Hints and tips:
...Polish central bank chief Adam Glapiński told the FT he was seeking a truce with Prime Minister Donald Tusk after an increasingly bitter feud....
...went through, after a team of libertarian free market economists under Boris Yeltsin put the country through a session of economic “shock therapy” after the fall of communism....
...But the blithe optimism of western leaders still hangs in the air as we witness the disastrous “shock therapy” of an abruptly entirely free market....
...The focus then shifts to the failures of Boris Yeltsin’s post-communist shock-therapy economics and the attendant emergence of a locust-like oligarchy and starving population....
...Share your ideas with us at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...The S&P GSCI index, a broad measure of global commodities prices, rallied 20 per cent to the highest level since 2008, writes Adam Samson....
...The shock therapy that Volcker administered was not monetarism as Friedman envisioned it. The Thatcher government in the UK experimented with monetary targets, but it too soon abandoned them....
...Feel free to email Imani or me at sid.v@ft.com or imani.moise@ft.com. Have a great week!...
...Puzzle 2441 Maxim Rodshtein v Michael Adams, Bundesliga 2016. Black to move and win. The England No1’s raging rooks found the fastest way to end the game. Click here for solution...
...He did, however, become an investor in Ark, following a recommendation from one of its clients: DePasquale’s son, Reverend Adam DePasquale, another of the lead pastors at Walnut Hill....
...Leigh again (with our emphasis): You could take a John Adams and call him David Smith. As long as it’s someone that totally unrelated — it could be someone who’s dead....
...Writing it may even have been a form of self-therapy....
...Adam Peaty tells me he is addicted to the pain. The British swimmer is talking about the intense training required to compete in the Olympics....
...by Wolfgang Schäuble (Opinion, June 3), we believe the social fabric of Europe cannot endure a return to “fiscal as usual” — the failed austerity policies of the past that transformed the 2008 financial shock...
...Appearing via video link from a locked down Madrid, Ms Botin said those estimates were based on a “V-shaped” recession — a sharp shock followed by a rapid recovery, but stressed this was only one possible...
...Yes, the numbers are bigger, but the shock, while not a V is shorter and sharper than that crash, and the pre-crisis fiscal situation was strong....
...How many months before a V-shape recovery starts?”...
...My own feeling is that this will not be a V or even a U-shaped recovery, but a downwardly trending W that has a high risk of turning into a L....
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...Central to the economic plan from the very start was its speed and comprehensiveness: the approach known (and sometimes criticised) as “shock therapy”....
...(v) Restructuring continues. Of course it does. But what about that Tesla, eh?...
...He particularly objected to the economic “shock therapy” introduced by Leszek Balcerowicz, then finance minister. These wrenching reforms turned Poland into a market economy....
...Since Leszek Balcerowicz introduced the epoch-making package of reforms — dubbed “shock therapy” — which began Poland’s journey to capitalism in 1989, the country’s economy has almost trebled in size....
...Rotork has the single largest exposure in our coverage (~50% v 60% in 2014 though)....
...Trump era brings lowest stock market volatility since early 1960sIMF warns volatility products loom as next big market shock...
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