- Ivan Krastev in Foreign Affairs looks at why Putin threw caution to the wind: “to bring about a constitutional crisis that will remake Ukraine into a confederate state with a very weak centre”.
- Neil Buckley critiques Putin’s classic performance as he broke his silence on Ukraine.
- Money flows from power in China: the richest members of China’s parliament saw their average wealth increase more than four times over the past eight years, compared with an increase of under three times for the 1,000 wealthiest people identified in the country. Those who wanted to leave the country however, were less lucky – a group of wealthy Chinese are threatening to sue over Ottawa’s abrupt cancellation of its Immigrant Investor Scheme.
- “Mandarinisation” is making people in Hong Kong indignant.
- As the European Central Bank prepares to conduct stress tests and asset quality reviews of hundreds of banks across the eurozone, there is particular worry among some European regulators about Italy’s banks.
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