Airlines are also responsible for the payment of landing charges, in local currency. So the cost of landing a plane in, say, Heathrow - even were it possible - has effectively now doubled. (View Post)

Now 153 rubles to the dollar, half its value from before this war. Technically good news for the Moscow Exchange (if taken in isolation), but an awful harbinger of doom in other respects. (View Post)

51 not 50? (View Post)

I agree with Leon. The German re-armament program represents a more significant challenge to the French world view than it does the British. To the French, a sense of equals is required, whereas the … (View Post)

It's not that simple; CDS rates currently imply an 80% chance of default. It's effectively $25/year for five years, to insure $100. https://news.bloomberglaw.com/bankruptcy-law/russia-cds-signal-80-c… (View Post)