https://gnosly.com/feed/Business Intelligence Console and Prediction Algorithms2348@wolfofwolfstWolf Richter<p>Source: Wolf Richter (X)</p>https://x.com/wolfofwolfst/status/21072305471185267660.00502026-10-06T12:06:00.597146+00:002x.comeuropereal-estatehousingeu2347@socialcapitalSocial Capital<p>Source: SocialCapital (X)</p>https://x.com/socialcapital/status/21072396667812086930.00402026-10-06T11:47:13.721701+00:002x.comaicomputeinference2167https://pbs.twimg.com/media/HT5rTxHbcAA_L-x?format=png&name=smallImage2026-10-06T11:47:15.129351+00:002346https://www.linkedin.com/in/guillermoflor/Guillermo FlorBREAKING: The AI infrastructure boom isn't slowing down. It's supply-constrained.Nokia CEO Justin Hotard just said customers would build data centers 2x faster if they could get the chips and power.This isn't a demand problem.It's a scarcity problem.Memory chip shortages and energy limits are the bottleneck, not appetite.Nokia's stock is up 130% in a year betting exactly on this.The 'AI bubble' narrative assumes demand is softening.This flips that argument completely.The infrastructure wave is bigger than it looks. The constraint is supply, not conviction.Who gets rich when the bottleneck finally breaks?https://www.linkedin.com/feed/0.00602026-10-06T11:34:46.890281+00:001linkedin.comchip-shortageinfrastructureai2166https://media.licdn.com/dms/image/v2/D4D10AQFcMihP_IjO0w/image-shrink_800/B4DaEQuUcbKMAg-/0/1791281940721?e=1791892800&v=beta&t=0xwAtDsQUImdGnuv77LACKihwGGb6Wlgr8zhXC-HFEIView image2026-10-06T11:34:47.120907+00:002345@izakaminskaIzabella Kaminska<p>Source: Izabella Kaminska on X, quoting John Kemp </p>https://x.com/izakaminska/status/21073563685669318750.00402026-10-06T11:31:13.592634+00:002x.comoilvlcc2165IMAGE/media/content/2345/20261006-baltic-dirty-tanker-index.jpg20261006-baltic-dirty-tanker-index.jpgjpg2026-10-06T11:32:24.917232+00:002344Oil prices have fallen in Asian trading as markets continue to weigh the reliability of Middle East crude exports against concerns about supply disruptions amid ongoing fighting. Brent crude fell 0.75 percent to $99.57 a barrel at the time of reporting. US West Texas Intermediate crude also fell 1.2 percent to $88.37 a barrel, according to data from Oilprice.com.https://aje.news/rs4hx3?update=50211500.00502026-10-06T10:39:55.972698+00:005aljazeera.comcrudeoilmarkets2164https://www.aljazeera.com/wp-content/uploads/2026/10/getty_6ac34346d8-1791181638.jpgMUSCAT, OMAN - JUNE 19: A tourist boat passes near crude oil tankers, bulk carriers, and other vessels anchored off Qaboos Port in Muscat, Oman, on June 19, 2026. The port as a hub for regional trade has become a crucial maritime traffic point. The Strait of Hormuz, a vital shipping route for the region's oil and gas, was effectively blockaded since the outbreak of war between the United States and Iran in late February. This week's provisional peace deal between the countries was meant to reopen the waterway to shipping traffic, but the pace of that reopening is unclear amid continued fighting in Lebanon and the need to clear the Strait of sea mines. (Photo by Elke Scholiers/Getty Images)2026-10-06T10:39:57.205370+00:002343https://www.linkedin.com/in/wim-grommen-87aa7632/Wim Grommen<p>Kind of sounds like 2008... right before Lehman Brothers failed. The Federal Reserve Bank of New York has been visiting big banks to review their loans to private credit firms, with Fed officials going into J.P.&nbsp;Morgan, Wells Fargo, Barclays, and Morgan Stanley with questions about exposure, risk management, and collateral quality. This doesn’t happen unless there is noise coming from the repo desks. There’s a major financial institution at the threshold of not being able to fund itself on the Street. First check for the NY Fed is to identify which other institution(s) have material counterparty exposure.</p>https://www.linkedin.com/feed/0.00602026-10-06T10:25:57.240638+00:001linkedin.combanksfedus2163https://media.licdn.com/dms/image/v2/D4E22AQFiuC9IyQkxHw/feedshare-shrink_160/B4EaEQLP0.IUAk-/0/1791272746535?e=1792627200&v=beta&t=mzqKqTzu8EmO3oadrkEbVH42iJXsqbbBmexBmvA_1woView image2026-10-06T10:25:58.291925+00:002342@KobeissiLetterThe Kobeissi LetterUS consumer confidence is collapsing. The Consumer Confidence Index dropped -6.7 points in September, to 81.9, its lowest since April 2014. This marks its 4th consecutive monthly decline, totaling -11.2 points. The Present Situation Index fell -7.9 points, to 109.3, its lowesthttps://x.com/KobeissiLetter/status/21071037393748951510.004023412026-10-06T10:08:31.997498+00:002x.comconsumerconfidenceindexes2162https://pbs.twimg.com/media/HTd2RB3WEAI8WOf?format=jpg&name=smallImage2026-10-06T10:08:32.786558+00:002341@AlexMalitasAlex Malitas, CFAGreat example of the K-shaped economy in 2026... Wall Street sees rising equities boosting wealth, but most of the country doesn't own equities. Consumer sentiment is at an all-time low because they care about real dollars. 1/2https://x.com/AlexMalitas/status/21071270224723235660.004023422026-10-06T10:08:30.669814+00:002x.comequitiesconsumereconomy2161https://pbs.twimg.com/media/HT4EpoJWoAAb17W?format=png&name=smallImage2026-10-06T10:08:31.964815+00:002340@ychartsYCharts<p>US real estate stocks have fallen to their lowest level on record relative to the S&amp;P 500, completely erasing the relative outperformance they built during the early-to-mid 2000s housing boom.</p>https://x.com/ycharts/status/21072112737002458300.00502026-10-06T09:46:18.060129+00:002x.comstocksreal-estatesp500us2160https://pbs.twimg.com/media/HT5RfB3XEAAcz8-?format=jpg&name=smallImage2026-10-06T09:46:18.517380+00:002339@BirdywordMike Bird<p>Demand for corporate bonds and US equities now &gt; the pre-Global Financial Crisis binge after adjusting for inflation.</p>https://x.com/Birdyword/status/21071901720308370970.00402026-10-06T09:41:37.750100+00:002x.comuseconomy2159https://pbs.twimg.com/media/HT4-RaPXUAA-1Yr?format=png&name=smallImage2026-10-06T09:41:38.288446+00:002338@BigBreakingWireBigBreakingWire<p>Source: BigBreakingWire (X)</p>https://x.com/BigBreakingWire/status/21073354014428736870.00502026-10-06T09:39:00.444124+00:002x.comgasolinecarsglobal2158https://pbs.twimg.com/media/HT7CYEubgAAfqLI?format=jpg&name=smallImage2026-10-06T09:39:02.364877+00:002337https://www.linkedin.com/in/guillermoflor/Guillermo Flor<p>AI compute demand is outpacing supply right now.AMD is already ramping this year. But the real move is a "substantial" supply increase planned for 2027. Su expects strong compute demand to run for several more years. This isn't a one-quarter story. It's a multi-year infrastructure wave, and AMD is openly saying they're still catching up to it.</p>https://lnkd.in/p/dNYDsiuE0.00602026-10-06T09:26:43.769418+00:001linkedin.comaiamdchips2156https://media.licdn.com/dms/image/v2/D4D10AQHkCa3vWSP4mw/image-shrink_800/B4DaEQhK4nJYAg-/0/1791278493477?e=1791885600&v=beta&t=bfiNIiQB_KCzCLOnyR5hjFokIt-4sDuVdY6vVogPK5IView image2026-10-06T09:26:45.012577+00:002336@AssaadRazzoukAssaad Razzouk<p>September 2026 new car sales: &gt;Germany: 34.5% fully electric, a record. BEVs: an amazing +95% YoY.&gt;UK: 28.3% fully electric, a record 99,201 cars. BEVs +36% YoY &gt;Add plug-in hybrids: In Germany and the UK, 45.3% of new cars had a plug-in. At the same time, German electricity was 60.7% renewable from Jan to Sep 2026, while the UK was 55.8% renewable in Q2, a record.</p>https://x.com/AssaadRazzouk/status/21072636250356615500.00502026-10-06T09:06:30.189860+00:002x.comcarselectricukgermany2155https://pbs.twimg.com/media/HT6A1sfaEAAGmez?format=jpg&name=smallImage2026-10-06T09:06:30.431462+00:002334@CoffeReportCoffe Report<p>ALFA WATAN suffered critical damage and sank. Search teams have found lifeboats and life jackets, but no members of its crew have yet been located. ABLE caught fire following the attack. All 18 crew members were rescued, with two injured. Bulgarian PM Rumen Radev says the ships were attacked around 70 nautical miles east of Byala at approximately 03:00. The origin of the drones has not yet been established. The incident comes one day after ROYAD MAMMADOV was attacked and sank in Romania’s Black Sea economic zone.