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Peter Holmes

@pholmes8.bsky.social

Semi-retired trade economist, Emeritus @ UKTPO Sussex. Posts about Brexit, Freeports, WTO and anything else that catches my fancy. Migrating across from other place. Tweeted as @pholmes8. Blogs with others at https://blogs.sussex.ac.uk/uktpo/blog/

4,415 Followers  |  1,596 Following  |  388 Posts  |  Joined: 18.12.2023  |  2.1081

Latest posts by pholmes8.bsky.social on Bluesky

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If you want to see Michelle Mone kicked out of the House of Lords and arrested until she pays the Β£232,000,000 she owes give this a RT.

If you want Rishi Sunak's involvement in the Β£14,900,000,000 PPE Fraud he covered up investigated, LIKE.

01.08.2025 12:46 β€” πŸ‘ 1366    πŸ” 829    πŸ’¬ 23    πŸ“Œ 10
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Grok, is Farage responsible for uncontrolled migration to Britain thanks to Brexit? #ukpolitics

02.08.2025 14:20 β€” πŸ‘ 55    πŸ” 19    πŸ’¬ 3    πŸ“Œ 0
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Is this tough US-EU trade deal a triumph for Brexit Britain? Only in leavers’ most delusional fantasies | Polly Toynbee Yes, Britain secured better terms with the US than most other countries. But compared with the huge loss of European trade, it’s a drop in the ocean, says Guardian columnist Polly Toynbee

Their glee was unrestrained when the great US global bully gave Britain a less hard beating with a 10% tariff on its goods, compared with the EU’s 15%

Yes Britain secured better terms with the US than most other countries. But compared with the huge loss of European trade, it’s a drop in the ocean

01.08.2025 14:13 β€” πŸ‘ 344    πŸ” 76    πŸ’¬ 19    πŸ“Œ 4
President Trump called into question the integrity of the Employment Situation report that the BLS released this morning. He accused BLS Commissioner Erika McEntarfer of deliberately reporting false numbers to reflect poorly on this administration. This baseless, damaging claim undermines the valuable work and dedication of BLS staff who produce the reports each month. This escalates the President’s unprecedented attacks on the independence and integrity of the federal statistical system.
The President seeks to blame someone for unwelcome economic news. The Commissioner does not determine what the numbers are but simply reports on what the data show. The process of obtaining the numbers is decentralized by design to avoid opportunities for interference. The BLS uses the same proven, transparent, reliable process to produce estimates every month. Every month, BLS revises the prior two months’ employment estimates to reflect slower-arriving, more-accurate information. 
This rationale for firing Dr. McEntarfer is without merit and undermines the credibility of federal economic statistics that are a cornerstone of intelligent economic decision-making by businesses, families, and policymakers. U.S. official statistics are the gold standard globally. When leaders of other nations have politicized economic data, it has destroyed public trust in all official statistics and in government science.

We call on Congress to respond immediately, to investigate the factors that led to Commissioner McEntarfer’s removal, to strongly urge the Commissioner’s continued service, and ensure that the nonpartisan integrity of the position is retained. The statement from the President undermines these tenets and politicizes data which cannot and should not be used for political points.

President Trump called into question the integrity of the Employment Situation report that the BLS released this morning. He accused BLS Commissioner Erika McEntarfer of deliberately reporting false numbers to reflect poorly on this administration. This baseless, damaging claim undermines the valuable work and dedication of BLS staff who produce the reports each month. This escalates the President’s unprecedented attacks on the independence and integrity of the federal statistical system. The President seeks to blame someone for unwelcome economic news. The Commissioner does not determine what the numbers are but simply reports on what the data show. The process of obtaining the numbers is decentralized by design to avoid opportunities for interference. The BLS uses the same proven, transparent, reliable process to produce estimates every month. Every month, BLS revises the prior two months’ employment estimates to reflect slower-arriving, more-accurate information. This rationale for firing Dr. McEntarfer is without merit and undermines the credibility of federal economic statistics that are a cornerstone of intelligent economic decision-making by businesses, families, and policymakers. U.S. official statistics are the gold standard globally. When leaders of other nations have politicized economic data, it has destroyed public trust in all official statistics and in government science. We call on Congress to respond immediately, to investigate the factors that led to Commissioner McEntarfer’s removal, to strongly urge the Commissioner’s continued service, and ensure that the nonpartisan integrity of the position is retained. The statement from the President undermines these tenets and politicizes data which cannot and should not be used for political points.

"...escalates the President’s unprecedented attacks on the independence & integrity of the federal statistical system.

"The president seeks to blame someone for unwelcome economic news.

"...firing Dr. McEntarfer is without merit & undermines the credibility of federal economic statistics..."

01.08.2025 20:07 β€” πŸ‘ 413    πŸ” 167    πŸ’¬ 12    πŸ“Œ 28
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The Corporation For Public Broadcasting Is Shutting Down After More Than 50 Years The organization is a key source of funding for NPR, PBS, local public TV and radio stations around the country.

