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Lukasz Krebel

@lukasz-k.bsky.social

Economics, greening finance, monetary policy & macropru. Policy adviser at the Bank of England

2,136 Followers  |  733 Following  |  4 Posts  |  Joined: 23.09.2023  |  2.1767

Latest posts by lukasz-k.bsky.social on Bluesky

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A beautiful family was killed by the russians in Ternopil.

One boy was seven years old, and the other was not even a year old.

On November 20, russians hit a residential building in Ternopil. At least 31 civilians were killed, including 6 children.

21.11.2025 11:46 β€” πŸ‘ 50    πŸ” 28    πŸ’¬ 4    πŸ“Œ 2

This is deranged and dangerous from the Conservatives, and similarly from Reform. If they could enact it, it would rip British society apart, destroy the economy & NHS, & make the UK an international pariah. Every decent politician & political journalist/commentator needs to push back hard.

22.10.2025 06:36 β€” πŸ‘ 361    πŸ” 141    πŸ’¬ 10    πŸ“Œ 4
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German far right setting agenda as opponents amplify its ideas, study finds Normalisation of far-right stances likely to affect success of such parties at ballot boxes across Europe, say researchers

German study shows how far right sets agenda thanks to mainstream parties reshaping their communications to respond to what are initially fringe issues, boosting the spread of these ideas and signalling to voters that these ideas and stances were legitimate

shorturl.at/OFfig

18.10.2025 07:48 β€” πŸ‘ 493    πŸ” 218    πŸ’¬ 9    πŸ“Œ 42
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Trump and Putin Are Buddies Again Trump and Putin's Call--Reasonable Best And Worst Case Scenarios

Just sent out this piece. Trunp and Putin are buddies again, all talk of Tomahawks to Ukraine and sanctions on Russia have disappeared. Was it all a charade? Sad thing, is that it might be worse. open.substack.com/pub/phillips...

16.10.2025 18:58 β€” πŸ‘ 229    πŸ” 61    πŸ’¬ 28    πŸ“Œ 8

When Putin talks to a Russians he consistently says that they invade Ukraine to destroy the state and nation and correct the path of history. NATO and similar framings are just for the useful foreigners.

10.10.2025 20:02 β€” πŸ‘ 1034    πŸ” 346    πŸ’¬ 20    πŸ“Œ 8

Let's cut the "Farage's plan is impractical" line eh? People said the same of Trump and now ICE goons are rounding people up into alligator-infested camps and sending people to Uganda. Need to defend principle of asylum and defend human rights and be against sending people to be tortured and killed

27.08.2025 07:34 β€” πŸ‘ 405    πŸ” 135    πŸ’¬ 1    πŸ“Œ 7

Congratulations Jeevun! All the best to you two πŸ₯°

27.08.2025 07:36 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
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Israeli forces have killed over 1,000 aid-seekers in Gaza since May, the U.N. says More than 1,000 Palestinians have been killed by Israeli forces since May while trying to get food in Gaza, mostly near food sites run by an American contractor, the U.N. human rights office said.

More than 1,000 Palestinians have been killed by Israeli forces since May while trying to get food in Gaza, mostly near food sites run by an American contractor, the U.N. human rights office said.

23.07.2025 16:21 β€” πŸ‘ 463    πŸ” 230    πŸ’¬ 34    πŸ“Œ 26
Without immediate intervention, the last reporters in Gaza will die
July 21, 2025

AFP has been working with 1 writer, 3 photographers and 6 videographers, all freelance, in the Gaza Strip since its staff journalists left in 2024.

Along with a few others, they are now the only ones left to report what is happening in the Gaza Strip. The international press has been banned from entering the territory for nearly two years.

We refuse to watch them die.

One of them, Bashar, has been working with AFP since 2010, first as a fixer, then freelance photographer, and since 2024, as lead photographer. On July 19th he managed to post a message on Facebook: β€œI no longer have the strength to work for the media. My body is thin and I can’t work anymore.”

Bashar, 30, works & lives in the same conditions as all Gazans, moving from one refugee camp to another under Israeli bombings. For > a year he’s lived in utter destitution, working at extreme risk to his life. Hygiene is a major issue for him, with recurring bouts of severe intestinal illness.

Since Feb, Bashar’s been living in the ruins of his home in Gaza City with his mother, 4 brothers & sisters and the family of one of his brothers. Their house is devoid of any furnishings, except a few cushions. On Sunday morning, he reported that one of his brothers had β€œfallen, due to hunger.”