</p>https://x.com/CoffeReport/status/21073923882892125690.00602026-10-06T08:58:42.872832+00:002x.combulgariablack-seadrones2153https://pbs.twimg.com/media/HT71_8uWwAAXSyb?format=jpg&name=smallImage2026-10-06T08:58:43.177286+00:002333https://www.linkedin.com/company/the-kobeissi-letter/The Kobeissi Letter<p>This is well above the long-term average of ~49 months and the median of ~38 months. By comparison, the longest period without a recession was between 2009 and 2020, at 128 months. All 5 of the most recent US expansions rank among the 7 longest economic growth periods since business cycle dating began in 1854. Unconventional monetary policy, historically large budget deficits, alongside the AI investment boom, appear to be extending the duration of business cycles. The data says the US economy is remarkably strong.</p>https://www.linkedin.com/company/the-kobeissi-letter/0.00502026-10-06T08:54:22.150019+00:001linkedin.comuseconomy2152https://media.licdn.com/dms/image/v2/D4E22AQGXAEWqVJVerg/feedshare-shrink_800/B4EaEQDvjNG8Ac-/0/1791270779366?e=1792627200&v=beta&t=Q25-XpgNcsoOU2TdVDw5KT_ZDxpXInaMTk-bFIeVNwsView image2026-10-06T08:54:22.621711+00:002332@InvestingVisualInvesting visuals<ul><li>2025: $8.5B</li><li>2026: $85B</li><li>2027: $199B</li></ul><p>At $199B, Micron’s projected earnings would surpass the current net income levels of both $MSFT and $AMZN. </p>https://x.com/InvestingVisual/status/21071742355294414270.00502026-10-06T08:46:48.532134+00:002x.commicronaieconomy2151https://pbs.twimg.com/media/HT3yIICWQAAk0_R?format=jpg&name=smallImage2026-10-06T08:46:48.789904+00:002331@BrilliantMapsBrilliant Maps<p>Credit: @xruiztru</p>https://x.com/BrilliantMaps/status/21072749379750749510.00502026-10-06T08:42:59.584381+00:002x.comgdpeconomy2150https://pbs.twimg.com/media/HT6LYzJWoAEt7JH?format=jpg&name=smallImage2026-10-06T08:43:01.279769+00:002330Oil prices made slight gains as security concerns in the Middle East kept a geopolitical risk premium in the market. Brent crude futures were up 27 cents, or 3 percent, at $100.59 a barrel at 03:30 GMT, while US West Texas Intermediate crude futures rose 30 cents, or 0.3 percent, to $89.73 a barrel. “Shipping data shows regional crude exports actually exceeded pre-war levels on several days in late September. Alternative routes and logistical adjustments have somehow allowed producers to keep barrels moving despite the disruption around Hormuz,” said Priyanka Sachdeva, head of market insights at Phillip Nova.https://www.aljazeera.com/news/liveblog/2026/10/6/iran-war-live-yemen-forces-reclaim-strategic-port-city-mocha-from-houthis?update=50208360.00502026-10-06T08:10:38.051974+00:005aljazeera.commarketoilmiddle-east2329The US Treasury Department says it has alerted foreign financial institutions doing business with Iran or its financial sector that they may be sanctioned by Washington without notice. “Foreign financial institutions continuing to transact with sanctioned Iranian financial institutions could be targeted at any time without advance notification and should take immediate action to terminate such activity and relationships,” it said in a statement. “Foreign financial institutions could also be subject to civil and criminal enforcement penalties should Iran-related transactions cause US financial institutions or other US persons to violate sanctions,” it added. Treasury Secretary Scott Bessent announced “Operation Economic Outcast” in August in an effort to further restrict Iran’s access to global markets and pressure Tehran to agree on a deal to end the war.https://www.aljazeera.com/news/liveblog/2026/10/6/iran-war-live-yemen-forces-reclaim-strategic-port-city-mocha-from-houthis?update=50208360.00602026-10-06T08:09:03.482630+00:005aljazeera.comiranussanctions2328https://www.linkedin.com/company/the-kobeissi-letter/The Kobeissi Letter<p>The cost to ship 2 million barrels of crude oil from West Africa to China is now up to $27.22/barrel. To put this into perspective, in July, the cost for the same shipment was ~$6.50/barrel. That's a +319% surge in shipping costs in just over 2 months. The scramble for physical crude inventories is in full swing.</p>https://lnkd.in/p/dpgC894u0.00602026-10-06T08:04:15.981945+00:001linkedin.commarketshippingoil2149https://media.licdn.com/dms/image/v2/D4E22AQHFpPKwJJPAxg/feedshare-shrink_800/B4EaENYFBGIwAc-/0/1791225778576?e=1792627200&v=beta&t=rAfq4Mag5FoSdlW56Ica1jN8C3RVEg27n3-lp10fQj4View image2026-10-06T08:04:16.451364+00:002327@Beth_KindigBeth Kindig<p>Source: Beth Kindig (X)</p>https://x.com/Beth_Kindig/status/21071580369303392930.00402026-10-06T08:01:04.949614+00:002x.commicronappleai2148https://pbs.twimg.com/media/HT4gyBTXEAAU_tN?format=jpg&name=smallImage2026-10-06T08:01:05.392203+00:002326@Fiscal_aiFiscal.ai<p>The luxury giant has officially surpassed its 2009 collapse. -58% from highs</p>https://x.com/Fiscal_ai/status/21071463198026018090.00402026-10-06T07:56:41.755347+00:002x.comlvmhstocks2147https://pbs.twimg.com/media/HT4WaU6bAAAlUSp?format=jpg&name=smallImage2026-10-06T07:56:43.599378+00:002325https://www.linkedin.com/in/gad-levanon-3b9b933/Gad LevanonEveryone argues about whether AI is a bubble. The profit numbers say the boom is paying for itself, at least so far. Profits of the information and computer and electronics industries reached 2.4 percent of GDP in the second quarter, a record. Through the 2010s the figure sat near 1 percent. It has more than doubled since 2020, and the climb steepened after ChatGPT. Some of this gain may be coming at the expense of other industries and other places. West Coast tech is spreading into more of the economy, and as it does, part of the surplus created in hospitals, banks and stores moves to the firms that supply the tools. A boom these profitable keeps funding itself. I don't expect the investment to slow soon.https://www.linkedin.com/posts/gad-levanon-3b9b933_ai-profits-tech-share-7512873901501083648-3WFK/0.00602026-10-06T07:08:00.954542+00:001linkedin.comprofitsaitech2146https://media.licdn.com/dms/image/v2/D5622AQEeq1mka2r60A/feedshare-shrink_160/B56aEMXAGpIcAo-/0/1791208718999?e=1792627200&v=beta&t=0e-oOdGf1Nv6W-gEuL0FvJK9Up3wTEf1ONuOuy69yHIView image2026-10-06T07:08:03.259971+00:002324@kyleichanKyle Chan<p>Top export markets: Russia, Vietnam, India. Top import sources: Japan, Germany, Taiwan</p>https://x.com/kyleichan/status/21072856242940849760.00402026-10-06T05:59:04.660100+00:002x.comchinacnc-machinesexports2144https://pbs.twimg.com/media/HT6VG1tWkAA_CQ7?format=jpg&name=360x360Image2026-10-06T05:59:05.139120+00:002145https://pbs.twimg.com/media/HT6VG1mXAAAIdht?format=jpg&name=360x360Image2026-10-06T05:59:05.165752+00:002323@RpsAgainstTrumpRepublicans against Trump<p>Source: RpsAgainstTrump (X)</p>https://x.com/RpsAgainstTrump/status/21071551382345156350.00502026-10-06T05:53:31.072670+00:002x.comtrumpukrainedemocrats2143https://pbs.twimg.com/media/HT4eapjXIAAb2wF?format=jpg&name=smallImage2026-10-06T05:53:31.298119+00:002322@Meta and Microsoft Work to Wean Staff Off Anthropic’s Claudehttps://x.com/home0.004023212026-10-06T05:52:29.191446+00:002x.comanthropicmetamicrosoft2142https://pbs.twimg.com/card_img/2107172884267294720/MRpk_X2d?format=jpg&name=small2026-10-06T05:52:30.726210+00:002321@aaronpholmesaaron holmes<p>Meta has cut Claude Code seats from 60k to 30k In Microsoft's case, lower internal spending has been offset by higher customer Claude use, total Anth spend flat</p>https://x.com/aaronpholmes/status/21071730588258468910.004023222026-10-06T05:52:28.968002+00:002x.comanthropicmetamicrosoftai2320Israeli military forces are advancing into a former military site in the Quneitra countryside within the occupied Golan Heights in southwestern Syria, according to our correspondent on the ground. As we reported earlier, Syria’s Ambassador to the UN, Ibrahim Olabi, has told the General Assembly’s Sixth Committee that continued Israeli attacks on Syrian territory “undermine state efforts to restore security and stability and combat terrorism” and create a “fragile environment for terrorism.”https://aje.news/rs4hx3?update=50205900.00502026-10-06T05:49:57.558806+00:005aljazeera.comsyriamilitaryisrael2319Syrian Ambassador to the UN Ibrahim Olabi has condemned Israel’s ongoing attacks on Syrian territory during an address to the UN’s Sixth Committee, the primary forum for the consideration of legal questions in the General Assembly. According to Syrian state television, Olabi said that Israel’s actions “undermine state efforts to restore security, stability, and