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Levente Koroes @lkoro.es · 18h

Grab your popcorn! The @ecb.europa.eu pushed a not-too-thinly veiled correction to PwC's estimates of how much banks will have to spend on implementing the digital euro.

www.ecb.europa.eu

Levente Koroes @lkoro.es · 1d

(I just want VAT-exempt and NHS-subsidies running trainers)

Levente Koroes @lkoro.es · 1d

My conspiracy theory is that major marathon spots (in the US, UK, Germany, Japan and Australia) are limited to keep people aspiring for sub-3 so they get in through good-for-age qualification - and in case of conscription, in good fitness.

Financial Times @financialtimes.com · 1d

Ask what your gym can do for your country on.ft.com/46U4tf3 | opinion

Ask what your gym can do for your country

A loneliness epidemic and Gen Z’s obsession with fitness could help western countries bolster civilian defence

on.ft.com

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Levente Koroes @lkoro.es · 1d

First gilded age monopolists at least looked cool and had some values.

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Levente Koroes @lkoro.es · 1d

Inflation is a crime. Economists in shambles. Where are your monetary policy levers now?!

WarTranslated (Dmitri) @wartranslated.bsky.social · 2d

"People don’t give a damn about your macro level." - said Belarusian President Lukashenko, who has banned price increases across the country — because, as he noted, things should be done so that people feel good.

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Levente Koroes @lkoro.es · 1d

Fortune ran a story on Steve Hanke's contribution to saving Argentina, but the more interesting broader theme that he is hinting at is the explicit use of dollarisation as a foreign policy tool - and stablecoins are just one prong of attack.

Echoes of the sterling area, anyone?

Inside the Trump team’s secret talks to rescue Argentina—with the help of the ‘Money Doctor’ who wants to stop the 'pink tide' sweeping Latin America | Fortune

Johns Hopkins professor Steve Hanke is an expert on "dollarization" and has helped the Trump Administration run through the options for intervening in Argentina's economy.

fortune.com

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Levente Koroes @lkoro.es · 2d

While many are still focused on whether Tisza can displace Fidesz in Hungary next April, their econ head gave an interview today where he said that he believed that the country would be better off in the eurozone. He also praised the idea of a potential wealth tax.

Hungary’s opposition considering joining euro if elected - Central Banking

Country could be ‘biggest winner’ of non-eurozone EU countries by introducing shared currency

www.centralbanking.com

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Reposted by Levente Koroes

Abe Newman @abenewman.bsky.social · 5d

7/End result: Macron calls for a new enlightenment -- the end of dependence on US social media. Not because of economic argument (level playing fields) but because dependence threatens national security. Hate to say I told you so but @himself.bsky.social and I did.
defenddemocracy.eu/macron-democ...

"Europeans, let's wake up!" — Defend Democracy

“We have been incredibly naive in entrusting our democratic space to social networks.” President Macron on the occasion of German Unity Day, 3 October 2025.

defenddemocracy.eu

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Levente Koroes @lkoro.es · 3d

Excellent reporting by Riley here

Central Banking @centralbanking.bsky.social · 3d

Peter Shane, NYU law professor, on possible Trump coin: “We can now rely on the law, one hopes, rather than the incumbent president’s feelings about monarchy”
www.centralbanking.com/central-bank...

Experts slam proposal for dollar coin bearing Trump’s image - Central Banking

US treasurer’s suggestion attacked as illegal, monarchical and ‘tacky’

www.centralbanking.com

Levente Koroes @lkoro.es · 3d

Triathlon has come a long way

George Pearkes @peark.es · 3d

Airborne

Bicycle

Infrantry

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Levente Koroes @lkoro.es · 3d

I remember chatting to a farmer circa 2019 at a dinner and asking him what he was doing about climate change. No response - just keep doing things as they had been done for generations.

Levente Koroes @lkoro.es · 3d

The Hungarian numbers are quite something. One interesting aspect is that for the most part, HU farmers lived off state subsidies during the 2010s and few of them used those to upgrade their methods - so when the EU funds stopped coming, they had to push prices higher.

Chris Giles @chrisgiles.ft.com · 3d

Food prices have risen a lot more than other stuff since Covid...

My newsletter asks whether they are now a leading indicator of inflation

www.ft.com/content/de31...

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Reposted by Levente Koroes

Valerie Mueller @valmuellerasu.bsky.social · 3d

An observation while on sabbatical, living in CET Time Zone. I get a lot more academic content on this site. I'm wondering how much more I've been missing out on by sleeping in the US.

