05/11/2022

Why Are We Still Looking for Nazi-Looted Art?

This statement of 11 nonbinding principles was designed to support and encourage each country to make the resources available to aid in the identification and registration of Nazi-looted art.

05/11/2022

They Don’t Know What They are doing

What’s even more intriguing is the fact that two members of the committee voted to leave the policy rates unchanged, while three other members were in favour of raising the rates more substantially.

05/09/2022

The End Of History

“Everything that can be invented has been invented.” - Attributed, probably falsely, to Charles Holland Duell, Commissioner of the US Patent Office from 1898 to 1901.

05/09/2022

Market Update 9th May 2022

The Bank of England’s quarter point rise in the UK bank rate was also fully expected. We should though add a little critical commentary on its powers of forecasting.

05/08/2022

Russia hit tops $8bn for European banks

European banks are counting the rising cost of Russia’s invasion of Ukraine as they brace for a wave of defaults and write down the value of their operations in the country.