Japan’s biggest business daily Mainichi interviewed me about the Russian economy. 🎌🇷🇺 eur01.safelinks.protection.outlook.com?url=https%3A...
Iikka Korhonen
@iikkakorhonen.bsky.social
Head of BOFIT (Bank of Finland Institute for Emerging Economies), not representing the official views of my employer, RTs not endorsements https://t.co/E0YqzEKBp7
"Arviot tuhoutuneiden tavaroiden arvosta vaihtelevat suuresti. Elokuun lopulla vahingoittuneiden tavaroiden arvoksi esitettiin eräissä arvioissa noin 650 mrd. ruplaa. Myös kiinteistöjen korjaus- ja jälleenrakennuskustannukset nousevat satoihin miljardeihin rupliin."
BOFIT Viikkokatsaus 37/2026 Venäläinen verkkokauppa on kasvanut nopeasti Lue lisää 🔗 www.bofit.fi/fi/seuranta/... #Venäjä #talous #BOFITViikkokatsaus
In today’s Russian papers: “hole in the state budget” bigger than expected; “growing demand in Russia for insurance cover for drone attacks”. And a senior official claims: “Russia can survive only as a great power. We’re either a great power, or nothing.” #ReadingRussia
"Growing demand in Russia for insurance cover for drone attacks" - Russian paper
YouTube video by Steve Rosenberg
youtu.be
Geopolitical risk can increase the demand for gold relative to sanctionable sovereign assets. K Arvai, N Coimbra, & M Pinchetti find evidence of active portfolio adjustment consistent with this mechanism, w/ stronger adjustment in countries less aligned with the US. cepr.org/voxeu/column... #EconSky
”Yamal-Nenets is one of Russia’s most important natural gas-producing areas” 🇺🇦 www.bloomberg.com/news/article...
Ukraine Drones Hit Energy Facility in Russia’s Arctic in First
Ukraine said its hit two gas condensate processing plants in Russia’s Arctic zone for the first time, underscoring the expanding reach of Kyiv’s attacks on the nation’s key industry.
bloomberg.com
IMF ditched top candidate for chief economist job over Trump tariff remarks ft.trib.al/wxezZXm
IMF ditched top candidate for chief economist job over Trump tariff remarks
LSE professor Ricardo Reis had said the US president’s trade war would hurt American consumers
ft.trib.al
How Ukraine’s anti-graft bureau became a ‘Sword of Damocles’ ft.trib.al/nIb6tfK
How Ukraine’s anti-graft bureau became a ‘Sword of Damocles’
An upstart anti-corruption agency has ruthlessly taken down figures close to wartime President Volodymyr Zelenskyy
ft.trib.al
Released 41 years ago Flip Your Wig, the fourth studio album by Hüsker Dü, featuring the single "Makes No Sense at All" Hüsker Dü - Makes No Sense At All (live 85) #punk #punks #punkrock #hüskerdü #makesnosenseatall #punkrockhistory
Not to brag, but our product has been foldable since 1828.
Apple is aiming to release a foldable iPhone in 2026 📱 (via WSJ)
Japan’s biggest business daily Mainichi interviewed me about the Russian economy. 🎌🇷🇺 eur01.safelinks.protection.outlook.com?url=https%3A...
The 10-year yield approached 4.85%, its highest level since 2023, after Treasury said it would buy back up to $6 billion in longer-term debt. Some expected a larger buyback, which could have calmed yields down a bit more. www.wsj.com/livecoverage...
"“Albania is not for sale,” says the normally pro-American Albanian street. If Kushner and Witkoff would listen, other parts of the world are trying to tell them the same thing." My column. as.ft.com/r/cd22dbcd-a...
