w////am ❗️

TRUMP SAYS HE DOESN'T WANT A CEASEFIRE WITH IRAN

the dune movies were doomed from the start to be good and not great due to the casting of chalamet as paul. he does not have the gravitas for a child-god and is much better suited for kind of silly coming of age movies

BESSENT: U.S. MAY UNSANCTION IRANIAN OIL ON WATER IN COMING DAYS -FOX BUSINESS NETWORK INTERVIEW

Trump on Iran: "We can't let these lunatics have nuclear weapons" "When this whole thing started, they started shooting missiles all over the Middle East at countries that were basically not involved, because they wanted to take over the Middle East"

I spoke to Anthropic’s AI agent Claude about AI collecting massive amounts of personal data and how that information is being used to violate our privacy rights. What an AI agent says about the dangers of AI is shocking and should wake us up.

NETANYAHU: NEED ALTERNATIVE ROUTES THAT AVOID HORMUZ AND RED SEA CHOKEPOINTS

The International Energy Agency is this morning suggesting people should work from home, avoid air travel and drive at lower speeds to help tackle impending oil shortages The International Energy Agency (IEA) has issued a list of “demand side measures” that governments, businesses and households could take to alleviate the impact of soaring oil prices and disruption to supplies It has also recommended that ministers could reduce road speed limits, reduce car access to designated zones in large cities and give vehicles with odd-numbered plates access on different weekdays to those with even-numbered plates. Fatih Birol, the IEA executive director, said: “The war in the Middle East is creating a major energy crisis, including the largest supply disruption in the history of the global oil market. In the absence of a swift resolution, the impacts on energy markets and economies are set to become more and more severe.” The report also recommended that travellers “avoid air travel where alternative options exist” and switch from private cars to public transport

NEW | World adds record 814 GW of solar and wind in 2025, cushioning impact of the gas price crunch ☀️🌪️ The new capacity can generate enough power every year to displace a SEVENTH of global gas generation —or almost DOUBLE Qatar’s annual LNG export volume—saving ~$138 bn 💰

BLIMEY. After disappointing borrowing numbers and the Bank of England’s hawkish tilt yesterday 10 year gilt yields reached highest levels since 2008 this morning above 4.9%… and possibly heading for 5%. This is rather delicate. The market judges the UK to be energy inflation prone, and somewhat political uncertainty prone too. UK political economy is sending messages right now… eg will the state always step in, in every circumstance now to stop energy bills rising for everyone, even in a generalised energy shock? See the Cornwall Energy projection of a possible £300 annual increase in energy cap typical bills. The IEA is about to advise the world on potential demand management solutions to help (of the sort Germany effected in 2022, which were deemed politically impossible in the UK). Across UK politics can there be reasoned conversations about these things? If the Gulf crisis continues all this will come to ahead in May, when the new energy price cap is set, in the middle of the aftermath of the May local elections, at a time when whispers emerge from leadership rivals of a looser relationship with fiscal prudence. As it happens, my sense is that the Treasury is firmly planning for a far more targeted offering for any support, IF needed, using data that was not available in 2022. The internal view is that many billions of pounds of Liz Truss’ universal £42 billion energy price guarantee scheme were wasted on rich households and on heating the air outside our badly insulated homes too. On top of that the market reaction to the Bank of England’s change of direction was somewhat overdone, as the Governor’s interview by me confirmed, as he told the MPC at the meeting, raising interest rates in the UK is not going to unblock the Strait of Hormuz… that said, some city economists are now saying we could get a rate rise next month, and markets imply three this year. Let’s see. These things could all change with one Truth Social post. There is some time here. We are less than a third of the way through the observation window on energy bills. Whatever the increase on bills summer is responsible for eg 7% of domestic gas consumption… so the immediate impact over summer would be around £10 a month. But there is an issue brewing at the crossover of political and geoeconomic uncertainty for the Autumn, and May is a key staging post. I can see why they keep saying they want a deescalation, both in the Gulf, and in gilts.

NEW | The world installed a record 814 GW of solar and wind capacity in 2025 ☀️⚡️ That's over 1,000 TWh of electricity generation per year... ...enough to displace nearly twice Qatar's annual LNG export volume in gas generation 🔥❌ Fossil fuels crisis? Wind and solar deliver.