combat terrorism” and create a “fragile environment for terrorism”. He demanded an “immediate cessation” of the attacks, a “full withdrawal from all occupied Syrian territories”, and strict compliance with the 1974 Disengagement Agreement, under which Syria and Israel committed to a ceasefire, and relevant UN resolutions.https://aje.news/rs4hx30.00702026-10-06T05:49:24.120448+00:005aljazeera.comsyriaunisrael2141https://www.aljazeera.com/wp-content/uploads/2026/10/2026-02-18T235444Z_326803916_RC2NOJAJUTA9_RTRMADP_3_UN-MIDDLE-EAST-1791257922.jpgSyrian Arab Republic's Ambassador to the United Nations Ibrahim Olabi addresses the Security Council during the meeting on the situation in the Middle East, at UN headquarters in New York City, US [File: Jeenah Moon/Reuters]2026-10-06T05:49:24.367173+00:002318Israeli artillery shelling has hit the outskirts of the towns of Haddatha and Baraachit on Tuesday, according to Lebanon’s National News Agency (NNA). The agency also reported that Israeli forces opened machinegun fire at dawn towards the town of Buyout al-Sayyad and the outskirts of al-Mansouri. Separately, in the Nabatieh district, an Israeli drone dropped a sound bomb on a house in the al-Arish area on the outskirts of the town of Haris, NNA said.https://aje.news/rs4hx3?update=50205670.00402026-10-06T05:48:59.705947+00:005aljazeera.comlebanondrone-attacksisrael2317At least one Palestinian has been killed in an Israeli air attack on Gaza City on Tuesday morning, according to sources at al-Shifa Hospital cited by our colleagues on the ground. Another person was injured in the same attack, the sources added. We will bring you more when we have it.https://aje.news/rs4hx30.00502026-10-06T05:48:47.509558+00:005aljazeera.comgazapalestineisrael2140https://www.aljazeera.com/wp-content/uploads/2023/11/Breaking-1699362877.svgHouthi2026-10-06T05:48:47.786303+00:002316Israeli forces have stormed multiple areas in the Bethlehem governorate of the occupied West Bank, the Wafa news agency reports. Citing a security source, it said Israeli forces entered the areas of Bethlehem, Beit Jala and Beit Sahour, as well as the areas of ad-Doha, al-Khader, Irtas, Jabal al-Mawaleh, Hindaza, Rakhma, Jannatah, Harmala and Rafidia. Meanwhile, Israeli forces began demolishing a residential building in the town of at-Tur in occupied East Jerusalem, and settlers burned a house in the village of Burqa in the Ramallah governorate, according to an Al Jazeera correspondent on the ground.https://aje.news/rs4hx30.00402026-10-06T05:48:39.556502+00:005aljazeera.comjerusalemwest-bankisrael2315https://www.linkedin.com/in/melissarosenthal5/Melissa Rosenthal<p>Meta's Muse launched a month ago, and a lot of what it does already stopped working this week. Users are reporting that browser tasks that worked fine last week now fail. Jessica Lessin said about half of her use cases disappeared over two days. We looked into why. Muse is designed to browse like a person. It turns off the signals that tell a website a browser is automated, so sites can't easily tell it apart from a human visitor. That approach was always going to be fragile, and several things caught up with it at once. Cloudflare started blocking AI agents by default on ad-supported pages in September and has since added Muse to its bot directory. Amazon has blocked Muse since September 20, saying Meta never told it the agent would be visiting. NBC News found some of Meta's own retail partners blocking it too. The agents that keep working are the ones with official access, through APIs or partnerships like Shopify's Shop Pay checkout. If your company is using browser agents for anything important, ask the vendor how the agent identifies itself to websites. If it hides that, you could be the one breaking a site's terms. And if your website runs on Cloudflare, check your Agent setting, because you might be blocking your own customers' agents. Full story on State of AI: https://lnkd.in/gpqfXdg6</p>https://www.linkedin.com/posts/melissarosenthal5_metas-muse-launched-a-month-ago-and-a-lot-share-7512976321749135360-vqWl/0.00902026-10-06T05:43:14.232173+00:001linkedin.commetamuseai2139https://media.licdn.com/dms/image/v2/D5622AQE6arZk1qXgUA/feedshare-shrink_160/B56aEN0Ju0HEAk-/0/1791233138324?e=1792627200&v=beta&t=pVkqDn1Ml-ylN5kJc0fBHUZ_m0Ev9dOcVBJ-eNm5jM4View image2026-10-06T05:43:14.876605+00:002314@VraserXVraserX e/acc<p>Astra High uses ~12k tokens per task. Opus 5.5 needs ~66k. That’s 5.5× the token efficiency while Astra is still more intelligent pound for pound.</p>https://x.com/VraserX/status/21070949570353071740.00602026-10-06T05:36:24.685963+00:002x.comopus-5.5astraai2138https://pbs.twimg.com/media/HT3HOT3W0AARoAO?format=jpg&name=smallImage2026-10-06T05:36:25.137863+00:002313@ElectrekCoElectrek.co<p>Global data. Gas-only sales fell 10% year over year to 20.25 million units</p>https://x.com/ElectrekCo/status/21071536650397698470.00602026-10-06T05:30:36.354564+00:002x.comvehicleeconomy2137https://pbs.twimg.com/media/HT4c05SX0AENQPP?format=jpg&name=smallImage2026-10-06T05:30:38.179090+00:002312@danielnewmanUVDaniel Newman<p>The skills gap grows because the value gap between those who invest and those who don't will widen. </p>https://x.com/danielnewmanUV/status/21071646742108696700.00502026-10-06T05:24:13.673180+00:002x.cominvestmenttechnologyai2135https://pbs.twimg.com/media/HT4nGhkXsAAw1Cv?format=jpgImage2026-10-06T05:24:15.132194+00:002311@WarrenPiesWarren Pies<p>Is AI impervious to higher rates? VC funding is one channel that monpol could impact datacenter construction. Last hike cycle, VC funding fell by 66% Startups are disproportionate users of AI (i.e. clients of Anth/OAI). In a similar scenario, ~25% of lab ARR could be at risk.</p>https://x.com/WarrenPies/status/21072414356869368270.00402026-10-06T04:40:36.703491+00:002x.comvc-fundingstartupsai2133https://pbs.twimg.com/media/HT5r_qsWQAAxlbo?format=jpg&name=smallImage2026-10-06T04:40:37.260816+00:002310Yemen government forces claim recapturing Mocha from Houthishttps://www.aljazeera.com/news/2026/10/5/yemen-forces-claim-to-seize-dhubab-sites-near-bab-al-mandeb-from-houthis0.00502026-10-06T04:30:31.341687+00:005aljazeera.comyemennewshouthis2132https://www.aljazeera.com/wp-content/uploads/2026/10/AFP__20261003__D2699KG__v1__HighRes__YemenSaudiIsranUsIsraelWar-1791192758.jpgYemen2026-10-06T04:30:31.757401+00:002309The incident is the latest suspected Russian drone incursion, as fears grow that the war in Ukraine could spill over. Ukraine’s President Volodymyr Zelenskyy has blamed a Russian drone attack for the sinking of a ship in Romania’s section of the Black Sea. Romania reported that two people were killed and 11 rescued when a grain ship caught fire and sank in its waters on Monday. The Ukrainian president’s claim suggests the incident is the latest in a series of suspected incursions along NATO’s eastern flank, and will fuel concerns that Moscow’s war in Ukraine could spill over.https://www.aljazeera.com/news/2026/10/5/ukraine-says-russian-drone-attack-sinks-ship-in-romanian-waters0.00602026-10-06T04:29:43.679878+00:005aljazeera.comromaniarussiaukraine2131https://www.aljazeera.com/wp-content/uploads/2026/10/reuters_6ac3b961-1791211873.jpgFirefighters and rescuers work near a helicopter at an emergency helicopter base in Constanta, Romania, during a rescue operation following a maritime incident involving a fire aboard a vessel outside Romania's territorial waters, in which two people died and others were rescued, in this handout image released on October 5, 2026. Romanian Interior Ministry/Handout via REUTERS ATTENTION EDITORS - THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. NO RESALES. NO ARCHIVES2026-10-06T04:29:44.981927+00:002308Trump says taxpayers will no longer fund TV ads that praise himhttps://www.aljazeera.com/news/2026/10/6/trump-says-taxpayers-will-no-longer-fund-tv-ads-that-praise-him0.00402026-10-06T04:28:41.402938+00:005aljazeera.comtrumpusapolitics2130https://www.aljazeera.com/wp-content/uploads/2026/10/2026-10-04T060611Z_134793740_RC20WNAPI0PB_RTRMADP_3_USA-TRUMP-1791249498.jpg?resize=770,513&quality=80US President Donald Trump gestures as he walks during a rally at Butler High School in Vandalia, Ohio, US, October 3, 2026.2026-10-06T04:28:44.402874+00:002307@pilolyRoland PircherThis is how the quarter ended in the