China sends finance experts to tackle regions’ debts
China sends finance experts to tackle regions’ debts – https://on.ft.com/47sWZPA via @FT
New York rewrites the rules on sovereign debt restructurings
Important NY law limiting ability of vulture funds to squeeze countries defaulting on their debt. New York rewrites the rules on sovereign debt restructurings – https://on.ft.com/3ORKpmc via @FT
BRICcoin doesn’t stand up
Dollar hegemony is here to stay for now BRICcoin doesn’t stand up – https://on.ft.com/42JqucJ via @FT
How American energy helped Europe best Putin – POLITICO
The war in Ukraine may have forever reshaped energy politics in the region. https://www.politico.com/news/2023/02/23/american-energy-europe-putin-00083750
How London became the dirty money capital of the world | FT Film
Great doc from the Financial Times. “Russian oligarchs and companies have been investing in London for two decades, encouraged by British politicians of all stripes, but critics say the ‘London laundromat’ cleans dirty money from Russia and across the globe. The FT examines why it took Russia’s invasion of Ukraine to put the issue in …
Russia can only afford its war in Ukraine because Britain helped raise the cash
https://www.theguardian.com/commentisfree/2022/apr/08/britain-war-in-ukraine-britain-putin-regime?CMP=Share_AndroidApp_Other
Sanctions are neither new nor guaranteed to work – just look at Cuba
https://www.theguardian.com/business/2022/mar/01/sanctions-are-neither-new-nor-guaranteed-to-be-effective-just-look-at-cuba?CMP=Share_AndroidApp_Other
Credit ratings are punishing poorer countries for investing more in health care during the pandemic
https://theconversation-com.cdn.ampproject.org/c/s/theconversation.com/amp/credit-ratings-are-punishing-poorer-countries-for-investing-more-in-health-care-during-the-pandemic-165298
Crypto crashes
China regulation of crypto crushes the market. And with the Colonial Pipeline attack highlighting the role of crypto in ransonware, further regulatory risk will hang over the market. As a $2T market, crypto can’t be dismissed, but those who think crypto is the best hedge against fiat currencies may have second thoughts. And as I’ve …
Biden proposes global reforms to end ‘profit shifting’ to tax havens
https://www.theguardian.com/business/2021/apr/08/biden-proposes-global-reforms-to-end-profit-shifting-to-tax-havens?CMP=Share_AndroidApp_Other