Vor drei Jahren noch eine Ausstellung zu Berufsverboten im Hamburger Rathaus. Jetzt haben SPD und Grüne im Hamburger Senat vor wenigen Tagen ein Gesetzentwurf zur Wiedereinführung dr Regelabfrage beschlossen, die 2026 kommen soll.
C'est à ne pas prendre au pied de la lettre car étant donné l'échéance, il faudra affiner, mais le modèle européen CEP qui a tendance à sous estimer le niveau des températures, voit possiblement un dimanche et un lundi prochain record avec des valeurs absolument stupéfiantes. Les 40°C seraient atteints et même dépassés sur une superficie potentiellement importante.
On va espérer que les modèles dégonflent "ce potentiel" dans les prochains jours.
La fiabilité est assez bonne malheureusement pour dimanche, un petit cran en dessous pour lundi avec des incertitudes sur une masse d'air plus océanique sur les côtes de la Manche et l'extrême nord.
"Ich empfinde es aber auch als Genugtuung, dass Banken und Unternehmen, die früher dafür bezahlt hätten, dass es mich nicht gibt, jetzt für meine Auftritte bezahlen."
???
A key idea in Chinese statecraft since ancient times is that the state has a responsibility to stabilize inherently unstable markets for essential commodities (see How China Escaped Shock Therapy). Public stockholdings like the ever normal granary participated in the market buying when prices are low and selling when prices are high for centuries with the goal of stabilizing supply and demand, prices and ultimately the value of money.
Now China is doing just that with the global oil market: It has drastically reduced its imports, hence pushing down demand in a time of global supply shortages. This is possible thanks to massive public reserves and strategic redundancy (some like to call this “overcapacity”). @JavierBlas finds that the number one reason why oil prices have not shot above USD 100 is China, China and China.
Imagine how much more stability the world could enjoy, if all countries engaged in such buffer stock stabilization for essentials such as grain. I have been calling for this at the G20 food security task force last year (see link below).
60 million barrels of oil have exited the US Strategic Petroleum Reserve in the last 8 weeks, exceeding the draws from the Gulf War, the 2000 winter supply scare, the 2011 Libya reaction and even the 2022 pace. With energy comprising 3.5% of the S&P 500, the typical investor has more in Amazon than they do this entire sector. The US cannot perpetually fill the gap from lost Hormuz barrels.
Apocalyptic bird nest.
A Russian glide bomb knocks down a tree in Donbas. From the shattered branches rolls out a tiny bird’s nest.
Made of drone fiber-optic cable.
Source: Oleg Malchenko
China’s solar industry just hit a massive structural turning point.
Facing 10 consecutive quarters of corporate losses and rampant overcapacity, Beijing is stepping in with aggressive fiscal interventions that just crashed solar exports by 40%.
Here is the real story
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