There are a lot of incentives for MPs to oust the existing PM when they can get a better position. That's part of the problem of the frequent changes in UK leadership. Makes the country uninvestable
As an MP in the UK, you literally need no qualifications. One day, you can be health minister, home department secretary or energy secretary, the next day you can be chancellor
https://t.co/yiGzDYTZlH
My guess would be Anthropic‘s latest model was so good, nobody would be using ChatGPT anymore, which could risk hundreds of $ bn of data centre investments in the US. The continuation of the rally now fully depends on ChatGPT winning the race against Anthropic. Claude>ChatGPT
This is how Iran will ultimately be defeated. That's why Trump is confident in a deal and that's why all companies in Japan believe the Strait of Hormuz will be back to normal by end of June
So funny reading all these soft oil demand storie suddenly. We have more than 3m bopd released from spr, China's imports are down big time, because their supplies are shut. That's not demand destruction, but supply disruption
Back in 2022 it was when Germany started buying up the LNG from Asia. Now, Netherlands seem to be taking that 1st step. NE currently has 15% gas in storage vs. 36% last year. At 143TWh, NE has relatively large storage tanks (247TWh Germany)
https://t.co/zCOshaD8g2
@JavierBlas Synthomer was also surprised about force majeure at Chinese chemical competitors. Perhaps they engineer it to amplify the supply chain crisis?
If the UK wants to fix their finances, they should just tax their massive £3.2trn pension assets with some kind of capital gains tax. If one assumes 5% annual return and applies a 10% capital gains tax, the government would receive £16bn per annum
@RachelReevesMP
US demands on Iran:
1. US will not pay compensation for damages to Iran
2. Iran must transfer enriched uranium to US
3. Only 1 Iranian nuclear facility will remain operational
4. <25% of Iran’s frozen assets will be released
5. A ceasefire conditioned on continued negotiations