daily reporting countries of Europe: Tesla was the worst of this brands for two months of the quarter but managed to beat everyone in the last month. This was due to optimized delivery in waves, and a similar pattern is expected this quarter x.com/piloly/status/…https://x.com/piloly/status/21070282333716810800.003523062026-10-05T16:11:54.281592+00:002x.comdeliveriesteslaquarter2129https://pbs.twimg.com/media/HT2panSWgAAZchU?format=jpg&name=240x240Image2026-10-05T16:11:54.683612+00:002306@electricfelixFelix Hamer • electricfelixBYD soon to be top 3 BEV player of Europe? #alwaysbeecharging preliminary (!) Q3: 1) Tesla 2) Kia 3) VW (brand)https://x.com/electricfelix/status/21071032078939180620.003523072026-10-05T16:11:53.726143+00:002x.comeuropealwaysbeechargingbev2128https://pbs.twimg.com/media/HT3u6bKXgAAFlbH?format=jpg&name=smallImage2026-10-05T16:11:54.244496+00:002305@azeemAzeem AzharAI revenue reached an annualized $276 billion in September. At the year-on-year rate, it doubles about every six months. Month by month, growth has run between 7% and 16% since April 2024, on a three-month average.https://x.com/azeem/status/21070784552718092580.00502026-10-05T16:09:32.422091+00:002x.comgrowthairevenue2127https://pbs.twimg.com/media/HT3YWuCW0AAG_cy?format=jpg&name=smallImage2026-10-05T16:09:32.689198+00:002304@JohnLeFevreJohn LeFevre<p>The only thing that outruns a $2 trillion deficit is AI-driven GDP growth.</p>https://x.com/JohnLeFevre/status/21069921863864405980.00402026-10-05T16:05:50.032052+00:002x.comdeficitaius2126https://pbs.twimg.com/media/HT2JfYaWcAAFwoV?format=jpg&name=smallImage2026-10-05T16:05:50.504148+00:002303@macropaperrThe Macro Paper<p>The bond market is breaking down.</p>https://x.com/macropaperr/status/21071385961511160510.00502026-10-05T16:01:30.424941+00:002x.comusyieldbonds2125https://pbs.twimg.com/media/HT4POE6bwAAwVCr?format=png&name=smallImage2026-10-05T16:01:30.697215+00:002302@tylerblack32Tyler Black, MDIn the past 50 years, we have seen phenomenal global warming. Here, I used the average global temperature from 1970 to 1979 as the "zero point" (I was born in 1977, which is why i selected the decade. But hey, sure, lets worry about other things. (HadCRUT5 source)https://x.com/tylerblack32/status/21070986179118943630.00402026-10-05T16:01:12.907115+00:002x.comglobal-warmingclimatetemperature2124https://pbs.twimg.com/media/HT3qQ1ybcAAD6Zw?format=jpg&name=smallImage2026-10-05T16:01:13.205998+00:002301Yemen’s pro-government Saba news agency is quoting a military source as saying that Yemeni government forces have taken control of Mocha, a strategic port city west of Taiz province seized by the Houthis last month.https://www.aljazeera.com/news/2026/9/10/houthis-capture-yemeni-town-of-mocha-why-it-matters0.00602026-10-05T16:00:17.954807+00:005aljazeera.comyemenmochahouthis2123https://www.aljazeera.com/wp-content/uploads/2023/11/Breaking-1699362877.svgHouthi2026-10-05T16:00:19.122074+00:002300The Israeli army says it intends to continue operations in southern Syria in order to “remove any threat” posed to its citizens. A military statement claimed troops located three anti-tank munitions and two land mines in the area. Israeli forces killed a Syrian man in southern Syria on Sunday. Construction of Israel’s Sufa 53 military line in Syria is continuing. It is a road, berm and trench that Israel has been building in the Quneitra governorate since 2022. Turkiye, Qatar, Jordan and Kuwait have condemned Israel’s illegal occupation and expansionism. Ibrahim Olabim, Syria’s permanent representative to the UN, told the UN Security Council last month that Israeli aggression poses “the greatest threat to Middle East stability” facing the stability of the entire region, not just Syria.https://www.aljazeera.com/news/liveblog/2026/10/5/iran-war-live-fighting-in-yemen-intensifies-tehran-says-ready-for-us-war?update=50186110.00602026-10-05T15:58:36.793766+00:005aljazeera.comsyriamilitaryisrael2122IMAGE/media/content/2300/g-20261005-israel-operations-in-syria.webpg-20261005-israel-operations-in-syria.webpwebp2026-10-05T15:59:45.805119+00:002299@BrianTycangcoBrian Tycangco 鄭彥渊<p>China has clearly succeeded in making a modern society endowed with all the convenience, affordability, and safety that most people aspire to live in. This, however, isn’t being reflected in its stock market. But I continue to believe that China can benefit from a flourishing capital market that creates opportunities for an increasing number of people who no longer see owning a business as a way achieving financial security. Owning shares in well-managed, profitable companies can be just as rewarding (and less risky) than starting one from scratch in a highly competitive market. And, yes, they do exist in China. Given how the bond market is imploding in many developed countries, while China’s bond market soars on strong demand, it’s only a matter of time before lower rates start to positively impact the economy.</p>https://x.com/BrianTycangco/status/21071161372344814020.00502026-10-05T15:18:21.755821+00:002x.comchinaeconomystock-market2121https://pbs.twimg.com/media/HT369Mja0AAAWGb?format=jpg&name=smallImage2026-10-05T15:18:22.608548+00:002298@electrek.coelectrek.coFedEx believes $300M electric truck spend will save them $800M in dieselhttps://t.co/ZkcF9lIL5d0.004022972026-10-05T15:13:45.369824+00:002x.comfedexelectricdiesel2120https://pbs.twimg.com/card_img/2106837119595675648/58M80ZDw?format=jpg&name=small2026-10-05T15:13:46.287999+00:002297@JesseJenkinsJesse D. Jenkins"In a record-setting commercial truck deal, international shipping giant FedEx has placed an order for 2,000 all-electric box trucks from American startup Harbinger in a deal that’s reportedly worth more than $300 million" — an investment FedEx expects will save them $800 million in avoided diesel costs ($20k per truck per year!)https://x.com/JesseJenkins/status/21068626613844338730.004022982026-10-05T15:13:44.945310+00:002x.comfedexharbingercommercial-trucks2296@yvessmithYves Smith<p>America Is Hurtling Toward a Power Grid Crisis</p>https://x.com/yvessmith/status/21071078385062748180.00402026-10-05T15:07:45.629533+00:002x.comuselectricity2119https://pbs.twimg.com/media/HT3zaeIboAAj6bW?format=jpg&name=smallImage2026-10-05T15:07:46.216248+00:002295<p>Brazil’s markets surge as investors bet on Bolsonaro win. Right-winger seen as more likely than current president Lula to enact quick spending cuts</p>https://www.ft.com/content/47965ed4-5c40-4c91-ab1e-418aa75bb42a0.00502026-10-05T15:01:46.738746+00:0012ft.combolsonarolulabrazil2117https://images.ft.com/v3/image/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fb0a35cf9-da51-4979-bec5-a81647a42aa5.png?source=next-home-page&dpr=2&width=280&fit=scale-downBrazil’s markets surge as investors bet on Bolsonaro win2026-10-05T15:01:47.810993+00:002118IMAGE/media/content/2295/image.pngimage.pngpng2026-10-05T15:03:04.348281+00:002294<p>Prime Minister Pedro Sánchez is gambling that outrage over soaring rents will help his socialist party secure a majority.</p>https://www.wsj.com/world/europe/spains-prime-minister-sanchez-calls-snap-elections-44caae730.00402026-10-05T14:58:30.773970+00:0023wsj.comsocialist-partypedro-sánchezspain2293<p>Spending is rising because prices are climbing and Americans are buying more stuff, despite long-running frustrations over inflation.