The organization is a key source of funding for NPR, PBS, local public TV and radio stations around the country.

01.08.2025 19:59 β€” πŸ‘ 11    πŸ” 14    πŸ’¬ 3    πŸ“Œ 3
Corporation for Public Broadcasting Addresses Operations Following Loss of Federal Funding WASHINGTON, D.C. (August 1, 2025) – The Corporation for Public Broadcasting (CPB) announced today that it will begin an orderly wind-down of its operations following the passage of a federal rescissio...

Equal Access Public Media's statement regarding the attached press release announcing the formal wind-down of operations at the Corporation for Public Broadcasting

cpb.org/pressroom/Co...

#CPB

1/5

01.08.2025 18:41 β€” πŸ‘ 2    πŸ” 4    πŸ’¬ 1    πŸ“Œ 0

"WASHINGTON, D.C. (August 1, 2025) – The Corporation for Public Broadcasting (CPB) announced today that it will begin an orderly wind-down of its operations"

cpb.org/pressroom/Co...

01.08.2025 16:59 β€” πŸ‘ 3898    πŸ” 2021    πŸ’¬ 466    πŸ“Œ 1234

Basically the US tariff situation is too uncertain to make huge investments that fundamentally change businesses, but world trade will go on, so companies will continue to make their decisions around government actions. That's how the modern world rolls.

01.08.2025 07:23 β€” πŸ‘ 32    πŸ” 5    πŸ’¬ 1    πŸ“Œ 0
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πŸ‘‡πŸΌπŸ‘‡πŸ½πŸ‘‡πŸΎπŸ‘‡πŸΌπŸ‘‡πŸ½πŸ‘‡πŸΎπŸ‘‡πŸΌπŸ‘‡πŸ½πŸ‘‡πŸΎπŸ‘‡πŸΌπŸ‘‡πŸ½πŸ‘‡πŸΎ

31.07.2025 11:58 β€” πŸ‘ 13585    πŸ” 4733    πŸ’¬ 384    πŸ“Œ 212

This is utterly grim: the Trump administration has no economic rationale for its nastiest policies- it just wants to be cruel.
davidallengreen.com/2025/07/cons...

31.07.2025 12:05 β€” πŸ‘ 3    πŸ” 3    πŸ’¬ 1    πŸ“Œ 0
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Bloodied Faces, Sobbing Children: Immigration Officers Smash Car Windows to Speed Up Arrests We’ve documented nearly 50 incidents of immigration officers shattering car windows to make arrests β€” a tactic experts say was rarely used before Trump took office. ICE claims its officers use a β€œmini...

NEW: We’ve documented nearly 50 incidents of immigration officers shattering car windows to make arrests β€” a tactic experts say was rarely used before Trump took office.

ICE claims officers use a β€œminimum amount of force.”

You can judge for yourself.

By @nicolefoy.bsky.social @mckenziefunk.com

31.07.2025 10:40 β€” πŸ‘ 3288    πŸ” 1786    πŸ’¬ 124    πŸ“Œ 139
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98%

That's the decrease in the annual number of single-use plastic bags in the UK since a 5p charge started 10 years ago (it's now 10p)

Not all environmental problems are that easy to tackle, but change is possible

Resharing the Mail's 2015 splash, which has aged well

www.gov.uk/government/p...

31.07.2025 08:58 β€” πŸ‘ 1425    πŸ” 385    πŸ’¬ 94    πŸ“Œ 36

"It's in a better place", I was told.
"A venison pie?"
"No, a home for maladjusted deer, who've not had a proper upbringing."

31.07.2025 10:27 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

It backed off. Managed to get to a hospital. This was Poland not UK so no queue. Huge crowd of med students who'd never seen this before. Nasty gash to leg and arms, but no lasting injury despite vicious antlers on the thing. Went back next year and asked what they had done with it?

31.07.2025 10:27 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0
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This is not only a British problem. Ten years ago I was lecturing in College of Europe, Warsaw. Walking in the park. Took pix of a deer. It started following us and then attacked me. Knocked me down. I rapidly realised it was likely to win in a serious fight so I just tried to push it away.

31.07.2025 10:27 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 2    πŸ“Œ 0
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Trump’s trade deals: It’s not 1931, yet. The overall impact of Trump's actions may only represent a modest shock to the rest of the world, primarily because the US budget and trade balances are likely to widen due to the fiscal stance, which...

Not sure if link is clear. www.uktpo.org/2025/07/30/t...

