White House Watch: Fighters, Haters and Unsung Heroes

There is a basic problem in news coverage of the pandemic, the fact that the virus culture wars are much more interesting than the fight against the virus itself. When President Trump calls an answer from NIH’s Tony Fauci “unacceptable” as he did Wednesday, the president’s fans are cheering how he shows the know-it-alls – […]
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WHW: One Word Said It All – ‘Inevitable’

The testimonies of Dr Tony Fauci, Robert Redfield, Stephan Hahn and Brett Giroir Tuesday seemed to many, perhaps even a lot of investors and traders, like something new when in fact there was not only nothing new, but what was there was way too late. The testimonies, if anything, just demonstrated again it’s not the […]
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White House Watch: Amid the Testing Haze, a Breakthrough

It has been a little more than two weeks since there has been a US Corona Virus Task Force briefing and Monday’s substitute, a presidential briefing, was intended to illustrate vast progress made in making virus testing widely available. The Rose Garden even had added to the background two large banners, proclaiming ‘America Leads the […]
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Hot or Cold War, Or Peace for Our Time?

We all know the big things in our lives that are changing because of the new consciousness of health risks and the sense of shared responsibility we feel for those around us, particularly the seniors, but there are less obvious and more subtle threats we have to deal with these days – like war with […]
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WHW: Happy Ending, Unhappy Ending, or no Ending?

Amid all the bad virus news there are a few nuggets of good news. How much good news could there be when another 2,000 or more Americans are killed by the virus every day? One set of projections see that increasing to 3,000 a day by the end of the month. It’s true that the […]
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OTC Derivatives Data Highlights Impact of Regulation on Turnover

The latest semi-annual survey of OTC derivatives markets by the Bank for International Settlements (BIS) offers another insight into the impact of regulation on market activity. The survey finds that notional amounts of OTC derivatives activity at end-December 2019 was 2.7% higher year-on-year at $559 trillion, however seasonal factors meant that it was down from […]
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ICBC Standard Joins BidFX as LP

ICBC Standard joined BidFX as the newest liquidity provider on the platform. Roger Lee, BidFX’s head of EMEA sales, says: “As the latest BIS survey on FX indicates, currencies of emerging market economies (EMEs) are gaining market share, reaching 25% of overall global turnover. To that extent, it has become increasingly evident that electronic provision of […]
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‘Operation Warp Speed’ and the Contact Tracers

Like everything having to do with Covid-19, the US will likely be way late in having enough contact tracers in place, ready to pounce on every new case of infection to isolate those who spent some time close to anyone tested positive. Listening Thursday to New York Governor Andrew Cuomo and his description of how […]
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R3 Powers Italian Banks’ Blockchain Settlement System

Thirty-two banks in Italy have gone live with one of the first real-world deployments of enterprise blockchain technology in interbank financial markets. The Spunta Banca DLT app for interbank reconciliation has been built by the Italian Banking Association (ABI) on R3’s Corda Enterprise platform. “This heralds one of the most significant real-world digital transformations in […]
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ACI Unveils New Dealing Certificate

ACI – The Financial Markets Association (ACI FMA) has announced an upgraded to its examination suite with the launch of the ACI Dealing Certificate New Version. The new exam will co-exist with the current ACI Dealing Certificate for a minimum period of six months, the association says, before the latter is discontinued. The exam is […]
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