A project I am very much attached to. The time to do it is now. And it can be done. More to come.

Colonial extraction and unequal exchange have shaped two centuries of North-South inequality. 🧵A thread on a NEW STUDY written with Gastón Nievas Offidani [1/9] 🔗 wid.world/news-article/u…

This seems like a limited scope transaction underway, and not quite a grand bargain some have suggested ⬇️ on.ft.com/43TWGwe Trump eyes easing US chip export restrictions to secure Chinese rare earths

Key question is: what else was agreed to …in addition to University enrollment? My guess: something on chips…

Ikke akkurat progressiv skattepolitikk i Big Beautiful Bill… cbo.gov/publication/61…

China to Africa’s nations (minus one): No more tariffs on your exports! reuters.com/world/africa/c…

The latest speech by Pan Gongsheng, Governor of China's central bank, is an important read. He goes quite far in describing a future multi-polar global order where "a few sovereign currencies co-exist" as reserve currencies, "competing with each other and checking and balancing

Art is one of my business partners and a friend-so I am obviously going to be positively biased to the arguments he presents here. But for anyone with an hour to spare and an interest in understanding how China suddenly leap frogged the west in industry after industry, this is

All I have learned as an economist dabbling in political science tells me external regime change rarely ends well. On macro: more oil disruptions from Iran likely now, oil prices may well go to breach 80 over the weekend.

The China chart 📈

Will bonds rally and the dollar strengthen? I’m not sure how much this time…. 🤔

That was quick: Within 1 hour of oil markets opening, the surge in prices has been almost completely erased. That's right, oil prices are now up just +0.5% after the US bombed Iran. To all the people calling for World War 3: The market respectfully disagrees.

Everyone’s losing it over Tesla’s robotaxi reveal today. But here’s what no one’s saying: Waymo has already done 10M+ robotaxi rides. Apollo Go (Baidu)? Over 11M. Tesla? Just unveiling now. Robotaxis aren’t “the future.” They’ve been scaling in the real world for years. Here’s

NEW: Some bonkers numbers in China's May customs data. Detailed figures came out Fri when I was off, so took a deep dive today First big picture EU stuff: China's EU exports up 12% China's EU imports down 2.37% There is a 22% increase in the EU's China deficit in May alone

Well? That’s it then. Crude oil seems to think so. Back to OPEC cut rollbacks … or too soon?