#173 - Will Britain wean itself off Russian money?
Today's episode from 24th March 2022. First up this morning: London has become known as the "London laundromat" - a machine that allowed billions of pounds, much of it acquired through questionable means, to be funnelled out of the Russian economy and into the UK. But will UK sanctions on Russia, following the invasion of Ukraine, allow the capital to clean up its act? Then later, we take a look at how Warren Buffett's five-word quote "invest in the long term" isn’t just a lesson in how to invest stocks, but also powerful life advice. Boris Johnson has launched a crackdown on oligarchs and companies linked to Vladimir Putin. But, as Daniel Thomas, Laura Hughes, George Hammond, Stephen Morris, and Kate Beioley explore in The Financial Times, the UK sanctions are far less comprehensive than those imposed by other western countries. Warren Buffett has, yet again, landed in the top five of the world's richest people. The billionaire built his wealth on brilliant business decisions and strategic investing, leaving many looking to him for advice on how to invest in stocks. His response is a simple five-word answer: "Invest in the long term." But the genius of it is that it's actually about something much bigger than bank accounts, as Kelly Main explores for Inc. Wake up with Curio is a different kind of morning show that gives you the context behind the news and gets you motivated for the day ahead, every Monday - Friday.
From Wake Up with Curio