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    Brad Setser “Tariffs are currently 7.5 percent on electric vehicle battery packs but 25 percent on the components of those packs. The lower rate should be raised. China had long steered its subsidies to companies that manufacture and source their products in China - and sometimes had required those companies to be Chinese-owned. In order to build up industrial sectors where China has a first-mover advantage and now a cost advantage you need to have an insulated market - and to use some of the tools that China has already used.” 3 hours ago
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    Lael Brainard “China's policy-driven overcapacity poses a serious risk to the future of the American steel and aluminum industry. China cannot export its way to recovery. China is simply too big to play by its own rules.” 3 hours ago
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    Ruth Harris “War is a physical human endeavour and you have a force that is utterly exhausted, not slightly fatigued. It's a heavily attritional war. It's messy, it's bloody, there is nothing glorious about this. The glide bombs that are currently used are hugely devastating. They're cheap to make. They are pretty damn accurate and they can be adapted really quickly. They are fast and [the Russians] have a lot of them. This is a war of mass cost and pace. That's the operational factor on the ground.” 8 hours ago
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    Ali Vaez “We are in a situation where basically everybody can claim victory. Iran can say that it took revenge, Israel can say it defeated the Iranian attack and the United States can say it successfully deterred Iran and defended Israel. If we get into another round of tit for tat, it can easily spiral out of control, not just for Iran and Israel, but for the rest of the region and the entire world.” 8 hours ago
  • Lloyd Austin
    Lloyd Austin “Whether it's munitions, whether it's vehicles, whether it's platforms, I'll just tell you that Ukraine right now is facing some dire battlefield conditions. We're already seeing things on the battlefield begin to shift a bit in Russia's favour. We are seeing them make incremental gains. We're seeing the Ukrainians be challenged in terms of holding the line.” 19 hours ago
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28 Jul 2020

“I’m shocked. Conte is arguing in the Senate that without a state of emergency the government is unable to make normal decrees, bills, ordinances. This is a gross lie and a very dangerous assault on liberty.”

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Head of the far-right Brothers of Italy party
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  • 28 July 2020
  • 28 July 2020
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