“There’s been some bad news lately,” he said. “We’ve heard of hometown heroes raising a lot of money, growing real big, and maybe getting sold for not that large an exit. We’ve heard of flat rounds, down rounds, some of our favorite companies dying. All this stuff is getting our mood down.”
The age-old sport of leaders bashing central banks has come out of the shadows lately: Prime Minister Modi has gone toe-to-toe with the Reserve Bank of India (RBI). Modi has threatened to invoke Article Seven of the RBI Act, a “nuclear option” where the government would control the RBI.
BEIJING (Nov 13): No country can block China’s cooperation with island nations in the Pacific and the area is no country’s sphere of influence, a senior diplomat said on Tuesday, ahead of a summit between President Xi Jinping and Pacific island leaders.
Australia, in particular, has been vying for influence with China in sparsely populated Pacific island countries that control vast swathes of resource-rich oceans.