Peter Holmes
pholmes8.bsky.social
Peter Holmes
@pholmes8.bsky.social

Semi-retired trade economist, Emeritus @ UKTPO Sussex. Posts about Brexit, Freeports, WTO and anything else that catches my fancy. Migrating across from other place. Tweeted as @pholmes8. Blogs with others at https://blogs.sussex.ac.uk/uktpo/blog/ .. more

Economics 44%
Political science 25%

Reposted by Peter Holmes

“Holdings from the library at the Goddard Space Flight Center, which includes unique documents from the early 20th century to the Soviet space race, will be warehoused or thrown out.”

This is part of the larger closure of much of the Goddard campus that is destroying numerous labs.

Reposted by Peter Holmes

1/Fascinating @nytimes.com reporting documenting rise of Trump’s neo-royalist regime. Foreign affairs -- chip deals, crypto, trade — used to extract wealth for insider cliques.
www.nytimes.com/interactive/...
Trump’s Tangled Web of Deal-Making, Policy and Riches
The president, his family and some of their closest associates have engaged in a sprawling campaign of deals that stretches across industries and the globe.
www.nytimes.com
Grok + X now seems to be awash with images undressing women, without consent. It is an issue with the potential for a very very broad coalition - across political divides - to insist the Musk platform gets back within the law, on all fronts, not just this example.
www.cnbctv18.com/technology/g...
Global outrage as X’s Grok morphs photos of women, children into explicit content - CNBC TV18
X is facing backlash after users exploited its Grok AI to morph photos of women and children into explicit images, sparking global concern over AI-driven sexual abuse and platform safety.
www.cnbctv18.com

Reposted by Peter Holmes

"Martelaar van arbeidersklasse", aldus Wierd Duk.
also, this happened this year:

Following Charlie Kirk’s assassination and the Trump administration’s promise to go after the “radical left” a study showing most domestic terrorism is far-right was disappeared.
www.404media.co/doj-deletes-...
DOJ Deletes Study Showing Domestic Terrorists Are Most Often Right Wing
Following Charlie Kirk’s assassination and the Trump administration’s promise to go after the “radical left” a study showing most domestic terrorism is far-right was disappeared.
www.404media.co

Reposted by Peter Holmes

10/ The lesson for industrial policy: you can’t tariff your way to competitiveness. Competitiveness today is about where learning happens — and right now, much of it is happening in China.
Private equity struggles to value assets, sells assets to itself to pay investors.

Sold £79.2bn of assets to itself, to new entities under its control with money from new investors to pay earlier investors.

A ponzi scheme full of conflict of interests.
PE firms sell assets to themselves at a record rate in 2025
Private equity firms sold companies to themselves at a record rate this year, using a controversial tactic
www.cityam.com

Reposted by Peter Holmes

When Americans insist "it can't happen here," they’re wrong. A sociologist who studies collective memory and identity examines how the U.S. forgot its own fascist movements and what that collective amnesia means today.
tcnv.link/gmQcWD9
If this is true, it is the most impeachable offense ever.

Reposted by Peter Holmes

Happy second anniversary of the Tory government’s announcement that pints of wine could be stocked on Britain’s shelves for the first time ever thanks to Brexit.
Important letter from an actual expert

Reposted by Peter Holmes

Nobody can read this from @davidallengreen.bsky.social and not think the UK's unwritten constitution is fit for purpose.

The UK is more exposed to authoritarianism that any established Western democracy.

Wake up!

You need a constitution. Even a revolution.

1
Yes, an incoming illiberal and radical UK government would have absolute constitutional power
27th August 2025 Only good fortune has prevented previous governments from misusing our constitutional arrangements more than they did * The constitution of the United Kingdom provides for two &#82…
davidallengreen.com

Reposted by Peter Holmes

CNN @cnn.com · 8d
A botched redaction in the Epstein files revealed that government attorneys once accused his lawyers of paying over $400,000 to “young female models and actresses” to cover up his criminal activities.
Botched Epstein redactions trace back to Virgin Islands’ 2020 civil racketeering case against estate | CNN Politics
A botched redaction in the Epstein files revealed that government attorneys once accused his lawyers of paying over $400,000 to “young female models and actresses” to cover up his criminal activities
www.cnn.com

Reposted by Peter Holmes

Corporate concentration and resulting state capture is a huge ongoing global trend that's being largely ignored in both policy and trade worlds

Reposted by Peter Holmes

Projection is straight from the Fascist handbook
The New York Times investigated 346 people who donated at least $250,000 to Trump and found that more than half of them (197) have received pardons, jobs, government contracts, special treatment, or favors.
Hundreds of Big Post-Election Donors Have Benefited From Trump’s Return to Office
Well into his second term, the president and his allies have continued aggressively raising money. Many donors have interests before his administration, The Times found.
www.nytimes.com
Fascinating from Tom’s piece

Reposted by Peter Holmes

WOW: The DOJ has DELETED an image from its release of the Epstein files that shows photos of Trump in a drawer.

