@mr_james_c i'm pro nuclear (never gonna happen cos people hate it, alas), but bridging with gas is cheaper again. 20-40x cheaper than batteries, including storage costs and CCGT from scratch just for fun
@Brad_Setser@jayoreilly1183@Padraiccleary@Aidan_Regan yes, agreed on that point in a subsequent tweet. mine was that the Irish offices of Apple and Microsoft do normal valuable work. it's the balance of work/tax that you question, I think, not the amount of work
@Brad_Setser@jayoreilly1183@Padraiccleary@Aidan_Regan but your basic point, that the tax revenue is wildly disproportionate to headcount (~$1m per head in ireland, ~$100k in US), is of course totally valid. it's just that the headcount is not directly related to the tax play
@Brad_Setser@jayoreilly1183@Padraiccleary@Aidan_Regan you could just google it, Brad. Apple's Ireland operation is mostly EMEA customer service, supply chain and ops, with a bit of hardware testing. Microsoft is EMEA sales and some cloud dev. IP booking is low headcount, and in any case why would those jobs need to be in ireland?
At last, Haiti has some hope.
Aggressive policing is weakening gangsters' control.
THE KIDNAPPING was to take place in the busy middle-class neighbourhood of Delmas in Port-au-Prince, Haiti's capital.
#haiti
"Kristi Noem, the secretary of homeland security, and Greg Bovino, who commanded in Minneapolis, have blatantly lied. They should be fired."
https://t.co/ywknleF8d0
With just over 1,800 interviews complete (Jan 22-25), we see a big jump in favourables for @MarkJCarney. HIghest we have measured since we started tracking.
Survey finishes tomorrow likely and results out later this week. #cdnpoli
BREAKING: Natural gas prices rise another +25% and post their largest 2-day gain in history as an โarctic blastโ sweeps across the US.
Natural gas prices are now up +60% in 2 days.