Anastasia Nesvetailova

Run ragged. UK faces Brexit headwinds. davidgsteadman/Flickr

Brexit impact will be worse than the 2008 crash

George Osborne has sought to reassure markets, but the referendum result has sparked a chain of painful events at a time when Britain has no means to protect itself.
The first casualty of the Russian rouble crisis. Hint: it’s not Bruce Willis. www.trustbank.ru

Bank bailouts begin as Russia faces biggest challenge to date

The dramatic slide in the value of the rouble has claimed its first banking casualty. Trust Bank is being bailed out by the Russian Central Bank to the tune of US$530m. The emergency liquidity line is…
No more Spanish strawberries? Excellent news for this lady. Sparkle Glowplug

Why farmers in Belarus will profit under Putin’s sanctions

Increasingly the saga of East-West economic relations is developing independently of the actual conflict in Ukraine and the surrounding region, leading to various unexpected outcomes. Take Russia’s own…
Chipping away. Kin Cheung/AP

The house always wins: why banks beat regulators

“It takes me about two hours to assemble a team of financial geeks and lawyers to devise a product or a transaction that would bypass any regulation coming our way,” a senior French banker said to me in…

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