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Peru leader’s call for vote fails to curb chaos

Bloomberg The violent chaos roiling Peru spread after President Dina Boluarte’s call for early elections failed to calm demonstrators protesting against her five-day old government. Crowds blocked highways and massed in city centers in several regions of the Andean nation, and at least four people were killed as security forces tried to reimpose order, according to the Health Ministry. Demonstrations ...

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Estonia diplomat calls for Russia’s ‘total isolation’

Bloomberg Estonia’s top diplomat called for the “complete isolation” of Russia’s financial system and an oil-price cap that would cripple the nation’s energy producers, extending punitive measures to cover the whole economy. Foreign Minister Urmas Reinsalu, who has been among the most outspoken EU officials in calling for the bloc to help Ukraine defend itself against the invasion, said the ...

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Bank of England recommends ‘urgent and robust’ LDI rules

  Bloomberg The Bank of England (BOE) has recommended the UK take swift regulatory action to strengthen the pensions market after recent bond market turmoil exposed shortcomings in its oversight. The central bank’s Financial Policy Committee said the pensions regulator and Financial Conduct Authority (FCA) should work with overseas regulators to ensure liability-driven investment (LDI) funds are more resilient to ...

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