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Last updated: May. 21, 04:14 Page 2 of 11
Prime Minister Viktor Orban has resisted a proposed E.U. embargo of Russian oil, saying it would devastate his country’s economy, but it would also cut off a source of funds for his political allies.
By Andrew Higgins and Benjamin Novak
The New York Times,  May. 20, 2022    E-mail this to a Friend
Au début du 20e siècle, les États-Unis occupent Haïti. Derrière cette invasion, des banquiers américains avides de mettre la main sur les finances du pays.
By Selam Gebrekidan, Matt Apuzzo, Catherine Porter and Constant Méheut
The New York Times,  May. 20, 2022    E-mail this to a Friend
À la fin du 19e siècle, le Crédit Industriel et Commercial a soutiré des millions à Haïti. Le Times a retracé l’histoire de cette opération — et son coût pour Haïti.
By Matt Apuzzo, Constant Méheut, Selam Gebrekidan and Catherine Porter
The New York Times,  May. 20, 2022    E-mail this to a Friend
U.S. companies primarily deliver their goods and services to foreign customers via investment and affiliate sales, not through exports. That business is still strong, writes Joseph Quinlan.
By Joseph Quinlan, CIO market strategy in the Chief Investment Office for Merrill and Bank of America Private Bank
Barron`s,  May. 20, 2022    E-mail this to a Friend
Stuart Kirk also claimed central banks designed climate stress tests to obtain alarming results
By FT
Financial Times,  May. 20, 2022    E-mail this to a Friend
The euro hasn’t fallen below the one-to-one exchange rate with the U.S. dollar for two decades. But as economic risks grow, more analysts predict deeper lows for the shared currency.
By Eshe Nelson
The New York Times,  May. 21, 2022    E-mail this to a Friend
The long occupation of Haiti began with a drumbeat from the bank that became Citigroup, decades of diplomatic correspondence and other records show.
By Selam Gebrekidan, Matt Apuzzo, Catherine Porter and Constant Méheut
The New York Times,  May. 20, 2022    E-mail this to a Friend
Stephanie Pomboy, who heads the MacroMavens institutional economic advisory, says that both Wall Street and the Federal Reserve have woefully underestimated stimulus policies’ role in the current recovery. After Uncle Sam injected approximately $10 trillion in fiscal and monetary largess into the U.S. economy, nominal gross domestic product increased by about $2.3 trillion, a pathetic bang for the buck. Household net worth ballooned by $34 trillion, however, which compares with the $24 trillion U.S. economy. In effect, U.S. consumers were handed roughly two full years of income, via the increased value of their houses and of their 401(k) accounts and other securities holdings. Now the movie is on rewind.
By Randall W. Forsyth
Barron`s,  May. 21, 2022    E-mail this to a Friend
Globalization 2.0 means higher costs and tighter margins. A dozen ways to capitalize on the upheaval.
By Reshma Kapadia
Barron`s,  May. 21, 2022    E-mail this to a Friend
Central bank is unsure how high interest rates will need to increase to curb price rises
By Chris Giles in London
Financial Times,  May. 20, 2022    E-mail this to a Friend
Investors are reassessing the premise that justified Tesla’s astronomical stock price and made its founder, Elon Musk, the richest person in the world. Tesla’s shares have declined more than 40 percent since April 4 — a much steeper fall than the broad market, vaporizing more than $400 billion in stock market value.
By Jack Ewing
The New York Times,  May. 21, 2022    E-mail this to a Friend
It helped finance the Eiffel Tower as it drained millions from Haiti. The bank, C.I.C., won’t talk about it, but The Times tracked how much its investors made — and what Haiti lost.
By Matt Apuzzo, Constant Méheut, Selam Gebrekidan and Catherine Porter
The New York Times,  May. 20, 2022    E-mail this to a Friend
“The market is so overbought right now,” says Jim Roemer, agricultural expert and author of the Weather Wealth newsletter. “The market squeeze should begin to end in June or July.”
By Simon Constable
Barron`s,  May. 20, 2022    E-mail this to a Friend
Economy and interior ministers retained in cabinet headed by Élisabeth Borne
By FT
Financial Times,  May. 20, 2022    E-mail this to a Friend
Former spy Matthias Warnig also quits board of oil giant after controversy in Germany
By FT
Financial Times,  May. 20, 2022    E-mail this to a Friend
Last updated: May. 21, 04:14 Page 2 of 11