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Italian Bonds Upcoming Crisis – May 2022
Italian bonds are headed towards trouble. A possible ending of bond-buying and higher interest rates by the European Central Bank has brought fresh light into Italy’s government debt. Low employment rate, stagnant productivity, lack of investment in education and technology, an extensive bureaucracy and a north-south divide have affected Italy’s ability to reform in pastContinue reading “Italian Bonds Upcoming Crisis – May 2022”
Hounds – May 2022
Redemption lies beneath the sunsetTied to a dog’s tailUnable to reachUnable to floatShoebox of tricksDraining the colour out of my eyes and faceShuffled cards under my thumbTable colder than a look in the mirrorOne small wishTo have hounds instead of numbersAnother opportunity to lose more than I’d bet Pills and inverse pillsA battle between emptyContinue reading “Hounds – May 2022”
Russian Foreign Debt Default Possible by May 4 2022
Al-Jazeera says that Russia and Russian companies owe about $150bn in foreign-currency debt. According to Globe and Mail, Russia has until May fourth to fix its payment method on foreign bonds otherwise Moodys might consider it a default. Russian bonds are traded at a deep discount, some offering returns of over 100% in 18 months.Continue reading “Russian Foreign Debt Default Possible by May 4 2022”
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Devlin Demontigny 