Sunak has written a weird existentialist letter to Tory members ... implicitly promising no second lockdown and to "make it up as we go along" let's dechypher... 1/
2/ Sunak signalling the economy will come first, public health second... it's Dom's "let em die" line all over again... and notice the far right trope in the word "liberate" ...
3/ "liberate" is a dog whistle to the MAGA/QAnon creeps who are everywhere on the plebeian right... not just to traditional Tory libertarians ...
4/ "I've just inadvertently subsidised the takeoff of a pandemic Second Wave that is going to dwarf the first one and I was "not wrong" ....
5/ Sunak translated: I am going to veto a second lockdown but I have no idea therefore how to stop the virus ... Tory appetite for public health downside risk is boundless ...
6/6 It's not our fault if we start hitting six figure death toll, it's yours, thank you, goodnight and here's a nice portrait of me paid for by the taxpayer...
7/ I finally worked out whose prose style Sunak is channelling here...
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Labour's reshuffle was deftly completed and has rewarded competence and narrative skill. Task now is to start not just delivering but telling a story of who we are - I am proud of what Labour is achieving... here's one example... 1/
What happened in D.C.? 🧵1/ We, outside the classified zone, won't know for a while - because the European leaders pulled of something surreal: they pulled Trump back from getting sucked in to Putin's mental framework ... but...
2/ ... look at this: diplomats with PhDs, security analysts with years in the field, aircrew risking their lives to surveil the Russia/Iran threat... all that expertise and dedication keeping us safe ... for this? The White House of Kennedy and Roosevelt turned into a trashy gift shop....
2/ ... look at this: diplomats with PhDs, security analysts with years in the field, aircrew risking their lives to surveil the Russia/Iran threat... all that expertise and dedication keeping us safe ... for this? The White House of Kennedy and Roosevelt turned into a trashy gift shop....
There are 3 historical reference points for Trump's Alaska disgrace ... Munich '38, Berlin '40, Moscow '41... which is closest? 1/🧵we've had no readout from an honest source...
2/ At Munich democracies signed up to dismembering Czechoslovakia, sidelining USSR with which it had a mutual defence pact ... so this wasn't Munich, yet...
3/ The Aug 1941 Molotov-Ribbentrop Pact dismembered Poland and started WW2...
Global investors are selling US stocks because they know Trump's tariffs will kill globalisation and trigger recession 1/... but why are they selling bonds at the same time? 🧵
2/ ....They're selling US bonds - which they would normally buy as a safe haven - because bonds have become gambling chips for hedge funds who are gambling on massive credit ... as @FT explains
@FT 3/ ... what comes next is financial contagion. After 2008 all banks required to keep a stock of capital to cushion instability ... that's rapidly eroded... sudden stop in trade plus massive losses in financial markets is bound to take down some bank somewhere...
Britain we - and we alone - have a major diplomatic problem. Witkoff, Trump's envoy to RU, claimed on record that the four disputed provinces of Ukraine plus Crimea were "handed over by Kruschev" 1/ We are signatories of Budapest...
2/ Here's what the Budapest Memorandum says. Very clear: that we, the USA and Russia respect the *existing borders* of Ukraine. If Witkoff's position is shared by the State Dept we are, as of now, the sole remaining guarantor of UA sovereignty ...
3/ Trump is already breaching Budapest by using economic coercion against Ukraine ... but if USA has de facto walked away from Budapest then UK has to public reaffirm our adherence to it... it conforms to the Vienna criterion for a Treaty under international law ....
Make no mistake: Putin wants a puppet government in Kyiv and enforced neutrality/demilitarisation for Ukraine. 1/ Having failed to do achieve this through war, he now wants to achieve it through destabilisation... so the prevarication about the ceasefire offer is just for show🧵
2/ As @ZelenskyyUa points out: prevarication and delay is Putin's modus operandi. I'd go further - it's part of the Reflexive Control doctrine he operates against "state victims" which in this instance is the UK/EU...
@ZelenskyyUa 3/ The immediate truce offer was agreed with Trump, designed by the Brits and places Putin in a bind. He cannot insist on conditions - since his own economy is on the brink of destabilisation, and on the front line in Donbas (not Kursk) UA is v operationally effective...