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Reposted by Iikka Korhonen

Christian Odendahl @codendahl.bsky.social · 2h

The German industrial boom, that started in 2005 when Angela Merkel took the reins (that was a coinicidence, she had nothing to do with it), is now officially over. www.ft.com/content/745f...

German industrial output falls to 2005 levels as auto sector craters

Weak August data raises risk of Eurozone’s biggest economy falling back into technical recession

www.ft.com

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Iikka Korhonen @iikkakorhonen.bsky.social · 31m

Kollegani Heli Simola bloggasi Venäjän julkisen talouden suunnitelmista 2026–2028. Ilmeisesti oletuksena on, että aktiivinen hyökkäyssota loppuu 2026, mutta sotilasmenot säilyvät silti korkealla tasolla.

Veronkorotuksia myös pukkaa tavalliselle venäläiselle.🇷🇺

www.eurojatalous.fi/fi/blogit/20...

Iikka Korhonen @iikkakorhonen.bsky.social · 1h

New World Bank forecasts eg for Russia. GDP growth
2025 0.9%
2026 0.8%
2027 1.0%
Rapid growth driven by huge fiscal/military expansion is over. And since military production is still growing, civilian production is declining. Labor market extremely tight
🇷🇺
openknowledge.worldbank.org/server/api/c...

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Reposted by Iikka Korhonen

Eliot Higgins @eliothiggins.bsky.social · 3h

Dutch courts fighting to make Facebook and Instagram useable again.

Ramsha Jahangir @ramshajahangir.bsky.social · 4h

Last week, a Dutch court ordered Meta to give Facebook & Instagram users the right to set a chronological feed by default - one of the first EU cases applying the DSA in civil proceedings.

To unpack what this means, I spoke with @bitsoffreedom.bsky.social:

www.techpolicy.press/what-a-dutch...

What a Dutch Court Ruling Against Meta Signals for Private DSA Enforcement | TechPolicy.Press

Tech Policy Press spoke with Rejo Zenger, Policy and Advocacy Lead at Bits of Freedom, to better understand the significance of the ruling.

www.techpolicy.press

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Reposted by Iikka Korhonen

Duncan Lamont @duncanlamont2.bsky.social · 3h

🫣 Profits are for wimps. Revenues are for losers. Ideas sell, not fundamentals

Over half the Nasdaq market is loss making. About 1-in-8 companies have no revenues

There are a lot more in these camps than in the past

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Reposted by Iikka Korhonen

Stockholm Institute of Transition Economics (SITE) @sitestockholm.bsky.social · 3h

A new SITE policy brief by Anna Anisimova (SITE) & Alina Zubkovych (NUF) maps Ukrainian CSOs across the Nordic–Baltic region. Key gaps: funding precarity, weak coordination, uneven access to decision-makers. CSOs juggle advocacy & integration.

💡Read the policy brief to learn more: tr.ee/1U3QTL

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Iikka Korhonen @iikkakorhonen.bsky.social · 5h

”Food prices increased 4.7% from a year earlier, while household energy costs increased by 10.6% and services by 5.9%”
🇭🇺
”..forint weakened more than 1% on Tuesday against euro after Nagy on Tuesday called on the central bank to begin lowering the 6.5% benchmark”
www.bloomberg.com/news/article...

Hungary’s Inflation Stays Above Target as Orban Urges Rate Cuts

Hungary’s inflation remained outside of the central bank’s tolerance band for a 10th month, presenting a conundrum to policymakers under pressure from Prime Minister Viktor Orban’s government to cut i...

www.bloomberg.com

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Iikka Korhonen @iikkakorhonen.bsky.social · 6h

Hahah, too thick fingers. Was supposed to be 🇷🇺

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Iikka Korhonen @iikkakorhonen.bsky.social · 8h

[Belgium] has spent three years saying Euroclear is Belgian and so are the benefits,” said one senior EU diplomat involved in talks on the matter. “Now, when it wants to share the risks, it claims Euroclear is European.”
🇧🇪🇪🇺🇺🇸
on.ft.com/4nGTIEj

EU pressure builds on Belgium to allow use of Russia’s frozen assets

Belgian Prime Minister Bart De Wever insists other capitals should cover financial and legal risks of €140bn loan

on.ft.com

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Reposted by Iikka Korhonen

Iikka Korhonen @iikkakorhonen.bsky.social · 1d

”..likely to be more such White House deals for mining projects — specifically those that would produce metal needed by the defence sector, such as antimony. Those materials were likely to be more of a focus than battery metals such as lithium and nickel”🇺🇸

on.ft.com/3VSE7oU

White House says it will take 10% stake in Trilogy Metals

Shares in mining company more than double on announcement from US secretary of interior

on.ft.com

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Reposted by Iikka Korhonen

Christine Lagarde @president.ecb.europa.eu · 20h

The international role of the euro cannot be a secondary question.

It is central to Europe’s ability to turn the euro from a safe-haven currency into a truly global currency, and to turn our weaknesses into lasting benefits.

