Recent Posts

Putin and Russian voters have enthusiasm problem

According to the Daily Beast’s latest scoop, “a Russian operative” used Facebook to organize an anti-Muslim event in Twin Falls, Idaho, that attracted a grand total of four people. Inside Russia, the Kremlin appears to have a similar inability to stoke crowds. Last Sunday, Russia held the last string of local elections before the 2018 presidential poll. Few people showed ...

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Driving India’s irrepressible bulls

India’s economy is not doing as well as many had hoped. Growth has been slowing for several quarters, and even if there’s a slight recovery in coming quarters, the signs for the medium term aren’t propitious. There appears to be no end in sight to a slow-moving banking crisis. And private investment has crashed, reflecting pessimism at Indian businesses about ...

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How the CFPB should respond to equifax breach

In the worst possible way, the monumental data breach at Equifax—involving the names, addresses and social security numbers of some 143 million people—draws attention to a long-neglected gap in the US system of financial oversight. The Consumer Financial Protection Bureau (CFPB) ought to take the lead in putting this right. The three big US credit reporting companies—Equifax, Experian and TransUnion—have ...

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