KY
interneconomics.bsky.social
KY
@interneconomics.bsky.social
Views are my own and do not represent my employer. Re-posts & Likes ≠ endorsements.
Reposted by KY
Thousands of people lined up at the Minnesota Capitol to pay tribute to slain lawmaker Melissa Hortman and her husband, Mark. Between the caskets was an urn containing the ashes of the family’s golden retriever, Gilbert.
Beloved dog joined Minnesota lawmaker, husband as they lay in state
When Minnesota state Rep. Melissa Hortman and her husband were fatally shot this month, their golden retriever was grievously wounded and had to be euthanized.
www.washingtonpost.com
June 28, 2025 at 5:59 PM
Reposted by KY
”..first attempt by Brussels to target a third-country lender”
”…two small regional Chinese banks under consideration used crypto transactions to facilitate the import of goods covered by existing EU sanctions, two of the officials said.”🇪🇺🇨🇳🇷🇺

on.ft.com/4l7O1gV
EU targets Chinese banks over Russian trade links
Proposed sanctions would be the first time Brussels has moved against third-country lenders supporting Moscow
on.ft.com
June 12, 2025 at 4:27 AM
Reposted by KY
Another Section 232 national security investigation: "Imports of Commercial Aircraft and Jet Engines and Parts for Commercial Aircraft and Jet Engines."

Airbus (France, Germany, Spain, UK), Bombardier (Canada), Embraer (Brazil) all affected (although UK trade deal probably helps UK?).
Public Inspection: National Security Investigation: Imports of Commercial Aircraft and Jet Engines and Parts for Commercial Aircraft and Jet Engines
National Security Investigation: Imports of Commercial Aircraft and Jet Engines and Parts for Commercial Aircraft and Jet Engines
www.federalregister.gov
May 9, 2025 at 11:43 PM
Reposted by KY
NEW: How Marco Rubio, the son of Cuban immigrants, became the Secretary of Everything. He has 4 titles now — 2 more than Henry Kissinger and 1 more than China's leader, Xi Jinping. It's likely a record in the modern history of the U.S. Story: www.nytimes.com/2025/05/01/u...
May 2, 2025 at 1:09 AM
Reposted by KY
Exclusive: Countries big and small are turning to Wall Street banks for guidance on how to navigate President Trump’s global trade war.
Exclusive | Goldman Sachs Is Advising Countries Scrambling to Please Trump on Tariffs
South Africa, Japan and Saudi Arabia are among the nations that have sought counsel from the Wall Street giant.
buff.ly
April 28, 2025 at 1:00 PM
Reposted by KY
For those following all the trade deals (and the "subdeals"?) supposedly being negotiated, this piece by @haeyoonkim.bsky.social on Korea's situation, with a presidential election in a few weeks, will be of interest:

"More Than Tariffs: Seoul’s Trade Talks with Washington Amid a Power Vacuum"
More Than Tariffs: Seoul’s Trade Talks with Washington Amid a Power Vacuum
On April 8, just days after announcing his “Liberation Day” tariffs, U.S.
koreattw.substack.com
April 28, 2025 at 1:09 PM
Reposted by KY
tentative boardgame design for Trump governance: engine-destruction.

you start with a (shared) functioning model depicting U.S. governance that generate and produce resources every turn.

your actions (using a card hand) replace bits of the engine with less or non-functional parts.
April 24, 2025 at 10:27 PM
Reposted by KY
Looking at incoming vessels to the Port of Los Angeles (America's largest container port):

1.) This week we're still in frontrunning mode (57%+ YoY).

2.) Next week we're basically at normal (-8% YoY).

