Nick
@macrotragedy.bsky.social
What the name says really, a macro view of things with a slightly pessimistic twist...
https://macrotragedy.blogspot.com/
https://macrotragedy.substack.com/
https://macrotragedy.blogspot.com/
https://macrotragedy.substack.com/
Finally, as per usual, here's the bigger picture. Let's hope that Sep will prove to be a break from that period of relative stagnation for Greece's manufacturing sector.
November 10, 2025 at 5:11 PM
Finally, as per usual, here's the bigger picture. Let's hope that Sep will prove to be a break from that period of relative stagnation for Greece's manufacturing sector.
Here's how each manufacturing sub-sector fared in Sep. All index-heavy sub-sectors posted a positive YoY print and it's worth highlighting that Sep's top performers belonged in the high and medium-high technological segment.
November 10, 2025 at 5:11 PM
Here's how each manufacturing sub-sector fared in Sep. All index-heavy sub-sectors posted a positive YoY print and it's worth highlighting that Sep's top performers belonged in the high and medium-high technological segment.
Breadth for the Industrial sector improved MoM, as 18 sub-sectors registered a YoY increase in their respective production index compared with 14 in Aug.
November 10, 2025 at 5:10 PM
Breadth for the Industrial sector improved MoM, as 18 sub-sectors registered a YoY increase in their respective production index compared with 14 in Aug.
Greece, Manufacturing - Production Index --> +7.6% YoY in Sep
This is the fastest manufacturing production has grown since July 2024. Hopefully this marks the end of that spell of relative stagnation. 🤞🤞
This is the fastest manufacturing production has grown since July 2024. Hopefully this marks the end of that spell of relative stagnation. 🤞🤞
November 10, 2025 at 5:09 PM
Greece, Manufacturing - Production Index --> +7.6% YoY in Sep
This is the fastest manufacturing production has grown since July 2024. Hopefully this marks the end of that spell of relative stagnation. 🤞🤞
This is the fastest manufacturing production has grown since July 2024. Hopefully this marks the end of that spell of relative stagnation. 🤞🤞
Iran, Russia and the New Zealand insurer that kept their sanctioned oil flowing.
www.reuters.com/investigatio...
www.reuters.com/investigatio...
Iran, Russia and the New Zealand insurer that kept their sanctioned oil flowing
A dark fleet of tankers carried tens of billions of dollars of Iranian and Russian oil to Asia, evading Western sanctions. Reuters found the ships were connected by one thing: a small insurance company in New Zealand, run by a British family.
www.reuters.com
October 28, 2025 at 4:56 PM
Iran, Russia and the New Zealand insurer that kept their sanctioned oil flowing.
www.reuters.com/investigatio...
www.reuters.com/investigatio...
Just to highlight who gets hit by high inflation.
In Argentina, using Dec 2016 as a base:
- wages have increased by 6835.71%
- the general price level has increased by 8923.97%
In Argentina, using Dec 2016 as a base:
- wages have increased by 6835.71%
- the general price level has increased by 8923.97%
October 28, 2025 at 10:22 AM
Just to highlight who gets hit by high inflation.
In Argentina, using Dec 2016 as a base:
- wages have increased by 6835.71%
- the general price level has increased by 8923.97%
In Argentina, using Dec 2016 as a base:
- wages have increased by 6835.71%
- the general price level has increased by 8923.97%
And of course the fact that Milei is close to Trump (or however one wants to put it) speaks volumes.
www.reuters.com/world/americ...
www.reuters.com/world/americ...
www.reuters.com
October 27, 2025 at 5:28 PM
And of course the fact that Milei is close to Trump (or however one wants to put it) speaks volumes.
www.reuters.com/world/americ...
www.reuters.com/world/americ...
Of course this is based on just a quick look at the data available, no view from the ground whatsoever.
October 27, 2025 at 5:25 PM
Of course this is based on just a quick look at the data available, no view from the ground whatsoever.
Argentina - Incidence of Poverty in 31 urban agglomerations (% of persons) --> The poverty rate decreased from a high of 52.9% in the 1st half of 2024 to 31.6% in the 1st half of 2025.
October 27, 2025 at 5:22 PM
Argentina - Incidence of Poverty in 31 urban agglomerations (% of persons) --> The poverty rate decreased from a high of 52.9% in the 1st half of 2024 to 31.6% in the 1st half of 2025.
Argentina, Monthly Economic Activity by sector - # of sectors registering a YoY expansion in activity --> Breadth (i.e. the # of sectors in expansion) has also slowed since May.
October 27, 2025 at 5:04 PM
Argentina, Monthly Economic Activity by sector - # of sectors registering a YoY expansion in activity --> Breadth (i.e. the # of sectors in expansion) has also slowed since May.
Argentina - Monthly Economic Indicator --> The monthly economic indicator started to grow, on a YoY basis, in Oct 2024 and has kept growing ever since, although it has slowed markedly in July and Aug.
