U.K. pushing for SWIFT being cut from Russia. About time.
Timothy Ash
40.4K posts
Timothy Ash
@tashecon
Economist, covering Emerging Europe, Middle East and Africa. Key focus on Ukraine, Russia and Turkey, amongst others. Tweets represent my personal views. LUFC.
City of London, London
Joined April 2016
- I don’t know much about Joe Rogan but as someone who has covered Ukraine for 35 years this is all lies/Russian propaganda. Openly..@joerogan: When did the U.S. government get started with internet censorship? @MikeBenzCyber: "It started in 2014 with the Ukraine coup and the counter-coup. In 2014, we had about 25 years of successful free-speech diplomacy, and then we successfully overthrew the government of
00:00 - The loss of the Moskva is a catastrophic military defeat and humiliation for Russia. It’s the FLAGSHIP of the Russian Black Sea Fleet. Simply extraordinary. I cannot understand why this is not the number one news story across all networks today.
- Italy saying they will not veto an EU Russian energy ban, so it’s now Germany, Austria and Hungary standing in the way. Looks like the learned nothing from WW2 about how to stand up against genocide.
- Absolutely insane day in Turkish FX today. Is there time for it to get to Robin Brooks’ 9.50 fair value yet? Don’t think I have ever seen such intraday FX volatility ever in my 30+ year career.
- Germany agrees to halt coal imports from Russia but not oil and gas. Not good enough - Germany is financing genocide in Ukraine. It learned nothing from WW2.
- Shame on Germany - responsible for the biggest genocide in Europe in WW2, now responsible for financing a second by buying Russian energy.
- Make Russia Pay! Join the campaign to freeze, seize and allocate immobilised Russian assets to Ukraine.
- 30 years covering EM and I have never seen the FX volatility in any currency as we saw in Turkey today. Simply unbelievable.
- Turkey - just realised, Keynes, Friedman, Hayek, Solow, Samuelson, Adam Smith, Kornai, Dornbush, the Fed, ECB, BOE, me, all Western economists, we are all idiots. Wasted all our time, learning economics. Erdogan just rewrote all the theories.
- My piece on why US help for Ukraine is the best bang for buck the US will ever get.
- Russia confirming international banks rejected $649m transfer for Eurobond payment - due to sanctions. Looks like Russian sovereign default is looming.
- 1/ Let’s get this right, Germany spends the past 20y appeasing Putin. It’s industry taking Putin’s blood money, and it’s politicians doing the same. It makes wrong choices in terms of energy dependency on Russia. This appeasement is now coming home to roost.
- Turkey is taking a huge risk with Russia here. But if it is putting its balls on line, risking wrath of Putin by closing straits, and loss of tourism, we should all back Turkey by holidaying in Turkey this year - I will!
