The writer is managing director at McLarty Associates, non-resident senior fellow at the Atlantic Council and author of ‘Henry Kissinger, l’Européen’  Whoever wins Sunday’s presidential election in France will have to reorient the country’s foreign policy in fundamental ways. This is because two significant and ongoing shifts are in the process of transforming the EU.
0 Comments
Goldman Sachs chief executive David Solomon met billionaire FTX founder Sam Bankman-Fried in March to discuss forging closer ties between the Wall Street bank and the barely three-year-old cryptocurrency exchange valued at $32bn. The meeting, which took place in the Caribbean, according to people familiar with the matter, is the latest sign of the growing
0 Comments
Distinguished Professor Emeritus Huw Price says that “universities should turn their backs on fossil fuel funding” (Opinion, April 12). I admit to being the recipient of such funding — apparently deemed unworthy — for over a decade. The King Abdulaziz City for Science and Technology-Oxford Centre for Petrochemical Research (KOPRC), established in 2010, seeks out
0 Comments
Derek Brower’s Big Read (April 14) correctly details US efforts to increase near-term oil and natural gas supplies to address shortages resulting from Russia’s invasion of Ukraine. But history shows that high prices and security anxieties generally increase US policy efforts to reduce oil consumption. This suggests the Biden administration can use newly urgent energy
0 Comments
Emmanuel Macron, France’s president, has accused his far-right rival Marine Le Pen of being beholden to Vladimir Putin and of risking civil war in France with her plans to curb Islamism. But in a combative television debate four days before the final vote of the presidential election, Macron was unable to land the same kind
0 Comments
Snapchat’s parent company observed a slowdown in advertising growth in response to the war in Ukraine, representing one of several macroeconomic concerns that could weigh on its revenue outlook in the months ahead. Los Angeles-based Snap said that prior to Russia’s invasion of Ukraine on February 24, year-over-year revenue growth in the quarter was 44
0 Comments
Back in January, Bill Ackman’s Pershing Square Holdings sent this letter to investors: Dear Pershing Square Investor, Beginning on Friday and over the last several days, we acquired more than 3.1 million shares of Netflix, making us a top-20 shareholder in the company. The opportunity to acquire Netflix at an attractive valuation emerged when investors
0 Comments
I’ve been thinking a lot about age, and ageing, at work. When I see people decades younger than me in senior corporate positions, I realise that they must have planned and been smart about their goals and ambitions. I didn’t have a career plan in my 20s or 30s — and neither did any of
0 Comments
The head of the IMF has said Ukraine will need $5bn a month for the next three months to plug the hole left by the crippling impact of Russia’s invasion on the country’s finances. Kristalina Georgieva, the fund’s managing director, said the IMF would discuss Ukraine’s financing needs with the country’s partner governments. Georgieva suggested
0 Comments
Michael Pettis is a finance professor at Peking University and a senior associate at the Carnegie China Center. China’s recently released economic data illustrate just how difficult it has been for the authorities in China to implement economic policies to expand sustainable domestic demand. While first-quarter GDP grew nominally by 8.4 per cent year on
0 Comments