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I am deeply saddened by the passing of Stan Fischer. With Rudi Dornbusch, he changed the field of international macro. He then went on to be Chief Economist of the WB, Deputy MD of the IMF, Gov of the Bank of Israel and Dep. Governor of the US Fed. 1/2

Aircraft carriers of the world USA UK France Ukraine

Did you say “Thank you” even once, JD Vance?

What the last few days have demonstrated is that European security would be far more enhanced by integrating a Ukraine that is willing to fight for European freedom, then relying on a USA that is clearly not interested in doing so.

Musk is totally right on this one. It will aggravate the fiscal deficit, thereby the trade deficit and brings the US in real fiscal difficulties. This shows that US bond markets and the dollar are different than they used to be and investors lose trust. ht Paul Krugman

DEAN: What's the tariff on bananas? LUTNICK: Generally 10% DEAN: Walmart has already increased the cost of bananas by 8% LUTNICK: If you build in America, there is no tariff DEAN: We cannot build bananas in America

I have had three meetings in less than 35 days with my friend Maroš Šefčovič🇪🇺, EU Commissioner for Trade and Economic Security. This shows our shared commitment to speeding up the India-EU FTA.

#EDSS2025: Panel Announcement! Join the European Defence and Security Summit 2025 at Egmont Palace, Brussels, for the panel: “Funding Europe’s Rearmament: Between SAFE, Escape Clauses, DSR Banks, Eurobonds and the MFF” As defence spending pressures rise, Europe faces sharp

Yet another step: Trump administration to deploy hundreds of Marines in Los Angeles. "Newsom called Trump’s remarks backing his arrest an “unmistakable step toward authoritarianism”. ft.com/content/48c14c… via @ft

🎤 “The reality today is that defence spending in Europe remains overwhelmingly national. As countries seek to relax fiscal rules and borrow large sums to finance military capabilities, we risk reinforcing a fragmented procurement system that is both inefficient and costly”

Fit for war by 2030? European rearmament efforts vis-a-vis Russia. Our new Bruegel Kiel Institute (IfW Kiel) report is out ifw-kiel.de/publications/f…

(S+) Schutz vor möglichem russischen Angriff: Wann ist Europa kriegsfähig? - Der Spiegel berichtet über unseren Bruegel/Kiel report spiegel.de/wirtschaft/unt… via DER SPIEGEL

⁦Guntram Wolff⁩ ⁦FAZ Wirtschaft⁩ mit (bekannter) geoökon. Warnung:ohne US ist Europa nicht verteidigungsfähig. Wie also eigenständiger werden, ohne Putins Spaltungsabsicht der NATO zu befördern? Durch eine Politik der Stärke,die Trump schätzt. faz.net/1.10547819

The podcast is really a must-listen. The supposedly leading right-wing intellectual Peter Thiel is just giving empty phrases and has no substantive responses to the big questions asked...

Elizabeth Warren: "Look, Elon Musk is right about this. He's got it exactly right. The idea of borrowing $3.5 trillion on the nation's credit card in order to be able to give tax breaks to the likes of Elon Musk and Jeff Bezos and Mark Zuckerberg is financially nuts. It's

Sen. Lisa Murkowski on the Big Ugly Bill she just voted for: “Do I like this bill? No. But I tried to take care of Alaska’s interests, but I know that in many parts of the country, there are Americans that are not going to be advantaged by this bill"

Good news

Morning in Kyiv. No sleep. Air quality is extremely bad. City is covered in thick smoke. This is Russian terror, aimed at people who chose to stay, resist and fight.

Gibt es eigentlich irgendwelche Reaktionen, die relevant sind, in Berlin? Außer lächeln und hoffen, dass es irgendwie gut gehen wird?

Organic solar modules, no dependencies on Chinese Imports