Where finance and media interesect with reality.

Britain’s art-loving elite fumes at money laundering crackdown (POLITICO)

By Eleanor Myers · Oct 23, 2024 LONDON — At London’s annual Frieze art fair, attendees trickle into a fake sauna. Inside, a screen shows a person dressed as a pink alien in fuchsia lingerie, gyrating in an abandoned swimming pool. Thumping techno accompanies the spectacle. An employee speaks over the deep bass to lament […]

Digital euro sparks sovereignty battle between EU governments and ECB (POLITICO)

By Giovanna Faggionato, Ben Munster · Oct 24, 2024, BRUSSELS — A battle is brewing between Europe’s most powerful nations and the European Central Bank (ECB) over control of a new monetary tool that both sides fear could destabilize the continent’s banking system if mismanaged. At the heart of the conflict lies the digital euro […]