Recent Posts

Is China really, finally deleveraging?

There’s growing evidence that China is finally scaling back its epic borrowing binge. That’s important for a lot of reasons, not least for reducing risk and avoiding a financial crisis. The question is whether the government can sustain the pain. Regulators in Beijing are well aware of the risks that excessive leverage poses, and have tried many times over the ...

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Please stop talking about Russia, Mr President

Since President Donald Trump fired FBI Director James Comey on Tuesday, the White House has offered an evolving series of rationales for the decision. Trump himself offered a new one on Thursday — several, actually — but he didn’t exactly clarify things. In an interview with NBC News, after making the implausible claim that the Federal Bureau of Investigation had ...

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Electronics ban disparity must be addressed

The US banned in March laptop and tablets in cabin baggage on flights originating from eight countries, impacting global hubs including Dubai, Abu Dhabi and Istanbul. It applied also to any electronics devices larger than smartphones. The action affected major carriers such as Emirates, Qatar Airways and Turkish Airlines. The measure includes 10 international airports in seven Middle Eastern countries ...

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