MAGA types have a point on debanking
A booming compliance industry is causing problems
What do Barron Trump, son of the president-elect; some Islamic charities in Britain; and America’s legal cannabis industry have in common? This is not a set-up for a bad joke. Rather, all have been at the sharp end of a rise in “debanking”, having lost or been refused access to the services of commercial lenders.
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This article appeared in the Finance & economics section of the print edition under the headline “Pepped up”
Finance & economics
December 7th 2024- How China will strike back at Trump
- MAGA types have a point on debanking
- France is not alone in its fiscal woes
- Russia’s plunging currency spells trouble for its war effort
- How sports gambling became ubiquitous
- Xi Jinping’s campaign against gambling is a failure
- The hidden cost of Chinese loans
- Cronyism is a problem. But not always an economic one
From the December 7th 2024 edition
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The battle to reduce risk has shaped centuries of ventures
Jane Street is chucked out of India. Other firms should be nervous
Around the world, marketmakers now face extra scrutiny
Japan has been hit by investing fever
Will old folk catch the bug?
Don’t invest through the rearview mirror
Markets are supposed to look forward; plenty of investors look back instead
Trump’s trade deals try a creative way to hobble China
To appease the world’s biggest market, countries must anger the world’s biggest trader
The great dealmaker is conspicuously short of trade deals
Donald Trump issues threats—and grants deadline extensions