Trump and Xi will be friends even after China attacks Taiwan. Trump and Putin are friends while Russia supplies weapons and intel to Iran to attack US forces & allies. Trump and Kim Jong-un are friends even as North Korean troops invade Europe in Ukraine.
@atrupar Next thing we know Trump will just rename it to the Strait Of America and expel journalists from the White House who don't adopt this rebrand.
@PoliticsJOE_UK How can this even be a topic of conversation. When was the last time the government used this alert system - COVID ? It's not as though we are being bombarded with messages. If it made some people wake up to the serious risk of starting a wildfire it was worth it.
@DAaronovitch Tice's ignorant comment on climate change basically ignores man has caused the climate to change & that man has the ability to make it even worse. Tice is basically saying its nature, there's nothing we can do but learn to live with it. It is what it is apparently. Tragic.
If only all the top world's scientists had warned us about burning fossil fuels and pumping carbon into the atmosphere and the 'greenhouse effect'. Oh they did but 'Dave down the pub thought it was a hoax - a fossil fuel billionaire told him via facebook
@supertanskiii Unfortunately huge swathes of the population still advocate a range of dipshit views - it’s just weather, it’s just summer, enjoy it, we can’t afford to do anything about it, there is nothing we can do about it. Tragic but true.
@williamnhutton Declining harvest yields = food price inflation. More floods & wildfires = rising household insurance premiums. More droughts = rising water bills. Hotter summers means increased aircon & power outages = rising energy bills But apparently we can’t afford to stop climate change ?
@atrupar If Iran says the Strait of Hormuz is now open, well it will be & gradually ships will eventually start to reuse it. If the US says the Strait is open, no ships will use it until Iran says it is open. By any logic, Iran is in control.
Encouraging chart showing the S&P's 2026 YTD performance is not being carried by the Mag 7 - ie a healthy broad mkt rise with 57% of stocks beating the overall mkt as the Mag 7 has underperformed the S&P this year dragged down by Tesla, Meta & Microsoft.
Gary's simplistic thinking is so flawed. To the 5% passive yield he wants to apply a 2% wealth tax. Assume 45% tax & 3% inflation the real yield is negative 0.25%. Gary wants to make the yield negative 2.25%. Nuts. Even with a lowly 20% tax Gary would create a negative yield of 1%.
Anyone interested in America's decline & China's rise should read this lengthy article. Trump is obviously accelerating the US decline - Xi is taking advantage although he has a long term vision/plan as well. China is already dominant in EVs, solar, batteries etc - next up biotech & AI ?
@EdConwaySky When summarising Material World's feedback I would have referred to being shortlisted for the FT/Schroders Business Book Of The Year - I personally consider purchasing every book which makes the longlist.
In light of Gianni Infantino’s poor judgement this week, I am beginning to question whether Donald Trump was a worthy recipient of the FIFA Peace Prize after all.
@martynziegler How can Infantino lead FIFA when clearly his senior team feel aggrieved ? He has lost credibility and lost respect - he has to fall on his sword.
@Gill_G81@bmay And if everyone says this nothing changes. It's about setting an example & encouraging others to follow. The problem is automatically compounding already, but the damage will become exponentially worse without action. This is not idealism, it's common sense.
@henrywinter If Infantino was a CEO of a company, the Chairman and / or shareholders would now force his resignation. There are zero governance guardrails around Infantino who has clearly abused his role. He has zero credibility to continue in a leadership role of a major organisation.