3.) Two weeks from now we're in The Bad Place (-44% YoY)
April 22, 2025 at 7:04 PM
Reposted by KY
Exclusive: Amazon's internet-from-space venture is struggling to ramp up production, jeopardizing its ability to meet a government deadline to have more than 1,600 satellites in orbit by next summer
Amazon’s Starlink Rival Struggles to Ramp Up Satellite Production
Amazon.com Inc.’s internet-from-space venture is struggling to ramp up production, jeopardizing its ability to meet a government deadline to have more than 1,600 satellites in orbit by next summer.
bloom.bg
April 23, 2025 at 1:09 PM
Reposted by KY
Important Update to this thread!
Cardinal Luis Antonio Gokim Tagle (the Janet Yellen of papal possibilities above) sits on the board of the IOR (the Vatican Bank)! An actual central bank governor! In the running to be pope!
He's our guy :)
www.ior.va/content/ior/...
April 23, 2025 at 11:50 AM
Reposted by KY
Rogé Karma in The Atlantic: What If #China Wins the Trade War?
The US could still prevail if it does everything right. The problem is that #Trump is doing everything wrong. In other words, if Trump were trying to lose, it’s hard to see what he'd be doing differently.
buff.ly/FLVBniC
What If China Wins the Trade War?
The United States could still prevail if it does everything right. The problem is that the Trump administration is doing everything wrong.
buff.ly
April 23, 2025 at 12:36 PM
Reposted by KY
China just slashed U.S. oil imports by 90%… and is now importing record levels from Canada.
China pivots from U.S. to Canada for more oil as trade war worsens
Chinese refiners are importing record amounts of Canadian crude after slashing purchases of U.S. oil by 90% amid trade tensions. Read more.
financialpost.com
April 17, 2025 at 11:34 AM
Reposted by KY
China-built airport in Nepal was littered with corruption, parliamentary inquiry finds – The New York Times
China-Built Airport in Nepal Was Littered With Corruption, Inquiry Finds
A Nepali investigation blamed lawmakers and officials for looking the other way. The $216 million airport receives only one international flight a week.
www.nytimes.com
April 20, 2025 at 1:05 PM
Reposted by KY
DHL to suspend global shipments of over US$800 to US consumers – Reuters
DHL to suspend global shipments of over $800 to US consumers
DHL Express, a division of Germany's Deutsche Post , said it would suspend global business-to-consumer shipments worth over $800 to individuals in the United States from April 21, as U.S. customs regulatory changes have lengthened clearance.
www.reuters.com
April 20, 2025 at 1:59 PM
Reposted by KY
China and Cambodia vow supply chain cooperation, sign canal deal – Reuters
China, Cambodia vow supply chain cooperation, sign canal deal
China and Cambodia have agreed to build safe and stable supply chains together and to strengthen cooperation in transportation infrastructure, they said in a joint statement released by China's foreign ministry on Friday.
www.reuters.com
April 20, 2025 at 2:32 PM
Reposted by KY
Reported earlier today that a new DOGEr, Roland Tenglong Shen, who works at Thiel-backed payments company Ramp, is now at Treasury's central payments hub. A request for comment through LinkedIn went unanswered and now Shen's LinkedIn profile has disappeared. talkingpointsmemo.com/edblog/rampi...
Rampin’ Up, Baby! That Thiel Start Up Hunting the Motherlode Contract is Inside Treasury
One of the most important stories in some time came out two...
talkingpointsmemo.com
April 19, 2025 at 8:44 PM
Reposted by KY
American companies that make everything from keychains to mattresses say Chinese manufacturing is superior, and tariffs won’t be enough to shift production to the United States.
Why It’s Impossible for Most Small Businesses to Manufacture in the US
American companies that make everything from keychains to mattresses say Chinese manufacturing is superior, and tariffs won’t be enough to shift production to the United States.
wrd.cm
April 19, 2025 at 8:53 PM
Reposted by KY
Hong Joon-pyo, a PPP candidate for president, restates his support for nuclear armament of South Korea. Not a new position for him but I think (and may be wrong) this is the first time a declared presidential candidate has supported nuclear arms development.
Policy Watch: Hong Joon-pyo open to potential S. Korean nuclear armament
Hong Joon-pyo, former mayor of Daegu and a presidential contender from the conservative People Power Party, stressed his belief that South Korea should “fight nuclear with nuclear” Thursday, signaling...
www.koreaherald.com
April 17, 2025 at 12:07 PM
Reposted by KY
The US Wrecking Ball policy stance still has a long ways to go to before its reflected in asset markets.

Moves so far mostly have mostly just reversed the euphoria around the election of the new admin. It'll take much larger moves to reflect today's policy reality.

Thread.
April 17, 2025 at 11:33 AM
Reposted by KY
Seventy-two trading days in, the S&P 500 is enjoying its fifth-worst start to a year in history.

#GoldenAgeOfAmerica 🥇
@officialbilello1.bsky.social
April 17, 2025 at 12:03 AM
Reposted by KY
initial reports made this sound like a minor failed attempt
This video shows the fire damage inside the Pennsylvania Governor’s mansion.

Governor Shapiro’s reaction to the arson attack is on my timeline.
April 14, 2025 at 12:30 AM