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👀 You have got to be kidding me. theatlantic.com/politics/archi…

Now this is interesting: The Kremlin demands specific sanctions to be lifted BEFORE anything comes into force. Russia demands that "Rosselkhozbank and other financial organizations" are reconnected to (Belgium-based) SWIFT. The US cannot do this without EU cooperation.

Somebody should tell the United States Government that Reunion (which it plans to tax at 37%) is not a country but an integral part of France, and of the EU. ec.europa.eu/regional_polic…

IMPORTANT detail from the White House about some commodity and energy imports, which are (on a first and quick read) ***excluded*** from the reciprocal tariffs:

"One of the highest tariff rates, 50 percent, was imposed on the African nation of Lesotho, whose average citizen earns less than $5 a day. Because Lesotho’s citizens are too poor to afford most U.S. exports, while the U.S. imports $237 million in diamonds and other goods from

The battle for the global payments system is under way - Martin Sandbu on.ft.com/3RzSUCq

It shall be called Orange Monday

Who could this possibly be aimed at?

White smoke in Berlin

NO DEAL in German coalition negotiations tonight. Talks will continue tomorrow as of 9:30 AM, hoping to reach a deal by midday.

OUCH! #China announces retaliatory tariffs: Raises tariffs on US goods from 34% to 84% from April 10. Stock and bond markets plunge. US 30y yields shoot up by 11bps.

I argue that Americans should reverse the tide of history and emigrate to Europe, where life is better on every important metric on.ft.com/4lyLRYr Financial Times

Pope Francis died on Easter Monday, April 21, 2025, at the age of 88 at his residence in the Vatican's Casa Santa Marta.

EU governments are considering appeasing Donald Trump on a global minimum tax. ow.ly/r3ks50VJAbm

Meanwhile, is southern Europe: #EUdefense

BREAKING: #Merz im ersten Wahldurchgang gescheitert – #DAX gibt nach 🚨

EXCLUSIVE: Greenland is dangling a rare earths partnership with the EU as Trump looms. politico.eu/article/greenl…

Are men maybe too emotional for positions of leadership?

those white South Africans are getting sent to El Salvador

Vanishing Act: Strip Out Pharma and Ireland, and Over 40% of the EU’s U.S. Trade Surplus Disappears democracychallenged.com/2025/05/29/van…