The London Stock Exchange has been criticised for helping the Belarusian government to raise $1.25bn (£880m) of debt weeks before a “rigged” election in Europe’s last dictatorship.
Well, you know, maybe. Although asking a stock exchange to determine political legitimacy has certain dangers of its own. Imagine someone the left likes not being able to raise money?
There have been concerns for years that the City is too eager to welcome money from regimes with a poor record on human rights and corruption.
That’s distinctly silly. Because they’re taking money out, not putting it in.