Recent Posts

China Needs To Pop Its Property Bubble

The financial woes of the giant real estate developer Evergrande, which carries an estimated debt of $300 billion, have rekindled global fears that China’s property bubble is about to burst. Such predictions have occurred repeatedly in the past, in particular since 2010, and have been fueled by the rapid rise …

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The Russian Oligarchs’ Billions Frozen In Swiss Banks

The Swiss National Bank puts the current value of Russian assets in Switzerland at around CHF10 billion ($11 billion). But the Neue Zürcher Zeitung newspaper believes that the true figure, including the assets of five oligarchs targeted by the sanctions (who have not been named), could amount to as much …

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International Unity Needed To Prevent A Divided Libya – Analysis

Libya is at a perilous crossroads – again. On 1 March, the country’s Tobruk-based parliament, the House of Representatives, voted to endorse a new interim government headed by former Interior Minister Fathi Bashagha, giving it the greenlight to take over from the sitting prime minister, Abdulhamid Dabaiba. The vote’s proponents …

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