Serbian lithium, Mother Courage & Erdogan in West Africa
Serbian lithium, Mother Courage & Erdogan in West Africa
Top links and reads from the Chartbook Newsletter by Adam Tooze
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Here is a selection of some of the Top Links for today.
Grandeur!
Inflation worries
We are all worrying about it. A few days back I found this dense piece by Mohamed El-Erian particularly compelling.
“As the new year unfolds, both the Fed and markets have a huge stake in inflation coming down in an orderly way. But the window of opportunity for policy to achieve this is rapidly closing. The alternative is a disorderly drop, which would involve the even bigger Fed policy error of having to be too abrupt in tightening monetary policy after being way too slow previously.”
I’m team transitory all the way, but with teeth clenched at this point. A lot riding on the CPI numbers tomorrow!
Digital lag
Japan has twice as many broadband subscriptions per 100 inhabitants as Germany, whose subscription rate is barely greater than that of Mexico.
Mining Lithium in Serbia
I found this FT piece on the contested Rio Tinto lithium development in Jadar, Serbia intriguing, but also question begging.
Asking the hive mind of twitter for more information, elicited this very sensible intervention by Aleksandar Milosevic on danas.rs Stick it through google translate.
the dilemma to be decided is 1,000 well-paid jobs and about 30 million euros of annual state revenue (plus 2,000 jobs on construction and partly engaging domestic suppliers in a project worth over two billion euros), and against the relocation of 50 families, the destruction of some 400 hectares of land and the creation of tailings to the detriment of local flora and fauna. A potential battery factory with its jobs and taxes or a different calculation of state revenues changes the ratio of gains and losses. So, we decide on that. And not about whether we are for Vučić or not.
Cargill currency
Erdogan’s ambition
Not inflation, devaluation and crisis for once, but Erdogan’s infrastructural ambition in North West Africa. V interesting this SWP paper by @michaeltanchum
Managed by Turkish port operator Yilport, Italy’s Taranto port began servicing the Turkey-Italy-Tunisia network in early July 2020. V interesting this by
Banning “Franglais”
Mother Courage
The first performance of Brecht’s Mother Couragee in Berlin took place on 11 January 1949. Imagine seeing it amidst the ruined city and mass flight of Germans from the East.
Stunning bookstore
Better late than never
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