In the future, Trump will be at war with everybody for 15 minutes
Update: No deal, back to war, Trump says.
In the future, Trump will be at war with everybody for 15 minutes
Update: No deal, back to war, Trump says.
Not a typo. He has the "perimeters" of a deal - a vague outline with an empty space at its heart
The bubble signs are increasing. Indeed, we may even be past the peak. New free Substack piece philipcoggan.substack.com/p/more-bubbl...
More bubble signs
Leverage, massive investment and rising debt costs
philipcoggan.substack.com
Tories block Disability News Service from receiving press releases, and stop answering its calls and emails www.disabilitynewsservice.com/tories-block... via @johnpringdns
Tories block Disability News Service from receiving press releases, and stop answering its calls and emails
Disability News Service (DNS) has been blocked by Conservative head office from receiving any of the party’s press releases or even submitting media requests. The move appears to have followed a se…
disabilitynewsservice.com
Back to The Times, which on p3 today criticises the BBC for a GCSE resource which claimed that "every person in Britain is descended from immigrants". This is literally true since the earliest humans came from Africa. If The Times has evidence of early hominids in Stevenage, they should publish it
"President Donald Trump has lowered US trend growth through erratic policymaking, institutional damage and cracking down on immigration. We forecast a drop in GDP growth from 1.9% this year to 1.6% in 2027 and 1.5% in 2028." Holger Schmieding, Berenberg.
Classic Gerry Baker column in The Times today. Europe's rejection of the FIFA plan is a sign of the continent's restricted vision, he says. Meanwhile, CONACAF (including the US FA) have also rejected the plan. A thesis disproved before the article even appeared.
US government map of Africa mislabels every country at global conference reut.rs/4x9eTCW
US government map of Africa mislabels every country at global conference
A U.S. government map of Africa mislabeled every country during a State Department presentation at a global conference taking place in Brazil this week, causing a stir among attendees who took screenshots and posted them online.
reut.rs
Fun fact in this excellent piece from Richard Baldwin is that the UK is the second biggest exporter of "other business services" in the world. A rarely-mentioned success rbaldwin.substack.com/p/the-jobs-a...
The Jobs AI Was Supposed to Eliminate Are Booming
Will ChatGPT purge back-office offshoring? The data say ‘no.’.
rbaldwin.substack.com
History may repeat itself but it's getting spooky. As in 1976, we are two years into a Labour government and have changed prime ministers, the chancellor is called Healey, we are in the middle of both a heat wave and a drought. May be a good time to start a punk band?
The point of a tariff is to make firms build factories at home. But if it's on Monday, off Tuesday, back on Wednesday, no one pours concrete. Chaotic tariffs give you all of the cost and almost none of the benefit. https://newsletter.platypuseconomics.com/p/global-tariffs-are-back-did-they
Yes! Kermit as Odysseus, Miss Piggy as Penelope, Cookie Monster as the Cyclops...
I think we're all ready for The Muppet Odyssey.
I an willing to help with the washing up but without using my hands. Or soap. Or water www.bbc.co.uk/news/article...
Kemi Badenoch tells PM not to raise taxes to fund social care
In a letter to the PM, the Conservative leader offers to work with him on adult social care reform.
bbc.co.uk
This is the problem with interviewing such people, as previously shown by the interview with Steve Bannon. You just give a platform to someone whose bigoted views are already being widely communicated
Elon Musk, owner of X, has called the editor of the Economist "a traitor to the West, plain and simple" after her recent interview with him. He now argues that "anyone who opposes remigration is a traitor" Musk has been socialising violence since Aug25: "fight or die, that's what it comes down to"
The World Cup is over. Wimbledon is over. The Open golf is over. Now would be a great time for cricket to catch the nation's attention with some test matches. But instead we get the Hundred, where we are supposed to care whether the Biggleswade bank managers beat the Rotherham Rotarians
The biggest cost of Trump's Canada tariffs isn't dairy. It's trust. Once businesses stop believing trade agreements will last, investment slows—and that's a much bigger economic problem than one tariff. More in this week's The Professor Is In: newsletter.platypuseconomics.com/p/should-can...
How should Canada respond to Trump's tariffs?
Good fences make good neighbors, but arbitrary tariffs aren't good fences
newsletter.platypuseconomics.com
Alan Wolff of the Peterson Institute points out that the International Labour Organisation passed a protocol in 1930 with an update in 2014, requiring member states to take action to prevent forced labour. The US has not ratified either protocol www.piie.com/blogs/realti...
Trump's new tariffs over forced labor are unlikely to survive a court challenge
The Trump administration is again shifting its stated rationale for placing comprehensive tariffs on imports of nearly all goods from virtually all countries. After originally presenting such measures...
piie.com
More tariffs from Trump today. We are asked to believe a)that Trump cares about forced labour (isn't that a woke issue?) and b)that if other nations rigorously policed their labour chains the US wouldn't find another reason to impose tariffs 1/n
Worth pointing out that US prisoners produce around $11bn of goods and services annually with minimum rights and pay www.icpsr.umich.edu/sites/icpsr/...
Comprehensive report describes inhumane US prison labor system and how to improve it
Comprehensive report describes inhumane US prison labor system and how to improve it
icpsr.umich.edu
More tariffs from Trump today. We are asked to believe a)that Trump cares about forced labour (isn't that a woke issue?) and b)that if other nations rigorously policed their labour chains the US wouldn't find another reason to impose tariffs 1/n
www.economist.com/culture/2026... Our tribute to a brilliant artist and beloved colleague. RIP
The Economist’s cover designer, Graeme James, has died, aged 65
His more than 2,500 covers cleverly captured, mocked and ridiculed the world
economist.com
More tariffs from Trump today. We are asked to believe a)that Trump cares about forced labour (isn't that a woke issue?) and b)that if other nations rigorously policed their labour chains the US wouldn't find another reason to impose tariffs 1/n
Nigel Farage's approval ratings have now sunk even lower than Keir Starmer's before he resigned, yet we're still being encouraged to believe he has some kind of magic connection with the British public
Who is the real "establishment"? Thoughts on Farage, Trump and new wealth. Free Substack piece philipcoggan.substack.com/p/the-real-e...
The real establishment
Populists claim to be outsiders. They usually aren't
philipcoggan.substack.com
Andy Burnham definitely going back to the 1970s by appointing a man called Healey as chancellor
Argentina losing. Couldn't happen to a nicer bunch of lads
Repeated attacks but the defensive side refuses to give in. But enough of the US-Iran war: how is the football going?