Too soon to say if growth peaked in July at 24.3 percent, but it may have given the crackdown on shadow lending. If both TSF and M2 decelerate together, credit growth contraction in China will finally begin in earnest.
Can the US Legally Seize Russian Assets? Should It?
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Congress’s aid package encourages the president to seize frozen Russian
reserves to support Ukraine. But the legality and desirability are both
questionable.
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