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petertl.bsky.social
Peter Thal Larsen
@petertl.bsky.social
6.7K followers 560 following 1.6K posts
Global Editor, Reuters Breakingviews. Usual disclaimers apply. Signal: petertl.17 www.breakingviews.com
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petertl.bsky.social
Peter Thal Larsen @petertl.bsky.social · Nov 27
Here’s a starter pack of all the @breakingviews.reuters.com columnists currently on this thing.
bsky.app/start/did:pl...
Reuters Breakingviews
Join the conversation
bsky.app
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Reposted by Peter Thal Larsen
reuters.com
Reuters @reuters.com · 8h
From Breakingviews - Breakingviews - US-China tensions want for a circuit breaker reut.rs/4q38yXf
Breakingviews - US-China tensions want for a circuit breaker
Donald Trump's 100% tariff threat follows Beijing's claim on the rare earths supply chain. The escalation puts export controls and national security concerns at the centre of trade talks. Even if they reach a deal, mutual dependencies mean hostilities could flare again anytime.
reut.rs
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petertl.bsky.social
Peter Thal Larsen @petertl.bsky.social · 21h
This reminds me of high-frequency trading: a technology-driven zero-sum arms race with minimal social benefits.
www.nytimes.com/2025/10/07/b...
Recruiters Use A.I. to Scan Résumés. Applicants Are Trying to Trick It.
www.nytimes.com
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petertl.bsky.social
Peter Thal Larsen @petertl.bsky.social · 1d
The latest edition of the Week in Breakingviews just landed in subscribers’ inboxes. To receive your recap of the highlights from the @breakingviews.reuters.com team every Saturday, sign up here: www.reuters.com/newsletters/...
The Week in Breakingviews Insights from Reuters global financial commentary team   By Peter Thal Larsen, Global Editor Welcome back! Can you name the G7 country that gained a probable new prime minister this week, and the other that lost its newly installed leader after less than a month? Investors are paying close attention to the turmoil at the top – perhaps too much. As always, email me with any ideas or feedback. And if you’re not already a subscriber, sign up for a free trial of Breakingviews here. Opening line “When it comes to finding black gold, oil companies have easier places to look than in the ground.” Five things I learned from Breakingviews this week It took 15 years for the Nasdaq Composite Index to surpass its March 2000 peak. (Read on Reuters.com) The investment required to open a new copper mine has increased by 65% since 2020. (Read on Reuters.com) Almost 90% of Hang Seng Bank’s commercial property portfolio has “a significant increase in credit risk” or worse. If Shell, Experian, RELX and Compass follow AstraZeneca in pursuing a direct listing in New York, the UK could lose 840 million pounds in tax. Large Wall Street banks’ trading assets have risen by 30% since 2022, but their reported value at risk has fallen 15%.
petertl.bsky.social
Peter Thal Larsen @petertl.bsky.social · 2d
UPDATE my Reuters colleague Jeff Dastin has more:
www.reuters.com/world/us/pet...
Exclusive: Peter Thiel in talk on 'Antichrist' says he told Elon Musk not to give wealth to charity
Peter Thiel, the billionaire venture capitalist and early supporter of U.S. President Donald Trump, has urged long-time associate Elon Musk to quit the Giving Pledge under which signatories leave the majority of their wealth to charity.
