#SupportUkraineNow
If I am right, China's debt-to-GDP ratio will likely increase by even more next year than the 11 percentage point increases in 2024 and 2025, and China's trade surplus will remain as high as ever or even higher.
None of this is likely to make the eventual adjustment any easier.
If I am right, China's debt-to-GDP ratio will likely increase by even more next year than the 11 percentage point increases in 2024 and 2025, and China's trade surplus will remain as high as ever or even higher.
None of this is likely to make the eventual adjustment any easier.
It's hard to find anything good in the November economic data for China, just as it is hard to find anything new to say. All the important indicators continue to weaken, as they have throughout the year, in some cases even decelerating further.
english.news.cn/20251215/a59...
It's hard to find anything good in the November economic data for China, just as it is hard to find anything new to say. All the important indicators continue to weaken, as they have throughout the year, in some cases even decelerating further.
english.news.cn/20251215/a59...
Photo: damontighe, CC BY-NC 4.0, iNaturalist
Photo: damontighe, CC BY-NC 4.0, iNaturalist
Protesters carried toys and torches under the banner “Protect the children!” showing solidarity with children who became victims of abuse in the state care system
Protesters carried toys and torches under the banner “Protect the children!” showing solidarity with children who became victims of abuse in the state care system
#europa
#europa
Russia’s oil and gas revenue in December is expected to be nearly half compared to the previous year, down to about 410 billion rubles ($5.17 billion), Reuters reported.
Russia’s oil and gas revenue in December is expected to be nearly half compared to the previous year, down to about 410 billion rubles ($5.17 billion), Reuters reported.
Taxi drivers across Russia are desperate enough that they are willing to risk a nationwide strike for higher wages. Higher fuel and maintenance costs are a major factor.
The protests that started in September seem to be growing.
Taxi drivers across Russia are desperate enough that they are willing to risk a nationwide strike for higher wages. Higher fuel and maintenance costs are a major factor.
The protests that started in September seem to be growing.
1) Undeniable at this point that the US economy is growing faster than the EU— ~5% more on a per-capita basis since pre-COVID. But importantly, this is mostly a recent phenomenon; pre-COVID growth was basically even
1) Undeniable at this point that the US economy is growing faster than the EU— ~5% more on a per-capita basis since pre-COVID. But importantly, this is mostly a recent phenomenon; pre-COVID growth was basically even
Malta (90.6%), Slovenia (90.1%), Czechia (88.6%) had the highest while Italy (74.5%), Romania (77.5%), & Greece (78.8%) had the lowest
Malta (90.6%), Slovenia (90.1%), Czechia (88.6%) had the highest while Italy (74.5%), Romania (77.5%), & Greece (78.8%) had the lowest
December oil and gas revenue is expected to crash to pandemic lows, with revenue being about half December 2024's numbers.
2026 is going to be a truly catastrophic year for the Russian economy.📉💥
December oil and gas revenue is expected to crash to pandemic lows, with revenue being about half December 2024's numbers.
2026 is going to be a truly catastrophic year for the Russian economy.📉💥
There is no "Red Button." There is just one man, and a room full of people too afraid to stop him, latest investigation by @dossier_center shows:
[1/20]
There is no "Red Button." There is just one man, and a room full of people too afraid to stop him, latest investigation by @dossier_center shows:
[1/20]
Because if they decide to issue 180 trillion in bonds at 14% fixed interest your chart may explode.
Never mind what that would do to inflation.
russia’s entire M2 money supply has tripled in the last 9 years, and is still only 123 trillion.
Because if they decide to issue 180 trillion in bonds at 14% fixed interest your chart may explode.
Never mind what that would do to inflation.
russia’s entire M2 money supply has tripled in the last 9 years, and is still only 123 trillion.
🍿 What could possibly go wrong?
www.moscowtimes.ru/2025/12/11/v...
🍿 What could possibly go wrong?
www.moscowtimes.ru/2025/12/11/v...
Bloomberg: "Mexico’s Senate on Wednesday voted in favor of the bill that imposes tariffs of between 5% and 50% on more than 1,400 products from Asian nations that don’t have a trade deal with Mexico."
www.bloomberg.com/news/article...
Bloomberg: "Mexico’s Senate on Wednesday voted in favor of the bill that imposes tariffs of between 5% and 50% on more than 1,400 products from Asian nations that don’t have a trade deal with Mexico."
www.bloomberg.com/news/article...
• Over past three years Russia has captured only an additional 1.45% of Ukraine’s land
• Russia’s advance also comes at enormous cost, with 1-1.35m Russian soldiers killed or wounded so far
www.economist.com/graphic-deta...
• Over past three years Russia has captured only an additional 1.45% of Ukraine’s land
• Russia’s advance also comes at enormous cost, with 1-1.35m Russian soldiers killed or wounded so far
www.economist.com/graphic-deta...
WSJ: "President Trump’s barrage of tariff increases threatened to chill global trade flows, but commercial exchanges continued to increase as most of the international commerce system functions as it did before the onslaught."
www.wsj.com/economy/trad...
WSJ: "President Trump’s barrage of tariff increases threatened to chill global trade flows, but commercial exchanges continued to increase as most of the international commerce system functions as it did before the onslaught."
www.wsj.com/economy/trad...
• AI data centres require ~30t of copper per MW of power, twice more than conventional centres
• Industry bodies reckon amount of copper used in data centres worldwide could grow sixfold by 2050
www.ft.com/content/ed78...
• AI data centres require ~30t of copper per MW of power, twice more than conventional centres
• Industry bodies reckon amount of copper used in data centres worldwide could grow sixfold by 2050
www.ft.com/content/ed78...
The largest exemption? A $33B carveout for computers, a massive chunk of which are the large GPUs bought for AI data centers
The largest exemption? A $33B carveout for computers, a massive chunk of which are the large GPUs bought for AI data centers
Imports from Brazil are down 17% compared to last year, but imports from India are actually up (b/c India's most important exports, electronics & pharma, remain tariff exempt)
Imports from Brazil are down 17% compared to last year, but imports from India are actually up (b/c India's most important exports, electronics & pharma, remain tariff exempt)