Mercator map (blue) — the one we’re all used to seeing — versus real country sizes (red). Greenland is tiny in reality compared to its Mercator projection. As are Russia, Canada, Alaska, Norway, Sweden, & Finland.

WATCH: “We are American citizens. We were denied having our passports renewed at the 🇺🇸 embassy in Dakar (Senegal). This is absolutely asinine.” 🤔

Goldman Sachs is now projecting that the United States will have the lowest economic growth AND the highest inflation rate of any developed economy in 2025. How much more winning before we can go back to losing?

One striking result from Canada's election is the humiliating downfall of New Democratic Party (NDP) leader Jagmeet Singh, a Khalistan sympathizer who has long sought to obscure the truth on the deadly 1985 Air India bombing by Canadian Sikh terrorists. He not only lost his own

Canadian opposition leader Poilievre loses parliamentary seat, CBC projects bbc.in/3ECV29V

Visualizing the government debt-GDP ratio around the world. But note-it’s before subtracting assets. In some instances (eg China), government assets exceed government debt. Even so, this ratio is among one of many instructive measures of a country’s fiscal space.

Australian voters are unlike any others in the world. #australiavotes #ElectionDay #auspol

Thanks to an anti-Trump backlash, Albanese’s Labor has won a landslide victory in the Australian election. Leader of the opposition Liberal Party, Peter Dutton, lost his seat as Aussie voters roundly rejected his Trump-inspired policy platform. on.ft.com/4jZWgLh

🇧🇷Brazil now exports 10x more #soybeans by volume than it did in the late 1990s, fueled by a massive growth in production. About 71% of Brazil's annual soybean shipments head to China today, but Europe was the main destination in the late 1990s with 75%.

Despite the hype around foreign investment in India, Singapore (population: 6 million) got over three times as much as India in 2023 (and Hong Kong over twice as much) and appears set to overtake China (where FDI is plummeting). Data from World Investment Report.

More billion dollar companies in India than in China, Canada, the UK, Germany, or Australia. Who knew?

China's exports grew in April even after the U.S. imposed 145% tariffs on goods from the country, thanks to increased trade with Asian and European economies. asia.nikkei.com/Economy/Trade/…

⁦Nikkei Asia⁩. The US administration has purged at least 1,000 pages of U.S. government online information (related, among others, to climate change & the J6 attack on the Capitol) from the websites of some 90 federal agencies. asia.nikkei.com/Spotlight/Trum…

A predictable, but nevertheless worrying development. thejakartapost.com/indonesia/2025…

While all eyes are on tariff negotiations, House '26 budget plans solidified last week suggest a Republican commitment to blow out the deficit in coming years. The Ways and Means bill would not only extend the TCJA, but add 1.5-2tln in deficits over the next decade. Thread.

The world is barreling toward a brick wall of public debt. Driven by populism, higher public expenditures rapidly become entitlements that are difficult to claw back, while electoral politics make higher taxation a third rail for populist leaders. This story won’t end well. @IMF