Saving Silicon Valley Bank UK (POLITICO)
By Annabelle Dickson, Mark Scott, Tom Bristow – March 13, 2023 LONDON — British officials woke up Saturday with a ticking time bomb: find a new home for Silicon Valley Bank’s local operations or face a potential implosion to the United Kingdom’s tech sector. Amid a flurry of late-night WhatsApp messages, intensive lobbying from high-profile […]
In the Blind Spot (Everything that got buried by Silicon Valley Bank news)
Even before the Silicon Valley Bank news dropped, we were on our way to a bumper edition of this week’s Blind Spot Wrap. To make everything a bit more palatable we made this week’s a two-parter. This second part has been compiled by moi, Izabella Kaminska. There’s a strong focus on media stories so I […]
In the Blind Spot (Silicon Valley Hubris)
This edition of The Blind Spot Wrap was interrupted by the collapse of Silicon Valley Bank. It’s now a two-parter, compiled by Izabella Kaminska. We will be back with the full wrap within 24 hours… because this week’s blind spots undoubtedly lie in the news being buried by Silicon Valley events. (And if you found this […]
An idiot’s guide to EU spending rule reform (POLITICO)
By Paola Tamma – Mar 8, 2023 Few issues better illustrate the tensions at the heart of the EU — north vs. south, Commission vs. capitals, rule sticklers vs. rule benders — than the way it polices government spending. Since rules were introduced alongside the single currency in the late 1990s, they have been variously […]
How disgruntled farmers brought the Flemish government to its knees (POLITICO)
By Nicolas Camut – Mar 7, 2023 Last week, thousands of Flemish farmers took to the streets of Brussels to protest plans to reduce nitrogen emissions from agriculture, which they say will put many out of business. A crisis in the Flemish regional government swiftly followed, bringing it to the brink of collapse. How did […]
US Treasury announces digital dollar working group (POLITICO)
by Victoria Guida – March 2, 2023 A top U.S. Treasury official on Wednesday announced the formation of an interagency working group that will explore the possibility of issuing a central bank digital currency. The group will be led by Treasury and include leaders from the Federal Reserve and various policy councils within the White House, […]
WTO doesn’t like EU’s plan to trade tariffs for migrants (POLITICO)
By Camille Gijs – March 1, 2023 The EU could be at risk of breaching global trade rules — if it pushes ahead with a controversial plan to link trade benefits to resettling migrants. That’s the verdict of a former World Trade Organization lawyer, as the European institutions gear up for negotiations Thursday on renewing […]
EU to move ahead on power market reform (POLITICO)
By Victor Jack – Feb 27, 2023 EU countries increasingly agree the bloc must undertake a speedy reform of its power market, although they remain split over how deep the revamp should go. The bloc’s countries have been staking out their positions on the upcoming reform — which among other things is aimed at shielding […]
In the Blind Spot (ETFs, Green nukes, Unified ledger)
This week’s Blind Spot Wrap was compiled by Izabella Kaminska with help from Dario Garcia Giner. Quick housekeeping note: You may have spotted that our house style has been in flux the past few months, moving first from sentence case to title case, then incorporating AP-style, then forgetting to carry it through. From today we’re […]
Eurozone Central Bank Losses Threaten Bloc Cohesion (POLITICO)
POLITICO, (Feb 23) – By Johanna Treeck