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stefanodepatmos.bsky.social
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Chris Mullin in the Weekend FT

Well, well!

I mean this is not a big deal in the scope of things but the US produces less than 1% of the coffee it consumes and there's no room to chance that because there's nowhere to grow it. What kind of utter dumbass puts a protective tariff on coffee under those circumstances?

🚨 Nigel Farage compares Donald Trump to Liz Truss over tariffs. He tells LBC: "I think Trump did too much too soon, rather like Liz Truss did a couple of years ago."

Remember Trump is using emergency legislation for the tariffs. So the measures that were urgent and necessary to meet that emergency have now suddenly become non-urgent and unnecessary. If US congress and courts properly held president to account for misuse of emergency powers, this would matter.

New - Rachel Reeves tells the @FT that closer EU/UK trade ties "imperative" in wake of Trump trade war and claims that Britain is a safe haven for investors in the midst of the chaos. With @DanielThomasLDN www.ft.com/content/f51a...

🚨🚨 This is great work by @rafaelbehr.bsky.social on the need for Britain to disentangle itself of the legacy of the old transatlantic partnership and invest "too much diplomatic capital ..with a regime that hates democracy and thinks reciprocity is for penguins". www.theguardian.com/commentisfre...

I once wrote an article for a British publication and I mentioned Brexit (just in passing, I did not even make a point about it). The journalist who had commissioned it told me "you can try but I am afraid my editor will cut it, he does not like to mention Brexit, he thinks it has been done.”

Last week, I wrote about how authoritarianism leads to poverty and corruption. Feels like an appropriate moment to post it again. www.theatlantic.com/magazine/arc...

Nobody is going to stop Trump on tariffs. The White House, his cabinet, the Congressional GOP are all loyalists. The crash is coming.

50 years on and still brilliant.

Much righteous anger at this, which is of course what the article was designed to generate, but neither it nor any of the comments I've seen points out that removing non-dom status was a policy of the *previous* government, announced by Rishi Sunak, and based on a cross-party and public consensus.

BBC reports that Reform candidate Stephen Hartley standing in Oxford has stepped down following revelation that in 2022 he called Jimmy Savile a "working class hero" on twitter. Er... it's A LOT worse than that! This is full blown "Dolphin Square" and "Nick" territory

NEW 🧵 A quick thread of charts showing how Trump’s economic agenda is going so far: 1) US consumers are reacting very very negatively. These are the worst ratings for any US government’s economic policy since records began.

How bad are Trump’s tariffs? See the whole thing here: youtu.be/t907b15iTRE

“I think we’re all familiar with the old adage, 'When the going gets tough, the tough get going to Florida for a Saudi-backed golf event'...” www.msnbc.com/rachel-maddo...

Perhaps it is time for the rest of the world to increase all tariffs to 54% for the US and lower them between us the rest of the world. We might end up with a better economy, despite the lunatic in the White Trash House. Perhaps the MAGA crowd get's a rude awakening when their 401(k)s tank.

Friendly reminder to the Trump Administration as we all await details of Liberation Day Tariffs The EU's Anti-Coercion instrument is incredibly broad ranging - and affords the EU massive flexibility to escalate and inflict economic pain on the US should it choose to do so 🇪🇺💪🏾

Must be so frustrating for Amol Rajan not to be able to just interview himself about whatever subject he’s discussing rather then than having to dress up his endless insights as questions to an ‘expert’…

My eyes on the real paper and the sausages @lucyantal.bsky.social

New post just out: "Credibility Gaps" On what the Spring Statement tells us about Labour's next year in government. And why the government's attempts to prove economic credibility are now actively undermining that credibility. (£/free trial) open.substack.com/pub/samf/p/c...

NEW: Elon Musk’s X has suspended accounts of Turkish opposition groups, suppressing footage of anti-government protests. So, best we share all the footage we can here! This was last night’s massive demo against Erdogan’s government, which follows the arrest of his rival Ekrem İmamoğlu. 🇹🇷 #Turkey

The impact of drones, manufactured in Ukraine, largely accounts for the shocking losses that Russia has taken over the past year. Western sources reckon that Russia lost 400,000 troops killed or wounded and gained just 0.5 per cent of Ukrainian land in return. www.ft.com/content/2e90...

Interesting column from a former foreign secretary (not as Zelensky-hostile as the headline suggests) www.thetimes.com/comment/colu...

RFK Jr’s top spokesman at HHS resigns after just 2 weeks after reporting clashing with him about his response to the measles epidemic in Texas. www.politico.com/news/2025/03...

Tougher rules to include cheek-swab tests for elite athletes in female categories www.theguardian.com/sport/2025/f...

The UK can secure significant growth of 1.7% - 2.2% through a policy of deep alignment with the EU on goods and services, while staying within Starmer's red lines. This is the approach to push for: peak ambition within the constraints Labour has set. www.thetimes.com/uk/politics/...

The NYT asked me to write an op-ed on Musk and the Treasury and then took a pass. I hope it will still get read.

The greatest irony of Brexit is that it increased political/economic demand for immigration.

The Bishop of Liverpool is accused of sexually assaulting one woman and harassing a fellow bishop. Channel 4 News can reveal a new Church scandal and allegations of a cover-up by the man currently at the helm of the Church of England. 1/10

This week's edition of MFN is called "PEM is not a Customs Union", and it is about why PEM is not a Customs Union. mostfavourednation.substack.com/p/pem-is-not...

This is the HQ of Avis Capital. It claims to be one of the largest companies in the UK, with £58bn in assets and 31% returns promised to investors. Except it's all a lie. Here's how regulatory failures are letting international fraudsters create massive fake UK companies.