Москва. 17 февраля.

This means moving out of stocks, credit and emerging market assets, and into United States Treasuries, top-rated government bonds and the dollar. But then what?... That may flip in the coming years. JPMorgan economists said Berlin’s defence pivot is one of a “ number of profound political and policy implications ” resulting from the Russia-Ukraine war that will reverberate for years to come. Others may prove equally important.... Italy’s foreign minister said on Monday that Rome will buy more