www.reuters.com
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Reposted by Peter Thal Larsen
reuters.com
Reuters @reuters.com · 3d
BREAKING: Venezuela's Maria Corina Machado wins the Nobel Peace Prize for 2025 reut.rs/42uh3Aw
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Reposted by Peter Thal Larsen
breakingviews.reuters.com
Reuters Breakingviews @breakingviews.reuters.com · 4d
HSBC's Hong Kong deal leaves shareholders in dark - @antonycurrie.bsky.social - tinyurl.com/99cmuryn
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petertl.bsky.social
Peter Thal Larsen @petertl.bsky.social · 4d
The real prize is to get Digital Ray to say bond prices and yields move in the same direction
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Peter Thal Larsen @petertl.bsky.social · 4d
i've already opened a book
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petertl.bsky.social
Peter Thal Larsen @petertl.bsky.social · 4d
If this means his PR team stop emailing me his latest Linkedin posts, I'm all for it
I'm at a stage in life that has led me to want to share my insights and experiences, rather than keep them to myself. I’ve always found exchanges with my readers rewarding, and I wish I could do so more often. Over the last 35 years, I've written down nearly all my principles and criteria for making decisions. Now, thanks to rapid AI technology—and frankly, because it’s so cool—my AI team and I have developed Digital Ray. This tool allows me to speak with everyone who wishes to, for as long as they want, at any time. The first version of what I’m temporarily calling “Digital Ray” has been in beta testing for a few months now and is well-trained to converse about life and work as I would. If people allow it, it can also get to know them, making the conversations more personalized. That version had communications in text. This new version has been upgraded, allowing us to have voice conversations just like we would in a real conversation. You can use it any time, whether you’re exploring an idea, making a decision, or navigating a difficult situation, and wherever you are. Additionally, you can choose to have the audio transcribed and saved to your chat history after the conversation ends, allowing you to revisit it at any time. If you’re interested in joining this beta test, which I'm sure you will find interesting and I know will help me make this thing great, you can sign up below. For this beta round, we’re looking for individuals who will be active users of the tool and provide feedback. Sign up for the Digital Ray voice beta here: https://principles.com/AIBeta-signup
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petertl.bsky.social
Peter Thal Larsen @petertl.bsky.social · 4d
Gold on the blockchain, folks. What a world.
World Gold Council launches report exploring future uses of digitalised gold Today, the World Gold Council released A New Golden Age: Imagining the Future of Digital Gold, a forward-looking report which explores the future potential uses and possibilities of digital gold. The report centres around the hypothetical question “What if?” and seeks not to predict the future but instead to explore the possibilities of what gold could be used for and how its utility might change in a digital future that is unconstrained by how it is used today.
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petertl.bsky.social
Peter Thal Larsen @petertl.bsky.social · 5d
This will be met with the usual howls about over-regulation from the finance industry. But the reality is that the regulator reckons 44% of all car loans - 14 million agreements - treated customers unfairly.
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Peter Thal Larsen @petertl.bsky.social · 5d
There it is: UK regulator recommends compensation scheme for unfair car loans made between 2007 and 2024. Average payout of £700 per head, for an estimated total cost of £11 billlion.
www.fca.org.uk/news/stateme...
Total cost of redress We estimate around 85% of eligible consumers would take part in the scheme, which would mean estimated redress of £8.2bn (including interest). This estimate of 85% is based on participation rates in past redress schemes and our consumer research which shows 14% of past and current motor finance holders do not intend to make a claim. In the very unlikely event of 100% take-up, firms would owe up to £9.7bn in redress. And if there was a lower 70% take up, the redress owed would be . If there is 85% take-up of the scheme, the estimated costs to firms of implementing and operationalising the scheme would be , taking the total cost to £11bn. We estimate that this would result in consumers being compensated an average of around £700 per agreement.
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petertl.bsky.social
Peter Thal Larsen @petertl.bsky.social · 5d
This photo from Portland by @reuters.com's Carlos Barria 👌
A demonstrator dressed in an inflatable frog costume stands infront of law enforcement officers during a protest outside of the ICE (Immigration and Customs Enforcement) headquarters in south Portland, Oregon, U.S., October 3, 2025. REUTERS/Carlos Barria
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Reposted by Peter Thal Larsen
reuters.com
Reuters @reuters.com · 6d
🔊 Costly natural disasters are more prevalent, while technology allows insurers to pinpoint risks more precisely. In The Big View podcast Peter Thal Larsen talks to Mario Greco, CEO of Zurich Insurance, about how the insurer is navigating the landscape reut.rs/46VD0tk
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petertl.bsky.social
Peter Thal Larsen @petertl.bsky.social · 6d
Il Sorpasso
www.breakingviews.com/columns/brea... by @pierrebri.bsky.social
Chart showing yields on French 10-year government bonds rising above the yields on 10-year Italian debt
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petertl.bsky.social
Peter Thal Larsen @petertl.bsky.social · 7d
Margaret Thatcher was a fiscal disciplinarian who endorsed high interest rates. Sanae Takaichi is the opposite. A welcome corrective to some of the more simplistic weekend reactions from @hudsonlockett.bsky.social.
www.reuters.com/commentary/b...
