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Lionel Laurent

Opinion Columnist

Bloomberg

Fighter jet fury makes Emmanuel Macron's planes look good

WORLD

Fighter jet fury makes Emmanuel Macron's planes look good

When a $100 million fighter jet looks like a geopolitical clunker, it’s time for change

Crypto prediction markets like Polymarket have a cloudy future

BUSINESS

Crypto prediction markets like Polymarket have a cloudy future

Platforms like Polymarket had a good election, but the hype is overdone

France collects more tax than anyone else. It still isn't enough

BUSINESS

France collects more tax than anyone else. It still isn't enough

Michel Barnier’s deficit challenge makes negotiating with Boris Johnson look easy

Who will lead France out of this mess? Nobody

WORLD

Who will lead France out of this mess? Nobody

The nation needs a little more Erasmus and a lot less Machiavelli after elections that produced no majority

French Election: Emmanuel Macron the Gambler wins a chance to play kingmaker

WORLD

French Election: Emmanuel Macron the Gambler wins a chance to play kingmaker

French voters’ “non” to Le Pen sets up a duel for a new coalition

French Election: Macron has one last risky dice roll to keep Le Pen out

WORLD

French Election: Macron has one last risky dice roll to keep Le Pen out

A shaky coalition is emerging to block France’s far right from power. But it brings its own risks

Mapping Marine Le Pen’s route to an absolute majority in France

BUSINESS

Mapping Marine Le Pen’s route to an absolute majority in France

The National Rally party is winning voters from across the political spectrum ahead of the French election

French Election: Business leaders’ silence on Le Pen is deafening

POLITICS

French Election: Business leaders’ silence on Le Pen is deafening

It's time for the business establishment to speak out on the consequences of a far-right election victory

Emmanuel Macron wants more European megafirms. Good luck with that

BUSINESS

Emmanuel Macron wants more European megafirms. Good luck with that

National resistance to cross-border champions is worth fighting, but the odds of victory are long

Sam Bankman-Fried's incarceration is a warning to crypto

BUSINESS

Sam Bankman-Fried's incarceration is a warning to crypto

Sending the one time wunderkind to jail for 25 years and stripping him of $11 billion should act as powerful deterrent in a business still badly in need of cleaning up

Germany is Europe’s sick man, but others are coughing

BUSINESS

Germany is Europe’s sick man, but others are coughing

Berlin’s woes are well-known, but Italy’s fading growth points to the bloc’s long road to economic health. What might a better road to recovery look like? One is for Italy — and Europe — to make a success of pandemic recovery funds designed to heal the scars of Covid and invest in the future

Dutch chip titan ASML is proving too big for its home country

BUSINESS

Dutch chip titan ASML is proving too big for its home country

Societies and companies riding the AI boom should watch this ASML fight closely. There’s a need to find a healthy path between the extremes of killing the goose that lays the golden egg — which is where Dutch politics is headed — and the corporate blackmail that favours one sector over another. Attracting qualified foreign talent is an obvious benefit, but it should be accompanied by a serious focus on local infrastructure, education and housing

Brain drain from Putin’s Russia is far from over 

WORLD

Brain drain from Putin’s Russia is far from over 

An estimated 11-28% of Russian techies have left since the outbreak of war. Yandex NV, once hailed as the country’s answer to Google and valued at $30 billion before the Ukraine invasion, is selling its domestic business for about $5.2 billion. The pressure is even more acute in scientific research. Russia has lost more than 50,000 researchers in the past five years

For battered Europe IPOs, two years in the stock market is a lifetime

BUSINESS

For battered Europe IPOs, two years in the stock market is a lifetime

The macroeconomic environment may be exacerbating poor performance of IPOs — higher interest rates tend to hurt risk appetite — but so are structural issues like skimpy analyst coverage of small companies and weak retail participation in Europe’s stock markets. Many companies are likely to leave the stock market, and their new owners may simply wait a few years before taking them public again — in the US

Layoffs: Is AI coming for white-collar jobs? Coders and analysts should worry

BUSINESS

Layoffs: Is AI coming for white-collar jobs? Coders and analysts should worry

Studies are finding AI tools improving productivity significantly for coders, analysists and customer support agents. IMF last month warned that jobs in advanced economies were especially exposed to AI and the risk of reduced labour demand, lower wages and reduced hiring. Some jobs might simply disappear

The US stock market is eating the world. Where is Paris, London?

BUSINESS

The US stock market is eating the world. Where is Paris, London?

One way of seeing how two European footwear companies have performed on the stock market since going public — one in New York, one in London, should set alarm bells ringing across continental financial hubs, not just the UK

Bitcoin ETF hype is more memestock than gold 2.0

BUSINESS

Bitcoin ETF hype is more memestock than gold 2.0

Crypto prices are soaring, hackers are mobilising and Redditors are pumping. But the promise of game-changing, gold-like adoption looks like a meme too far

Bitcoin hype will clash with the Rolex recession

BUSINESS

Bitcoin hype will clash with the Rolex recession

Easy money is crypto’s real speculative fuel, but there’s not so much of it around these days

Springsteen shows private equity who's boss

BUSINESS

Springsteen shows private equity who's boss

 If you’re going to sell out, do it at the top of the market 

Shows of solidarity with Israel masks a fractured Europe

BUSINESS

Shows of solidarity with Israel masks a fractured Europe

The EU is the No. 3 world economy, Israel’s largest trading partner and the biggest donor to the Palestinian Authority. It can and should be a player, not just a payer of aid, in the Middle East. At a time when the US is retreating into election mode, EU needs to go against the grain and be more assertive

Some banks are actually sticking with WFH

BUSINESS

Some banks are actually sticking with WFH

Fights over productivity distract from more practical, even CEO-friendly, benefits

Mario Draghi’s back  — with a lot of work to do

BUSINESS

Mario Draghi’s back  — with a lot of work to do

A ‘whatever it takes’ approach to changing Europe's economic fortunes is exactly what's needed

Revenge travellers are feeling ripped off as costs bite

BUSINESS

Revenge travellers are feeling ripped off as costs bite

Revenge travel faces a reckoning as service fails to match soaring prices

Dubai welcomes hedge fund digital nomads with low taxes

BUSINESS

Dubai welcomes hedge fund digital nomads with low taxes

Roughly 50 hedge funds jointly managing more than $1 trillion worth of assets are said to be looking to obtain a license in Dubai, which eagerly promotes its “zero personal income tax regime”

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