Thursday 02/03/23

In MACRO & CRYPTO NEWS, the West wants the UAE to clamp down on Russia sanction-dodging, Germany's inflation jumps, hopes increase for post-Brexit financial regulation progress, the BoE hints at peak interest rates and there's more crypto drama. In FINANCIALS NEWS, ESG causes a kerfuffle, Bridgewater cuts jobs, Revolut posts its first annual profit, Vanguard gives up and Chinese banks offer mortgages for 95-year-olds. In TECH NEWS, Biden gets the power to ban TikTok, Twitter crashes, China's AI advance faces limitations and Arm swerves London. In MISCELLANEOUS NEWS, Musk plans cheaper cars, Rivian torches cash, Aston Martin losses double and UK house prices fall at the steepest annual rate since 2012. AND FINALLY, I bring you a strangely addictive clip...


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