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Revolut-ionary Man: CEO Nikolay Storonsky Aims to Become Amazon of Finance

Revolut founder and CEO Nikolay Storonsky has an intimate view on the crisis in Ukraine By BRENDAN FILIPOVSKI Nikolay Storonsky, the CEO of Revolut, the UK’s most valuable fintech, was born and raised near Moscow — to a Ukrainian father.

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Biggest Commodity Price Shock in 50 Years is Here

In addition to death and destruction in Ukraine, the Russian invasion brought several significant shocks to the global economy. The geopolitical consequences of the war reinforce the downward trend in trade globalisation and financial integration, with fresh rounds of disruption

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Ursula von der Leyen’s Speech to Davos 2022 In Full

This article is part of the World Economic Forum Annual Meeting European Commission President Ursula von der Leyen addressed Davos 2022 today. She called for unity and interational cooperation in the face of Russia’s invasion of Ukraine and the shocks to

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In the Face of Grim Challenges, Uzbekistan Forges Ahead on Privatisation

Despite a pandemic, a European war involving its closest trading partner and the growing threat of a global recession, Uzbekistan is forging ahead with a privatisation program which, it’s hoped, will power its economy into middle-income status. The challenges couldn’t

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The Fog of War: The Tragic Triumph of Hope Over Experience – The Folly of Great Powers

Wars of conquest seldom end well for the would-be conqueror even if waged against a weaker neighbour. Somehow, those to be subjugated always seem to find unity in a resolve to spoil the plans and designs of the aggressor. Their

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Power Meets Pluck: Paranoid and Haunted, President Putin Sees Nazis Everywhere

In President Vladimir Putin’s book everybody not excitedly cheering his ‘special military operation’ to liberate Ukraine is a Nazi. If the Russian press is believed, the worse of the lot are to be found in Finland and Sweden as those

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Unfriending Europe: President Putin Turns the Screw

This is perhaps not the time to tell the Germans ‘told you so’ as the nation deals with the fallout of the now disproved premises of its unfortunate energy policy. Not only has Germany’s dependency on Russian natural gas turned

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A Bipolar World? Searching in Vain for a Dollar Alternative

The seizure of Russia’s dollar reserves, part of the first wave of sanctions decreed in response to Moscow’s ‘special military operation’ in Ukraine, has a growing legion of pundits wondering if the time has come to look for a new

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A Perfect Storm Perfected: EU Battles String of Calamities

It’s about the only thing missing from a world in turmoil: France going haywire and off the rails. The solid showing of Marine Le Pen at last Sunday’s polls gives plenty of cause for concern. More moderate in her policy

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Sanctions Against Russia Resemble a Boxing Match

The economic sanctions against Russia announced last week by the US and Europe are having a profound impact on the Russian economy — and repercussions at home. As in a boxing match, the expectation is that blows to the opponent

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