figure out our own strategy instead of putting all energy into humouring Trump.

Seriously, who asks other people via email for dating advice? And how close do you need to be to ask something like this? So many questions... Lawrence Summers steps down from OpenAI board over Epstein emails - on.ft.com/4i5pkkM

"After a slow start, 2025 is shaping up to be the biggest year for M&A activity since the pandemic-era boom of 2021" And Goldman Sachs is involved in 34% in value. on.ft.com/3LF5rFf

"Tech stocks on Wall Street fell sharply on Friday, deepening a global sell-off sparked by concerns over high valuations of companies linked to artificial intelligence and the trajectory of US interest rates." on.ft.com/47HzAfI

www.politico.eu/article/epp-... Apart from the substantive damage to the EU's green agenda, this is an extremely worrying development: the centre-right (EPP) is demonstrating its willingness to get into bed with the hard right. This opportunism puts the pro-European, pragmatic coalition at risk.

Grüne fragen nach Raumfahrt-Plänen der Bundesregierung Die Fraktion Bündnis 90/Die Grünen thematisiert in einer Kleinen Anfrage (21/2004) die Pläne der Bundesregierung im Bereich Raumfahrt.

"The bank has started talks with the building’s owner, Samsung SRA Asset Management, over options that could lead to it extending its lease or leaving when it expires in 2032, according to two people familiar with the matter." But they will stay in Frankfurt. on.ft.com/439dHDc

The best way to get wider global USD adoption is to get rid of Trump! He is undermining the independence of the Fed and the rule of law, he is talking about devaluation of the USD, he is erecting trade barriers in unpredictable ways... I could go on. All of this is not helpful! on.ft.com/4hHZTpl

"Only about 5,000 of the 15,000 or more private capital firms that exist today had successfully raised funds in the past seven years, Per Franzén, chief executive of Sweden’s EQT, told the Financial Times." on.ft.com/4nxwW0o

Once again, the arsonist demands praise for his firefighting skills www.wsj.com/world/china/...

Ernste Frage: Wer will 2035 noch Verbrenner kaufen?

📣THREAD: It’s surprising to me that so many people were surprised to learn that Signal runs partly on AWS (something we can do because we use encryption to make sure no one but you–not AWS, not Signal, not anyone–can access your comms). It’s also concerning. 1/

Wenn das Baerbock passiert wäre, würde Deutschland wochenlang darüber reden wie unfähig sie doch sei. www.dw.com/de/diplomati...

"With almost exuberant joy, #Merz announced after the summit that all EU leaders had voted in favor of signing the #Mercosur deal. ... The problem: the major breakthrough that the Chancellor prematurely announced was not true at all." www.politico.eu/newsletter/b...

The car crisis tops today’s EU summit but leaders keep staring at the wrong problem The issue isn’t the 2035 engine ban - it’s demand falling off a cliff today With @sandertordoir.bsky.social and @lucasguttenberg.bsky.social, we show why flipping regs won’t help - and what the EU can do instead.

IMF: “Valuation models show risk asset prices well above fundamentals, raising the risk of sharp corrections,” “Markets appear complacent as the ground shifts.” on.ft.com/43sre91

Reminder: #Orban is not on our side.

FT Investigation: How the Trump companies made $1bn from crypto. Some great work here www.ft.com/content/2ea2...

"Lithium-ion battery costs have also fallen — by 90 per cent since 2010 — a drop that Artem Abramov, deputy head of research at energy consultancy Rystad, says is likely to continue." ig.ft.com/mega-batteri...

I wrote about Peter Thiel’s lectures on the Antichrist and how the fact that there’s a strong chance Thiel thinks Greta Thunberg is the literal Antichrist isn’t even the weirdest thing about them — at the @theguardian.com www.theguardian.com/technology/n...

Es gibt ja viele Gesetze bei denen man sich über Notwendigkeit und Auswirkungen streiten kann, aber dass Veggie-Wurst Verbot ist einfach nur dumm! Es hat keinen anderen Zweck als die andere Seite anzupassen. Es ist die europäische Version von "own the libs".

Die Asylzahlen sinken seit Ende 2023 aus geopolitischen Gründen. Dennoch behauptet die Merz-Regierung, es läge an ihrer rechten Politik, die viel kostet und nichts bringt, außer die AfD zu stärken. www.volksverpetzer.de/analyse/bund...

What explains the rising turnout in recent EP elections? @filipkostelka.bsky.social & @evakrejcova.bsky.social find that it's the strength of Eurosceptic parties at the national level. The more seats they hold in national parliament, the more mobilizing the EP election is doi.org/10.1080/0140...

The Franco-German motor needs some gas (and some nuclear)

Cyprus shifts West in defence procurement strategy

Must read insiders account of critical NATO meeting with European leaders by Jens Stoltenberg. So many political memoirs pull their punches. This one looks like it does not “I’m leaving this meeting. There’s no reason for me to be here any more,” Trump said www.theguardian.com/world/2025/o...