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Peter Thal Larsen

@petertl

Global Editor, Reuters Breakingviews. Usual disclaimers apply. Signal: petertl.17 www.breakingviews.com

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Latest posts by Peter Thal Larsen @petertl

Axel Springer CEO Mathias Döpfner says: “Axel Springer was founded in 1946 under a British press licence. He built his company inspired by the tradition of Fleet Street. The Telegraph was his North Star. 

Axel Springer CEO Mathias Döpfner says: “Axel Springer was founded in 1946 under a British press licence. He built his company inspired by the tradition of Fleet Street. The Telegraph was his North Star. 

If you're spending £575 million on a newspaper maybe ask a subeditor to have a quick look at your quote before you publish it in a press release?

06.03.2026 17:46 👍 2 🔁 0 💬 0 📌 0
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Breakingviews - Lloyd Blankfein memoir dispels Goldman's mystique The $260 billion ​bank’s former boss ​has written an unusually ⁠frank account of his ​career. 'Streetwise' explains how ​the Wall Street firm became a global behemoth and navigated ​the 2008 crisis. ​...

For decades, Goldman Sachs hid its inner workings behind a thick veil of discretion. A former CEO telling all in a memoir was unimaginable. Lloyd Blankfein's "Streetwise" lifts the lid on his Wall Street career - and reminds us that Goldman is now a bit more ordinary.
www.reuters.com/commentary/b...

06.03.2026 09:52 👍 4 🔁 1 💬 0 📌 0
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Breakingviews - Lloyd Blankfein memoir dispels Goldman's mystique The $260 billion ​bank’s former boss ​has written an unusually ⁠frank account of his ​career. 'Streetwise' explains how ​the Wall Street firm became a global behemoth and navigated ​the 2008 crisis. ​...

For decades, Goldman Sachs hid its inner workings behind a thick veil of discretion. A former CEO telling all in a memoir was unimaginable. Lloyd Blankfein's "Streetwise" lifts the lid on his Wall Street career - and reminds us that Goldman is now a bit more ordinary.
www.reuters.com/commentary/b...

06.03.2026 09:52 👍 4 🔁 1 💬 0 📌 0

Oh definitely. The same hedgies buy remote plots in New Zealand as apocalypse insurance. But surely the point of being rich is that when the shit hits the fan you don’t have to fly into a war zone to optimise your tax bill?

06.03.2026 07:58 👍 9 🔁 1 💬 1 📌 0
Wealthy Dubai residents race back to UAE to avoid tax bills

Some risk spending too few days in the emirate and too many in the UK

Wealthy Dubai residents race back to UAE to avoid tax bills Some risk spending too few days in the emirate and too many in the UK

Questioning the premise that anyone who feels the need to do this can truly be considered “wealthy”.
www.ft.com/content/80bf...

06.03.2026 07:30 👍 33 🔁 6 💬 6 📌 1
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Exclusive: US investigation points to likely US responsibility in Iran school strike, sources say Military investigators believe it is likely that U.S. forces were responsible for an apparent strike on an Iranian girls' school that killed scores of children on Saturday, two U.S. officials told Reu...

Exclusive: US military investigators believe it is likely that US forces were responsible for an apparent strike on an Iranian girls' school that killed scores of children on February 28 but have not yet reached a final conclusion or completed their investigation reut.rs/40b19JN

06.03.2026 03:10 👍 337 🔁 183 💬 28 📌 37
President Donald Trump’s team has said repeatedly that they want the world to use American AI, and the draft rules aren’t meant to function as an Nvidia export ban. Rather, the regulation would set up the US government as gatekeeper for the AI industry: Companies — and in some cases, their governments — would have to seek the blessing of the US Commerce Department to buy the precious accelerators. How Trump’s team decides to dole out those licenses would then determine whether countries are able to build critical digital infrastructure, technology that many world leaders see as key to economic growth, corporate competitiveness and military sovereignty.

President Donald Trump’s team has said repeatedly that they want the world to use American AI, and the draft rules aren’t meant to function as an Nvidia export ban. Rather, the regulation would set up the US government as gatekeeper for the AI industry: Companies — and in some cases, their governments — would have to seek the blessing of the US Commerce Department to buy the precious accelerators. How Trump’s team decides to dole out those licenses would then determine whether countries are able to build critical digital infrastructure, technology that many world leaders see as key to economic growth, corporate competitiveness and military sovereignty.

Welcome to the high-tech extractive state.
www.bloomberg.com/news/article...

