finance

It was the SWIFT sanctions that did it. In response to the military operations in Ukraine, the European Commission has disconnected Russia’s major banks from the Society for Worldwide Interbank Financial Telecommunication (SWIFT), which is…

Newcastle United’s takeover in October 2021 by a consortium that would give Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), an 80% stake in the club brought renewed attention to the role of Gulf money in European…

The European Commission has recently chosen to defer the implementation of the Sustainable Finance Disclosure Regulation (SFDR) to January 1, 2023 and to change the EU taxonomy from a list of “sustainable activities” to a list of…

Covid-19 has very been expensive in terms of budgets as well as lives. Rich countries have rightly ramped up their budgetary spending – and budget deficits – to keep their populations afloat and to spur a post-pandemic recovery. They have…

In recent years, Europe’s borders have become a land of strategic opportunities for the Gulf monarchies, especially for the United Arab Emirates and Qatar: investments, commercial routes and ports, security agreements and defense…