Japanese pension funds continue to be big buyers of foreign/mainly US bonds. Why? Because even after hedging currency fluctuations they offer better return than those available at home. Important piece this by @Birdyword
wsj.com/articles/forei… https://t.co/QMg7AGhPEb
To spray or not to spray. How Colombia came to account for 70% of total global cocaine production. Fascinating long
To spray or not to spray. How Colombia came to account for 70% of total global cocaine production. Fascinating long read by @gideon_long ft.com/content/03b032… https://t.co/B1H3oaXzY2