Yahoo News Article:- 'It's not just a trade war': Ray Dalio on why China's rise means big headaches for US, the world Julia La Roche·Correspondent Link China’s growing global clout poses “enormous implications” for the entire world, according to billionaire investor Ray Dalio, who sees the United States hobbled by soaring debt, populism and … Continue reading Ray Dalio:- “On a Changing World”
Economy
Adam Nossiter – New York Times – “As Emmanuel Macron’s Impact Grows, So Does French Disdain”
Adam Nossiter Books France and the Nazis: Memories, Lies and the Second World War Profile This book acts as an investigation into the legacy of France's years of occupation. As a child in the 1960s, Adam Nossiter grew up in a France that was desperate to believe in its innocence in World War II. Collaboration … Continue reading Adam Nossiter – New York Times – “As Emmanuel Macron’s Impact Grows, So Does French Disdain”
Financial Times ( FT ) :- Swift shows impact of Iran dispute on international business
Link The Europe-US-Iran issue is existential for Swift as a global network These could include asset freezes and US travel bans for the individuals, and restrictions on banks’ ability to do business in the US. Swift’s very survival as a worldwide system for facilitating cross-border payments depends on it resisting such attempts to “weaponise” it … Continue reading Financial Times ( FT ) :- Swift shows impact of Iran dispute on international business
Who is holding T-Bills
Backdrop Let us use "Mihir Sharma's Isolating Saudi Arabia Will Be Harder Than It Looks" poem as our backdrop. At the same time, however, it’s risky to keep cutting bits out of the global financial system and expecting it to survive. Russian sanctions strained it. Iranian sanctions might break the SWIFT system unless Europe and … Continue reading Who is holding T-Bills
NY Times – LANDON THOMAS Jr. – Greek Crisis, the Book. Or Actually Several of Them
Background Back in early August 2016, I read an article in the New York Times Business section. It spoke about the many books that are out that renders a voice to the various participants in the Greek bailouts. Yesterday, I ran into a lady who was on her away to visit Greece. And, somehow coincidentally … Continue reading NY Times – LANDON THOMAS Jr. – Greek Crisis, the Book. Or Actually Several of Them
