Markets Are Getting Nervous About Italy’s Elections

We are in the quiet period before the Italian elections.  No public opinion polls are published in the last two weeks of an election cycle per Italian law. Consequently, there is a bit of a news lockout on the subject. These are the most important elections in Europe this year – laying aside the possibility … Continue reading Markets Are Getting Nervous About Italy’s Elections

Moscow Begins Crypto-Elections Testing: Thumbs Nose at U.S.

The irony is so thick you'd think it was made from ballistic jelly.  But, that's exactly what's needed to contain this shot across the election-tampering bow the Russians just pulled off. According to Coindesk, the city of Moscow is unveiling an Ethereum-based version of its voting system called Active Citizen.  By putting the votes on … Continue reading Moscow Begins Crypto-Elections Testing: Thumbs Nose at U.S.

Merkel is Forming a Coalition with the Wrong Party

The last time I looked at the miasma of German coalition talks the big takeaway was the mood turning against the Social Democrats (SPD). Today the latest polling confirms that the more Merkel tries to form a coalition with Martin Schultz and the SPD the more support the coalition loses. There have been two polls … Continue reading Merkel is Forming a Coalition with the Wrong Party

Russia-Gate Ends with a Bang, Not a Whimper

With all the column inches spilled over Robert Mueller’s thirteen indictments issued on Friday very few of them have touched on the real revelation. It’s not the obvious case of prosecutorial over-reach.  It isn’t the further subversion of the grand jury process by Federal Prosecutors unmoored from personal bias. It isn’t the admission that no … Continue reading Russia-Gate Ends with a Bang, Not a Whimper

Iran and India: Belt and Road by Another Name

Don’t tell the Iran hawks in D.C., isolating Iran won’t work.  Iranian President Hassan Rouhani met with his Indian counterpart Narendra Modi this week and the two signed a multitude of agreements. The most important of which is India’s leasing of part of the Iranian port of Chabahar on the Gulf of Oman.  This deal … Continue reading Iran and India: Belt and Road by Another Name

Russia’s New Cryptocurrency Law — Translated

This isn't a big long analysis post.  Russia's Duma approved the new cryptocurrency law on January 25th.  It was published by the Ministry of Finance.  You can read it in Russian here.  I put the whole document through Bing Translator this morning for y'all to read. Federal law On digital financial assets Chapter 1. General … Continue reading Russia’s New Cryptocurrency Law — Translated