Even though these journalists receive a monthly salary from AFP, it’s no longer enough to buy food, or they have to pay completely exorbitant prices. The banking system has collapsed, and those who exchange money via online bank accounts charge a commission of up to 40%.

AFP no longer has the ability to provide them with a vehicle and there is not enough fuel to allow these journalists to travel for their reporting. Driving a car means becoming a target for Israeli airstrikes. AFP reporters therefore travel on foot or by donkey cart. (alt txt continued in next post)

Without immediate intervention, the last reporters in Gaza will die July 21, 2025 AFP has been working with 1 writer, 3 photographers and 6 videographers, all freelance, in the Gaza Strip since its staff journalists left in 2024. Along with a few others, they are now the only ones left to report what is happening in the Gaza Strip. The international press has been banned from entering the territory for nearly two years. We refuse to watch them die. One of them, Bashar, has been working with AFP since 2010, first as a fixer, then freelance photographer, and since 2024, as lead photographer. On July 19th he managed to post a message on Facebook: β€œI no longer have the strength to work for the media. My body is thin and I can’t work anymore.” Bashar, 30, works & lives in the same conditions as all Gazans, moving from one refugee camp to another under Israeli bombings. For > a year he’s lived in utter destitution, working at extreme risk to his life. Hygiene is a major issue for him, with recurring bouts of severe intestinal illness. Since Feb, Bashar’s been living in the ruins of his home in Gaza City with his mother, 4 brothers & sisters and the family of one of his brothers. Their house is devoid of any furnishings, except a few cushions. On Sunday morning, he reported that one of his brothers had β€œfallen, due to hunger.” Even though these journalists receive a monthly salary from AFP, it’s no longer enough to buy food, or they have to pay completely exorbitant prices. The banking system has collapsed, and those who exchange money via online bank accounts charge a commission of up to 40%. AFP no longer has the ability to provide them with a vehicle and there is not enough fuel to allow these journalists to travel for their reporting. Driving a car means becoming a target for Israeli airstrikes. AFP reporters therefore travel on foot or by donkey cart. (alt txt continued in next post)

A horrifying statement published today by the Editorial Committee of the Agence France-Presse (AFP) news agency.

"Without immediate intervention, the last reporters in Gaza will die"

Translation from French to English by @cnorristrent.bsky.social:

21.07.2025 23:21 β€” πŸ‘ 5719    πŸ” 3539    πŸ’¬ 54    πŸ“Œ 163
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"Daddy" Just Accelerated The Killing Of Ukrainians Phillips’s Newsletter is a reader-supported publication.

Well, the US was not really thinking of sending more anti air weapons to Ukraine, it was planning on stopping what little was on its way. The US is cutting Ukraine off during this vital moment. Once again, flattering Trump is not the right strategy. A free piece. open.substack.com/pub/phillips...

02.07.2025 06:48 β€” πŸ‘ 625    πŸ” 215    πŸ’¬ 28    πŸ“Œ 31
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Lack of New U.S. Sanctions Allows Restricted Goods and Funds Into Russia

Trump is slowly, quietly, lifting sanctions on Russia. And halting previously allocated munitions too.
Without an announcement, US policy is beginning to favor not a ceasefire, but Russian success
www.nytimes.com/2025/07/02/u...

02.07.2025 11:29 β€” πŸ‘ 2788    πŸ” 1734    πŸ’¬ 152    πŸ“Œ 161
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The great acceleration debate Why the consilience of evidence points toward acceleration

Is global warming accelerating? Over at The Climate Brink I argue that the consilience of evidence from surface temperatures, climate models, forcing changes, ocean heat content, and earth energy imbalance all point toward yes: www.theclimatebrink....

30.06.2025 17:06 β€” πŸ‘ 340    πŸ” 156    πŸ’¬ 23    πŸ“Œ 17
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Kyiv’s sleepless nights under fire [FREE TO READ] City suffers barrages lengthier and more intense than at any point during war

The barrages targeting Ukraine’s capital have been heavier and longer than at almost any point since Russia’s invasion, killing at least 40 people this month.