</p>https://www.wsj.com/0.00502026-10-05T14:53:52.961127+00:0023wsj.cominflationconsumerus2116https://images.wsj.net/im-99103710?width=608&height=405The Mighty American Consumer Is Crashing Through Inflation and Driving Growth2026-10-05T14:53:53.675521+00:002292The eldest son of imprisoned former President Jair Bolsonaro finished first, leaving the leftist incumbent with an uphill fight ahead of an Oct. 25 runoff.https://www.wsj.com/world/americas/flavio-bolsonaro-surges-past-lula-setting-up-a-bitter-brazil-election-runoff-0432b9c50.00502026-10-05T14:52:46.850427+00:0023wsj.comflávio-bolsonarojair-bolsonarolula2115IMAGE/media/content/2292/g-20261005-brazil-bosonaro.jpgg-20261005-brazil-bosonaro.jpgjpg2026-10-05T14:53:26.742054+00:002291Hugh LeaskCut spending to curb runaway borrowing costs, Goldman’s Gutman tells governmentshttps://www.cnbc.com/2026/10/05/goldman-sachs-fiscal-deficit-bond-yields.html0.00402026-10-05T14:52:20.229285+00:0026cnbc.comgoldman-sachshugh-leask2114https://image.cnbcfm.com/api/v1/image/100592805-100592805-goldman-sachs-sign-r.jpg?v=1448394383&w=240&h=180&vtcrop=yCut spending to curb runaway borrowing costs, Goldman's Gutman tells governments2026-10-05T14:52:20.470845+00:002290Luke FountainTrump renews $5,000 check pledge as smaller payments begin and midterm elections loomhttps://www.cnbc.com/2026/10/04/trump-5000-checks-cash-payments-midterms.html0.00502026-10-05T14:48:58.927757+00:0026cnbc.comtrumpluke-fountain2113https://image.cnbcfm.com/api/v1/image/108372286-1791145117393-gettyimages-2298160165-kbd26328_x4ykdt9y.jpeg?v=1791145149&w=240&h=180&vtcrop=yTrump reiterates pledge to send $5,000 checks, and hands out smaller payments, as midterm elections loom2026-10-05T14:48:59.183688+00:002289Ashley CapootAnthropic, OpenAI, Google and Meta execs set to testify at NYC Council hearing on AI riskshttps://www.cnbc.com/2026/10/05/anthropic-openai-google-meta-execs-testify-nyc-council-ai-hearing.html0.00402026-10-05T14:48:48.393672+00:0026cnbc.com2112https://image.cnbcfm.com/api/v1/image/108125174-1743618895320-OpenAI_Anth.jpg?v=1770839647&w=240&h=180&vtcrop=yAnthropic, OpenAI, Google and Meta execs set to testify at NYC Council hearing on AI risks2026-10-05T14:48:48.634898+00:002288Jenny LeeRussia hospitalizes almost 200 people after researcher’s death from plague: Reportshttps://www.cnbc.com/2026/10/05/suspected-plague-cases-reported-in-russias-irkutsk-region.html0.00402026-10-05T14:48:28.738019+00:0026cnbc.comrussiaplague2111https://image.cnbcfm.com/api/v1/image/108104554-17399940012025-02-19t190630z_1659693833_rc2pxcayfk6y_rtrmadp_0_russia-cityscape.jpeg?v=1739994051&v=1739994051Russia hospitalizes almost 200 people after researcher's death from plague: Reports2026-10-05T14:48:30.681220+00:002287Sam MeredithSam MeredithSaudi Aramco chief says replenishing global oil stockpiles could take two yearshttps://www.cnbc.com/2026/10/05/aramco-saudi-arabia-iran-hormuz-oil-energy.html0.00502026-10-05T14:48:16.285705+00:0026cnbc.comiranhormuzsaudi-aramco2110https://image.cnbcfm.com/api/v1/image/108305037-1778511804047-gettyimages-2256627828-AFP_93BF28J.jpeg?v=1791191786&w=240&h=180&vtcrop=ySaudi Aramco chief says replenishing global oil stockpiles could take two years2026-10-05T14:48:17.298081+00:002286Usaid Siddiqui<p>Middle East oil exports have climbed back above levels seen before the US-Israel war on Iran began in February, despite Tehran’s attempts to blockade the Strait of Hormuz and attack vessels. Michelle Brohard, head of policy and geopolitical risk at Kpler, recently said some countries could be paying Iran for passage through the Strait of Hormuz. “I suspect there is a toll that’s being paid, which is giving these ships safe passage,” she said in an interview last week with energy analyst Rory Johnston. “I also suspect that these countries know that this is unsustainable from a perspective of [the] US escorting [ships], and also unsustainable from them paying Iran 10 percent of their cargo, or 20 percent of their cargo.” Speaking to Al Jazeera, academic Abdul Khalique said while Brohard’s speculation that a transit-fee arrangement has been put in place may be “plausible”, it is best described as an “informal security mechanism rather than a formal maritime levy”. “No public proof confirms a systematic, state-run Iranian toll system,” said Khalique, head of the Liverpool John Moores University Maritime Centre. Read more here.</p>https://www.aljazeera.com/news/liveblog/2026/10/5/iran-war-live-fighting-in-yemen-intensifies-tehran-says-ready-for-us-war?update=50185480.00802026-10-05T14:33:12.991738+00:005aljazeera.comiranhormuzoil2109https://www.aljazeera.com/wp-content/uploads/2026/10/afp_6ac38466d176-1791198310.jpgShips anchored off the coast of Khasab in Oman’s Musandam governorate, near the Strait of Hormuz [AFP]2026-10-05T14:33:14.435214+00:002285@PeterMalloukPeter Mallouk<p>Inflation is the silent thief. Over the last 30 years: $1 in purchasing power → $0.47. $1 invested in the S&amp;P 500 → $9.05 AFTER inflation. That gap is the power of ownership.</p>https://x.com/PeterMallouk/status/21070926922157224920.00402026-10-05T14:00:10.513663+00:002x.cominflationinvestmentus2107https://pbs.twimg.com/media/HT0gxoPXAAASUDZ?format=png&name=smallImage2026-10-05T14:00:11.977819+00:002284@CWRoehlChristian W. Röhl<p>This lack of market breadth can be seen as an alarm signal. Or as a short-term reflection of the Bessembinder study: Over the past 100 years, only 46 of 29,000 stocks have accounted for 50% of the total net increase in U.S. shareholder wealth.</p>https://x.com/CWRoehl/status/21068696151878577530.00402026-10-05T13:35:20.325399+00:002x.comstockssp500us2106https://pbs.twimg.com/media/HT0ZWA-WEAA5r5w?format=png&name=smallImage2026-10-05T13:35:20.795694+00:002283@TaxFoundationTax Foundation<p>Sources of US gov't revenue by tax type: 39.9% = Individual income taxes 24.0% = Social insurance taxes 16.8% = Consumption taxes 11.0% = Property taxes 8.3% = Corporate income taxes Explore the latest data: https://hubs.ly/Q04z2p_G0</p>https://x.com/TaxFoundation/status/21068447216245597750.00502026-10-05T13:30:10.416555+00:002x.comtaxrevenueus2105https://pbs.twimg.com/media/HT0EHATW8AAKOq4?format=jpg&name=smallImage2026-10-05T13:30:11.392681+00:002282@actsmaniacspace cadet<p>Source: space cadet (X)</p>https://x.com/actsmaniac/status/21070297446423308590.00502026-10-05T13:26:19.057802+00:002x.compermittingreformportugal2104https://pbs.twimg.com/media/HT2sYnvWAAAecVm?format=jpg&name=smallImage2026-10-05T13:26:20.276202+00:002281@negligible_capNegligible Capital<p>Source: Negligible Capital (X)</p>https://x.com/negligible_cap/status/21070884652506236600.00402026-10-05T13:14:14.181778+00:002x.commarketstocksrussell30002103https://pbs.twimg.com/media/HT3hlwzWoAAYbdT?format=jpg&name=smallImage2026-10-05T13:14:16.002165+00:002280@fberminghamFinbarr Bermingham<p>Source: Finbarr Bermingham (X)</p>https://x.com/fbermingham/status/21070241020912889080.00602026-10-05T13:08:56.005618+00:002x.comeutariffsuk2102IMAGE/media/content/2280/g-20261005-uk-45percent-tariffs-on-china-cars.jpgg-20261005-uk-45percent-tariffs-on-china-cars.jpgjpg2026-10-05T13:11:36.395575+00:002279@ericdor_econoEric Dor<p>Source: Eric Dor (X)</p>https://x.com/ericdor_econo/status/21069976614170216050.00402026-10-05T12:56:16.939098+00:002x.combanksfrancebonds2101https://pbs.twimg.com/media/HT2PFvvWEAA3isD?format=png&name=smallImage2026-10-05T12:56:17.200832+00:002278Analysts say Flavio Bolsonaro is projected to win the run-off vote on October 25 and become Brazil’s next president.https://www.aljazeera.com/news/2026/10/5/bolsonaro-favourite-to-win-what-brazils-first-round-of-election-tells-us0.00402026-10-05T12:53:24.312882+00:005aljazeera.comelectionsbrazilexplainer2100https://www.aljazeera.com/wp-content/uploads/2026/10/getty_6ac389240e-1791199524.jpgFlavio Bolsonaro2026-10-05T12:53:25.382769+00:002277@mnicoletosMichael Nicoletos<p>#China says its economy grew 4.7% in the first half of 2026. Now look at what that growth is supposed to stand on. • Fixed asset investment: down 7.2% through August, about $335 billion less than a year earlier. • Property investment: down 19.9%. • Construction output: down 4.1% in Q2. • New orders at the big state builders: falling. China Railway Construction was down 17% in H1. Investment is around 40% of China's GDP. When 40% of an economy shrinks by 7%, you need almost 3 points of growth from somewhere else just to stay flat. Consumers are not filling the gap. Retail sales of goods rose just 1.1%. Exports did the heavy lifting, up 13.4%, and delivered about a fifth of Q2 growth. But imports rose even faster, up 22.1%, so the trade surplus actually shrank. And yet the official accounts say investment added about 1.5 points to growth in H1. The monthly data say investment shrank. The GDP accounts say it grew. Same economy, same six months, two opposite stories. The Bank of Finland's model puts Q2 growth at 3.1%, not 4.3%. The official figure sits near the very top of its range. Q3 GDP comes out October 19. Watch how neatly it lands. Why the world keeps looking away</p>https://michaelnicoletos.substack.com/p/the-elephant-no-one-wants-to-see?ref=gnosly0.00602026-10-05T12:41:25.788237+00:002x.comchinagrowtheconomy2099https://pbs.twimg.com/media/HT3NbdOX0AAYXHS?format=jpg&name=smallImage2026-10-05T12:41:26.445431+00:002276Spain’s