

Russia’s invasion of Ukraine is horrifying. Western leaders, fearing a broader war, are responding primarily with economic sanctions. A prominent economic sanction has been Russia’s exclusion from the international payments messaging system Swift, presented as a...
Swift: ejecting Russia is largely symbolic

Risky business
Climate change and the ESG agenda are changing the way we think about places and their relative attractiveness to real estate occupiers and investors. Gone are the days when property investors could rely on a quick contaminated land survey, a check on the local zoning...
Risky business

Evergrande is dead, long live common prosperity
The fuss around Evergrande seems to be dying down, so now seems as good a time as any to reflect on what happened and try to put it all in perspective. The catalyst for Evergrande’s woes was China’s ‘three red lines’ policy. This is aimed at a forced...
Evergrande is dead, long live common prosperity

Meta
Nick Clegg is doing the same useful job for Mark Zuckerberg as he did for David Cameron’s Tories. In what many saw as a surprise move, Meta has promoted former UK Deputy Prime Minister Nick Clegg to its President of Global Affairs. According to Mark...
Meta

Why China’s aggression in Asia is backfiring
As the dominant superpower since the end of World War II, the United States has played a core role in crafting the geopolitical status quo in Asia. US state-building operations were influential in the creation of liberal democratic regimes in Japan, South Korea and...
Why China’s aggression in Asia is backfiring