Lightnews — Scholar-powered news

EconReporter

@econreporter.bsky.social

1.2K followers 920 following 5.7K posts

Independent journalist focusing on economics and global economy Our website: en.econreporter.com

Posts Media Videos Starter Packs

Pinned

EconReporter @econreporter.bsky.social · Jul 21

🔔🔔🔔ATTENTION 🔔🔔🔔

Here is my long article on question of why Standing Repo Facility will potentially be one of the most important tools for the Federal Reserve in the post-QT era!!

Please taking some time to read it, i promise it's interesting!

Standing Repo Facility — the Fed’s soon-to-be most important tool?

Standing Repo Facility (SRF) is a relatively young Federal Reserve facility.

econreporter.substack.com

3 4 22

EconReporter @econreporter.bsky.social · 7m

wait... QT as a bankruptcy process... there is something in this idea

EconReporter @econreporter.bsky.social · 9m

See, QT is not that slow in comparison!!

George Pearkes @peark.es · 10m

Fun bit of trivia this morning

*LEHMAN BROTHERS EUROPE ADMINISTRATION CONCLUDES AFTER 17 YEARS
*LONDON JUDGE SAYS ADMINISTRATION IS ENDED AT HEARING

1 2

Reposted by EconReporter

George Pearkes @peark.es · 10m

Fun bit of trivia this morning

*LEHMAN BROTHERS EUROPE ADMINISTRATION CONCLUDES AFTER 17 YEARS
*LONDON JUDGE SAYS ADMINISTRATION IS ENDED AT HEARING

4 9 40

EconReporter @econreporter.bsky.social · 20m

I need to know who put Seven Years’ War and the Bank of Amsterdam in there~~

EconReporter @econreporter.bsky.social · 21m

this, is a great quote

Reposted by EconReporter

James Mackintosh @jmackin2.bsky.social · 3h

They probably used excel

1 1 4

Reposted by EconReporter

The Athletic | Football @theathleticfc.bsky.social · 1h

Manchester United’s 2024-25 financial results show they were loss-making for a sixth year in a row.

But, that only tells part of the story.

📈 Largest transfer debt in world?
📉 Wage bill at lowest since 2020
💸 Player sales improving

@cweatherspoon.bsky.social

🔗 www.nytimes.com/athletic/668...

3 1 8

Reposted by EconReporter

Chris Giles @chrisgiles.ft.com · 1h

Excellent overview of the backlash against QE globally...

... let's be clear though. The losses are everywhere, but unlike the UK which accounts for them upfront, they are generally brushed under a carpet elsewhere (they still exist though)
on.ft.com/4mTPho6

The populist shadow hanging over central banks and QE

[FREE TO READ] The massive bond purchases are being unwound at a time of fierce political criticism of the monetary authorities. The controversy could limit options in future crises

on.ft.com

2 2 14

Reposted by EconReporter

Chris Giles @chrisgiles.ft.com · 4h

Very good news for the chancellor because VAT receipts were looking suspiciously low and , had it been genuine, that would have suggested tax raising capacity of UK economy was slipping

3 31

Reposted by EconReporter

Chris Giles @chrisgiles.ft.com · 4h

There goes my long held view that cash government receipts were accurate because you just had to add some columns in a bank account

on.ft.com/3J0Y6yE ONS revises down government borrowing estimates after data error

ONS revises down UK government borrowing by £2bn after VAT error

[FREE TO READ] Office for National Statistics reduces estimate for current fiscal year just weeks before Rachel Reeves’ Budget

on.ft.com

3 7 35

Reposted by EconReporter

George Pearkes @peark.es · 2h

Yeah the whole “we get to veto domestic EU legislation” was never going to fly lol

(Bloomberg) -- European Union officials see new
US demands for trade concessions as well as other measures as potentially undercutting a recent trade agreement that brought the allies back from the brink of a trade war.
Earlier this month, US President Donald Trump's administration sent the EU a fresh proposal for implementing "reciprocal, fair and balanced" trade, according to people familiar with the matter, who spoke on the condition of anonymity to discuss private deliberations.

