Articles in English

STANFORD – Mario Draghi, the European Central Bank’s former president, has been asked to form a government of national unity in Italy at a pivotal moment. Coming so soon after Joe Biden’s arrival in the White House, and with the impending retirement of German Chancellor Angela Merkel, a Draghi premiership means that French President Emmanuel Macron will no longer cut such a forlorn figure in Europe when standing up for the West and democratic values

05 февраля 2021 5 мин. 6452

Jack Ma’s Ant Group Reaches Deal With Chinese Regulators On Restructuring Plan: Bloomberg Report

Ant Group has agreed on a restructuring plan with China’s regulators that will turn the fintech giant into a financial holding company subject to capital requirements similar to those for banks, Bloomberg News reported

04 февраля 2021 4 мин. 6227

Biden Goes Big

NEW YORK – US President Joe Biden has proposed a $1.9 trillion rescue plan to help the American economy recover from the pandemic. Many Republicans oppose it, suddenly consumed with the fiscal religion they unceremoniously abandon whenever their party controls the White House. The massive tax cuts the GOP bestowed on billionaires and corporations in 2017 resulted in the highest US fiscal deficits on record, outside of a deep recession or war. But the promised investment and growth never materialized

03 февраля 2021 4 мин. 5263

Corporate Governance after GameStop

NEW YORK – Last week, a social-media-fueled populist rebellion gripped capital markets. Retail investors purchased huge amounts of stock in struggling companies like GameStop, AMC, and BlackBerry (among others). They wanted to make a buck. But, even more than that, they wanted to punish the financial elites, like hedge funds, that had been betting on the companies’ decline

02 февраля 2021 6 мин. 5289

The US and China Must Cooperate in Space

WASHINGTON, DC – America and China should cooperate in space. Although the United States can no longer take its extraterrestrial dominance for granted, it remains the leading player, while China’s space capabilities are growing fast. Most important, both countries, along with the rest of the world, would benefit from a set of clear rules governing the exploration and commercialization of space

01 февраля 2021 5 мин. 6286

What’s The Endgame For GameStop?

A market frenzy has pushed the shares of the Grapevine, Texas-based video game retailer up more than 3,000% in just a few months—far, far outsripping the market as a whole. A once-dormant brick-and-mortar retailer with sagging sales, GameStop was worth $300 million in August 2019. Today it has a market cap of almost $20 billion. Nobody knows what it’ll be worth tomorrow

29 января 2021 6 мин. 5618

Does Pandemic Debt Relief Work?

WASHINGTON, DC – The COVID-19 pandemic has spread globally and will not be over until it has been brought under control everywhere. Hence, international efforts are underway to support the world’s poorest countries. COVAX, a multilateral initiative organized by the World Health Organization and Gavi, the Vaccine Alliance, is arranging purchases of vaccines to be distributed equitably to developing countries