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Volkswagen (VW) said tariffs cost it €1.3bn in the first 6m of the year * as an aside it has now overtaken Tesla in European EV sales

US EU Trade deal! linkedin.com/posts/joumanna…

I had to 🤷🏻‍♀️

Several European Union officials responsible for negotiating Sunday’s trade agreement with the US think the deal they hammered out was the least-bad option available to the bloc, according to people familiar with their thinking. bloomberg.com/news/articles/…

French not happy with le deal

Joumanna Nasr Bercetche No one from the far right to the far left . Everyone decrying it

Chart du Jour: As energy purchases feature more in the US trade deals, worth pointing out that China's energy imports from the US hit almost zero in June (first time in 3y it didn't import any oil from the US, which has been subject to tariffs of 10-15% since Feb)

Novo Nordisk stock- trading at 1/3 of its peak of Jun 2024 Main issues? Fierce competition, supply constraints, disappointing pipeline A business case study in itself

With one of the best- looking forward to it! What a day for it too

State Department sanctions Palestinian leadership organizations amid global statehood push ow.ly/MpWa106hwzW

"The world’s Arab countries for the first time have joined unanimously in the call for Hamas to lay down its weapons, release all hostages and end its rule of the Gaza Strip, conditions that they said could help the establishment of a Palestinian state." nytimes.com/2025/07/31/wor…

And those are the countries with “deals” Today we got Taiwan 20%, South Africa 30%, Canada 25%, Switzerland 39%… amongst others

Trump wanted 90 deals in 90 days Reality: 8 deals in 120 days (with details still murky)

Bloomberg Economics "If the new levies come into effect in seven days as announced and the deals on autos with the EU, Japan and South Korea stick -- the US average tariff rate will rise to 15.2% from 13.3% now. That’s up significantly from 2.3% in 2024."

Bloomberg's Simon Marks speaks to Joumanna Nasr Bercetche about Somaliland's offer to the 🇺🇸USA for international recognition!. Somaliland🇭🇺🤝🏽🇺🇸United States. bloomberg.com/news/videos/20…

So Trump removes sanctions on Syria to “give them a chance at greatness”… then imposes highest tariff rate in the world on them at 41%

My husband is a trader and yesterday I told him “this market wants to rally”. He then summarily decided to go short. Today happened… I’m calling it a win? 🫣🫠

Unrounded, the unemployment rate in July was 4.248%, which is the highest since October 2021. It was 4.244% in May.