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A mob-linked business partner, and other Russian minefields
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2017-06-22 14:54:13
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}A daily digest of opinions and analysisTrump, Russia and a Questionable Business PartnershipAs the Justice Department's investigation into the White House broadens to include suspicious financial activity involving Russian operatives, it's a good time to revisit the president's dealings with the shadowy Bayrock Group. Trump biographer Tim O'Brien shares an insider's perspective on the now-defunct real-estate firm, which boasted mysterious access to funds, a principal with ties to Russian organized crime — and strong links to the Trump family.In Saudi Shakeup, Economics Tops CounterterrorismSaudi Arabia's new crown prince, 31-year-old Mohammed bin Salman, has an eye to the future, but the shuffle replaces a loyal friend of the West. Meghan O'Sullivan argues that King Salman's surprise move sends a message to the world that fighting terrorism isn't the country's top priority.Canada Should Prepare for the Housing Bubble to BurstSkyrocketing housing prices in Canada make the U.S. real-estate boom of the mid-2000s look mild, but American homeowners know all too well what can happen when the market destabilizes. Ben Carson explains why their neighbors to the north might be next to learn the hard way.Colombia Treasure Ship Lures Lawyers, Guns and MoneyThe Spanish galleon San Jose sunk off the coast of Colombia in 1708; three centuries later, politicians, diplomats and sea-scavengers are locked in a fierce battle over the wreck. (Did we mention it may contain $17 billion in gold?) Mac Margolis explains how a fierce international dispute could redefine the law on who gets to own the past.Before it’s here, it’s on the Bloomberg Terminal. Find out how the Terminal delivers information and analysis that financial professionals can’t find anywhere else. Learn more.Ritholtz’s ReadsAvoiding stock market distractions (Johnson Investment Counsel)Bull market in tech stock acronyms reaches perplexing heights (Bloomberg)Here are all the ways Jeff Sessions is wrong about drug sentencing (Washington Post)(Read Barry Ritholtz’s full daily news roundup here.)Bloomberg GadflyA GE breakup? Not so fast.Oil bulls miss out on a royalty checkEnemies of Uber: Now's your big chance(Read more from BV’s sister site for fast business commentary.)Bloomberg L.P. ● 731 Lexington Avenue, New York, NY 10022Web ● Facebook ● TwitterFeedback ● Unsubscribe
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