β€œA few more nights like this and I feel like people are going to start leaving Kyiv again.”
w/ @fabricedeprez.bsky.social

on.ft.com/4eqYDFB

27.06.2025 07:50 β€” πŸ‘ 154    πŸ” 48    πŸ’¬ 2    πŸ“Œ 1
24.06.2025 14:58 β€” πŸ‘ 685    πŸ” 235    πŸ’¬ 22    πŸ“Œ 18
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When is a natural disaster human-made? [FREE TO READ] The mud has been cleared in Valencia. But questions remain about last year’s deadly floods

We can't process the scale of climate shocks.

I was speaking to someone from LA about the wildfires. Their view: fires have always happened, so the problem must have been government incompetence.

Sure, officials make mistakes *but* they are dealing with crazy weather on.ft.com/3RXWsyV

28.04.2025 08:54 β€” πŸ‘ 49    πŸ” 22    πŸ’¬ 3    πŸ“Œ 2

I made a new poetic scratchcard!

14.04.2025 07:35 β€” πŸ‘ 9    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0
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Russian missile strike kills at least 31 in Ukrainian city of Sumy Volodymyr Zelenskyy says dozens killed and wounded on β€˜ordinary city street’ while going to church for Palm Sunday

At least 31 civilians slaughtered by two Russian ballistic missiles in Sumy's city centre as people headed to church for Palm Sunday.

2 of the dead are children.

Putin's deadly strikes haven't stopped.

His commitment to war is ongoing, savage & shameless.

www.theguardian.com/world/2025/a...

13.04.2025 11:43 β€” πŸ‘ 346    πŸ” 139    πŸ’¬ 18    πŸ“Œ 4
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5 ways you can support Ukraine β€” even if your government doesn't want to Editor’s note: We originally shared a version of this guide for our members on Feb. 24, 2024. If you would like to join a community of people united by wanting to help Ukraine, consider becoming a mem...

As Russia’s war in Ukraine enters its fourth year, and Trump mulls cutting military aid entirely, here are some ways to help Ukraine and stand with Ukrainians.

03.03.2025 18:50 β€” πŸ‘ 781    πŸ” 337    πŸ’¬ 19    πŸ“Œ 13
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UNITED24 - The initiative of the President of Ukraine UNITED24 was launched by the President of Ukraine Volodymyr Zelenskyy as the main venue for collecting charitable donations in support of Ukraine. Funds will be transferred to the official accounts of...

Donations, if you can spare some, more needed than ever it would appear #SlavaUkraini u24.gov.ua

01.03.2025 13:55 β€” πŸ‘ 4    πŸ” 1    πŸ’¬ 1    πŸ“Œ 0

Dear Volodymyr Zelenskyy, dear Ukrainian friends, you are not alone.

28.02.2025 19:31 β€” πŸ‘ 23246    πŸ” 5812    πŸ’¬ 442    πŸ“Œ 280

February 28th, 2025 -- a date which will live in infamy

28.02.2025 19:27 β€” πŸ‘ 2    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0
The discussion of the monetary policy response to climate change has typically focused on whether central banks should take action and what types of adjustments they could make, with comparably less focus on the practical challenges in making such adjustments. This final column in a three-part series reviews some prominent examples of central banks having adjusted their monetary policy operations to account for climate factors, examining why the actions were taken, exploring which types of measures were implemented, and identifying the operational challenges and how they were overcome.

The discussion of the monetary policy response to climate change has typically focused on whether central banks should take action and what types of adjustments they could make, with comparably less focus on the practical challenges in making such adjustments. This final column in a three-part series reviews some prominent examples of central banks having adjusted their monetary policy operations to account for climate factors, examining why the actions were taken, exploring which types of measures were implemented, and identifying the operational challenges and how they were overcome.

Caspar Siegert & James Talbot @bankofengland.bsky.social find that central banks have already made significant progress in incorporating climate-related factors into their monetary policy operations. Central banks can learn from each other and adopt best practices.
cepr.org/voxeu/column...
#EconSky

21.02.2025 08:38 β€” πŸ‘ 3    πŸ” 2    πŸ’¬ 0    πŸ“Œ 0
Governments across the world are implementing policies to address the threat from climate change and to transition their economies to net zero. The changes will increasingly have macroeconomic consequences over horizons relevant for monetary policymakers. This column introduces a framework to assist central banks to understand the macroeconomic effects of the green transition and describes how economic agents are responding to climate policies in the near term, which in turn affects output and inflation through supply, demand, and financial channels.