Yesterday, we noted that this image — file 468 — likely slipped through the cracks while officials were attempting to hide materials pertaining to Trump.

Now, it’s gone.

Reposted by Peter Holmes

I agree with this piece by Luke (Don’t pit YIMBYs against NIMBYs), but I think there is a trade off being ducked here.

If you want new housing to integrate with nature and come with GPs and schools, you either need to make developers pay more, or you need more public investment…
Woman comes to US at age 6. Graduates nursing school. Work permit. No criminal record. Snatched and imprisoned by ICE for 6 months now. About to be forced back to Honduras. A life destroyed and one less nurse. Merry Christmas.

www.nola.com/news/educati...

Reposted by Peter Holmes

"This year, renewables surpassed coal as a source of electricity worldwide, and solar and wind energy grew fast enough to cover the entire increase in global electricity use from January to June"
www.science.org/content/arti...
Science’s 2025 Breakthrough of the Year: The unstoppable rise of renewable energy
Clean energy infrastructure is being deployed with unmatched scale and speed—and China is leading the way
www.science.org

Great fun doing this. My own contribution was largely historic. I argued that the failure of WTO international competition policy negotiations was a great pity. The need is even greater now but the political will even less.
New podcast! Is a level playing field a luxury that we can no longer afford in these days of geopolitical contention? Listen to the discussion with @weforum.org @pholmes8.bsky.social @uktpo.org @sussex.ac.uk @chrishorseman.bsky.social @borderlex.net soundcloud.com/uktpo-tradeb...

Different bits seemed to have different authors. Some parts were a grok word-salad from Trump and Vance's ramblings, while Asia was written up by someone who seemed to know about geography. All grim, but not sure if it was a single vision or a chorus of courtiers beseeching the King.
That's good for US oil companies and, given the scope for huge payoffs, good for Trump and, given that it makes Europe yet more dependent on the US for energy, good for a certain idea of US power, and good for those seeking a broader harmonisation between the US and Russian authoritarianism.

Reposted by Peter Holmes

That's good for US oil companies and, given the scope for huge payoffs, good for Trump and, given that it makes Europe yet more dependent on the US for energy, good for a certain idea of US power, and good for those seeking a broader harmonisation between the US and Russian authoritarianism.
Auditors and new officials have been turning over stones at the body in charge of Teesworks. Turns out the Tees Valley Combined Authority has been lending hundreds of millions of £ to connected orgs, without loan agreements, and those orgs are now struggling to repay

as.ft.com/r/ac457745-4...
Auditors raise red flags at public body run by Ben Houchen
[FREE TO READ] EY said errors included ‘material misstatements’ in latest setback for Conservative metro mayor Lord Houchen
as.ft.com
Most definitively ruled myself out of contention of visiting the US in the next three years by saying what trade folk and I suspect most in UK government know, that any trade deal with Trump could be renounced by him tomorrow. Worry that some are still naive. www.theguardian.com/politics/202...
MPs warn that UK agreements with Donald Trump are ‘built on sand’
Exclusive: Health select committee chair says UK government’s ‘naive belief’ Trump is a good faith actor ‘could cost UK taxpayer billions’
www.theguardian.com

Reposted by Peter Holmes

New podcast! Is a level playing field a luxury that we can no longer afford in these days of geopolitical contention? Listen to the discussion with @weforum.org @pholmes8.bsky.social @uktpo.org @sussex.ac.uk @chrishorseman.bsky.social @borderlex.net soundcloud.com/uktpo-tradeb...

Reposted by Peter Holmes

Welcome news that the UK will re-join Erasmus, providing life-changing opportunities for students to study across Europe.

We must continue rebuilding our relationship with Europe: secure the youth mobility scheme, re-join the customs union, and begin talks to re-join the EU.