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raydouglas.bsky.social
Journalist at @financialtimes.com Formerly @thetimes.com‬ and The Sunday Times | Editor, writer and occasional coder | Markets and tech | Views my own 🌐 http://raydouglas.co.uk
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I’m shocked… “Eventually, all the phones can be built in the United States of America,” the president’s second-born son told … podcaster Ben Shapiro Daily Beast www.thedailybeast.com/donald-trump...

This is not satire... The company will begin selling a gold smartphone for $499 in August FT www.ft.com/content/e660...

Very good read here from @tobyn.bsky.social and @raydouglas.bsky.social on the role of Gold rally and its role vs Euro and the US Dollar on.ft.com/3HE2ouU [free link]

🇺🇸 Republicans rely heavily on Fox for news whereas Democrats get their information from a wider group of sources New Pew Research www.pewresearch.org/journalism/2...

Now that's a headline... FT www.ft.com/content/31c6...

A new form of smuggling is funding Mexico’s cartels, with fuel from the US illegally imported in massive volumes. One in four vehicles in the country could be running on contraband fuel. W/ @digitalcampbell.ft.com christine murray @peter.andringa.me @alisonkilling.bsky.social 👉 ft.com/mexico-fuel

Young men and young women are diverging on their views of identity and equality issues …

Long-dated bond markets look pretty scary at the moment... but central banks should pass the buck- not their problem

Always worth listening to @katie0martin.ft.com on.ft.com/4kXL7eE Why we should worry about the rise of stablecoins

“For the first time in almost a generation, governments are starting to face resistance from the market when they try to sell long-term debt.” From the Financial Times’ “Big Read” on “The mounting pressure on bond markets.” #economy #markets #debt #bonds @financialtimes.com

This May’s Beige Book paints a bleak picture of a strong US economy losing steam: • Spending is soft • Hiring plans are on ice • Firms are bracing for tariffs • The outlook remains clouded by uncertainty #BeigeBook #Fed #Markets #Economy

🇬🇧🇺🇸 Back in May, British exports of steel and aluminium were suppose be zero-rated for tariffs, according to the UK deal signed with the US Now duties on UK steel and aluminium will be 25% — “a carve-out for London”, writes the FT FT www.ft.com/content/2c41...

⚓ Babcock International jumps as UK unveils plans to expand submarine fleet 🌊 Babcock is currently up 6% today on the back of the government's strategic defence review The London-headquartered group, through the future maritime support programme, helps support the UK’s submarine fleet

🌮🎶 @robarmstrong.bsky.social's "Taco" trade is now a reggaeton hit, courtesy of TikToker @casadimusic.bsky.social This video been viewed more than half a millions times... and counting

⚽️ More than 70mins in, Inter has only managed 1 shot on target 🏆 #UCLfinal | #UCL

🇮🇹 An exodus of educated Italians are leaving the country “Attractive employment opportunities need to be created for the many Italians who leave the country in search of better prospects,” said Fabio Panetta,the governor of the Bank of Italy FT www.ft.com/content/7544...

🚀 Nvidia beats expectations again Revenue surged 69% to $44.1bn as the chipmaker continues to ride the AI boom Demand for its products remains “incredibly strong”, says CEO Jensen Huang FT www.ft.com/content/5f2c...

🌮 “Taco” trade, coined by the FT’s @robarmstrong.bsky.social, has officially landed in the White House

Aaaaand I think we're done here #TACO

🚗 Tesla’s April sales in Europe dropped by nearly half 🚙 Musk’s group sold just 7,261 cars -- down 49% year on year -- despite a 28% jump in overall EV sales across the region, according to data from the European Automobile Manufacturers’ Association Link www.acea.auto/pc-registrat... #Tesla #EVs

@robarmstrong.bsky.social’s Taco trade — ‘Trump Always Chickens Out’ — comes to mind

Have we been catfished by The Telegraph? 👀 An image of the same family purporting to show Al and Alexandra Moy ("£345k income, private school woes") can also be found on this site from Kansas-based Redbud Pediatrics (www.redbudpediatrics.com/sun-safety/) Very odd...

This is not satire … Telegraph www.telegraph.co.uk/money/earn-3...

🇺🇸 Apple stock drops after Trump threatens iPhone tariff Trump threatens #Apple with 25% tariff on iPhones unless group shifts production to the US -- a move Wedbush called 'a fairytale' Producing iPhones in the US could push prices to ~$3,500 and take 5 to 10 years to implement, said analysts

🇺🇸 Trump plans to impose 50% tariff on EU imports from next month European stocks slide and Wall Street set to open lower after US president attacks the bloc FT www.ft.com/content/db77...

US applications for British citizenship hit a record high during the first few months of Donald Trump’s presidency, as immigration lawyers report a surge in Americans looking to move to the UK because of economic and safety concerns. @financialtimes.com on.ft.com/4jekcd2

⚽ Manchester Utd shares sink after Europa League final defeat ⚽ Football club on course for steepest one-day drop in more than a year after losing final to English rival Tottenham The defeat means missing out on next season’s lucrative UEFA Champions League tournament

🇨🇳 China’s BYD sells more electric vehicles in Europe than Tesla for first time The milestone comes as #Tesla faces slumping demand, blamed on an ageing lineup and a backlash over Elon Musk’s meddling in regional politics FT www.ft.com/content/53ec...

🇺🇸 Wall Street stocks slip back into negative territory for 2025 The drop followed a weak Treasury auction and mixed earnings reports from retailers Target, Lowe's and TJX

🇬🇧 Tomorrow’s front pages 🇪🇺 It’s safe to assume these papers are fully aware of the economic damage wrought by Brexit -- and yet their reaction to Starmer’s modest EU “reset” feels distinctly overblown

🇬🇧 🇪🇺This is an important point on the new UK-EU trade deal that may get lost amid the outcry from the likes of Farage and Badenoch By the way, fishing accounts for 0.03% of UK GDP

🇬🇧 As Starmer's government attempts to "reset" relations with the EU, it's worth noting that less than a third of Britons now say it was right for the UK to vote to leave the trading bloc In fact, only 27% of Britons support the UK’s current relationship with the EU