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Posts by Dan McCrum

Rogue Trooper | Official Teaser Trailer
Rogue Trooper | Official Teaser Trailer YouTube video by Rebellion

Oh nice, a Rogue Trooper animated film from @manmademoon.bsky.social! Starring some great names! Anuerin Barnard, Hayley Atwell, Jack Lowden, Diane Morgan, Asa Butterfield and Sean Bean!

What's the over-under Bean will die in this movie, though?

1 day ago 50 14 2 2

Expand the court

2 days ago 21 2 1 0
Iran (con’t). One dynamic we have seen discussed repeatedly is that idea that spot markets reflect more scarcity than futures. That argument is used to imply the “paper” futures market is full of wild speculation that will prove incorrect as physical market flows eventually wash out shorts. We disagree. Physical markets were certainly very tight and tightening rapidly in late March and early April, but since last week they have eased considerably. That’s true across both geographies and for products versus spot crude as shown in the chart below. To be sure, physical market prices slowing down are also speculative; Hormuz remains closed. But it’s also clear that buyers are counting on flows resuming near-term which means they can run inventories dangerously low without buying aggressively. The decline in crude oil futures is mirroring easing of the physical market.

With a chart of spot oil and diesel prices for Europe, Singpaore, etc

Iran (con’t). One dynamic we have seen discussed repeatedly is that idea that spot markets reflect more scarcity than futures. That argument is used to imply the “paper” futures market is full of wild speculation that will prove incorrect as physical market flows eventually wash out shorts. We disagree. Physical markets were certainly very tight and tightening rapidly in late March and early April, but since last week they have eased considerably. That’s true across both geographies and for products versus spot crude as shown in the chart below. To be sure, physical market prices slowing down are also speculative; Hormuz remains closed. But it’s also clear that buyers are counting on flows resuming near-term which means they can run inventories dangerously low without buying aggressively. The decline in crude oil futures is mirroring easing of the physical market. With a chart of spot oil and diesel prices for Europe, Singpaore, etc

Pushing back on a narrative I see a lot here (and in lots of other places!)

4 days ago 109 12 12 4
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A Protester Threw a Snowball. Federal Agents Responded With Tear Gas and Pepper Balls. A new investigation from ProPublica and FRONTLINE examines federal agents’ response to protesters and bystanders at the Trump administration’s immigration sweeps. “We see, just, use of excessive force...

NEW: “We see, just, use of excessive force after use of excess force,” said Christy Lopez, who spent years investigating law enforcement misconduct at the DOJ. “In no scenario is it OK to be pepper-spraying people as you're leaving the scene.”

w/ @frontlinepbs.bsky.social

4 days ago 1485 588 41 18
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Opus Dei, Ep. 1: Whistling Podcast Episode · Untold: Opus Dei · S4 E1 · 36min

You might like the new podcast by @antoniacundy.ft.com on The Work and its hidden role in all this

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How Ireland became the weak spot in Europe’s defences With few ships and limited intelligence-sharing, some say the country cannot hope to protect itself or its infrastructure

It’s the soft underbelly of NATO. In some lights neutrality can be seen as free-riding

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Put a fork in him, he’s done

4 days ago 9 1 1 0

This seems bad

4 days ago 11 2 2 0

Should we we tell the prime minister his choice for US ambassador failed vetting?
Nah, it’ll be fine.

4 days ago 21 3 1 0

A great moment to remember why Scruton's FT column came to an abrupt end.

1 week ago 775 260 1 0
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This victory came too late. And that’s on European leaders.
EU rule of law conditionality did work. Freezing funds helped. But it came too timidly, too slowly — held hostage by leaders unwilling to confront a fellow head of government.
The lesson must now apply faster. Slovakia is next.

1 week ago 117 23 3 0

Now, maybe it's all fair and right that we should see, say, graduate nurses and teachers in house shares until they're 40! Maybe that's the level of belt tightening we need! It would be a much easier sell, though, if you could show you'd actually *tried* to tax, say, Amazon, first.

