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Search Result for “financial services”

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OPINION

How to stick it to Europe: scrap Brexit

News, Leonid Bershidsky, Published on 06/12/2018

» The top European court now is highly likely to rule that the UK can cancel Brexit unilaterally. For all the domestic political hurdles such a move would face, it's intriguing to ponder how Europe would take it if the UK did cancel Brexit, and what the consequences would be for the European Union.

OPINION

Until it gets hacked, e-government sounds just great

News, Leonid Bershidsky, Published on 23/11/2017

» A group of Czech security researchers earlier this year discovered a way to steal identities from electronic ID cards used in a number of countries, known in the cryptography industry as a ROCA vulnerability. So far, the vulnerability has caused problems in Estonia -- the country with perhaps the most comprehensive e-identification and e-government system in the world -- and in Spain. Former Estonian president Toomas Hendrik Ilves, a tireless promoter of his country's e-democracy, has said that other countries and institutions have the same problem, too; they're just not talking openly about it. He's very likely right.

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OPINION

Authoritarian cryptocurrencies are on the march

News, Leonid Bershidsky, Published on 18/10/2017

» With Russia and China both embracing the idea of sovereign cryptocurrencies, it's time to ask a simple question: Why is a technology threatening to decentralise money so attractive to highly centralised, authoritarian regimes?

OPINION

Turnover tax on global technology giants is sheer folly

News, Leonid Bershidsky, Published on 20/09/2017

» Ten European Union countries' finance ministers have signed a letter calling for a tax on the revenues of multinational tech companies that have been hiding away their European profits. But European leaders should proceed with caution, because a turnover levy may not be the best solution to this multi-billion-dollar problem.

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OPINION

The key to tackling North Korea is Vladimir Putin

News, Leonid Bershidsky, Published on 19/05/2017

» The idea of a grand bargain between the United States and Russia is less popular in Washington than ever before. And yet one of the biggest foreign policy problems for the US -- that of North Korea -- cannot be resolved without Russia's participation. In recent years, Russian President Vladimir Putin has made sure to rebuild a close relationship with North Korean dictator Kim Jong-un, and it's no longer enough to talk to China to mitigate the Stalinist state's aggressiveness.

OPINION

The biggest problem of the West is dwindling trust

News, Leonid Bershidsky, Published on 06/01/2017

» Many Americans gasp when they see Donald Trump mockingly put the word "intelligence" in quotes when referring to the US intelligence community; it seems heretical to challenge the wisdom and expertise of institutions charged with safeguarding their security and freedoms. As a Russian, I just shrug: I have never believed a word coming from my country's intelligence services. This cultural gap is shrinking, though. Western societies are turning into low-trust ones, after the post-Communist, Eastern European model.

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OPINION

Panama Papers blame-game hides the real issue

News, Leonid Bershidsky, Published on 18/04/2016

» Last week, a respected Russia scholar in the US speculated that the Kremlin might be behind the so-called Panama Papers, the big dump of data about offshore accounts that has implicated several countries' officials in shady dealings. And on Thursday, President Vladimir Putin of Russia blamed the US for the leak.