Finance
Can Private Equity Save U.S. Steel?
It should come as no surprise to anyone who has been paying attention that President Joe Biden issued an order prohibiting the acquisition of Pittsburgh-based U.S. Steel Corporation by Tokyo-based...
Litigation Finance Exposes Our Judicial System to Foreign Exploitation
Now that Congress has come to its senses about a forced divestiture plan to uncouple TikTok from the Chinese Communist Party, we’d be remiss not to explore other examples of...
Can Banks Stop Russia and China from Evading Sanctions?
The twenty-first century ushered in a “new era of financial warfare” as the United States imposed robust financial sanctions on its adversaries. Unlike traditional trade sanctions, these measures focus on...
Rethinking International Financial Infrastructure
As the world looks towards COP28, the imperative to tackle the climate crisis is more pressing than ever before in its history. With pre-COP negotiations bringing to light many differences...
Are Lebanese Banks Today’s BCCI?
Half a century ago, Pakistani financier Agha Hasan Abedi started the Bank of Commerce and Credit International (BCCI), building it into the seventh-largest private bank in the world. In just...
Are More Banking Crises on the Horizon?
A shroud of pessimism has hung over the United States for nearly a decade. Politically, economically, and culturally—and independent of socioeconomic class, gender, race, or geography—a majority of the population...
The Consequences of Limiting Russia’s Role in Anti-Money Laundering Efforts
Russia has always been and remains committed to strict compliance with its obligations in combating criminal proceeds. For twenty years as a member of the Financial Action Task Force (FATF),...
There’s No Such Thing as ‘Smart Sanctions’
In Late December, the U.S. Treasury Department issued new regulatory filings as part of what it billed as a “historic” effort to address the humanitarian cost of sanctions. The core...
What Comes After Crypto Winter?
America’s founders redefined the relationship between man and state with the First Amendment of the Constitution, which prohibits the government from making any law “respecting an establishment of religion.” By...
Will Crypto Replace National Currencies?
The infamous three letters FTX will be removed from the arena that serves as home to the Miami Heat basketball team and as a popular venue for musical events. The...
How Putin Is Pushing Russia Toward De-Dollarization
As Western countries continue to push for Moscow’s ostracization from global financial markets, the Kremlin will test how long its raw materials can serve as a source of profit and...
Crypto Scam? Kim Kardashian Reaches $1 Million SEC Settlement
In a surprising move, the Securities and Exchange Commission (SEC) announced Monday that it had reached a settlement with reality star Kim Kardashian. In 2021, Kardashian touted a cryptocurrency asset...