Italy – Coalition Troubles

The combination of inherently incompatible policies and party platforms is coming to an end. After victory in the EU Parliamentary elections the Northern League appears ready to lead the Center-Right coalition to victory in future elections, if they are held soon. M5S...

EU Elections – Implications

The EU Parliamentary elections largely stuck to the expected script – non-establishment parties gained substantial ground while the establishment groupings saw their support fragment. The increase in turnout to above 50% will be seen as a vote of confidence in the...

Libra – Media Miss the Point?

Journalists from the developed world seem to have missed the point that Libra is designed more for EM markets than the traditional ‘west’. Coverage has focused on the potential for data concerns and regulatory problems – e.g. money laundering. We continue to...

Crypto Gamechanger

Facebook’s White Paper on Libra is a seminal moment which will finally force global regulators to take a formal position on crypto currencies. We believe that Libra provides substantial advantages to the U.S., but it remains to be seen whether Washington views these...

European Parliamentary Elections

The European parliamentary elections are important as they will determine just how far the anti integrationist surge has reached across the block. It will also likely determine the fate of Macron’s (and other pro-integration) reform efforts. The need for change has...

Trump and Markets

The state of the U.S. economy and stock markets have become a major factor in whether Trump is re-elected in 2020. The current administration is focused on delivering a positive backdrop for the campaign – in terms of trade negotiations, looser monetary policy and...