1 week ago 18 2 1 0
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Donald Trump lashes out at Pope Leo on social media for criticism of Iran war [FREE TO READ] The head of the Catholic Church has emerged as a leading voice of opposition against US foreign policy

this story is reminding me of one of Catholicism's best quotes

"When I give food to the poor, they call me a saint. When I ask why they are poor, they call me a communist"
as.ft.com/r/3e3af84e-c...

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In case anyone missed this on Friday evening

1 week ago 41 5 2 0

Thread on the South Korean president’s evolving stance on Israel, as he faces increasing economic pressure from the war in Iran:

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The past few weeks of headlines for Crispin

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Sycophancy as a Service

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lmao this is one of those fun little domino commodities that doesn't seem like a crucial lynchpin of the global economy but definitely is

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In its defence, the FT had pleaded the accounts of 15 women willing to come to testify in court on its behalf. That included three women whose allegations had not previously been reported. 

One of those said that in 2018, when she was aged 20, she had been invited to a shooting party at Odey’s home in Gloucestershire. She said she and her boyfriend became aware that Odey had entered their bedroom in the guesthouse uninvited and was watching them while they were having sex.

In its defence, the FT had pleaded the accounts of 15 women willing to come to testify in court on its behalf. That included three women whose allegations had not previously been reported. One of those said that in 2018, when she was aged 20, she had been invited to a shooting party at Odey’s home in Gloucestershire. She said she and her boyfriend became aware that Odey had entered their bedroom in the guesthouse uninvited and was watching them while they were having sex.

1 week ago 48 6 2 1
Crispin Odey abandons £79mn libel case against the FT over sexual misconduct claims The FT had said 15 women were willing to testify in court against former hedge fund boss

Breaking news: Another very rich and once powerful man discovered that he can't bully the FT

1 week ago 800 139 23 13
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On average, expensive gin is better than cheaper gin, but cheaper whisky is better than expensive whisky.

1 week ago 4 2 4 0

Also, Congress should move authority for immigration judges out of the Executive branch and into the Judicial branch. They can be hired and supervised by district judges like magistrate judges are.

1 week ago 96 16 2 0
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Opus Dei, Ep. 3: Snow on the mountaintops Podcast Episode · Untold: Opus Dei · S4 E3 · 34min

Fascinating listen, a new FT podcast explores the hidden influence operation shaping campus and US politics by a controversial and, to some, cult-like religious organisation with extremely retrograde views: Opus Dei

podcasts.apple.com/gb/podcast/u...

1 week ago 6 2 0 0

"Beyond the capital city, strikes also hit a funeral procession, two centres distributing aid to the displaced, a hospital and mothers taking afternoon strolls with their babies bundled up in prams": horrifying report on Israel's bombing of Lebanon as.ft.com/r/57cfee91-4...

1 week ago 9 5 1 0
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I knew it was bad but really didn’t appreciate it was quite this bad

as.ft.com/r/db911dd6-f...

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More people died in Israel's latest bombing of Lebanon than died in the 2020 Beirut port blast

Brilliant reporting by @rayajalabi.ft.com

as.ft.com/r/3d576d7b-9...

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Britain breaks solar energy record twice as UK’s biggest solar farm gets approval Record high set on Monday and raised on Tuesday, with 14.4GW of electricity generated in sunny spring weather

Clean, safe, cheap, renewable energy that you don't have to fight deadly wars or destroy the environment to get.

Good for wildlife, too, when done properly.

www.theguardian.com/environment/...

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🧵on the state of the terrifying drone war in Ukraine

1 week ago 15 2 0 0
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1/ Russian drone developer Alexey Chadayev has posted a lengthy and detailed description of what is going wrong for Russia in the drone warfare arms race, where he admits that it has fallen badly behind Ukraine, with lethal consequences for the Russian army. ⬇️

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"Elmo is being treated well and just wants to come home"

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