05.03.2026 17:58 👍 2 🔁 2 💬 1 📌 1

New worst episode of The Apprentice just dropped

05.03.2026 17:33 👍 9 🔁 1 💬 1 📌 0
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The war of theocracies

04.03.2026 11:11 👍 27 🔁 14 💬 4 📌 5

lots still unclear

04.03.2026 11:15 👍 0 🔁 0 💬 1 📌 0

Either way, this is not going to help get ships moving through the Strait of Hormuz

04.03.2026 11:01 👍 1 🔁 0 💬 1 📌 0
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Submarine attack on Iranian ship off Sri Lanka leaves at least 101 people missing, sources say It was unclear who attacked the ship, which the sources said has now sunk.

Trying to think of the last time a submarine sank a ship. Maybe 1982 during the Falklands conflict. www.reuters.com/world/asia-p...

04.03.2026 10:50 👍 8 🔁 3 💬 3 📌 1
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Breakingviews - Private credit pioneers see downside of redemption Blackstone reached into its pocket ‌to help its $82 bln loan fund meet investor cash calls. Outflows, if sustained, may force it to ​curb withdrawals or sell assets. The practice ​of packaging hard-to-trade assets into accessible formats ⁠may turn from growth driver into a ​drag.

From Breakingviews - Breakingviews - Private credit pioneers see downside of redemption reut.rs/4b1t43L

03.03.2026 19:01 👍 6 🔁 5 💬 1 📌 0
Video thumbnail

🎧 It’s easy to be glum about Africa as it grapples with US tariffs, cuts to aid, and climate change.

Yet Joe Studwell, author of ‘How Africa Works’, says the conditions for development are in place.

He tells @petertl.bsky.social on The Big View why he’s optimistic.

Full episode 👉 reut.rs/4l2ODW5

03.03.2026 10:52 👍 1 🔁 1 💬 0 📌 0
Preview
Why Africa’s growth prospects may be looking up Podcast Episode · The Big View · 3 March · 35m

🔊New episode of THE BIG VIEW🎧: I talked to Joe Studwell, about his new book "How Africa Works: Success and Failure on the World's Last Developmental Frontier". We discussed how the project started by mistake, the continent's development, and why he's optimistic.
podcasts.apple.com/gb/podcast/w...

03.03.2026 09:26 👍 1 🔁 0 💬 0 📌 0

agreed - the question is what being designated as a supply chain risk to national security does to their customer base - and their investor base.

02.03.2026 18:08 👍 0 🔁 0 💬 1 📌 0

i don't believe they're actually making money at the moment

02.03.2026 18:06 👍 0 🔁 0 💬 1 📌 0
Treasury Secretary Scott Bessent

@SecScottBessent
At the direction of 
@POTUS
, the 
@USTreasury
 is terminating all use of Anthropic products, including the use of its Claude platform, within our department.

The American people deserve confidence that every tool in government serves the public interest, and under President Trump no private company will ever dictate the terms of our national security.

Treasury Secretary Scott Bessent @SecScottBessent At the direction of @POTUS , the @USTreasury is terminating all use of Anthropic products, including the use of its Claude platform, within our department. The American people deserve confidence that every tool in government serves the public interest, and under President Trump no private company will ever dictate the terms of our national security.

How long can a capital-hungry startup like @anthropic.com survive an onslaught from the Trump administration?

02.03.2026 16:16 👍 4 🔁 1 💬 2 📌 0
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The Middle East - famously a geopolitics-free zone.

02.03.2026 15:56 👍 333 🔁 69 💬 11 📌 27
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Pentagon tells Congress no sign that Iran was going to attack US first, sources say Trump administration officials acknowledged in closed-door briefings with congressional staff on Sunday that there was no intelligence suggesting Iran planned to attack U.S. forces first, two people f...

Can't be accused of misleading Congress if you never asked Congress for permission in the first place, right?
www.reuters.com/world/us/pen...

02.03.2026 09:43 👍 22 🔁 8 💬 0 📌 0
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By Striking Its Neighbors, Iran Has Deepened the Gulf’s Resolve to Fight Back Diplomats and analysts say Tehran miscalculated with its attacks on Dubai, Doha and Bahrain.

Interesting piece on the Gulf states' angry reaction to being attacked by Iran. Hardly reassuring for international investors, tax exiles and tourists, though....
www.wsj.com/world/middle...

