The Risks Hidden in Public Pension Funds

The Risks Hidden in Public Pension Funds

Attracted by promises of high returns, many public pension funds have been loading up on private equity but may not fully appreciate the dangers, our columnist says.
Russia’s Wartime Spending Raises Fears of an Economic Bubble

Russia’s Wartime Spending Raises Fears of an Economic Bubble

The economic strength has helped to maintain popular support for Vladimir Putin’s war, but some have warned the state-led spending is threatening the country’s financial stability.