In an op-ed in The Washington Post, Tom Pepinsky, the Walter F. LaFeber Professor of government, writes that Russian president Vladimir Putin doesn’t have good options if he wants to stop a bank run.
“Earlier today, Russia’s central bank announced that the country’s currency, the ruble, was fully liquid. Normally, central banks do not need to reassure currency holders this way,” Pepinsky writes in the piece. “But these are not normal times in Russia. Having launched an invasion of Ukraine just a few days ago, Russia faces some of the strongest financial sanctions that any country has faced in modern history.”
Ryan Young/Cornell University
Semiconductors are at the core of the economy and national security. Their importance makes them a target. Sarah Kreps, director of the Tech Policy Institute in the Cornell Jeb E. Brooks School of Public Policy, discusses how Cornell is helping to keep the semiconductor supply chain safe.
A party in the Temple of Zeus for retiring Zeus manager, Lydia Dutton. Left to right: A.R. Ammons, Cecil Giscombe, Dutton, David Burak, Phyllis Janowitz, James McConkey and Tony Caputi.