02.03.2026 08:42 👍 4 🔁 2 💬 1 📌 0
01 Mar 2026 14:50:19 - U.S. SAYS THREE U.S. SERVICE MEMBERS HAVE BEEN KILLED IN ACTION AS PART OF IRAN OPERATION -CENTCOM

Oil jumps 10% on Iran conflict and could spike to $100 a barrel, analysts say

01 Mar 2026 14:50:19 - U.S. SAYS THREE U.S. SERVICE MEMBERS HAVE BEEN KILLED IN ACTION AS PART OF IRAN OPERATION -CENTCOM Oil jumps 10% on Iran conflict and could spike to $100 a barrel, analysts say

Two consecutive @Reuters headlines just now. How long before Donald Trump has to change course?

01.03.2026 15:14 👍 8 🔁 5 💬 2 📌 1
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Breakingviews - Trump’s new Iran attack opens up big global risks Fresh US and Israeli strikes attempted to remove Tehran’s leaders, rather than force a nuclear deal. Yet the president’s hope that Iranians will finish the job could backfire. The danger is retaliation and turmoil in the Gulf, and oil-fuelled inflation spikes further afield.

From Breakingviews - Breakingviews - Trump’s new Iran attack opens up big global risks reut.rs/4r6IKbL

28.02.2026 16:35 👍 20 🔁 17 💬 3 📌 1
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Exclusive: Prior to Iran attacks, CIA assessed Khamenei would be replaced by hardline IRGC elements if killed, sources say In the run-up to the U.S. and Israeli attacks on Saturday, the U.S. Central Intelligence Agency assessed that even if Iran's Supreme Leader Ayatollah Ali Khamenei was killed in the operation, he would likely be replaced by hardline figures from the Islamic Revolutionary Guard Corps (IRGC), two sources briefed on the intelligence said.

Exclusive: Prior to Iran attacks, CIA assessed Khamenei would be replaced by hardline IRGC elements if killed, sources say reut.rs/4l9SCAs

28.02.2026 16:05 👍 1639 🔁 882 💬 68 📌 268
Get Your War On cartoon

Get Your War On cartoon

Having flashbacks to the last time

28.02.2026 16:01 👍 12 🔁 6 💬 0 📌 0

In subscribers' inboxes now

28.02.2026 11:16 👍 0 🔁 0 💬 0 📌 0

Thinking of the expat I spoke to the other day who told me he had moved from London to Dubai "to feel safe".

28.02.2026 10:38 👍 134 🔁 14 💬 19 📌 4
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Live: Israel and US launch strikes on Iran as Trump confirms 'major combat operations' Israel said it launched a pre-emptive attack against Iran, pushing the Middle East into a renewed military confrontation and further dimming hopes for a diplomatic solution to Tehran's long-running nu...

Follow all the @reuters.com coverage here: www.reuters.com/world/iran-c...

28.02.2026 08:46 👍 2 🔁 1 💬 0 📌 0
Trump says US carrying out 'major combat operations' in Iran
an hour ago

We have now hear from U.S. President Donald Trump. In a video posted on social media, he said:

"A short time ago the U.S. military began major combat operations in Iran."
"Our objective is to defend the American people by eliminating imminent threats from the Iranian regime."
Iran "can never have a nuclear weapon."
"We sought repeatedly to make a deal."
Iran "attempted to rebuild their nuclear programme."
Iran is developing long range missiles that threaten the U.S. and others."
"We are going to destroy their missiles and raze their missile industry to the ground."
"We’re going to annihilate their navy."
"We will ensure that Iran does not obtain a nuclear weapon."

Trump says US carrying out 'major combat operations' in Iran an hour ago We have now hear from U.S. President Donald Trump. In a video posted on social media, he said: "A short time ago the U.S. military began major combat operations in Iran." "Our objective is to defend the American people by eliminating imminent threats from the Iranian regime." Iran "can never have a nuclear weapon." "We sought repeatedly to make a deal." Iran "attempted to rebuild their nuclear programme." Iran is developing long range missiles that threaten the U.S. and others." "We are going to destroy their missiles and raze their missile industry to the ground." "We’re going to annihilate their navy." "We will ensure that Iran does not obtain a nuclear weapon."

I must have missed the bit where Congress authorised this

28.02.2026 08:44 👍 563 🔁 131 💬 48 📌 7

I spent yesterday afternoon teaching my students about the Trump AI strategy that Dean largely wrote, with additional material from his substack. This is a remarkable statement for him to make.

28.02.2026 01:59 👍 277 🔁 75 💬 3 📌 0