Hoo boy. Russia looks to be using much demonized (by labor and environmental rights advocates) investor-state dispute settlement provisions to pursue Euroclear.
Recent Items
Friday, December 12, 2025
Russian Central Bank Sues Euroclear Over Frozen Assets; Will the EU Be Hoist on the Investor-State Settlement Disputes (ISDS) Petard?
Topics: Europe, Free markets and their discontents, Globalization, Investment management, Legal, Politics, Russia, TPP
Posted by Yves Smith at 9:35 am | 9 Comments »
Links 12/12/2025
Topics: Links
Posted by Conor Gallagher at 6:55 am | 36 Comments »
The Empire of Lies Is Once Again Sowing Chaos In Its Own “Back Yard”
This is unlikely to end well for all parties concerned, including the US.
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 8 Comments »
Jeffrey Sachs: Trump’s Empire of Hubris and Thuggery
Trump’s latest National Security Strategy memorandum treats the freedom to coerce others as the essence of US sovereignty.
Topics: Banana republic, China, Doomsday scenarios, Europe, Globalization, Guest Post, Politics, Russia
Posted by Yves Smith at 2:15 am | 19 Comments »
AI’s Errors May Be Impossible to Eliminate – What That Means for Its Use in Health Care
Even with concerns about using AI in medicine, proponents contend doctors can properly oversee its use. Is that realistic?
Topics: Dubious statistics, Guest Post, Health care, Technology and innovation
Posted by Yves Smith at 1:11 am | 18 Comments »
Doha Forum in Qatar: Another Node on the Grid of the Machine
Doha Forum in Qatar reveals how today’s global debates feed the larger machine of growth and power, with little space for divergent thinking
Topics: Coffee Break, Environment, Middle East, Social values
Posted by Curro Jimenez at 2:00 pm | 9 Comments »
Israel Is Acting with Impunity. Is It Overconfident in Trump’s Support?
More Americans support Palestine than Israel for the first time ever. But does that matter to Trump?
Topics: Doomsday scenarios, Guest Post, Media watch, Middle East, Politics
Posted by Yves Smith at 9:55 am | 24 Comments »
Links 12/11/2025
Topics: Links
Posted by Conor Gallagher at 6:55 am | 65 Comments »
Trump Administration Joins EU in Russian Frozen Asset Madness
I want whatever Team Trump is smoking. Their Russian frozen assets plan has achieved impressive new levels of delusion.
Topics: Economic fundamentals, Europe, Infrastructure, Investment management, Legal, Politics, Russia
Posted by Yves Smith at 6:52 am | 51 Comments »
U.S. Seizes Oil Tanker Off Venezuelan Coast
Some updates on the US capture of an oil tanker that had just departed from Venezuela.
Topics: Dubious statistics, Energy markets, Guest Post, Politics
Posted by Yves Smith at 1:26 am | 39 Comments »
Economic Questions: James Tobin’s Transaction Tax
A Tobin tax is a no-brainer for reducing speculation and financial crisis risk. That is reason enough to keep it from being implemented.
Topics: Currencies, Doomsday scenarios, Free markets and their discontents, Guest Post, Investment management, Market inefficiencies, Politics, Risk and risk management, Taxes, The dismal science
Posted by Yves Smith at 12:25 am | 8 Comments »
The U.S. Is Betting the Economy on ‘Scaling’ AI: Where Is the Intelligence When One Needs It?
A detailed discussion of how AI data-center investment boom is soking a societally and financially costly bubble
Topics: Credit markets, Doomsday scenarios, Dubious statistics, Economic fundamentals, Energy markets, Guest Post, Infrastructure, Investment outlook, Politics, Ridiculously obvious scams, Technology and innovation, The dismal science
Posted by Yves Smith at 12:01 am | 24 Comments »
Coffee Break: GOP Lures Jasmine Crockett Into US Senate Primary
The GOP has succeeded in luring U.S. Representative Jasmine Crockett into entering the Democratic primary for U.S. Senate. Time will tell if they regret getting their wish, but progressives should be under no illusion about her politics.
Topics: Coffee Break
Posted by Nat Wilson Turner at 2:00 pm | 24 Comments »
Wordle, the Wisdom of Crowds, and Bubbles
What Wordle play says about markets and bubbles.
Topics: Guest Post, Investment management, Market inefficiencies, The dismal science
Posted by Yves Smith at 9:55 am | 10 Comments »
Links 12/10/2025
Topics: Links
Posted by Conor Gallagher at 6:55 am | 118 Comments »



