Why Currency Pegs Break: The Politics of Defending a Price
A fixed exchange rate is a promise made by a central bank about the future — and history grades those promises harshly.
Christopher Lee · February 27, 2026
Business news for companies exposed to more than one country: trade route disruption, currency moves and capital controls, foreign investment screening, expropriation and nationalization, and sanctions compliance obligations. Each item identifies the jurisdictions involved and the operational decision it forces. Written for executives, counsel and risk teams working internationally.
A fixed exchange rate is a promise made by a central bank about the future — and history grades those promises harshly.
Christopher Lee · February 27, 2026
War-risk premia are the fastest honest referendum on any conflict — set weekly, by a market of specialists betting on geography.
Christopher Lee · February 4, 2026
Sovereign wealth funds now manage well over eleven trillion dollars, and their investment choices are foreign policy written in portfolio form.
Christopher Lee · January 13, 2026