EU officials view the requests as maximalist and the concessions as significant, some of the people said. The people declined to disclose specifics on the US demands because member states are due to be briefed on the discussions on Wednesday.
The new demands come as the two sides prepare to negotiate the next steps of this summer's trade deal, which set a 15% tariff on most EU goods entering the US.
The US has been seeking an opening to discuss the bloc's legislation, including digital and technology rules as well as corporate compliance and climate-related regulations, the people said.
The EU has repeatedly said that maintaining regulatory autonomy is a red line, but that it will consult with the US on each subject.

2 7 59

Reposted by EconReporter

FT Alphaville @alphaville.ft.com · 2h

Talk is cheap. Gold, not so much.

on.ft.com/3J14w0I

So you want to talk about gold

[FREE TO READ] Marking the record high for so-called analogue bitcoin

on.ft.com

1 4 6

Reposted by EconReporter

Reuters @reuters.com · 12h

Rothschild family to sell entire stake in The Economist, Axios reports reut.rs/4nGKo3e

Rothschild family to sell entire stake in The Economist, Axios reports

British philanthropist Lynn Forester de Rothschild is looking to offload her family's entire stake in global media and information company The Economist, Axios reported on Tuesday, citing a source familiar with the transaction.

reut.rs

15 20

Reposted by EconReporter

Conor Sen @conorsen.bsky.social · 12h

“XAI’s financing would be split between about $7.5 billion of equity and as much as $12.5bn of debt, the people said, and structured via a special purpose vehicle. The SPV will be used to buy Nvidia processors, and Musk’s artificial intelligence startup would then rent the chips out for five years”

8 6 38

Reposted by EconReporter

Conor Sen @conorsen.bsky.social · 12h

A friend said to me years ago that the progression of crises is tech becomes industrials which becomes financials and then kaboom. Over the past month it feels like we’re doing the handoff from industrials to financials.

4 9 71

EconReporter @econreporter.bsky.social · 13h

hahahah, this graph is on brand!!

Reposted by EconReporter

Joe Weisenthal @weisenthal.bsky.social · 14h

If you're in NYC, our band is playing a show on 10/18 at Nightclub 101.

If you like the Lower East Side-style country, the get your tickets here and don't miss out.

www.ticketweb.com/event/light-...

2 4 40

EconReporter @econreporter.bsky.social · 14h

oh now that makes sense~~~ hahaha

Reposted by EconReporter

Bookshop.org @bookshop.org · 21h

Can’t decide what to buy on Prime Day?

Try: absolutely nothing, and then go support indie bookstores instead 📚

61 2.6K 7.1K

EconReporter @econreporter.bsky.social · 14h

i feel sad for his career and this is really the best for him now

Fabrizio Romano (MIRROR) @fabrizioromano.yopro20.com · 17h

🚨🇺🇸 More on Sergio Reguilón and Inter Miami exclusive story revealed last week. Despite proposals from La Liga clubs and Iran side Persepolis offering salary close to €4m net per season… …Reguilón told his agent that he only wants Inter Miami. Talks are already advanced 🏁

Reposted by EconReporter

Isaac Callan @isaaccallan.bsky.social · 14h

Ontario Premier Doug Ford responds to our story that someone driving a vehicle assigned to one of his cabinet ministers was recorded stunt driving, pivoting to talk about municipal infrastructure. #OnPoli

Story▶️: globalnews.ca/news/1146702...

3 4 5

EconReporter @econreporter.bsky.social · 14h

so how you vacation and still following all these? like one hand using your mac the other eating Jaime Oliver??

1 1

Reposted by EconReporter

Kevin Carey @kevincareywb.bsky.social · 15h

IMF policy paper stocktaking of international debt architecture for resolving sovereign debt with private creditors, Box 2, reference to Afreximbank ... www.imf.org/en/Publicati...

2 3

Reposted by EconReporter

Dave Lee @davelee.me · 15h

One random dataset I'd love to have would be which Premier League club had the highest percentage of fans that were an only child growing up.

Then I'd write a great feature about why it was obviously Manchester United

2 2

Reposted by EconReporter

Matt Peterson @mattpeterson.bsky.social · 15h

Trump Fed appointee Steve Miran today said a shrinking deficit is one of his reasons to support lower interest rates. If the Trump administration is pulling tariff revenue for WIC, farm aid, etc., then it isn't going to deficit reduction. He's going to have a tough time winning that argument.

1 8