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Watch lecture video "Three Grenades in August: Fifty Years since the Bombing of Plaza Miranda in the Philippines"—another devastating exposure of Stalinism


Watch lecture video “Three Grenades in August: Fifty Years since the Bombing of Plaza Miranda in the Philippines” another devastating exposure of Stalinism
Full video of the lecture
Scalice is a Postdoctoral Fellow at Nanyang Technological University in Singapore and author of
The Drama of Dictatorship: Martial Law and the Communist Parties of the Philippines, to be published next year.
The ground-breaking lecture reviewed the circumstances and political consequences of the August 1971 grenade bombing of an election rally by the then opposition Liberal Party in Plaza Miranda in central Manila. Scalice cited strong evidence that the Stalinist Communist Party of the Philippines (CPP) carried out for the attack, which killed nine people and injured 100 others. ....

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Review of 2020: chaos on a roll


Risk.net
Vanishing liquidity, the Ronin collapse, XVAs – the pandemic wreaked havoc in risk transfer markets
The Covid-19 pandemic brought the financial system to the brink in 2020. Lockdowns turned cities into ghost towns overnight and economic activity ground to a halt. From hastily assembled home offices, market participants faced one crisis after another: equity volatility surged; the US Treasury market seized-up; and oil futures turned negative.  
At times, it felt like a year-long crisis was being squeezed into six weeks. CME Group pulled the plug on one of the world’s largest proprietary trading firms. Dealers incurred heavy losses in their structured products books. Some hedge funds were unable to see out the turmoil. ....

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