Abdulrahim Breish

Macroconomics+financialmarkets| @ColumbiaUniversity|@ColumbiaSIPA|@bayesbschool|@bruneluni|Tweets=own views & RT ≠ endorsements 🇱🇾 🇱🇾

[Christiane Amanpour @amanpour]

“Yes, I lost my parents on October 7, but I won this. I won Aziz as a brother.” Palestinian Aziz Abu Sarah and Israeli Maoz Inon tell the personal story behind their inspiring new book, “The Future is Peace.”

[Abdulrahim Breish @bre_a30]

@US_SrAdvisorAF And when are we going to see one executive government and elections?

[Abdulrahim Breish @bre_a30]

@malonebarry Has he been to Libya?

[Abdulrahim Breish @bre_a30]

@US_SrAdvisorAF None from the camps will commit and eventually they will look for ways to derail and continue this massive over spending spree on blank cheques and severely plunge the libyan dinar versus usd, eur and gbp

[Abdulrahim Breish @bre_a30]

@StateDept Out of curiosity, how’s Libya, Kuwait, Kazakhstan,extracting wealth from the American people? It’s a genuine question, im not being sarcastic.

[Abdulrahim Breish @bre_a30]

@MustafaBarghou1 @piersmorgan isn’t she the same person you hosted on your show?

[Jostein Hauge @haugejostein]

This is one of the books that inspired me to pursue a master's degree in development economics.

I remember being consumed by it during breaks in a summer job I had in 2009 in Tromsø, my hometown. Sometimes I even hid in remote bathrooms just to read a little more.

[Kenneth S Rogoff @krogoff]

Almost a decade ago I was the Harvard economist that said that bitcoin was more likely to be worth $100 than 100k. What did I miss? I was far too optimistic about the US coming to its senses about sensible cryptocurrency regulation; why would policymakers want to facilitate tax evasion and illegal activities? Second, I did not appreciate how Bitcoin would compete with fiat currencies to serve as the transactions medium of choice in the twenty-trillion dollar global underground economy. This demand puts a floor on its price, as I discuss at length in my new book Our Dollar, Your Problem. Third, I did not anticipate a situation where regulators, and especially the regulator in chief, would be able to brazenly hold hundreds of millions (if not billions) of dollars in cryptocurrencies seemingly without consequence given the blatant conflict of interest.
https://t.co/bK0Twhy5aK

[Abdulrahim Breish @bre_a30]

@captgouda24 @Columbia is definitely in the top 3/4 along with Hardvard, UChicago, & MIT

[Stephen Wertheim @stephenwertheim]

Israel attacked Iran because it feared diplomacy might work. A nuclear deal could lead Iran to be integrated into a new Middle East and allow the United States to pull back from the region. The outcome that would most benefit America is the outcome Israel acted to prevent.

[Abdulrahim Breish @bre_a30]

@piersmorgan It’s like the movie “Unbreakable” with Bruce Willis….did he remove his wedding ring?

[Abdulrahim Breish @bre_a30]

@UKinLibya @BWoodward_UN Maybe it’s time you pressure for real elections where Libyan citizens can freely pick the right leaders who will bring the Libyan economy from the brink disaster. It’s insane that some members of international community push for one budget between two govs !

[Sewell Chan @sewellchan]

Yesterday, I was fired by @Columbia. Here’s my statement, part 1:

[Yanis Varoufakis @yanisvaroufakis]

Trump, the Dollar and China: What to watch for in 2025

Trump wants to boost exports, bring back American jobs from overseas and reduce the trade deficit. To achieve this he needs a weaker dollar.

Trump also wants a strong dollar and will not brook any challenges to its near monopoly of international payments.

Can he possibly have both?

Trump’s Problem No.1: His announced tariffs will most likely boost the dollar as a result of increased uncertainty globally. Even if he slaps large tariffs on imports, the increase in the dollar’s value will eliminate the downward pressures on imports and the US trade deficit.

Trump’s Problem No.2: His announced large tax cuts for the rich will boost the influx of foreign capital into the US, further boosting the dollar and the gap between domestic savings & investment, which is the root cause of the US trade deficit.

Trump’s Problem No. 3: The near monopoly of the US dollar over international transactions is what ensures the paradox that, whenever things go bad in the US economy, the dollar rises. If Trump were serious about the US trade deficit, and his stated objective of wanting to push the dollar down to make US exports more attractive, he should want to end the dollar’s global dominance. But that would spell the end of the United States as a global hegemon – something Trump does not want to see happen on his watch.

Perhaps what might work for Trump would be something similar to what Ronald Reagan did to Japan in the so-called 1985 Plaza Accords: he gave them the ultimatumn “appreciate your currency massively or face massive tariffs on your exports”. Can Trump do the same to China? China is no Japan – it will not roll over that easily.

Talking of China, Beijing also faces a great dilemma in 2025 and beyond:

· To stay put and play for time until the US internal contradictions play out?

· Or to turn the BRICS into a Bretton-Woods-like system, with the yuan at its heart?
Beijing has not made up its mind.

In the next year, or years, we shall know the answers. Till then, be well.

[Abdulrahim Breish @bre_a30]

I had the pleasure to have an insightful and engaging conversation with Dr. Aref about the landscape and political economy of Libya. So many obstacles to tackle and many opportunities ahead to reform. Thank you for your time@aref_nayed

[Abdulrahim Breish @bre_a30]

British Consulate in the Old City of Tripoli.

@UKinLibya there should be a British touch in the consulate to revive its significance since Karamanli Dynasty.

Such places as well as others such as the French Consulate in the old city @AmbaFranceLibye

[Abdulrahim Breish @bre_a30]

When it comes to negotiations and decision dilemma be it in economics and politics, Game theory has always been a model that would effectively address the impasse or making the right decisions based on the “payout” the players subject to the right strategy being used.

[Abdulrahim Breish @bre_a30]

With the overall 1 year trend of oil prices moving bearish with signs of the world economy heading into a recession due to the precarious geopolitical tensions in the region, that might not be favorable for Libya’s only source of income.

[Abdulrahim Breish @bre_a30]

@Niall_Boylan It’s not just Christians, even us as Muslims that believe in Jesus feel insulted. No prophet or companions of prophets should be desecrated in any manner. Everyone can have their own laisser faire life but there are limits when it comes to religion and it’s sanctity

[Abdulrahim Breish @bre_a30]

@MarionMarechal It’s not just Christians, even us as Muslims that believe in Jesus feel insulted. No prophet or companions of prophets should be desecrated in any manner. Everyone can have their own laisser faire life but there are limits when it comes to religion and it’s sanctity