Kushner and Witkoff’s blind amateurism
The misguided belief that dangling potential postwar profits can lead to peace has hampered US diplomacy from Ukraine to Gaza and Iran
as.ft.com
Who was the bank again? (Yes, I know he was talking about a different market…)🇺🇸
Breaking news: US government bond yields rose to their highest in almost three years after the announcement of Treasury secretary Scott Bessent's expanded purchase programme. ft.trib.al/5GrWXrD
Check out the virtual issue curated by former editor Nicola Pavoni - featuring papers - all with free access - on Public Finance, Economic Behaviour and Beliefs and Interactions between Public Finance and Behavioural Economics academic.oup.com/jeea/pages/e... @eeanews.bsky.social
Editor's Choice Collection: Nicola Pavoni
Dear Reader, During my six-year service as co-editor at JEEA, I handled a wide variety of papers. One of my main fields of interest is public finance, a key co
academic.oup.com
Why do disappointed voters support right-wing populists who favor lower taxes? Economic setbacks can make political risk more appealing, helping populists build an unlikely coalition of affluent voters and those who feel left behind.
Here we go again "Futures rose as much as 2.3% in London, before paring some of that gain. In the latest flare up in the Iran war, the US military destroyed five Iranian tankers in response to attempts to hit a US Navy warship with ballistic missiles overnight" www.bloomberg.com/news/article...
Brent Oil Hits $100 as US-Iran War Shows Little Sign of Abating
Brent oil topped $100 a barrel for the first time since July, as attacks between the US and Iran and a recovery in Chinese oil buying propel the global crude benchmark higher.
bloomberg.com
Thread. Most Americans do not appreciate what global maritime dominance does for their quality of life nor how the chronic mis- and over-use of the Navy (across multiple admins) has imparted compounding risk to that dominance You may not be interested in maritime security, but…
The US led order is fundamentally maritime in nature, an inheritance from Grotius and Pax Brittanica wielded into the most accretive global trading system ever devised. That order is also largely consensual—small and middle powers participated willingly because they accrued wealth and stability.
1/3 Deflationary pressures remain strong in China but declined in August, with month-on-month CPI rising 0.4%, only the second time it has gone up in six months, Year-on-year CPI rose 0.8%, up from 0.5% in July. english.news.cn/20260909/896...
China's inflation edges up, signaling sustained recovery in domestic demand
english.news.cn
A federal judge ruled that the U.S. Military Academy at West Point cannot limit what its faculty say and write in public, a victory for Tim Bakken, a law professor who sued the academy over the restrictions, arguing they were unconstitutional.
Judge rules West Point policy restricting professors’ speech is unconstitutional
A ruling in a free speech case against West Point permits professors at the academy to speak and write without prior approval.
washingtonpost.com
Interesting piece in which Brooking asks a group of its experts how the EU should respond to China’s surging volume of exports to Europe and what their forecasts are for EU-China relations over the coming years. www.brookings.edu/articles/eur...
Europe’s China Shock 2.0: Where does it go from here? | Brookings
Brookings experts help make sense of the current moment and potential future trajectory of EU-China trade relations.
brookings.edu
Old Prohibition: US smuggles in Canadian whiskey. New Prohibition: US bans Canadian whiskey.
So it would appear that the White House has banned the importation of Crown Royal, Canadian Club, and all other Canadian whiskeys/scotches. Stock up if they're one of your favorite brands, because the U.S. might not get any new supply for the next couple years...
Kremlin aide Yuri Ushakov says Putin, in a phonecall today, backed Trump’s push for a “constructive partnership” between Russia and the U.S. and told the Donald that Moscow has no hostile plans toward Europe. The two leaders agreed to stay in touch. ¯\_(ツ)_/¯ t.me/rbc_news/156...
РБК. Новости. Главное
Владимир Путин поддержал настрой Трампа на выстраивание конструктивного партнерства России и США, сообщил Юрий Ушаков. Российский президент в разговоре с американским лидером подчеркнул, что у Моск...
t.me
8 September 1974. US President Gerald Ford pardoned Richard Nixon (pictured) for any crimes he may have committed while President. It meant Nixon would never face prosecution over the Watergate Scandal.
‘NO MORE SELLING BOMBARDIER IN THE UNITED STATES!’, the US president said in a lengthy Truth Social post hours before new Canadian tariffs on US goods were due to go into effect. ft.trib.al/Pss1LGs