Hints and tips:
...Prosecute fraud, maybe regulate crypto exchanges like casinos, and keep the SEC et al out of it. This is a disagreement about how to cordon off crypto so that when crypto burns, it is controlled....
...All assets may perform badly under stagflation, but we’d rather own Pepsi, Johnson & Johnson, Kimberly-Clark, Bristol-Myers et al than sit and watch our cash lose its earnings power....
...In Washington, the sanctions plans were led by Daleep Singh, a former New York Fed official who is now deputy national security adviser for international economics at the White House, and Wally Adeyemo,...
...Lagarde is president of the European Central Bank Lina Khan Chair, Federal Trade CommissionBY ELIZABETH WARREN For too long, giant companies have thrown their weight around to bulldoze competition, exploit...
...Biden used his first address to a joint session of Congress last month to urge lawmakers to strike a deal on federal legislation by May 25, one year since George Floyd was killed....
....* Of course this begs another question: what happens to SASB, GRI et al? The Big Four leaders are too tactful to comment. But the direction of travel is clear....
...The global community should be looking to rest, adjust or trim the ways things are, on a regular basis otherwise there will be imbalances allowing Trumps et al to garner support to deal with greater accrued...
...The international community is beginning to focus on what a Joe Biden presidency would mean for the world....
...The South Korean tech powerhouse was buoyed further by a decision in December to spin off part of its electric vehicle components business and set up a $1bn joint venture with Canadian group Magna International...
...It is the group’s first meeting since the killing of Abu Bakr al-Baghdadi by US special forces in north-western Syria last month....
...When sages speak Here is a thumping research report from Jonathan Woetzel, Jeongmin Seong et al from the McKinsey Global Institute....
...(FT) Russia’s answer to Uber Russia’s largest bank and one of its biggest internet companies are to launch a $1.5bn joint venture investing in Russia’s fast-growing taxi and food delivery markets....
...Addison Lee, the mini cab company that was bought by Carlyle just months before Uber et al made it on to the scene....
...This was disproved by the trial of US v Zarrab et al, in which a Turkish banker and a gold trader were convicted of laundering Iranian oil and gas revenues....
...More and more Americans, meanwhile, view FB et al etc as the new Big Tobacco....
...A New York state court judge, Barry Ostrager, previously a veteran litigator at Simpson Thacher, put a hold on the shareholder vote over Xerox's combination with its Asian joint venture partner Fuji Xerox...
...The lawyers representing BlackRock et al argue that the retransfer of the bonds was “unlawful”. Only five bonds were moved, out of a total of 52 conceivable candidates....
...(FT, Politico) In the news Bank of England workers to go on strike Workers at the UK’s central bank voted for their first strike action in more than 50 years....
...Zettelmeyer et al looked at this too, and it isn’t much more encouraging: The implied odds of success for Greece are somewhere between 15 and 20 per cent....
...“Writing is a way to live this identity that never expresses itself.”...
...I will discuss the economic effects of protectionism another time. —————————————————————————————————— Footnotes [1] Ricardo Caballero et al have published similar work, and John Cochrane has responded...
...Fiona studied at the University of Chicago, where she obtained a joint BA/MA in political science and international relations....
...Unsurprisingly, Borio et al also find that the impact of a given decline in asset values is related to the amount of debt outstanding before the bust....
...The People’s Bank of China said this week that central banks, sovereign wealth funds and international organizations can invest in the interbank bond market with no quota restriction, but shorter-term investors...
...bond flows identified by Feroli et al (2014)....
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