PM Pedro Sánchez calls snap election after housing law fails to passhttps://www.theguardian.com/world/2026/oct/05/spain-prime-minister-pedro-sanchez-snap-election-housing-crisis0.00402026-10-05T12:33:55.541500+00:0027theguardian.comspainpedro-sánchez2098IMAGE/media/content/2276/image.pngimage.pngpng2026-10-05T12:34:30.936018+00:002275@ricwe123Richard<p>Source: @ricwe123 (X)</p>https://x.com/ricwe123/status/21070267957446700350.00402026-10-05T10:28:39.680490+00:002x.combritainelectricityuk2097https://pbs.twimg.com/media/HT2ps8qXIAAVN-O?format=jpg&name=smallImage2026-10-05T10:28:40.772203+00:002274@fteconomicsFT EconomicsEuro tumbles to 17-month low against dollarhttps://x.com/fteconomics/status/21069966120356745260.00402026-10-05T10:24:08.553919+00:002x.comdollareuroeconomy2096https://pbs.twimg.com/card_img/2106981908986970112/UnJ2lP8u?format=jpg&name=small2026-10-05T10:24:08.753541+00:002273@fberminghamFinbarr BerminghamIncredible line from Handelsblatt story on Franco-German proposal for a "kill switch" for China trade After European Council next week, Commission will "present its torture chamber," said a senior official. "China's most vulnerable point is its dependence on European market"https://x.com/fbermingham/status/21070268167833397460.00402026-10-05T10:23:16.565369+00:002x.comhandelsblattchina-tradeeuropean-council2095https://pbs.twimg.com/media/HT2puYAXoAEvTMX?format=png&name=smallImage2026-10-05T10:23:18.386465+00:002272https://www.linkedin.com/in/dan-runkevicius/Dan Runkevicius<p>Never in this century have bonds been more interesting than they are today. But this time it's not Treasuries.On Friday, the extra yield investors demanded to hold French rather than German 10-year bonds hit 159 basis points, its widest level since late 2011.France and Germany issue their own debt, and investors price each country's risks separately. But both use the euro and follow the same ECB interest-rate policy.So what gives?The best explanation so far is that the market is pricing in the risk of a Frexit after the election.French five-year CDS under the 2014 contract costs 86.6 basis points, versus 35 under the 2003 contract. The reason is that the 2014 rules cover euro redenomination more clearly, while the 2003 rules don't. (H/t Emmanuel Ferry.)That means the 51.6-basis-point gap is a proxy for euro-exit risk. The last time the gap grew so aggressively was during the 2017 election.Japan is another possible source of selling. Japanese investors held about $145 billion of French bonds in July. That's roughly 4% of France's marketable government debt and 6.6% of Japan's overseas bond holdings.After currency hedging, a 4.9% French bond yield works out to about 3.4% for Japanese investors, not much more than they can earn at home.Not surprisingly, their French holdings have already fallen 2.5% since year-end. If more investors decide the extra yield isn't worth the risk, Japan could help push French yields higher in the near term.</p>https://lnkd.in/p/dCxtYKFN0.00602026-10-05T10:07:13.736764+00:001linkedin.comfrancebondseconomy2094https://media.licdn.com/dms/image/v2/D4D22AQH9IxU95nWGOQ/feedshare-shrink_160/B4DaEK.py8JYAk-/0/1791185559185?e=1792627200&v=beta&t=CqPYID6N_46xWtrUcs20shh7vHZ5sZQm2YPQjBLrEW8View image2026-10-05T10:07:14.853205+00:002271@spectatorindexThe Spectator Index<p>Source: The Spectator Index (X)</p>https://x.com/spectatorindex/status/21069735046379357760.00402026-10-05T10:02:10.053740+00:002x.comusdeurocurrency2093https://pbs.twimg.com/media/HT15NbibQAANcti?format=jpg&name=smallImage2026-10-05T10:02:10.376673+00:002270@agounardesAndrew Gounardes<p>Source: Andrew Gounardes on X</p>https://x.com/agounardes/status/21068901983699476590.00402026-10-05T09:57:17.290016+00:002x.comaisam-altman2092https://pbs.twimg.com/media/HT0teCyXEAAqzOv?format=jpg&name=smallImage2026-10-05T09:57:18.398699+00:002269@TiefseherDaniel D. Eckert<p>The weakness of the French economy and the political disunity in Germany are taking their toll on the euro exchange rate</p>https://x.com/Tiefseher/status/21069883016892376530.00502026-10-05T09:52:07.685416+00:002x.comeuroeconomy2091https://pbs.twimg.com/media/HT2GZ_UXMAAZckt?format=jpg&name=smallImage2026-10-05T09:52:07.947495+00:002268@cleantechnicaCleanTechnica<p>Posted <span class="hljs-keyword">by</span> CleanTechnica on X</p>https://x.com/cleantechnica/status/21068446384850375190.00602026-10-05T09:48:50.718839+00:002x.comsalesbydbev2090https://pbs.twimg.com/card_img/2106483930857959424/mJXxukT1?format=png&name=small2026-10-05T09:48:52.057582+00:002267<p>The ongoing global squeeze on crude oil and refined fuels is likely to worsen, the head of Saudi state oil giant Aramco says. Refilling global stockpiles tapped under emergency measures could take two years, said Aramco Chief Executive Officer Amin Nasser. “Until Hormuz fully ⁠reopens and confidence returns, ⁠the crude reality is that pressure at both ends ⁠of the barrel will intensify,” Nasser told the Energy Intelligence conference in London. “⁠Even then ⁠replenishing inventories while meeting demand could take up to two ‌years,” he added.</p>https://aje.news/x7vu51?update=50179500.00402026-10-05T09:37:29.490926+00:005aljazeera.comoilenergyaramco2266https://www.linkedin.com/in/jonathanroig/Jonathan R.<p>Harvard Stock Portfolio:Source: Rand Group</p>https://lnkd.in/p/dXp3ng8T0.00602026-10-05T09:28:53.323604+00:001linkedin.comharvardrand-groupstock2088https://media.licdn.com/dms/image/v2/D4E22AQH59d-uUxhQtQ/feedshare-shrink_160/B4EaEK0Z8hGwAo-/0/1791182872667?e=1792627200&v=beta&t=7cgWvCR3XHWkYPRzWMVlTKHEmINGRhJMH7lgN7Nj9OQView image2026-10-05T09:28:53.630256+00:002264@ZiadMDaoudZiad Daoud<p>• It loaded no crude on tankers in September • New sanctions on automakers &amp; rail companies • Inflation hit 90%</p>https://x.com/ZiadMDaoud/status/21067227383124667530.00402026-10-05T09:24:56.629710+00:002x.comiransanctionsinflation2089IMAGE/media/content/2264/g-20261005-iran-street-image.jpgg-20261005-iran-street-image.jpgjpg2026-10-05T09:33:23.857788+00:002263<p>The army of Yemen’s internationally recognised government says it has “succeeded in controlling” the Bab al-Mandeb strait and recaptured a nearby airport in the coastal town of Dhubab in the governorate of Taiz. In a series of posts on X, Brigadier General Majid al-Nuzaili said Yemen government forces had taken over the airport and tightened control in the area. Some Houthi fighters escaped via boat after being besieged, he added. Yemen’s government forces earlier said they seized the Dhubab district during a “decisive military operation” against the Houthis. The military operation is ongoing, al-Nuzaili said.</p>https://www.aljazeera.com/news/liveblog/2026/10/5/iran-war-live-fighting-in-yemen-intensifies-tehran-says-ready-for-us-war?update=50178260.00702026-10-05T09:19:03.317794+00:005aljazeera.comyemenbab-al-mandeboil2086https://www.aljazeera.com/wp-content/uploads/2023/11/developing-1699362882.svgDeveloping2026-10-05T09:19:04.309283+00:002262A US-sanctioned Iranian petrochemical producer has generated $10bn in oil export revenues over the past two years, “having successfully navigated the constraints of the sanctions era and wartime conditions”, according to the Fars News Agency. The Persian Gulf Petrochemical Industries Group (PGPIG), which is also a public holding company, submitted a report to the Iranian government that said the firm has entered a phase of “surging profitability and development”. “Last year, the company’s net profit reached 187.5 trillion tomans [nearly $700m] – a 67.4 percent increase over the previous year – while production volume rose by 2 million tonnes compared to the prior year,” it said. “During the critical period marked by imposed conflict and a naval blockade, and despite numerous challenges, the holding’s trade and export operations continued around the clock,” it said. “Over the past two years, nearly $10bn in export revenue generated by the holding’s subsidiaries was repatriated to the country through the established financial and banking system.” In 2019, the US sanctioned the PGPIG for providing financial support for the economic arm of the IRGC, Iran’s elite military unit in charge of its ballistic missile and nuclear programmes.https://aje.news/x7vu510.00602026-10-05T09:15:43.654900+00:005aljazeera.comiransanctionsoil2261https://www.linkedin.com/in/wim-grommen-87aa7632/Wim