Insightful comments by Gideon Rachman, #FT, why Israel chose to attack Iran now
Insightful comments by Gideon Rachman, #FT, why Israel chose to attack Iran now
📰. Interesting read in the #FT about an even riskier world economy
Eli Willits prepares for MLB Draft after stellar career at Ft. Cobb-Broxton https://www.rawchili.com/mlb/95048/ #Baseball #EliWillits #Ft.CobbBroxton #MajorLeagueBaseballDraft #MLB #MLBDraft
Still more on stablecoins in the #FT
"'Stablecoins need to find a killer application, not served by existing arrangements, attractive enough for sufficiently large scale adoption to scale . . . But what is this application?'
I would argue that we already know exactly what this application is. It’s crime."
https://www.ft.com/content/504d88d5-a14a-4f53-b275-ee57aad55348
Debt is crushing the developing world
A reminder and something that has been ignore by many in the West, most governments willing to turn a blind eye to the plundering of already poor countries by the companies that they regulate.
#Debt #DevelopingWorld #Theft #Profiteering #Misery #Stiglitz #FT
Chiesa, una oportunidad para el Atlético de Madrid
https://todofichajes.com/chiesa-una-oportunidad-para-el-atletico-de-madrid/
#ATLTICODEMADRID #Fichajes #FichajesEspaa #FichajesLigaEASports #Ft
I'm considering alternatives to the #NYTimes for my mainstream media. I don't have time to read many, so I need to choose just one. Right now, the #FT is my main candidate. They provide good US coverage but excel in international news. For example, today's Ukrainian attack on Russian air bases is prominently featured at the top of their front page, while the NY Times has it as a small header in the middle under US political news. The only downside is that the subscription isn't cheap. :(
🌍 We are “confronted with an irony of history: (…) It is Europe that now cleaves closer to the Enlightenment values of secular reason, mistrust of organised faith & commitment to deliberation; the US that is in the hands of social conservatives dreaming of a return to traditional values.”
Spot on in the #FT 📰
Israel Is off the Leash
https://consortiumnews.com/2025/05/29/israel-is-off-the-leash/
Des Freedman on the dramatic change that a plethora of editorials in the broadsheet U.K. press have taken on Israel’s assault on Gaza. By Des Freedman Declassified UK After 19 months of supporting Israel’s “right to self-defence,” gently criticising its…
#Politics #Commentary #Gaza #Israel #Media #UnitedKingdon #DesFreedman #Ft #Gaza.Genocide #Independent #InternationalCourtOfJustice(icj) #TheGuardian #TheTelegraph #Times
#FinancialTimes did a deep dive on the business model of the world's second largest #stablecoin: Circle's #USDC. It's the one that's managed by an American company and is significantly less connected to Chinese organized #crime than the other #stablecoins.
Circle, which has a very deep business relationship with #Coinbase, is trying to go public this year or next. This is their second attempt - they filed to go public ca. 2021 but ended up not doing so because... no one wanted to buy shares in a company like Circle.
I suffered through reading Circle's original SEC filing in 2021 and it made clear that a) Circle wasn't making any money and b) executive compensation was *absurdly* high... but that was in a low interest rate environment. according to #FTAV they can't even make the math work in today's high interest rate world, which surprised me.
* FT: https://www.ft.com/content/269a9260-7445-4b44-9b84-82dcdfc3c92e
* no paywall: https://archive.ph/9gGGm
https://www.alojapan.com/1282673/softbanks-son-makes-proposal-for-japan-us-sovereign-fund-ft/ SoftBank’s Son makes proposal for Japan-US sovereign fund: FT #FT #Fund #Japan #JapanNews #JapanUs #makes #news #proposal #SoftBank's #son #sovereign TOKYO — SoftBank Group Chairman and CEO Masayoshi Son is proposing to establish a Japan-U.S. sovereign wealth fund that would make technology and other investments across the U.S., the Financial Times reported Sunday. The Japanese Ministry of Finance and the U.S. Department of the Tre…
🇯🇵 :youtube: **Japan's population crisis reaches tipping point**
“_Japan has been struggling to cope with a combination of anaemic economic growth and a shrinking population for over 30 years. 2025 marks the tipping point when the rising costs outstrip the country's capacity to pay for them._”
#Video length: twenty minutes.
🔗 https://www.youtube.com/watch?v=nmdujC0MUKA.
#FT #Japan #Demographics #Demography #Economy #Economics #Population #Asia #Immigration #Birthrate #Fertility #Fertilityrate @economics
📽️ vidéo en ✊ J-1 avant le Meeting Révolutionnaire et Internationaliste de la FT !: -- fnufunuJ0ok?version=3 #J1 #MeetingRevolutionnaire #Internationalisme #FT #YouTube
J-1 avant le Meeting Révolutio...
📽️ vidéo en ✊ J-1 avant le Meeting Révolutionnaire et Internationaliste de la FT !: -- fnufunuJ0ok?version=3 https://www.youtube.com/watch?v=fnufunuJ0ok&utm_source=dlvr.it&utm_medium=mastodon #J1 #MeetingRevolutionnaire #Internationalisme #FT #YouTube
Within hours of another "yippy" #Treasury #Bond auction, the #US #Congress approved sweeping task cuts (mostly to rich folk).
In the secondary market the 30-year treasuries are now past 5%. Pressure mounts on the #Housing market.
Over at the #FT a random commentator put it sharply: "It's going to be a Big Beautiful #Bankruptcy."
“OpenAI has agreed to acquire former Apple design chief Sir Jony Ive’s hardware start-up io for $6.4bn in a bet on alternatives to the smartphone as the dominant device to access AI.
The ChatGPT maker has paid $5bn for full ownership of io, in an all-equity deal. It already had a 23 per cent stake. The 55 employees working at io will join OpenAI, but Ive will not become an employee, according to people close to the deal.”
US Health Care - a symptom of a broken society?
'America is the only advanced economy without a system of universal health coverage. The US spends more than $4.5tn annually on healthcare — and is projected to soon account for one-fifth of its economy. Even on a per capita basis, other large, rich nations spend about half as much as America'
And many other nations have better outcomes.
But hey it 'boosts the economy'
Two things of note out of the #FT investigation:
1. Small, decentralised producers seem to have been the source of the #Blackout on the 27th of April.
2. Contrary to previous reports, #software is in fact being investigated as a culprit.
https://www.itpro.com/security/spain-reconsiders-possibility-of-hackers-causing-blackouts