31.07.2025 09:50 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Blog on the global impact of Trump's economic policies. Would hate to seem too optimistic but it's not 1931. Yet. Aggregate demand still holding up. Rest of world not resisting Trump as much as we'd wish but *so far* RoW mostly keeping to rules with one another. WTO hammered but not yet dead

31.07.2025 09:42 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

Government doing no review at all of its use of twitter/x for public comms since 2023 (see last RT) is completely demented. Dismiss what we here think of the platform as partisan bias, but like, the fact is: major corps have stopped advertising there and haven't returned

31.07.2025 08:12 β€” πŸ‘ 224    πŸ” 45    πŸ’¬ 6    πŸ“Œ 4
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My God.

This hit so hard.

Because you know what they're going to choose.

And it makes you feel like, as a species, we may be irredeemable. So many of us find just doing the basic decent thing an utter impossibility.

31.07.2025 01:42 β€” πŸ‘ 11298    πŸ” 3557    πŸ’¬ 535    πŸ“Œ 201
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ICE is breaking the lawβ€”again.

Six Maryland members of Congress, including Senators Angela Alsobrooks and Chris Van Hollen, were illegally denied entry to a Baltimore ICE facility where detainee conditions are under federal lawsuit. They cited their legal oversight authority. ICE shrugged.

29.07.2025 15:06 β€” πŸ‘ 395    πŸ” 271    πŸ’¬ 46    πŸ“Œ 15
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Watters: I remember you said you can't win a trade war, no one wins a trade war. We just did. What did we give up?

Jessica: The right to have affordable European goods

29.07.2025 02:21 β€” πŸ‘ 18030    πŸ” 3513    πŸ’¬ 1166    πŸ“Œ 270

First, it's not just the absolute level of tariffs, but also the relative level that counts. 15 percent is the same as Japan, slightly more than the UK, but crucially much lower than China and the rest of the world. In relative terms, the EU is in a good position.

27.07.2025 19:00 β€” πŸ‘ 79    πŸ” 7    πŸ’¬ 1    πŸ“Œ 1

	Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at https://www.ft.com/tour.
	https://www.ft.com/content/60b50bf0-c54e-40e8-82fc-e774c481f715
You know that the UK’s deer are truly getting out of hand when they start disrupting picnics at country house operas in the Home Counties. I am a survivor of just such a cataclysm. This is my story.

Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at https://www.ft.com/tour. https://www.ft.com/content/60b50bf0-c54e-40e8-82fc-e774c481f715 You know that the UK’s deer are truly getting out of hand when they start disrupting picnics at country house operas in the Home Counties. I am a survivor of just such a cataclysm. This is my story.

Yet another problem Keir Starmer just refuses to address www.ft.com/content/60b5...

29.07.2025 09:26 β€” πŸ‘ 259    πŸ” 41    πŸ’¬ 32    πŸ“Œ 5
Delusions on the Left and Labour Right I had it with writing about internal Labour party politics at the end of the 2010s, and have written very little on the subject since. Wri...

New post: Delusions on the Left and Labour Right
mainlymacro.blogspot.com/2025/07/delu...
In which I will upset nearly everyone by arguing that the Labour Party only works if it is a broad church that spans left to right, but only if the left does not have control.

29.07.2025 08:00 β€” πŸ‘ 68    πŸ” 25    πŸ’¬ 42    πŸ“Œ 32
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Credit to the BBC’s Jeremy Bowen.

Defying the Israeli ban on filming Gaza from above, Bowen instead describes the carnage & genocide he can see:

β€œI can tell you that communities in the north of Gaza that I knew well…with tens of thousands of people…are flat. There’s nothing left of them.”

28.07.2025 19:33 β€” πŸ‘ 925    πŸ” 475    πŸ’¬ 18    πŸ“Œ 25
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I mean it is the administration of the lowest of lows.

28.07.2025 11:16 β€” πŸ‘ 7974    πŸ” 3202    πŸ’¬ 164    πŸ“Œ 40
Post image 27.07.2025 22:10 β€” πŸ‘ 1675    πŸ” 657    πŸ’¬ 101    πŸ“Œ 35

Google's AI summary if you search for the title:
"Lobachevsky Analytic and Algebraic Topology of Locally Euclidean Metrizations of Infinitely Differentiable Riemannian Manifold," refers to a mathematical concept explored in Tom Lehrer's song "Lobachevsky".

28.07.2025 14:23 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

You cannot claim to be outraged by starving babies while also emulating the discourse of those starving the babies.

It is sheer moral cowardice to continue to insist that this has anything to do with Hamas. This is a genocide, pure and simple.

You are failing. May this failure haunt you.

28.07.2025 13:55 β€” πŸ‘ 62    πŸ” 29    πŸ’¬ 0    πŸ“Œ 0

& (a tariff/import tax) is ALWAYS taken from its own consumers, via its own importers..
If the tariff is too high the import just won't be feasible & there will be *zero* revenue in the importing country Govt coffers to "replace income tax"
3/3

28.07.2025 01:22 β€” πŸ‘ 26    πŸ” 8    πŸ’¬ 5    πŸ“Œ 0

@pholmes8 is following 20 prominent accounts