Englund

Washington gick häromdagen in och stödköpte yen för att bromsa valutans fall efter att den nått sin svagaste nivå mot dollarn på omkring 40 år. ”Även om en förstärkning av yenen skulle minska värdet av utländska vinster, är det osannolikt att de senaste interventionerna för att stärka valutan kommer att försämra exportföretagens vinstutsikter för helåret i någon större utsträckning” säger Harumi Taguchi, chefsekonom för Japan vid S&P Global Market Intelligence i Tokyo. DI 11 augusti 2026 https://www.di.se/nyheter/vinstfest-i-japan-jattarna-star-emot-i-oron/ For the U.S., a weak yen is a potential problem because Japan is the world’s biggest single holder of U.S. Treasurys. https://englundmacro.blogspot.com/2026/08/4-augusti-last-chance-for-iran.html

Milwaukee County executive David Crowley narrowly RPT  narrowly  defeated a democratic socialist leftwing candidate Francesca Hong. The result is a boost to the Democratic establishment, which had been skittish that Hong’s positions — including abolishing the police and getting rid of prisons — were too far left and would alienate the general electorate.  Financial Times 11 August 2026 https://www.ft.com/content/565bd314-0803-40a2-88b3-9070f574d933?syn-25a6b1a6=1 Hong, who once called for the cancellation of Thanksgiving, worried establishment Democrats. The 37-year-old state representative and part-time bartender backs legalizing marijuana to fund high-speed broadband. She also supports a state-run development bank, taxpayer-subsidized child care, government-run grocery stores, the elimination of all college debt, Medicare for All, a 32-hour workweek with no pay cut, abolishing the U.S. Immigration and Customs Enforcement agency, restoring voting rights to felons and th...

  https://www.marketwatch.com/story/i-looked-into-buying-a-house-in-singapore-as-an-investment-heres-why-i-didnt-despite-the-2-mortgage-rate-50c79bcf Grevgatan 26 18 500 000 kr https://www.hemnet.se/bostad/lagenhet-4rum-ostermalm-stockholms-kommun-grevgatan-26-21710945 60 miljoner kr för en villa på Bragevägen, Lidingö Singapore is positioning itself to be a major AI hub  © Lauryn Ishak/Bloomberg Singapore shrugs off Iran war https://www.ft.com/content/7c738ae1-39e5-4094-b224-605dcddaa4e0?syn-25a6b1a6=1 Deng visited Singapore in November 1978.  Lee Kuan Yew told him that if Singapore Chinese who were the descendants of poorly-educated coolies could make good, how much better mainland China could be if the right policies were adopted. Besöket skulle i grunden rita om världsekonomin. https://englundmacro.blogspot.com/2024/06/deng-xiaoping-ran-china-despite-having.html

Mercedes sold only 1,153 units in China in the first half, a fraction of the more than 80,000 similarly priced SU7 sedans Xiaomi Corp. delivered in the period.  The performance echoes the challenges BMW, Volkswagen and Porsche face in China, where they all reported second-quarter sales declines of at least 30%, worse than the overall market’s drop.  Meanwhile, the likes of Xiaomi and BYD. are taking customers from them, depriving the Germans of a key growth and profit driver.  So far, none of them has found a way to arrest the downward spiral. Bloomberg 11 August 2026 https://www.bloomberg.com/news/features/2026-08-11/mercedes-bmw-vw-struggle-in-china-with-new-evs-selling-poorly https://englundmacro.blogspot.com/2024/10/make-mercedes-and-volkswagen-great-again.html Xiaomi SU7 https://mistore.se/pages/xiaomi-su7 Xiaomi https://englundmacro.blogspot.com/2025/07/xiaomi.html

  Tehran’s demands for a full reopening of Hormuz include the US lifting its naval blockade on Iranian ports, the release of frozen assets and compensation for war damages. It has also called for a permanent end to attacks on groups it backs in Lebanon, Iraq, Yemen and Gaza. “I am likewise demanding compensation from Iran, for all of the people that they have killed and gravely wounded with their roadside bombs and many conflicts,” Trump wrote on social media.  “Additionally, compensation should be paid to the families of the hundreds of thousands of innocent protestors that Iran has killed over the last 50 years.” Shortly after his post, Trump added that Iran should also be held responsible for deaths and damage from conflicts in Lebanon, Syria, Yemen and Gaza, where Tehran-backed militant groups operate. Bloomberg 11 August 2026 https://www.bloomberg.com/news/articles/2026-08-11/trump-hardens-stance-iran-clouding-hopes-hormuz-deal Stockholmsbörsen går mot en avvaktande öppni...