Grommen<p>Japan Just Broke The French Bond MarketOne Tokyo fund (Sumitomo Mitsui DS) didn’t trim exposure. It dumped every French government bond it held and rotated into German Bunds and short-term Japanese paper. Not a reduction. Full exit. Something that even shocked the Financial Street. The France-Germany 10-year spread blew past 140 basis points, the widest gap since the euro crisis. France's 5-year CDS has spiked up to 81 basis points, the highest since 2013. The higher the number, the greater the risk of national bankruptcy.French domestic holders are now facing a deeper mark-to-market loss and a less liquid exit to sell into the same one-way market.Japanese investors still sit on roughly ¥25 trillion of French debt, second only to American holders and this was a single manager’s book.Carry trades that funded higher-yielding global debt market with cheap yen just got a live demo of how fast the unwind can hit. When the bid from Japan disappears, the largest European sovereign market has to find new buyers at the same time its own government is arguing over a deficit plan that markets already distrust. If more Japanese money follows the same exit, the same flow that once compressed euro spreads can reprice them in the other direction. We now understand what @yutokanzakireal meant by saying “Japan is bringing the entire house down” in response to Scott Bessent’s “I am the house now” statement: Ending cheap-yen funding is forcing a margin call on the leveraged global debt system built on the carry trade and not just the U.S. leverage.France just got the first real look at what Japan’s wealth returning to the homeland looks like. Post by Stern Drew on X</p>https://www.linkedin.com/in/wim-grommen-87aa7632/0.00602026-10-05T09:00:18.607041+00:001linkedin.combondsjapanfrance2085https://media.licdn.com/dms/image/v2/D4E22AQG_F_PlZzPnhQ/feedshare-shrink_160/B4EaELAmJwJkAk-/0/1791186068397?e=1792627200&v=beta&t=xZWA8CHpnS2r9ADuNBieRYweiQD_aoT7QHI9bUJZAEAView image2026-10-05T09:00:19.680600+00:002260https://www.linkedin.com/in/ruth-carson-3a22897/Ruth Carson<p>🇫🇷 French Bonds at Risk of More Japanese Selling on Outsized Stake 🇫🇷Japanese investors hold far more French bonds than benchmark weightings recommend, raising the threat of a new wave of selling that could deepen France’s debt rout.A Bloomberg analysis estimates investors in the Asian nation own ¥23 trillion ($145 billion) worth of French bonds as of July. That’s 6.6% of the Asian nation’s total overseas debt holdings, making them the most overweight in the euro region relative to the Bloomberg Global Aggregate Index.France is facing a bond crisis just as sentiment for the nation’s debt has soured on missed deficit targets, policy gridlock and presidential elections next year that could radically alter the country’s direction. dent sentiment on the nation’s debt. While Japanese investors have remained steadfast holders of French paper through multiple episodes of political and market turmoil, the risks of further selling may be higher this time around.That’s because rising yields at home are making Japanese government debt more attractive, boosting incentives to repatriate money and potentially eroding a support pillar for the European debt. Among investors already positioned for further drops in French bonds is Fivestar Asset Management Co.’s Hideo Shimomura.“This is just the beginning,” Shimomura said of France’s debt selloff. “If the European Central Bank just leaves things alone, there are concerns that, judging from the European debt crisis, France’s 10-year government bond yield could rise as high as 7%." Read More: https://lnkd.in/gc-CU_f6 Reporting with Masaki Kondo in Tokyo.</p>https://lnkd.in/p/dsPUGsxt0.00802026-10-05T08:53:01.296137+00:001linkedin.comfrancebondsjapan2084https://media.licdn.com/dms/image/v2/D5622AQEF5zYp_MMpIQ/feedshare-shrink_1280/B56aEKyfLUHQAQ-/0/1791182369710?e=1792627200&v=beta&t=FXL5405HoEL7RQUmJIkc-LlUg0u7Qag3WfUzhiL4W7QView image2026-10-05T08:53:01.974784+00:002259@nicolasfulghumNicolas Fulghum<p>EVs in the UK are "running out of juice"...except they're not..and never were. Again and again, critics have doubted EVs, yet the market simply keeps on growing. [Original graphic by Carbon Brief, annotations added later]</p>https://x.com/nicolasfulghum/status/21070062624919267650.00602026-10-05T08:49:25.458567+00:002x.comukevsgrowth2083https://pbs.twimg.com/media/HT2WGVJWsAAGHua?format=jpg&name=smallImage2026-10-05T08:49:26.406086+00:002258@SoarAtlasSoar Atlas<p>The pipeline had only recently begun to recover from the September attacks.</p>https://x.com/SoarAtlas/status/21070137604353395880.00502026-10-05T08:39:45.803448+00:002x.comsaudi-arabiaoilpipeline2082IMAGE/media/content/2258/image.pngimage.pngpng2026-10-05T08:40:41.501530+00:002257The ⁠military operation by the internationally recognised government of Yemen to retake ⁠⁠territory held by ⁠⁠the Houthis will be long and difficult, a defence analyst says. “All signs are pointing towards a long battle,” said Baraa Shiban, associate fellow in international security at the Royal United Services Institute. “We might be witnessing yet another round of years of conflict inside Yemen. And, unfortunately, it’s the Yemeni public who are going to bear the brunt of this escalation,” he told Al Jazeera from Istanbul. While some suggest the operation will wrap up quickly, Shiban said the reality is otherwise. “I don’t think it’s going to be an easy and quick operation. We might be looking into years.” The already long-running conflict also points towards a failure of the international community, which despite a ceasefire in 2022 has been unable to achieve any breakthrough towards a lasting peace, he added. “The UN envoy to Yemen hasn’t been able to meet the Houthis for more than two years now, so it’s a failure on all levels – of course, internally but also for the mediators and international community.”https://www.aljazeera.com/news/2026/10/4/yemens-leader-announces-military-operation-to-retake-houthi-held-territory0.00602026-10-05T08:32:26.903247+00:005aljazeera.comyemenconflicthouthis2080https://www.aljazeera.com/wp-content/uploads/2026/09/2026-09-12T144613Z_907462049_RC2MHNA7TAES_RTRMADP_3_IRAN-CRISIS-YEMEN-PRISONERS-1789575662.jpgHouthi forces in Sanaa in September 20262026-10-05T08:32:27.501411+00:002256@TGEThGlobalEyeThe Global Eye<p>Source: Business Secretary Jonathan Reynolds</p>https://x.com/TGEThGlobalEye/status/21069852359929571870.00502026-10-05T08:23:18.605726+00:002x.comelectric-vehiclestariffsuk2078https://pbs.twimg.com/media/HT2D2eeWIAA0HhB?format=jpg&name=smallImage2026-10-05T08:23:19.593031+00:002255@ZSchneeweissZoe Schneeweiss<p>London takes a hit as super-rich worth $160 billion exit the UK&nbsp;</p>https://x.com/ZSchneeweiss/status/21069940416364833060.00502026-10-05T08:15:53.439052+00:002x.comwealtheconomyuk2077https://pbs.twimg.com/media/HT19kRPWAAAkNwX?format=png&name=smallImage2026-10-05T08:15:54.675648+00:002254https://www.linkedin.com/in/charles-henry-monchau-cfa-cmt-caia-4003096/Charles-Henry Monchau, CFA, CMT, CAIA<p>It was less than $50,000 a day before the war started, and ~$1.1 million when I first published the chart in September</p>https://lnkd.in/p/dviuJzgC0.00602026-10-05T08:10:22.401915+00:001linkedin.comoilvlcc2076IMAGE/media/content/2254/image.pngimage.pngpng2026-10-05T08:12:57.825743+00:002252https://www.linkedin.com/in/ruben-hassid/Ruben Hassid<p>Stop saying AI is a bubble. A bubble isn't deflating the price of its technology at record speed. You don't believe me because you've never seen the numbers:1. You never compared AI at the same level of intelligence. You think AI gets more expensive because you compare your subscription.2. But to compare the price of AI, you must compare the price for the SAME level of intelligence.3. Once you do compare it, you realize the same level of intelligence gets 76x cheaper... every year.4. So year 1: 76x cheaper. Year 2: 5776x cheaper...5. In 5 years, AI got 1 million times cheaper.I don't think you understand 1 million times cheaper.If you paid $1,000,000 worth of Claude Fable-5 in 2026, the same Claude Fable-5 in 2031 would cost... 3 cents. Even water is more expensive. That's what people call "too cheap to meter".But you don't feel it. You see your bank account and maybe you went from a free cloud subscription to a $20 or $100/month subscription so your own subscription increased last year. It didn't get 76 times cheaper.