The combination of ongoing economic consequences of the pandemic not only followed, but was massively amplified by Russia’s unprovoked war on Ukraine, has led to a simultaneous global cyclical economic downturn. The underlying forces are dislocations as well as structural process adjustments in politics, security,...
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MEDZnMORE, a Pakistani health-tech startup, has raised $11.5 million in a pre-Series A round, the largest investment in health-tech to date. After raising $2.6 million in September 2020, the total funding raised since inception has surpassed $14 million. According to MAGNiTT, MEDZnMORE plans to use the...
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The World Economy Redefined - War, Inflation and Markets in Upheaval Times are truly transformative with fundamental and major dislocations in politics, security, economics, businesses and capital markets. Sovereign Ukraine remains under unprovoked military attack and suffers horrendous atrocities and war crimes from revanchist Russia. A new world...
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We live through truly transformative times with fundamental and major dislocations in politics, economics and capital markets. Independent and democratic Ukraine is under unprovoked military attack and suffering horrendous atrocities from totalitarian and revanchist Russia. This war, however, has global implications. Under attack are also...
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Russia’s Putin launched an unprovoked military invasion into the Ukraine on February 24th 2022. Up to that point Putin had three strategic options to deal with the self-inflicted situation in the Ukraine: to de-escalate, to muddle-through or to attack. I had assigned a low probability to...
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The Russian President threatening the Ukraine, offers highly uncertain rewards yet a potentially lethal downside for him and his inner circle. Russia is getting ahead of itself apparently emboldened by the illegal and only modestly sanctioned seizure of Crimea. The blame, however, lies by no...
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We are pleased to announce that one of our investments, NerdWallet, the personal finance website founded in 2009, went public this month. The company recorded $182 million in revenue in the first six months of 2021, representing YoY growth of 32%. NerdWallet generated $5...
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GLOBAL ECONOMY New Monetary tightening cycle at hand The Federal Reserve finally got off the fence and announced plans for a new monetary tightening cycle to start later this year with a phased reduction in its bond buying programme (tapering of QE) to be completed by mid...
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GLOBAL ECONOMY Taper whimper The much anticipated Fed speech at the Central Bankers’ annual convention in Jackson Hole (held remotely on Friday 27th August) provided little new insight into the Fed’s plans for monetary tightening. On the contrary, Powell confirmed that tapering of the QE would probably...
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GLOBAL ECONOMY The China Investment Conundrum As will be apparent to all readers, China has started to flex its political and economic muscles in a significant way over the past few years based on its perceived and real economic strength. As of December 2020, China’s GDP was calculated...
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