On paper, according to the official numbers, Malta plays a remarkable role in the world economy. It’s a huge investment destination: There are only a bit over 500,000 people on the island. But it has attracted more than $500 billion in foreign direct investment.  At the same time, Maltese companies have invested about the same amount overseas. That’s about a million dollars per man, woman, and child in each direction. Of course, it’s all fake. What we’re actually seeing is a proliferation of shell companies that are used by companies elsewhere as ways to launder, transfer their profits so that they pop up in Malta, which has a basically zero tax rate on corporate profits. This is a combination of tax avoidance and tax evasion. Avoidance is when it’slegal, although it probably shouldn’t be. Evasion is when it isn’t. There’s some of both going on in Malta.  There’s quitea lot of actual money laundering and sheer criminal activity. Famously, an investigative journalist from the i...

  USA-börserna nedåt – oljepriset rusar Oljepriset har successivt klättrat uppåt under kvällen sedan ett avtal mellan Iran och Oman för att öppna Hormuzsundet, uteblivit. Iran hade tidigare uppgett att ett avtal var på gång och skulle kunna bli klart under dagen. Brentoljan lyfter 6,6 procent till 87,60 dollar,  USA:s oljereserver lägsta nivån sedan 1983.  https://www.di.se/live/usa-borserna-stanger-nedat-oljepriset-rusar/ Mohsen Rezaee the new leader of the Supreme National Security Council. He replaces Mohammad Bagher Zolghadr, a fellow hard-liner who accepted a new position as political adviser to the supreme leader. Iran has demanded the US lift its naval blockade, withdraw forces, remove sanctions, release frozen assets and pay compensation for war damage as conditions for fully reopening the Strait of Hormuz. Bloomberg 9 August 2026 https://www.bloomberg.com/news/articles/2026-08-09/wait-for-hormuz-deal-stretches-on-as-iran-says-terms-must-be-met Like all transforma...

A rare solar eclipse Wednesday will pile pressure on Europe’s “tight” power system, as heatwaves have forced nuclear and coal plants to switch off across the continent and low water levels curtail hydropower stations. Financial Times 8 August 2026 Solar eclipse threatens to tighten Europe’s electricity squeeze

Italians may help Germany get its trains to run on time.  Opening up national markets has worked wonders for European railways. The Economist 6 August 2026 https://www.economist.com/europe/2026/08/06/italians-may-help-germany-get-its-trains-to-run-on-time Did Mussolini really get the trains running on time? Say what you like about Mussolini, he made the trains run on time. That was the famous last excuse for Fascism, conveying the idea that while dictatorship might not be very nice, at least it got things done. But did Mussolini really do it? Did Il Duce, in his 20 years of absolute power, really manage to make the railway service meet its timetable?  The answer is no. Like almost all the supposed achievements of Fascism, the timely trains are a myth, nurtured and propagated by a leader with a journalist's flair for symbolism, verbal trickery and illusion. The Independent 3 April 1994  https://www.independent.co.uk/voices/rear-window-making-italy-work-did-mussolini-reall...

Wall Street vänder till rött medan oljepriserna tar fart uppåt.   Iran kommer inte låta fartyg kopplade till USA eller Israel få passera Hormuzsundet i det kommande avtalet med Oman. DI 6 augusti 2026, 19:22 https://www.di.se/live/iranutspel-far-wall-street-att-vanda-ned/ Iran will seek to bar US and Israeli ships from the Strait of Hormuz  and require compensation from hostile countries before they’re allowed to use it, according to local media reports on a proposed Iran-Oman deal to manage the crucial waterway. https://www.bloomberg.com/news/articles/2026-08-06/iran-seeks-bar-on-us-ships-in-hormuz-as-deal-with-oman-advances Iran has said a deal to reopen the Strait of Hormuz is in its "final stage" if the US doesn't obstruct it.  https://www.dw.com/en/middle-east-hormuz-deal-near-idf-soldiers-dead-in-lebanon/live-78263014 Indexen vände ned under dagen efter utspel från Iran om Hormuzsundet. https://www.di.se/live/lang-rad-rapportforlorare-pa-rott-wall-street/ Nu ho...

  SpaceX Needs to Make Its Bigger Rockets Work None of the company’s most ambitious plans are possible without the success of its Starship rockets https://www.wsj.com/finance/spacex-needs-to-make-its-bigger-rockets-work-c800f9c2 Iran Is Staking Everything on Controlling the Strait of Hormuz. Wall Street Journal Aug. 4, 2026 10:00 pm ET https://www.wsj.com/world/middle-east/iran-strait-of-hormuz-trump-talks-ec566cd7 An agreement on the Strait of Hormuz is taking shape – but not one Trump wants Control or supervision over the chokepoint has become just as much a red line for Tehran as the right to nuclear enrichment. https://edition.cnn.com/2026/08/05/middleeast/hormuz-iran-oman-agreement-analysis-intl Iran och Oman har enats om de geografiska koordinaterna för en föreslagen sjöfartsrutt genom Hormuzsundet, enligt Irans utrikesdepartement.   https://www.di.se/live/iran-och-oman-eniga-om-hormuz-rutt/ Since attacking Iran in February, Trump’s immediate demands have shrunk fro...