Links: Why Europe’s obsession with sustainable supply chains is hitting Ethiopia, Ecuador’s descent, a positive take on oil prices and Seraphim Space

Further reading for the weekend. Backing a fantastic manifesto from a think tank dedicated to getting Britain moving again. We’re also probably at peak Cash ISA, and what next for South Africa

Programming note – regular service next week with a look at the risks of a recession, plus energy transition funds. Then, I'm off the two weeks after that on business trips or holidays. There’ll be no letters for the weeks commencing 17^th and 24^th June.

Factoids

Demand for gas has radically changed in the last few years. Anyone who doesn’t think that a pr…