Russia, according to Deputy Finance Minister Vladimir Kolychev, is ready to buy back its own domestic debt on the open markets if the US sanctions it or if volatility becomes substantially higher than normal. The idea makes sense if one views foreign bondholders as a source of instability — and that’s how a country like President Vladimir Putin’s Russia should ...

The minute I saw Snap Inc.’s financial statements last year, I couldn’t understand why the company was going public at such a young stage of its development with so short a track record for its corporate strategy. The initial public offering (IPO) for Snapchat’s parent company went well, showing that investors saw Snap as a promising blank state with all ...

Having dominated UK politics for the last two years, you might think that all of the news about Brexit would have led some Brits to change their minds one way or the other. Indeed polls have shown that something like three-quarters of Brits think that their government is handling the UK’s exit from the EU badly. Yet when it comes ...