Wall Street’s geopol bets

Imagine if you were sitting on $15.3 trillion — that's bigger than the GDPs of Germany, Japan, and the UK (combined).
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Imagine if you were sitting on $15.3 trillion — that's bigger than the GDPs of Germany, Japan, and the UK (combined).
Read this story12 August

11 August

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31 July


JAPAN
Tokyo has lodged a complaint after Russia’s Putin paid his first-ever visit to the Kuril Islands, which the Soviets seized after WWII but Japan still partly claims. (DW)Comment: This long-running dispute is part of the reason Japan and the USSR/Russia never signed a formal peace treaty after WWII. But why visit now? Japan’s PM Takaichi just released a new defence white paper warning of growing Sino-Russo-DPRK cooperation, so a quick trip to the increasingly fortified Kurils is an easy poke in Tokyo’s eye.
UNITED STATES
A news outlet and free speech non-profit have sued President Trump over a new service selling preferential access to his social media feed (which often announces major new policies) for up to $100k per month. (Politico)
COLOMBIA
With survivors still getting rescued, the death toll from Monday’s earthquake (the strongest in decades) now stands at 265, with another ~4,000 still potentially missing. (CNN)
ZAMBIA
President Hichilema is still favoured to win re-election today (Thurs) though the fragmented opposition has enjoyed a late surge. He’s pledging more debt restructuring and fiscal stabilisation, while voters vent over familiar cost-of-living issues. (AP)
CHINA
Zhu Rongji, the former premier (technically #2) and hard-charging technocrat who drove China’s historic WTO entry, has died at 97. (Guardian)
SOUTH AFRICA
Official unemployment jumped to a four-year high of 33.6% (!) in Q2, while youth unemployment hit 47.4%! (Bloomberg $)
RUSSIA
Still no response from the Kremlin after a Damascus court sentenced Syria’s exiled Moscow-based dictator Assad to death for his various atrocities in office. (New Arab)
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12 August

11 August

10 August

31 July


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