Bloomberg's @lizzzburden interrupts UK minister Peter Kyle to reveal that his colleague Defense Secretary John Healey has just quit the government https://t.co/IaM1l31W4E
NEW ODD LOTS:
It's the world's biggest computer chip!
$CBRS went public this week, riding the huge AI boom.
So @tracyalloway and I talk to CEO @andrewdfeldman about why he believes his dinner-plate sized chip is the secret to blazing fast inference https://t.co/eguDDTLCwJ
Exclusive with @EllenAMilligan
The foreign office has sent redundancy letters to the Iran crisis team that is leading the UK’s response to the war
Around half of the officials in the unit are expected to take up the offer, which comes as part of severe FCDO job cuts
The crisis team works around the clock in a windowless bunker to support British nationals and work on policy and scenario planning
Officials find out in the coming days if their jobs are being kept or not
The redundancies in the Iran team are happening just as Trump mulls new strikes on Tehran and the crisis threatens to escalate
https://t.co/Sso54AhWrZ
New: Manosphere influencer Clavicular is everywhere, and that’s not an accident. A paid marketing campaign is spreading video clips of his controversial antics across social media. https://t.co/OcCDvGVASn
We have forgotten how bad 2022 crisis was.
Commodity: price today (peak in 2022)
Brent: $99 ($139)
EU steel: $710 ($1,435)
EU wheat: €200 (€438)
US corn: $4.5 ($8.2)
EU gas TTF: €51 (€339)
Henry Hub gas: $2.9 ($9.7)
German power: €95 (€984)
Urea: $660 ($910)
CHART OF THE DAY: Without minimizing Qatar's announcement that it's shutting down LNG production (which triggered a 45% price jump), here's a bit of context about international gas prices. Using European benchmark TTF as a proxy, here's the price chart of the last few years.
Albee Zhang writes about China's young, low-cost retirees, quitting careers before thirty and taking advantage of China's slowing economy to chill out in semi-abandoned, shockingly cheap housing complexes: https://t.co/kEBux5cLsO
Europe faces its biggest energy crisis since Russia's invasion of Ukraine in 2022 🚨
Qatar shut production at the world's biggest LNG export plant after an Iranian drone attack. That facility produces ~20% of global LNG supply
Europe will need to compete with Asia for LNG
A couple of years ago, following an 8 year public records battle w/ODNI, I was able to get a document declassified: Kremlin Ordered Assassinations Abroad Will Probably Persist
As far as I could tell, nothing like this had ever been publicly released
https://t.co/LtVfncPOK8
It is not enough to cast the great spin doctor out of political life. Unless we want to see a disgusted public revolt against the political establishment, we need to cast his spirit out of political life,
https://t.co/WGPTok8Uxx
Thank you to the FT, and it's amazing editors, and to everyone who has read and shared for an overwhelming response. You can read the full, uncut version of the story here: https://t.co/zxiwH5j6FS
Battery prices at $108/kWh is wild to see. That's the global average for all-in pack prices. In China, where EV and solar+battery adoption continues to rip, pack prices are down to $84/kWh. Latest figures from BNEF:
https://t.co/3FPLG1iEuB
"It’s uncommon for a city to have even one sovereign wealth fund; the UAE’s capital has three"
This piece is a nice overview of how and where Abu Dhabi invests its wealth
https://t.co/UkzuXTPWzO
It would be criminal for the Manchester United board not to invest in their women’s team and give them much needed squad depth. That team are out there giving there absolute all every time they step on the pitch and shining so bright in CL. They DESERVE a board that backs them.
🚨 EXPLOSIVE NEW investigation: We uncovered previously undisclosed details about an 18-month money laundering investigation into Jeffrey Epstein that took place alongside the 2007 federal sex crimes probe, according to emails & docs @business obtained from Epstein's personal Yahoo account & source familiar
🎁 https://t.co/hD2xtTV5o4
Cristiano Ronaldo has become a billionaire largely from what he earns on the field rather than off it - unique among the world's richest athletes
In the first comprehensive calculation of his net worth, we estimate CR7 is worth $1.4 billion, post tax
https://t.co/OZOErM3akm
Very good slide pack from @OxfordEnergy about one of my favorite topics: surging Chinese oil production.
"... closely attuned to government efforts to sustain domestic production for energy security..."
#OOTT#China
Link: https://t.co/tazQvCxOlN
In just a few decades, China went from choking smog to clean-energy dominance — revealing the strength and risks of state control https://t.co/5pVdJsfFqo
China has revived some Covid-era health controls in the southern Guangdong province to prevent the spread of a painful mosquito-borne viral disease https://t.co/esNVX699gN