Some data on this summers heat.
The past three months have been the hottest ever measured, according to the Copernicus Climate Change Service, an EU-funded programme. Last month was the warmest August on record — and the second hottest month ever, after July 2023 — with temperatures an estimated 1.5°C above preindustrial averages. In August sea-surface temperatures also hit 20.98°C, their highest monthly average. — Economist Espresso, Sep 6 2023
Ukraine is commemorating its 32nd year of independence today! 🇺🇦 It also marks the 547th day fighting Russia’s invasion. A stark reminder that independence isn’t simple or free. I’ve been a subscriber of the Kyiv Independent since it launched. This is the best way to get direct …
Keep reading · 1 minute: 32 Years of Ukraine IndependenceWild milestone.
Apple, an American tech giant, surpassed $3trn in market value for the first time since January 2022, when it briefly became the first publicly listed company to do so. Shares in the iPhone-maker subsequently slipped back, but they have increased in value by almost 50% this year, despite two consecutive quarters of declining revenues. The firm is now worth $500bn more than Microsoft, a tech rival. — Economist Espresso, July 1, 2023
$3 trillion? 💰💰💰
You may not be a fan of a16z (Andreessen Horowitz). You may not be a fan of crypto. But pushing fintech innovation outside of the United States is not a good idea. The movements by regulators against crypto have much more to do with protecting power and marketing than they do …
Keep reading · 1 minute: London Welcoming Crypto?Ukrainian officials estimated that about 42,000 people are at risk from the flooding triggered by explosions at the Kakhovka dam in a Russian-controlled area of southern Ukraine. The UN Security Council held an emergency meeting, during which Russia and Ukraine blamed each other …
Keep reading · 2 minutes: Kakhovka damAnother example of generated content fooling people. We are going to see a massive acceleration of this. We need to start signing content to have any hope of proving it is real.
A fake image showing an explosion near the Pentagon went viral on Twitter, triggering a brief dip in stockmarkets. The picture, which appears to have been generated by AI, was shared by several verified accounts on the social-media platform including one that falsely claimed to be associated with Bloomberg News. The image was probably tweeted first by an account promoting the QAnon conspiracy theory. — The Economist Espresso on May 23, 2023
Zoltan Pozsar (Credit Suisse) & Arthur Hayes (100x Group) on Nakamoto Stage at Bitcoin 2023 on “New Monetary Order”.
Good macro session “Steady Lads” at Bitcoin 2023 with Mark Moss, Lyn Alden, and Preston Posh.
TeamSPS in Ukraine celebrated Vyshyvanka Day together. Vyshyvanka Day is an international holiday that aims to preserve the Ukrainian folk traditions of creating and wearing ethnic embroidered clothes called vyshyvankas. It is celebrated the third Thursday of May. Vyshyvankas …
Keep reading · 1 minute: Happy Vyshyvanka DayThanks to an invite from Hector, I was able to join the Economic Club of Minnesota luncheon today with James Bullard, the President & CEO of the Federal Reserve Bank of St. Louis in discussion with Neel Kashkari, President & CEO of the Minneapolis Fed.