Breakingviews - Japan’s leader-in-waiting is no Iron Lady
Sanae Takaichi likens herself to fiscal disciplinarian Margaret Thatcher but wants to up spending. Nor is she an unalloyed heir to mentor Shinzo Abe. Rather, her priorities portend either political discord or a sharp swerve that shatters economic consensus and pummels the yen.
www.reuters.com
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petertl.bsky.social
Peter Thal Larsen @petertl.bsky.social · 7d
In which @jwmason.bsky.social puts his finger on a central contradiction of AI: it’s both a result of free sharing of information online, and a threat to it.
jwmason.substack.com/p/actual-int...
The lesson we should be taking from LLMs is the immense social value there is in having all kinds of material – all kinds of products of human intellectual labor – freely available online. They should be reminding us of the early utopian promise of the web. But now we must turn this around. The other side, of course – of course! – is that the companies making LLMs are not doing so with the goal of more easily sharing the material that people have made freely available on the web. They are doing so with the goal of enclosing it, of converting the products of free human activity into commodities.
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petertl.bsky.social
Peter Thal Larsen @petertl.bsky.social · 7d
Seriously? It's possible I didn't get to the end as an undergrad...
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Peter Thal Larsen @petertl.bsky.social · 7d
I took a copy of Schumpeter too, for balance
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Peter Thal Larsen @petertl.bsky.social · 7d
Meanwhile here is the 1964 edition of Paul Samuelson’s classic economics textbook worrying about the USSR economy overtaking the U.S.
Page from economics textbook titled “America leads Russia, but will the gap narrow”
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petertl.bsky.social
Peter Thal Larsen @petertl.bsky.social · 7d
Wife’s aunt asked me if I wanted any of her late husband’s economics books and look what I found
Book cover: J. Stalin - Economic problems of socialism in the USSR
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Reposted by Peter Thal Larsen
kristinacooke.bsky.social
Kristina Cooke @kristinacooke.bsky.social · 8d
I spoke to a Venezuelan woman who was arrested in this raid and later released with her 4yo son. She said agents broke down their door, pointed guns at them and made sexualized remarks about Venezuelan women. When she returned to her apartment it was boarded up and all her possessions were gone.
tedhesson.bsky.social
Ted Hesson @tedhesson.bsky.social · 8d
US Border Patrol raid sweeps in citizens, families as Chicago crackdown intensifies, w/ @reneehickman.bsky.social @kristinacooke.bsky.social www.reuters.com/world/us/us-...
US Border Patrol raid sweeps in citizens, families as Chicago crackdown intensifies
U.S. Border Patrol agents deployed to Chicago led a late-night raid on an apartment building this week, rappelling from helicopters onto rooftops and breaking down doors in an operation authorities said targeted gang members but which swept up U.S. citizens and families.
www.reuters.com
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petertl.bsky.social
Peter Thal Larsen @petertl.bsky.social · 8d
The latest edition of The Week in Breakingviews has landed in subscribers’ inboxes. To get it every Saturday morning, sign up here: www.reuters.com/newsletters/...
The Week in Breakingviews Insights from Reuters global financial commentary team   Image Image Image Image By Peter Thal Larsen, Global Editor Welcome back! At Breakingviews we love nothing more than a big deal, and this week the M&A gods delivered. Some thoughts on the $55 billion takeover of Electronic Arts below, plus other highlights from the past seven days. As always, email me with feedback or tips. And if you’re not already a Breakingviews subscriber, sign up for a free trial here. Opening line “In the book ‘Trump: The Art of the Deal’ the future U.S. president counsels wannabe business titans to never settle for less than they want. Big Pharma CEOs appear to have taken that lesson to heart in negotiations with the White House.” Five things I learned from Breakingviews this week Almost half of large UK businesses do not have insurance against a cyberattack. (Read on Reuters.com) Berkshire Hathaway’s cash pile has doubled in five years. (Read on Reuters.com) China’s $108 billion Zijin Mining is almost as valuable as BHP and Rio Tinto. Indian spending on artificial intelligence in the past decade was just 9% of China’s. More than 5% of Americans with car loans are behind on repayments.
petertl.bsky.social
Peter Thal Larsen @petertl.bsky.social · 9d
Don Draper, a whiteboard, and Tariffs: But Everything is Exempt
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petertl.bsky.social
Peter Thal Larsen @petertl.bsky.social · 9d
You’re speaking at a conference called SATH? Of course you are.