How Merz’s summit plan on Russian assets backfired
France sided with Belgium, Italy and smaller states in backing joint debt for Ukraine instead
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EU turns to joint debt for Ukraine after botching Russian asset loan
Also in this newsletter: Why Brussels’ U-turn on combustion engines won’t halt EVs
BP’s activist era begins
Plus, the newest merger shaking up Big Law and private equity giants make billions on Medline’s IPO
Tether-owned firm sells crypto miner to companies run by its founder
Stablecoin giant’s Devasini is director of groups that bought Peak Mining from Northern Data
The Brexit implementation fiasco
It is not too late to reverse bad policy but that requires good governance