Brazil – the fate of the rainforests at tipping point

Brazil appears to be in a state of paralysis with weaker post-virus growth than elsewhere, high unemployment and high inflation. All of which will deal a blow to Jair Bolsonaro’s campaign for re-election later this year. Deforestation of the Amazon rainforest in Brazil has surged to its highest level since 2008, and has suffered losses … Read more

BBC – reeling from a political sideswipe ++ Rupert Murdoch

The BBC has become collateral damage in the government’s deflect-and-distract desperation to direct attention away from ‘partygate’ with a two-year licence freeze and a bombshell about removing funding altogether by the charter renewal in 2027.  The latter is being rowed back since it would depend on every household having access to high-speed broadband for alternative … Read more

Credit Suisse – lurching from one crisis to the next

Credit Suisse proudly proclaims itself as the ‘World’s Best Bank Winner 2020’ as yet another top brass, chairman Antonio Horta-Osorio, is tossed overboard and that is only the latest in a long line of scandals. The recent history of the bank on wiki reads like a Gordon Gekko script, running back through Greensill, Malaysian IMDB, … Read more

Norway & Sweden – catching an icy wind from Russia

A northern cold war is hotting up with Russia ratcheting up “hybrid” operations of cyberattacks and signal-jamming in Norway affecting military, government and commercial operations. The fear is that conflict in Ukraine could spill over to the north.   Sweden has sent hundreds of extra troops to the Baltic island of Gotland after Russia deployed … Read more