&nbsp;But you forgot one thing.You are not comparing the same level of intelligence. The AI you were using last year is nothing compared to the one you're using today.&nbsp;I don't even want to imagine what's going to happen next year.&nbsp;Regardless, if you use the same level of intelligence, it is roughly 76 times cheaper. Probably free.&nbsp;But if you're using the frontier, the most intelligent model ever produced, you're going to spend about the same amount of money, if not a little bit more.&nbsp;I am okay paying a little bit more if I have the smartest machine ever made to do pretty much everything.&nbsp;I kind of already feel that way, to be honest, with Opus 5.5.In 2022, I was saying, "master AI before it masters you."&nbsp;A better way to see it is "Master AI before it gets 76 times cheaper than you".&nbsp;Every year.&nbsp;PS: I write my newsletter "How to AI" to be ready.I believe some humans will make the most of it, more valuable than ever. As I am trying to keep up, I want everyone else to stay ahead.Join 971,000 readers at: how-to-ai.guide.</p>https://lnkd.in/p/dZmQhi-w0.00552026-10-05T07:57:45.723350+00:001linkedin.comnewslettertechnologyai2075https://media.licdn.com/dms/image/v2/D4E22AQFEYvE3bwkIvg/feedshare-shrink_800/B4EaD8DGs3IwAc-/0/1790935067710?e=1792627200&v=beta&t=AHGiKbVkRq9mi8wKlBN_eLYKuSqbSezGxs4JMttF5UcView image2026-10-05T07:57:47.554635+00:002251Ship-tracking firm TankerTrackers.com says satellite imagery showed at least 19 ship-to-ship transfers of oil and other energy products in the Gulf of Oman yesterday. It said 11 of the transfers involved crude oil, two involved liquefied natural gas, and the rest were of refined products, including petrol and diesel. Analysts have cited a surge in ship-to-ship transfers as one of the main reasons for the rebound of oil exports out of the Middle East despite the ongoing war and blockades by Iran and the US. It involves the use of tankers that shuttle back and forth across the Strait of Hormuz to offload their cargo onto other tankers waiting in the Gulf of Oman.https://aje.news/x7vu510.00602026-10-05T07:26:15.718508+00:005aljazeera.comshippingoilenergy2074https://www.aljazeera.com/wp-content/uploads/2026/10/getty_6ac34346d8-1791181638.jpg?w=770&resize=770,513&quality=80MUSCAT, OMAN - JUNE 19: A tourist boat passes near crude oil tankers, bulk carriers, and other vessels anchored off Qaboos Port in Muscat, Oman, on June 19, 2026. The port as a hub for regional trade has become a crucial maritime traffic point. The Strait of Hormuz, a vital shipping route for the region's oil and gas, was effectively blockaded since the outbreak of war between the United States and Iran in late February. This week's provisional peace deal between the countries was meant to reopen the waterway to shipping traffic, but the pace of that reopening is unclear amid continued fighting in Lebanon and the need to clear the Strait of sea mines. (Photo by Elke Scholiers/Getty Images)2026-10-05T07:26:18.478422+00:002250@riteshmjnRitesh Jain<p><span style="background-color: rgb(255, 255, 0);">Except for the Railroad bubble which Liaqayat Ahmad has chronicled in his book 1873, when rail road as a sector peaked at 63% of benchmark, every other bubble in last 150 years has peaked with a single sector at 40% of the benchmark.</span></p><p><strong style="background-color: rgb(255, 255, 0);">AI big ten stocks are now 42% of the benchmark.</strong></p>https://x.com/riteshmjn/status/21069166844981166130.00502026-10-05T06:46:00.189806+00:002x.comrailroadsstocksai2073https://pbs.twimg.com/media/HT1FjxzbAAAmsRS?format=jpg&name=smallImage2026-10-05T06:46:01.372184+00:002249<p><span style="color: rgb(0, 0, 0); background-color: rgb(255, 255, 0);">Brazil’s closely watched </span><a href="https://www.aljazeera.com/news/liveblog/2026/10/4/brazil-elections-live-voters-head-to-polls-for-close-presidential-race" rel="noopener noreferrer" target="_blank" style="color: rgb(0, 89, 165); background-color: rgb(255, 255, 0);">presidential election</a><span style="color: rgb(0, 0, 0); background-color: rgb(255, 255, 0);"> is heading to a second round between leftist President Luiz Inacio Lula da Silva and right-wing Senator Flavio Bolsonaro, prolonging a deeply polarised race with major implications for the country and the wider region.</span></p><p><span style="color: rgb(0, 0, 0); background-color: rgb(255, 255, 0);">Brazil’s electoral court confirmed on Sunday that the two candidates will advance to a run-off on October 25 after neither won the majority needed to secure the presidency outright, with Bolsonaro leading at 55.8 million votes to Lula’s almost 53.2 million.</span></p>https://www.aljazeera.com/news/2026/10/5/brazils-presidential-race-three-key-takeaways-from-the-first-round0.00502026-10-05T06:38:12.936933+00:005aljazeera.comelectionpoliticsbrazil2072https://www.aljazeera.com/wp-content/uploads/2026/10/afp_6ac2f409b700-1791161353.jpgThis combination of pictures created on October 4, 2026, shows Brazil's President and re-election candidate for the Workers' Party (PT) Luiz Inacio Lula da Silva (R) speaks to the media after casting his vote during the presidential election at a polling station in Sao Bernardo do Campo, state of Sao Paulo, Brazil, on October 4, 2026; and Brazil's right-wing senator and presidential candidate for the Liberal Party (PL) Flavio Bolsonaro gives thumbs up in front of Rio de Janeiro gubernatorial candidate Douglas Ruas (C, back), as he leaves a polling station after voting during the presidential election in Rio de Janeiro, Brazil, on October 4, 2026.2026-10-05T06:38:13.451313+00:002248Pakistan’s Deputy PM and Foreign Minister Ishaq Dar has arrived in Saudi Arabia to attend a meeting of the Strategic Political and Defence Committee of the members of the Mecca Joint Defence Agreement. Defence Minister Khawaja Asif and army chief Field Marshal Asim Munir are accompanying Dar in Monday’s talks with counterparts from Saudi Arabia and Turkiye, the Pakistani Foreign Ministry said in a statement on X. Saudi Arabia, Turkiye and Pakistan signed the pact on August 7 to strengthen collective deterrence and expand defence cooperation. The meeting comes a day after Yemen’s Saudi-backed government announced the launch of a major military operation against the Houthis.https://aje.news/x7vu51?update=50175520.00802026-10-05T06:34:58.762314+00:005aljazeera.comsaudi-arabiaturkiyepakistan2071https://cf-images.eu-west-1.prod.boltdns.net/v1/static/665003303001/c4de94a9-df4a-49b7-9a3d-54f6958df9ad/5d8c3428-5ee7-4f72-b96e-0f9760fbc218/1920x1080/match/image.jpg2026-10-05T06:34:59.045164+00:002247Israeli military shelling has targeted the outskirts of the Haddatha and Baraachit municipalities in southern Lebanon, according to the National News Agency. The report said shelling also targeted the municipalities of al-Mansouri and Majdal Zoun overnight. It did not elaborate on the results of the attacks.https://aje.news/x7vu51?update=50175140.00302026-10-05T06:33:02.938202+00:005aljazeera.comlebanonmilitaryisrael2246The Israeli army has arrested two children west of Nablus in the occupied West Bank, according to the Wafa news agency. Israeli forces stormed the village of Deir Sharaf and raided several homes before taking two minors into custody. Israel has arrested nearly 2,000 Palestinian children in the occupied West Bank since October 2023, according to Palestinian prisoner advocacy organisations. Imprisoned children face beatings, severe restrictions on food, medical neglect, solitary confinement and other forms of ill-treatment.https://www.aljazeera.com/news/liveblog/2026/10/5/iran-war-live-fighting-in-yemen-intensifies-tehran-says-ready-for-us-war0.00602026-10-05T06:32:59.401949+00:005aljazeera.compalestinianwest-bankisrael2070https://www.aljazeera.com/wp-content/uploads/2026/02/2026-01-26T101637Z_1091866494_RC2W8JARZQH9_RTRMADP_3_ISRAEL-PALESTINIANS-WEST-BANK-RAID-1770684678.jpg?w=770&resize=770,511&quality=80A Palestinian woman with children walks near members of Israeli border police during an Israeli raid in Qalandya, in the Israeli-occupied West Bank, January 26, 2026. REUTERS/Mohamad Torokman TPX IMAGES OF THE DAY2026-10-05T06:33:01.719863+00:00