Luis Garicano 🇪🇺🇺🇦 @lugaricano@respublicae.eu
Unofficial automated mirror. No copyright asserted. ∎ Economist. Back at LSE as a Professor at @LSEPublicPolicy Summer 2023. Non-resident Fellow @bruegel_org. Recovering MEP. Currently @ChicagoBooth.
Joined Apr 2022
Hace una semana propusimos, en una resolución, sancionar al excanciller Gerhard Schroeder por sus vínculos con Rusia.
Ayer aprobamos la resolución en el Parlamento Europeo. Hoy ha dimitido de su cargo en la petrolera estatal rusa Rosneft.
Yesterday the European Parliament passed a resolution to include former German PM Gerhard Schröder in the EU sanctions list.
Today he has resigned from the board of Russian state energy company Rosneft.
RT @lugaricano: No one in the West has contributed as much as Gerhard Schröder to Russia being able to finance this war. Parliament must ask that he is added to the sanctions list. https://t.co/snrvvlfGWl
El ministro Escrivá critica al Banco de España, pero sabe muy bien que la alarma del Gobernador sobre las pensiones está muy justificada.
El Gobierno debe asegurar la sostenibilidad de las cuentas públicas antes de que le obliguen los mercados 👇
Desconectarse del gas y petróleo ruso es caro, pero la alternativa es peor.
Hoy he analizado en @EspejoPublico el plan para reducir nuestra dependencia energética de Rusia y sus consecuencias 👇
El índice de confianza del consumidor británico es el más bajo de la historia. El Reino Unido se enfrenta a una tormenta perfecta, en parte por tomar la malísima decisión de aumentar significativamente las barreras comerciales con sus principales socios.
(H/t @jeuasommenulle )
El gobierno no puede desaprovechar la oportunidad de reformar las universidades para acabar con la lacra de la endogamia y el amiguismo en el reparto de plazas. ¡Escuchen por favor la llamada de socorro de estos investigadores que son nuestro futuro! https://elpais.com/educacion/2022-05-18/endogamia-y-corrupcion-generalizada-en-la-universidad-espanola-seguimos-mirando-hacia-otro-lado.html?ssm=TW_CC
RT @WarintheFuture: “The Russian high command behaves as if its troops are an afterthought, making tactical decisions as if it can simply throw people at poorly designed objectives until it succeeds.” A superb article by @MassDara at @ForeignAffairs https://www.foreignaffairs.com/articles/russian-federation/2022-05-18/russian-militarys-people-problem
Two oil tankers from Russia arrive in Slovenia tomorrow, the 20th of May.
Ship Name: Azahar & Mavrouda
IMO: 9259915 & 9334789
Carrying approx 489.108 barrels of Diesel worth an estimated $100 M
26/N
And it gets better! I missed @pogourinchas, Michael Kremer @UChicago (with sun glasses) and Kristin Forbes @mitsloan. Impecable taste by G7! #econtwitter
On my return from my first Ukraine trip I did a thread on what I learnt on the coming hunger crisis. Today @TheEconomist has this problem on its cover. Here is my thread for some context👇
RT @lugaricano: In the past the agricultural implications of Russia´s invasion would have been inexistent. The Soviet Union was a net importer.
Between 1992 and 2002, Ukraine, Kazakhstan and Russia combined for 3 million tons of grain exports.
…
The position of the European Parliament is clear:
- Much more needs to be done for Ukraine.
- And we must strengthen the European Union capacity to act.
We have the resources and we know how to use them. Let's do it.
4/ To significantly increase aid to Ukraine:
- to provide debt relief to Ukraine – below my presentation at @kse_ua where I explained the needs,
- to create a trust fund for reconstruction,
?s=20&t=GTzZ9EbLDfyUMk-hkNOMXA
RT @lugaricano: Yesterday at @KyivSchool I laid out what the EU should do next for Ukraine: stop financing Putin & provide emergency assistance to Ukraine now. We should overcome “all or nothing” debates and start ac…
3/ As proposed by @RenewEurope, to create a Strategic Autonomy Fund for the EU to enable the EU to finance long-term investments in energy infrastructure, cybersecurity, industrial competitiveness, the circular economy and food security. We must learn from NextGenerationEU.
2/ As proposed by @RenewEurope @GuyVerhofstadt, to include in the EU sanctions list the 6,000 individuals linked to Putin’s regime as published by Aleksei Navalny's Anti-Corruption Foundation: https://www.facebook.com/RenewEurope/videos/2642654059212564
1/ As proposed by @RenewEurope, to include German PM Gerhard Schröder in the EU sanctions list, as well as all other European citizens who are on the board of directors of Russian companies or receiving money from Putin's regime. https://www.politico.eu/article/liberal-mep-gerhard-schroder-russia-sanction-list/
The European Parliament voted today a Resolution, which I negotiated on behalf of @RenewEurope, on the Economic and Social Consequences of the War in Ukraine.
This is what we asked for in the Resolution👇.
THREAD
@MESandbu Hi Martin, it is not unimaginable that dealing with this inflation suprise leads to (like in Volker´s time) (1) increasing inequality (2) unemployment (3) poverty (4) real wake drops, fully reversing the trends you praise.
This is the most fascinating thread on one of the most ridiculous frauds ever committed. Speaks very badly of @Allianz´s risk department. The current Reform of Solvency II will have to take into account this.
RT @jeuasommenulle: Time to go back to the incredible Allianz story that broke yesterday: how did a boring German insurer end up paying 5.8bn$ in fines & client compensation?
A thread + what I think are important lessons at …
I cannot agree with @MESandbu´s positive evaluation, in the middle of an inflation episode with unknown ending, of the effects of"running the economy hot". Reminds me of the guy happily telling himself "so far so good" while falling from top of a building. https://www.ft.com/content/4df218c4-329e-427e-9db7-2f1a37aa43c8
4/Incrementar significativamente la ayuda a Ucrania.
- Aliviar la deuda pública de Ucrania-- mi presentación en @kse_ua explicaba las necesidades
- Crear un fondo para la reconstrucción
?s=20&t=GTzZ9EbLDfyUMk-hkNOMXA
RT @lugaricano: Yesterday at @KyivSchool I laid out what the EU should do next for Ukraine: stop financing Putin & provide emergency assistance to Ukraine now. We should overcome “all or nothing” debates and start actin…
Unofficial automated mirror. No copyright asserted. ∎ Economist. Back at LSE as a Professor at @LSEPublicPolicy Summer 2023. Non-resident Fellow @bruegel_org. Recovering MEP. Currently @ChicagoBooth.
Joined Apr 2022
