TSMC's founder called the U.S.’ attempt to onshore semiconductors “a very expensive exercise in futility.”

What is a day in Arizona like for thousands of American and Taiwanese staff? Is the 'buddy' system working? So many fascinating details: restofworld.org/2024/tsmc-ariz…

statistic of the day:

“the FTSE-100 is just 16% above its 1999 dotcom-era high, while the S&P has more than trebled in value in the same period”

ft.com/content/a7d7e5…

I’m sure the government could raise more money going after PPE fraud, tax avoidance among the wealthy and MPs, and stop HMRC’s sweetheart deals with big companies. I wonder why it doesn’t and instead chooses to go after the vulnerable … theguardian.com/society/2024/a…

Chilling warning: 'So I ask these empty benches. You might be waiting for an election, but what kind of country will it be if you don't stand up now?'

Thread on the beauty of our planet to celebrate Earth Day 🧵

1. Meteor over Mount Fuji by H. Manabe

6. Freezing bubble

6/6
Seen in that light, and ignoring any questions about how the NBS calculated the GDP deflator, China's unexpectedly high real GDP growth of 5.3% is less reassuring. It took a large increase in debt to achieve that number.

1/A year ago, Chinese scientists published data from samples collected at a Wuhan market at the heart of the COVID outbreak - startling many, given it happened years ago. Then the data got retracted.

Maria Cheng and I tried to find out why. Our findings:
apnews.com/article/china-…

😡 Thames Water wants to hike your bills by as much as 44%

We shouldn't be paying for their poor performance after shareholders have been paid £billions.

Enough of this. Bring Thames Water into public ownership with no bailout at the public's expense
bbc.co.uk/news/business-…

Thames Water should be forced into bankruptcy and investors/bondholders/shareholders made to foot the bill. Why should the public shoulder this outrageous scam.

Water industry regulator spent £26.7m on business consultants.

Advisers simultaneously worked for water firms.

PwC – Thames auditor/adviser bagged £11.5m. it didn't raise red flags about impact of debt, dividends, sewage dumping on company survival.
theguardian.com/business/2024/…

China is stockpiling everything from Copper to Oil to Nickel to Iron Ore.

That's what you do AHEAD of a currency devaluation.

China is preparing something major.

More -> stenoresearch.com/steno-signals-…

His true - & nakedly cruel - colours.

First Rishi Sunak declares he’ll cut benefits for 420,000 sick & disabled people to force them into work.

Now, 2 days later, he scraps a major scheme, the Work & Health Programme, to help disabled people into work.

theguardian.com/society/2024/a…

YOUR FA Women's National League CHAMPIONS! 🏆💛💙

FT: Worthing FC 2 - 2 AFC Wimbledon

WE ARE GOING UP! 💛💙🏆

📸 Hundred Fires

GOOOOALLLLLLL!!!!!⚽️
Skye Bacon opens the scoring! 🔥
Come. On. You. Dons.
#AFCW #AFCW Women #FAWNL #COYD

Fascinating thread

Dan Hodges and the Daily Mail, when will you investigate this?