BREAKING NEWS The Royal Swedish Academy of Sciences has decided to award the 2026 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to Robert E. Hall and Michael Woodford “for microeconomic foundations of macroeconomic stabilisation.” #NobelPrize

Good Morning from Germany, where public approval of the govt has hit a historic low. Acc to the latest ARD DeutschlandTrend survey, only 14% of respondents view the coalition govt’s performance positively. Since the ARD DeutschlandTrend began tracking govt satisfaction in 1997, numbers have been lower only 4 times: once in June 2010 under the CDU/FDP coalition (12%) and three times in 2003 and 2004 under the red-green govt (11% and 13%). The red-green coalition ultimately ended in 2005 w/early elections, and it seems many Germans are now leaning that way again: 54% support early elections, while 41% would prefer the coalition to continue until the next scheduled election in Sep2025. tagesschau.de/inland/deutsch…