Is the Cost of Doing Business in Russia a Prison Sentence?

Russia’s billionaires have not picketed Red Square yet, if only because the court decisions in the cases against Navalny are widely believed to be predetermined. Putin made his opinion known during a 5-hour call-in session last week, in comments the trial judges are highly unlikely to have missed: “People who fight against corruption must be absolutely honest themselves, otherwise this turns into mere self-promotion and political campaigning. Everyone must be equal before the law, and no one should have the illusion that if one yells ’Stop thief!’, then he himself is allowed to steal.”  Article

Alexei Navalny

Beware Revenge on Wikipedia and the Web

The Filipacchis of Hachette are not the only target of web editors let off their leashes.  Carmen Reinhart’s prominence in the economic world may well have made her inadvertent Excel error a tempest in a teapot.  Editors of papers like the New York Times have never been free of targeting enemies and ignoring the foibles of friends, but the ubiquitous web is a place, we as editors have to be particularly careful not to let our emotions run away with our keyboards.  Article web revenge

 

What is the Chinese Dream? Enter the Competition!

China has made an extraordinary journey along the road back to greatness. Hundreds of millions have lifted themselves out of poverty, hundreds of millions more have joined the new middle class. It is on the verge of reclaiming what it sees as its rightful position in the world. China’s global influence is expanding and within a decade its economy is expected to overtake America’s. In his first weeks in power, the new head of the ruling Communist Party, Xi Jinping, has evoked that rise with a new slogan which he is using, as belief in Marxism dies, to unite an increasingly diverse nation. He calls his new doctrine the “Chinese dream” evoking its American equivalent. Such slogans matter enormously in China. News bulletins are full of his dream. Schools organise speaking competitions about it. A talent show on television is looking for “The Voice of the Chinese Dream”.  Article

xi

Meet the Most Powerful Woman in European Investment Banking

A woman who already held the accolade of being one of Europe’s most powerful bankers Wednesday secured her seat as the most senior female dealmaker in the region following a promotion at Credit Suisse CSGN.VX +1.51%.

Marisa Drew, London-based co-head of global markets at the Swiss bank, was this morning promoted to co-head of the investment banking division in Europe…article

Marisa Drew

Marisa Drew