Governments across the world are implementing policies to address the threat from climate change and to transition their economies to net zero. The changes will increasingly have macroeconomic consequences over horizons relevant for monetary policymakers. This column introduces a framework to assist central banks to understand the macroeconomic effects of the green transition and describes how economic agents are responding to climate policies in the near term, which in turn affects output and inflation through supply, demand, and financial channels.

A new framework helps central banks to understand the macroeconomic effects of the green transition & describes how agents respond to #climate policies in the near term.
S.K. Erlandsen, S.J. Ho, D Kyriakopoulou, A Mahalingam, & J Talbot @bankofengland.bsky.social
cepr.org/voxeu/column...
#EconSky

14.02.2025 10:00 β€” πŸ‘ 4    πŸ” 2    πŸ’¬ 0    πŸ“Œ 0
Climate change is intensifying, generating more frequent and severe extreme weather events. These are in turn affecting the economy through a range of mechanisms, including supply, demand, and financial channels, and over time horizons relevant for monetary policymakers. This first in a three-column series sets out a framework to assist central banks in assessing and understanding the macroeconomic effects of acute physical impacts from climate change.

Climate change is intensifying, generating more frequent and severe extreme weather events. These are in turn affecting the economy through a range of mechanisms, including supply, demand, and financial channels, and over time horizons relevant for monetary policymakers. This first in a three-column series sets out a framework to assist central banks in assessing and understanding the macroeconomic effects of acute physical impacts from climate change.

@lukasz-k.bsky.social, Danae Kyriakopoulou, & James Talbot @bankofengland.bsky.social set out a framework to assist central banks in assessing and understanding the macroeconomic effects of acute physical impacts from #climatechange.
cepr.org/voxeu/column...
#EconSky #monetarypolicy

07.02.2025 09:37 β€” πŸ‘ 2    πŸ” 2    πŸ’¬ 0    πŸ“Œ 0
A bird's-eye view of a former Auschwitz II-Birkenau camp showing a wide dirt pathway flanked by parallel rows of barbed-wire fences. Groups of visitors walk along the path, surrounded by the remnants of brick structures and barracks, now reduced to foundations. Green grass contrasts with the somber history of the site, as the path leads toward a guard tower in the distance.

A bird's-eye view of a former Auschwitz II-Birkenau camp showing a wide dirt pathway flanked by parallel rows of barbed-wire fences. Groups of visitors walk along the path, surrounded by the remnants of brick structures and barracks, now reduced to foundations. Green grass contrasts with the somber history of the site, as the path leads toward a guard tower in the distance.

Auschwitz was at the end of a long process. It did not start from gas chambers.

This hatred was gradually developed by humans. From ideas, words, stereotypes & prejudice through legal exclusion, dehumanization & escalating violence... to systematic and industrial murder.

Auschwitz took time.

27.01.2025 10:00 β€” πŸ‘ 53351    πŸ” 22680    πŸ’¬ 1070    πŸ“Œ 1738
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The utterly plausible case that climate change makes London much colder [FREE TO READ] For some climate scientists, global warming threatens Britain with a more unexpected scenario

For the FT, I explored a long-term climate scenario that some scientists now think is more likely:

Changes in ocean currents plunge northern Europe into the cold. Britain is hit by fierce winter storms; crop-growing becomes next to impossible.

How do we respond? Please read: on.ft.com/3Ch5F0J

12.01.2025 12:08 β€” πŸ‘ 187    πŸ” 99    πŸ’¬ 17    πŸ“Œ 21
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You are welcome to explore my debut solo exhibition β€˜Making Poetry’ at the National Poetry Library in London, which is on until January 5th! πŸ’› www.southbankcentre.co.uk/whats-on/mak...

14.11.2024 19:59 β€” πŸ‘ 40    πŸ” 7    πŸ’¬ 4    πŸ“Œ 0
A virtual certificate with text "Celebrating 10M users on Bluesky, #1,187,177, Lukasz Krebel β€ͺ@lukasz-k.bsky.social‬, joined on Sep 23, 2023"

A virtual certificate with text "Celebrating 10M users on Bluesky, #1,187,177, Lukasz Krebel β€ͺ@lukasz-k.bsky.social‬, joined on Sep 23, 2023"

Bluesky now has over 10 million users, and I was #1,187,177!

19.09.2024 21:09 β€” πŸ‘ 4    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

@lukasz-k is following 20 prominent accounts