David Stringer

We have forgotten how bad 2022 crisis was. Commodity: price today (peak in 2022) Brent: $99 ($139) EU steel: $710 ($1,435) EU wheat: €200 (€438) US corn: $4.5 ($8.2) EU gas TTF: €51 (€339) Henry Hub gas: $2.9 ($9.7) German power: €95 (€984) Urea: $660 ($910)

CHART OF THE DAY: Without minimizing Qatar's announcement that it's shutting down LNG production (which triggered a 45% price jump), here's a bit of context about international gas prices. Using European benchmark TTF as a proxy, here's the price chart of the last few years.

European gas prices surge another 10% as Qatar's LNG export plant is still offline 📈📈 Prices up >60% over the last two days

Albee Zhang writes about China's young, low-cost retirees, quitting careers before thirty and taking advantage of China's slowing economy to chill out in semi-abandoned, shockingly cheap housing complexes: apnews.com/article/china-…

Europe faces its biggest energy crisis since Russia's invasion of Ukraine in 2022 🚨 Qatar shut production at the world's biggest LNG export plant after an Iranian drone attack. That facility produces ~20% of global LNG supply Europe will need to compete with Asia for LNG

A couple of years ago, following an 8 year public records battle w/ODNI, I was able to get a document declassified: Kremlin Ordered Assassinations Abroad Will Probably Persist As far as I could tell, nothing like this had ever been publicly released bloomberg.com/news/newslette…

It is not enough to cast the great spin doctor out of political life. Unless we want to see a disgusted public revolt against the political establishment, we need to cast his spirit out of political life, bloomberg.com/opinion/articl…

Thank you to the FT, and it's amazing editors, and to everyone who has read and shared for an overwhelming response. You can read the full, uncut version of the story here: bungalow-magazine.com/p/the-bench-ee…

Battery prices at $108/kWh is wild to see. That's the global average for all-in pack prices. In China, where EV and solar+battery adoption continues to rip, pack prices are down to $84/kWh. Latest figures from BNEF: about.bnef.com/insights/clean…

"It’s uncommon for a city to have even one sovereign wealth fund; the UAE’s capital has three" This piece is a nice overview of how and where Abu Dhabi invests its wealth bloomberg.com/graphics/2025-…

It would be criminal for the Manchester United board not to invest in their women’s team and give them much needed squad depth. That team are out there giving there absolute all every time they step on the pitch and shining so bright in CL. They DESERVE a board that backs them.

🚨 EXPLOSIVE NEW investigation: We uncovered previously undisclosed details about an 18-month money laundering investigation into Jeffrey Epstein that took place alongside the 2007 federal sex crimes probe, according to emails & docs @business obtained from Epstein's personal Yahoo account & source familiar 🎁 bloomberg.com/features/2025-…

Cristiano Ronaldo has become a billionaire largely from what he earns on the field rather than off it - unique among the world's richest athletes In the first comprehensive calculation of his net worth, we estimate CR7 is worth $1.4 billion, post tax bloomberg.com/news/features/…

Very good slide pack from @OxfordEnergy about one of my favorite topics: surging Chinese oil production. "... closely attuned to government efforts to sustain domestic production for energy security..." #OOTT #China Link: oxfordenergy.org/wpcms/wp-conte…

In just a few decades, China went from choking smog to clean-energy dominance — revealing the strength and risks of state control bloomberg.com/news/articles/…

China has revived some Covid-era health controls in the southern Guangdong province to prevent the spread of a painful mosquito-borne viral disease bloomberg.com/news/articles/…

Absolutely surreal day for me and @TheStalwart Thanks @nytimes for the interest, @benjwallace for capturing the spirit of the pod, @business for letting us run with it, and our producers @carmenarmen, @dashbot & @CaleBroooks for keeping us going. nytimes.com/2025/08/03/bus…

Artificial intelligence is giving some climate research projects a much-needed boost at a time of worsening extreme weather and funding cuts that threaten science in the US and elsewhere bloomberg.com/news/articles/…

China has started construction of the world’s biggest hydroelectric dam in Tibet that would cost around $167 billion. @SStapczynski explains the sheer scale of the project and why it's got countries like India and Bangladesh concerned bloom.bg/3IDj2vj

In 25 years covering the oil market, I have never seen anything like this: OPEC has widened its media ban, this time excluding the WSJ, NYT, FT, Reuters and Bloomberg (including myself) from attending its biennial industry conference in Vienna. #OOTT bloomberg.com/news/articles/…