NZZ-Wirtschaftsredaktor, jetzt in Zürich, zuvor in Moskau und London

Zürich
Joined November 2010
Wahnsinn! Mein Buch zum Brexit ist jetzt erhältlich: nzz-libro.ch/gerald-hosp-bre… Mehr Informationen zum Buch und Veranstaltungen: brexit-wahn-und-sinn.net/ #Brexit
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Gerald Hosp retweeted
If the main thing the US really wants out of a deal with Ukraine is "50% of its rare earth minerals" then I'm surprised this can't be wrapped up pretty quickly. Why? Because Ukraine doesn't HAVE many rare earth resources. Really. As far as anyone knows it's got barely any...
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During Trump's first term in office, the 🇺🇸US increased tariffs on many trading partners. From an economic perspective, the measures were not a success. A new study by UBS Foundation Professor @ProfDavidDorn and co-authors shows that the trade policy was nevertheless favorable for the Republican Party. ubscenter.uzh.ch/en/news_eve… This article by @hospger was originally published in German in @NZZ on 20 February 2024: nzz.ch/wirtschaft/david-dorn… #EconomicsForSociety #UZH #shareUBS
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Let's just cut through bull**it. Make your own conclusions about OPEC+ cuts. Kpler data. Dotted line = moving average.
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Qatar pauses LNG traffic through Suez Canal amid escalating tension 🇶🇦🚢 ⚠️ At least 5 LNG vessels controlled by Qatar that were heading to southern end of the Red Sea halted since Friday: ship data 👉 Qatar had been one of a handful of LNG suppliers continuing to use Suez Canal
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Putin orders seizure of OMV and Wintershall Dea stakes in Russian ventures Russian President Vladimir Putin has ordered that Germany's Wintershall Dea and Austria's OMV be stripped of multi-billion-dollar stakes in gas extraction projects in Russia's Arctic. Under the presidential decrees published late on Tuesday, stakes held by OMV and Wintershall Dea in the Yuzhno-Russkoye field and in the Achimov projects are to revert to newly created Russian companies. Hundreds of billions of dollars worth of Russian state assets have been frozen in the West as have the assets of Russian businessmen and investors. The Putin decrees formalise a loss of control that BASF and Wintershall Dea have flagged since January 2023. The decrees said the move was to safeguard national interests amid the illegal and unfriendly actions of the West in relation to Russian assets. reuters.com/business/energy/…
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Gerald Hosp retweeted
IMPORTANT UPDATE: MSC reroutes Suez traffic to Cape following incident in Red Sea. On 15 December, the MSC Palatium III was attacked while transiting the Red Sea. Fortunately, all crew members are safe with no reported injuries. The vessel suffered minor fire damage and has been taken out of service. Due to this incident, and to protect the lives and safety of our seafarers, MSC ships will not transit the Suez Canal Eastbound and Westbound until the Red Sea passage is safe. We're rerouting some services via the Cape of Good Hope, ensuring uninterrupted and secure operations. Read more: bit.ly/3Nvz8qq
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Gerald Hosp retweeted
OIL MARKET: Brent and WTI prices continue to fall despite the OPEC+ deal (or because of the deal, as the market was rightly unimpressed). Importantly, Brent time-spreads are flirting again with contango, with the 2nd-3rd month spread down to single digit cents per barrel | #OOTT
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The Panama Canal today splash247.com/panama-canal-q…
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This is an encapsulation of the tables turned in the Kazakhstan-Russia relations: President of Kazakhstan pulls a power move and opens his speech to the visiting Russian delegation headed by Putin speaking Kazakh. You can see the bewilderment and confusion among the delegation
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Georgian dishes as Lego generated by AI
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The original Michelin Man from 1894. He was is white because rubber tires are naturally white. It was not until 1912 that carbon chemicals were mixed into the white tires, which turned them black. The change was structural, not aesthetic. By adding carbon, tires became more durable. Michelin also began reviewing restaurants so that more people would travel further distances in their cars to eat at these restaurants. This, in turn, would wear down their tires faster and force them to buy more. The star system that Michelin uses goes up to three and is broken down by whether or not it's worth driving to the restaurant: One star: "A very good restaurant in its category" (Une très bonne table dans sa catégorie) Two stars: "Excellent cooking, worth a detour" (Table excellente, mérite un détour) Three stars: "Exceptional cuisine, worth a special journey" (Une des meilleures tables, vaut le voyage).
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Gerald Hosp retweeted
Unglaublich starker Text! Und ein dringender Lesetipp für all jene, die glauben, Putins Unterstützung im Volk schwinde. „Der Mehrheit ging es nie so gut wie heute“, schreibt ein kluger Beobachter aus der Provinz (in der er selbst wohnt): russiapost.info/regions/majo…
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Gerald Hosp retweeted
🇷🇺 Russia's emergency rate hike seems to have worked - but its cost will emerge in the coming months a 🧵on RUB, rates and (future) recession
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That's how it should work. First, speak loudly against the war. Prove that your businesses are not benefiting - in the case of Tinkov it was easy, as his assets in Russia were expropriated by Putin immediately after speaking out. Then, sanctions could be lifted.
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"The life of Barbie and Ken in the Soviet Union" by Lara Vychuzhanina
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According to the IEA: Russian oil exports fell by nearly 600 kb/d in June to 7.3 mb/d ... Lower volumes cut estimated oil export revenues by $1.5 bn m-o-m to $11.8 bn (-$9.9 bn y-o-y). This is the lowest export revenue level since February 2023....
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