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Levente Koroes @lkoro.es · 3d

Pour one out for the 20-something PhD at the EBA who had to define what a "meme coin" was on their new flyer.

www.eba.europa.eu/sites/defaul...

www.eba.europa.eu

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Levente Koroes @lkoro.es · 6d

I love my friends so much, they got me the #1 fashion accessory for my birthday.

(Also thanks @robinwigglesworth.ft.com / @alphaville.ft.com)

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Levente Koroes @lkoro.es · 7d

David Runciman reviewing @tommctague.bsky.social 's new book in the LRB is the birthday present I didn't know I wanted.

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Levente Koroes @lkoro.es · 9d

"A source that has seen materials related to sales has confirmed that, as of August 2025, Microsoft has around eight million active licensed users of Microsoft 365 Copilot, amounting to a 1.81% conversion rate across the 440 million Microsoft 365 subscribers."

Ed Zitron @edzitron.com · 11d

Newsletter: This is The Case Against Generative AI, a comprehensive analysis of a financial collapse built on myths I’ll dispel, the markets’ unhealthy obsession with NVIDIA's growth, and the fact that there is not enough money in the world to fund OpenAI.
www.wheresyoured.at/the-case-aga...

The Case Against Generative AI

Soundtrack: Queens of the Stone Age - First It Giveth Before we go any further: This is, for the third time this year, the longest newsletter I've ever written, weighing in somewhere around 18,500 wo...

www.wheresyoured.at

Reposted by Levente Koroes

Dan Hinge @danhinge.bsky.social · 10d

@lkoro.es spoke to the ECB’s Evelien Witlox about the digital euro. Lots of really interesting detail in here about the sorts of design choices that are now getting close to being finalised www.centralbanking.com/fintech/cbdc...

ECB’s Evelien Witlox on design choices for the digital euro - Central Banking

The digital euro’s program director speaks about holding limits, waterfall arrangements, programmability, blockchain usage and offline ‘secure elements’ for

www.centralbanking.com

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Reposted by Levente Koroes

Dan Hinge @danhinge.bsky.social · 11d

Turkey has tied itself in knots trying to avoid having to do standard inflation targeting. The result has been some very innovative (and equally foolhardy) policies... www.nber.org/papers/w34287

Türkiye's Homemade Crises

Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, an...

www.nber.org

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Levente Koroes @lkoro.es · 11d

I also just don't see it likely that political journos will skeet/post with the pace and veracity of tech reporters - I just don't see "quadruple lock!" having the same social media staying power as "48 megapixel telephoto camera"

Levente Koroes @lkoro.es · 11d

Going pre-recorded certainly took some of the magic away but this is a view entirely explicable by the rest of the tech industry mimicking Apple's presentation style (and many failing, see Meta two weeks ago)

Alexander Clarkson @aphclarkson.bsky.social · 11d

The Apple keynote is a format that ceased to be fresh and innovative by the late 2010s

James O'Malley @jamesomalley.co.uk · 11d

Starmer shouldn't give a conference speech – he should give an Apple-style keynote (FREE TO READ!)

takes.jamesomalley.co.uk/p/starmer-co...

Levente Koroes @lkoro.es · 11d

I spoke to some of the participants in the @ecb.europa.eu's Digital Euro innovation platform initiative.

Many reported positive experiences with the simple APIs, and came away wanting more. Conditional payments are cool!

ECB sheds light on uses for a digital euro - Central Banking

‘Sandbox’ participants speak of largely positive experiences with prototype CBDC

www.centralbanking.com

Levente Koroes @lkoro.es · 14d

If AI survives, prompt engineering will be the equivalent of keyword searching of the pre-AI era

Gergely Orosz @gergely.pragmaticengineer.com · 14d

Just reminded me how fast things change

Two years ago would have not known what this means

Two years from now this lingo ("wasted tokens on a problem") could well become common lingo (assuming tokens will still be expensive enough to care)

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Levente Koroes @lkoro.es · 14d

You've heard of the Greenspan put, say hello to the Navarro put:

FinTwitter @fintwitter.bsky.social · 14d

NAVARRO: ORACLE TO FUNCTION AS THE GREAT FIREWALL OF AMERICA

Levente Koroes @lkoro.es · 14d

How much time will €140bn actually net Ukraine? Maybe less than Merz thinks.

Merz backs using Bank of Russia funds to help Ukraine - Central Banking

Frozen central bank assets could collateralise €140bn interest-free loan, says German chancellor

www.centralbanking.com

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