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[Editor’s note: Our Chief Investment Strategist Tim Staermose is filling in for Simon today from Yangon, Myanmar.] Since so much of Asia is on holiday for the Lunar New Year, I decided to travel to Myanmar to check out how the economy is developing. Myanmar was once the wealthiest economy
Pop quiz: What was the top grossing movie in the world the last time the US tax code was overhauled? The answer is Top Gun. And the year was 1986. (Other major hits that year include Karate Kid II, Crocodile Dundee, and Ferris Bueller’s Day Off) Think about it– this
In 578 AD, a Korean immigrant named Shigemitsu Kongo made his way to Japan at the invitation of the royal family. Buddhism was on the rise in Japan at the time; though it had only been introduced a few decades prior, the Empress consort had been actively encouraging the adoption
[Editor’s note: Tim Price, London-based wealth manager, is filling in for Simon today.] A Shandong 5000 electroglide flatbed currency printing machine named ‘Ted’ has edged ahead in a fiercely competitive fight for the chairmanship of the US Federal Reserve, narrowly in front of its major rival, the Heidelberger Druckmaschinen high
Thirteen years ago my life changed forever. Colin Powell, then US Secretary of State and the most credible person in George W. Bush’s cabinet, made the case for war in Iraq on February 5, 2003. As a young military intelligence officer at the time, watching from a makeshift army base in
It’s news that seems ripped from the pages of The Onion. Or perhaps Atlas Shrugged. But incredibly enough it’s actually true: earlier this week, Congress proposed a new law authorizing the US Postal Service to provide banking and financial services. It’s called the “Providing Opportunities for Savings, Transactions, and Lending”
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