ARCHIVE July2023
Big tech’s dominance is straining the logic of passive investing
“Don’t look for the needle in the haystack. Just buy the haystack!” So wrote Jack Bogle, who founded Vanguard Asset Management in 1975 and brought index investment to a mass market. Subsequent […]
Instant payments finally reach America
America’s financial plumbing is overdue a spot of maintenance. The current payment “rails”—built by a group of the country’s biggest banks to replace paper cheques—are more than half a century old and […]
The dollar’s dip will not become a sustained decline
The ENDLESS queues, filled with American accents, outside Dishoom, a chain of upmarket British curry houses that has gained international fame thanks to TikTok, tell a story which anyone who has recently […]
Former Kosovo intelligence chief sentenced to prison for illegal deportations – JURIST
Kosovo’s former intelligence chief, Driton Gashi, was convicted of “abuse of official post or authority” on Wednesday in consequence of deporting six Turkish people who had permanent residence or temporary permits unlawfully. […]
Industry Divided Over FSB Crypto Approach: ‘Same Activity, Same Risk, Same Regulation’
The inconsistency of cryptocurrency regulations has posed a significant challenge for the digital currency industry. Varying classifications of cryptocurrencies as either currencies or investments across different countries have led to confusion and […]
Striking BC port workers give employers 72-hour notice after Canada Industrial Relations Board declares strike illegal – JURIST
The International Longshore and Warehouse Union (ILWU) gave British Columbia, Canada port employers a 72-hour strike notice on Wednesday, just hours after the federal Labour Minister and Canada Industrial Relations Board (CIRB) declared […]
America’s big banks are in rude health—with one exception
From one perspective, it seems like a torrid time to be a banker. A handful of financial institutions failed in the first quarter of the year after their depositors fled, spooked by […]
US military member in North Korea custody after crossing demilitarized zone – JURIST
The UN Command announced Tuesday that a US citizen on a tour of the Joint Security Area (JSA) of the demilitarized zone (DMZ) between North and South Korea crossed the border into […]
El Salvador microfinancing sting results in arrests of over 100 Colombians – JURIST
The Attorney General of El Salvador announced the culmination of an illegal microfinancing sting that resulted in the arrests of over a hundred Colombian nationals at a press conference Monday. The arrests […]
How much trouble is China’s economy in?
When janet yellen visited Beijing this month she did her bit for the local restaurant trade. America’s treasury secretary dined with her team at an establishment known for Yunnanese dishes, which subsequently […]
Germany expert commission releases report recommending legalization of early-stage abortion and amended laws for later-term pregnancies – JURIST
The Commission on Reproductive Self-Determination and Reproductive Medicine in Germany on Monday submitted a final report recommending the legalization of abortion within the first 12 weeks of pregnancy in the country.The German […]
Australia judge rules in defamation trial that former government adviser raped a colleague in parliament – JURIST
Australia Federal Court Justice Michael Lee found that former government adviser Bruce Lehrmann raped a colleague in a Parliament House office on Monday. The judge dismissed a defamation lawsuit Lehrmann brought against […]
Poland classifies attack on humanitarian aid workers as murder, demands Israeli cooperation in investigation – JURIST
The Polish government on Friday labeled the death of Polish aid worker Damian Soból as murder, following the deaths of seven humanitarian aid workers from the World Central Kitchen (WCK) serving in […]
Amnesty International urges immediate investigation into war crimes in Merawi, Ethiopia – JURIST
Amnesty International asserted Friday that African and global human rights bodies must urgently investigate alleged war crimes committed by the Ethiopian National Defense Forces (ENDF) in the town of Merawi, Amhara region, […]
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