Read my speech link.europa.eu/fdWYqH

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Reposted by Iikka Korhonen

Scott Lincicome @scottlincicome.bsky.social · 1d

Uh oh; "A fire at Novelis’s Oswego, N.Y., plant, which supplies about 40% of U.S. auto industry aluminum, will disrupt automakers for months"
www.wsj.com/business/aut...

Fortunately, imported aluminum can fill the void and mitigate this massive domestic supply chain disrupti-

Oh.

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Reposted by Iikka Korhonen

Finbarr Bermingham @fbermingham.bsky.social · 1d

If they really have been dumping pasta they should be thrown in a penne-tentiary...

EU backs Italy in Trump’s pasta tariff war - on.ft.com/46BiEXE via @FT

EU backs Italy in Trump’s pasta tariff war

US threatens to apply tariffs of up to 107% on Barilla and other makes of Italian staple over alleged dumping

on.ft.com

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Iikka Korhonen @iikkakorhonen.bsky.social · 1d

”..likely to be more such White House deals for mining projects — specifically those that would produce metal needed by the defence sector, such as antimony. Those materials were likely to be more of a focus than battery metals such as lithium and nickel”🇺🇸

on.ft.com/3VSE7oU

White House says it will take 10% stake in Trilogy Metals

Shares in mining company more than double on announcement from US secretary of interior

on.ft.com

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Reposted by Iikka Korhonen

Dr. Jonathan N. Stea @jonathanstea.bsky.social · 1d

This guy is in charge of US health care.

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Reposted by Iikka Korhonen

Joe Bernstein @bernstein.bsky.social · 1d

The award-winning novelist and veteran tech activist Cory Doctorow has written millions of words in his nearly four-decade career. Now he's best known for a single one: "Enshittification." How did he get here? My profile: www.nytimes.com/2025/10/05/b...

A Powerhouse Writer Found One Word to Change the Debate About Tech

www.nytimes.com

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Reposted by Iikka Korhonen

Financial Times @financialtimes.com · 1d

EU to curb Russian diplomats’ travel as suspected spy attacks mount on.ft.com/46WLxfN

EU to curb Russian diplomats’ travel as suspected spy attacks mount

Intelligence agencies say sabotage operations are often led by spies posing as diplomats

on.ft.com

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Iikka Korhonen @iikkakorhonen.bsky.social · 1d

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Iikka Korhonen @iikkakorhonen.bsky.social · 1d

EU imports of Chinese clothing and textiles increased by 20 per cent in value and volume in the first half of 2025…The majority of the value increase came from an approximately €2bn rise in cheap clothing imports
on.ft.com/46DCjGp China reroutes clothes exports to Europe after US tariffs upset trade

China reroutes clothes exports to Europe after US tariffs upset trade

European textiles industry body says Chinese companies are selling in ‘aggressive’ way

on.ft.com

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Reposted by Iikka Korhonen

Akshat Rathi @akshatrathi.bsky.social · 2d

The US is pursuing "energy dominance" and forcing allies to buy US oil and gas. And, yet, China is beating the US on energy exports.

Surprised? Gift link: www.bloomberg.com/news/article...

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Reposted by Iikka Korhonen

Christian Odendahl @codendahl.bsky.social · 2d

I am not a #Merkel fan (as many of you know), but the headlines following her interview with Partizan are complete nonsense.

She does not blame Poland or the Baltics at all.

Mira of Kyiv 🇺🇦 @reshetz.bsky.social · 2d

We do not hate merkel enough

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Reposted by Iikka Korhonen

Iikka Korhonen @iikkakorhonen.bsky.social · 2d

In 2024 the Biden administration signed an agreement with Canada and Finland, named the ICE Pact, to expand capacity. In August the Helsinki shipyard began work on the first ship under the scheme, an icebreaker for Canada named Polar Max.”🇫🇮🇺🇸🇨🇦
economist.com/europe/2025/...

How bad is America’s icebreaker gap with Russia?

Finland has something special that America wants

economist.com

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Reposted by Iikka Korhonen

Dr Sari Arho Havrén @sariarhohavren.bsky.social · 2d

“Although Trump has railed against China over trade, he has shown little appetite for deepening U.S. military engagement in Asia to counter Beijing's military buildup. He has shown no inclination to contest spheres of influence with China by viewing the world as a geopolitical chessboard.” 1/

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Reposted by Iikka Korhonen

Iikka Korhonen @iikkakorhonen.bsky.social · 2d

Russia's PMIs 09/25
Manufacturing 48.2 (previous 48.7)
Services 47.0 (50.0)
Composite output 46.6 (49.1)

Everything has been below 50 since June indicating how there is no growth in the Russian economy anymore.

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Iikka Korhonen @iikkakorhonen.bsky.social · 2d

Russia's PMIs 09/25
Manufacturing 48.2 (previous 48.7)
Services 47.0 (50.0)
Composite output 46.6 (49.1)

Everything has been below 50 since June indicating how there is no growth in the Russian economy anymore.

2 10 24