October 27, 2025 at 4:58 PM
Argentina - Monthly Economic Indicator --> The monthly economic indicator started to grow, on a YoY basis, in Oct 2024 and has kept growing ever since, although it has slowed markedly in July and Aug.
Argentina, Public Sector - Primary Balance (deflated, 12-month rolling-sum, mln Pesos in Dec 2016 prices) --> The public sector's primary balance swung to surplus in Jan 2024 and in June 2024 in 12-month rolling-sum terms.
October 27, 2025 at 4:54 PM
Argentina, Public Sector - Primary Balance (deflated, 12-month rolling-sum, mln Pesos in Dec 2016 prices) --> The public sector's primary balance swung to surplus in Jan 2024 and in June 2024 in 12-month rolling-sum terms.
Argentina - CPI (YoY % change) --> down to 31.8% YoY in Sep, from a high of 289.4% in Apr 2024
Since Dec 2017 (that INDEC data stretch back to) only in 8 months was annual inflation lower than it was this Sep.
Since Dec 2017 (that INDEC data stretch back to) only in 8 months was annual inflation lower than it was this Sep.
October 27, 2025 at 4:46 PM
Argentina - CPI (YoY % change) --> down to 31.8% YoY in Sep, from a high of 289.4% in Apr 2024
Since Dec 2017 (that INDEC data stretch back to) only in 8 months was annual inflation lower than it was this Sep.
Since Dec 2017 (that INDEC data stretch back to) only in 8 months was annual inflation lower than it was this Sep.
Election 2025 analysis: Why Argentines backed Milei in the midterm elections.
batimes.com.ar/news/argenti...
batimes.com.ar/news/argenti...
Why Argentines backed Milei in the midterm elections
Javier Milei pulled off a stunning win in Sunday's midterm elections, boosting his flagging reform agenda. After two years of economic hardship, why did voters back the La Libertad Avanza leader at th...
batimes.com.ar
October 27, 2025 at 4:37 PM
Election 2025 analysis: Why Argentines backed Milei in the midterm elections.
batimes.com.ar/news/argenti...
batimes.com.ar/news/argenti...
Reposted by Nick
FAFO
Wow.
"Antenna estimated a total of 3 million cancellations for Disney+ and 4.1 million for Hulu in Sept. Both of those figures far exceeded the trailing three-month avgs for the services, a sign of customers’ ire over Disney’s decision to temporarily suspend the show."
www.wsj.com/business/med...
"Antenna estimated a total of 3 million cancellations for Disney+ and 4.1 million for Hulu in Sept. Both of those figures far exceeded the trailing three-month avgs for the services, a sign of customers’ ire over Disney’s decision to temporarily suspend the show."
www.wsj.com/business/med...
Customers Ditched Disney+, Hulu After Kimmel Suspension
Cancellation rates for both Disney’s streaming services doubled in September from a month earlier.
www.wsj.com
October 20, 2025 at 7:11 PM
FAFO
On that note, prices in the Day-ahead Market seem to have increased in Oct, no? 🤨
app.powerbi.com/view?r=eyJrI...
app.powerbi.com/view?r=eyJrI...
October 21, 2025 at 9:01 AM
On that note, prices in the Day-ahead Market seem to have increased in Oct, no? 🤨
app.powerbi.com/view?r=eyJrI...
app.powerbi.com/view?r=eyJrI...
Now let's hope that the fact that this Oct has, thus far, been cool for Greek standards (esp. those of the last few years) won't lead to electricity prices spiking anew.
October 20, 2025 at 9:12 AM
Now let's hope that the fact that this Oct has, thus far, been cool for Greek standards (esp. those of the last few years) won't lead to electricity prices spiking anew.
This was due to a number of HICP components slowing down significantly and simultaneously.
October 20, 2025 at 9:12 AM
This was due to a number of HICP components slowing down significantly and simultaneously.
In Sep, for the first time in 14 months, headline inflation for Greece came in lower than that for the Euro Area.
October 20, 2025 at 9:11 AM
In Sep, for the first time in 14 months, headline inflation for Greece came in lower than that for the Euro Area.
Reposted by Nick
Extremely offline: what happened when a Pacific island was cut off from the internet | www.theguardian.com/news/2025/se...
Extremely offline: what happened when a Pacific island was cut off from the internet | Samanth Subramanian
A colossal volcanic eruption in January 2022 ripped apart the underwater cables that connect Tonga to the world – and exposed the fragility of 21st-century life
www.theguardian.com
October 4, 2025 at 10:53 AM
Extremely offline: what happened when a Pacific island was cut off from the internet | www.theguardian.com/news/2025/se...
🚨The team that starts for Everton today against Aston Villa! Thoughts on the team? #COYB
September 13, 2025 at 2:00 PM
Are Russian drones in Poland a warning to Nato? | BBC News
YouTube video by BBC News
music.youtube.com
September 13, 2025 at 1:18 PM