Should we be putting this on recording? Well, let's start. This is the fifth in our series, the Wolf Krugman Exchange. I'm Martin Wolf, chief economics commentator of the Financial Times. And I'm Paul Krugman, professor at the City University of New York and author of an independent Substack newsletter. And today's episode is being recorded on Monday, June 30th, uh, at 9 in the morning in Massachusetts, where I am now, and 2 p.m. in London. Um, tell us where you've been recently, Paul. Yeah. Um, um, occasio ...

Excited to share that we have joined the @Circle Alliance Program, a global community of teams focused on bringing the world on-chain, powered by USDC!As members, we look forward to collaborating with innovative protocols and institutions that build with USDC to enable an on-chain economy. ...

RT fabda.eth (@fabdarice)It’s as if the stablecoins economy is being powered by Ethereum.With OIF, USDC will be able to flow seamlessly between Ethereum and all Rollups.🤔✍️ ...

China's latest numbers offer hope for the economy, writes @Moss_Eco. But let's take official targets with a dose of salt (via @opinion) https://t.co/pGZgd98DfL ...

Victoria. What happened. Why was Keir Starmer initially unwilling to back his Chancellor of the Exchequer.Well, that is quite a difficult question to answer. But in terms of what happened, you could clearly see in that clip you've just shown a tear trailing down Rachel Reeves cheek. And one reason he may not have been willing to to back in in what he said is he was being asked by the leader of the opposition came in Badenoch if he would back and he may not have wanted to give her the satisfaction of support ...

Gig Economy Overview - The gig economy is driven by necessity, offering opportunities for income generation and pursuing personal dreams [2] - Redefining success beyond the traditional "Ugandan dream" of education, employment, family, and home ownership is crucial [4][5] - The gig economy provides independence and control over work structure, schedule, and business management [10][11] Challenges and Requirements - Thriving in the unstructured gig economy requires ethics, personal discipline, and financial literacy [12][13][14][15][16] - Continuous learning and a growing skill set are essential to adapt to the fast-paced nature of the gig economy [20][21][22] - Individuals must be open to adapting, learning, and seizing opportunities to succeed in the gig economy [28] Economic Landscape in Uganda - Only 1% of the working population in Uganda earns over 1 million Ugandan shillings, highlighting economic disparity [8] - Approximately 49% of the working population in Uganda earns less than 150,000 Ugandan shillings per month, indicating widespread low income [8][9] - The informal nature of the Ugandan economy necessitates strategies for individuals to improve their financial standing [10] Shifting Workplace Trends - The workspace is evolving, with a growing trend of companies hiring freelancers and contractors [28][29] - Shared workspaces are becoming increasingly prevalent, reflecting the adoption of the gig economy across various sectors [30][31] - In the gig economy, personal brand and reputation are critical, as individuals become synonymous with their work [32]

⚡ INSIGHT: The GENIUS act will cement stablecoins as the basis of the global crypto economy. Can Bitcoin reach its full potential if that happens?By @kyletorpey via Cointelegraph Magazine https://t.co/XrsqgwRlxb ...

Fed chair Jay Powell said yesterday that President Trump's tariffs had lifted inflation forecasts and were keeping rates on hold. Joining us now for more on the Fed and the US economy, David Malpass, former World Bank president and now distinguished fellow of international finance and inaugural fellow of global business and infrastructure at Purdue's Business School. David, great to have you with us. Hi Melissa, good to be on. Um, where do you think rates would be had it not been for the tariffs? Would we b ...

The Middle East’s venture ecosystem is facing a unique paradox https://t.co/FTAAF4FkYH ...

Core Insights - Growth stocks are experiencing significant volatility in 2025 due to geopolitical issues, high interest rates, AI developments, and valuation concerns [1] - Despite the focus on the "Magnificent Seven," there are transformative companies reaching key inflection points that present compelling investment opportunities [1] Company Summaries - **Oscar Health (OSCR)**: Achieved 42% revenue growth to $3 billion in Q1 2025, with membership exceeding 2 million and net income rising to $275 million from $177 million year over year [3][4] - **Equinix (EQIX)**: Operates 260 data centers globally, but stock dropped 16% due to lower-than-expected growth guidance of 5% to 9% annual adjusted funds from operations through 2029 [5][6] - **Viking Therapeutics (VKTX)**: Developing a potential obesity drug VK2735, which showed up to 14.7% weight loss in phase 2 trials; the obesity drug market is projected to reach $130 billion by 2030 [7][8] - **BigBear.ai (BBAI)**: Provides AI-powered analytics with a revenue growth of 2% year over year to $158 million in 2024; trading at 10.6 times trailing sales, offering exposure to practical AI applications [9][10] - **Rocket Lab (RKLB)**: Posted 32% revenue growth to $123 million in Q1 2025, with a focus on its Neutron rocket debuting in late 2025 and a $1.45 billion federal contract [11][12] - **Archer Aviation (ACHR)**: Progressing through FAA certification for electric vertical takeoff aircraft, targeting commercial operations in Abu Dhabi by Q4 2025, with a total addressable market for urban air mobility potentially reaching $1 trillion by 2040 [13][14] - **Joby Aviation (JOBY)**: In the final phase of FAA certification, plans to carry passengers in Dubai by late 2025 or early 2026, backed by a $500 million investment from Toyota [15][16] - **Navitas Semiconductor (NVTS)**: Focused on gallium nitride power semiconductors, despite a 40% revenue decline to $14 million in Q1 2025, positioned for growth in AI data centers and EVs [17] - **Intuitive Machines (LUNR)**: First commercial company to land on the moon, with Q1 2025 revenue of $62.5 million and a contracted backlog of $272 million [18][19] - **Palantir (PLTR)**: Experiencing explosive adoption of its AI Platform, with U.S. commercial revenue surging 71% and government revenue stable at $373 million quarterly [20][21] Market Trends - These companies are targeting massive markets, achieving operational inflection points, and trading at reasonable valuations relative to their potential [22] - The focus on these growth stocks may provide compelling risk-reward opportunities for investors looking beyond the more prominent tech names [23]