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This week on FT Alphaville,
- Draghi’s comments and the EUR fall provided a Rorschach test for the markets.
Continue reading: WeekenderA great resource from Shearman & Sterling, in their note marking the end of the briefing war in the Argentine vs holdouts pari passu saga.
It’s a schematic of the arguments which the Second Circuit will likely consider when deciding appeals against an order for Argentina to pay holdouts alongside restructured bondholders. Some of the arguments are key. Some are not so key.
Continue reading: Choose your own adventure, sovereign debt trial of the century editionThere’s a lot I disagree with in Ross Eisenbrey’s NYT piece on high-skilled immigration, but I’ll start with this:
The bill’s authors, led by Senator Orrin G. Hatch, Republican of Utah, argue that America would benefit from letting more immigrants trained in science, technology, engineering and math work in the country, with the sponsorship of high-tech companies like Microsoft and I.B.M. …
Continue reading: Employer power, high-skill immigration and what we’re really talking about
Letter from Lex - let’s make a deal
The big deal this week was the return of the big deal