The chapter explores Dubai's improved anti-money laundering standards, leading to its removal from the gray list by the Financial Action Task Force. This change has prompted some individuals to seek alternative locations to protect their assets amidst increasingly stringent regulations in Dubai's banking and property sectors.
Masoud Pezeshkian rode to victory on a promise of reforms that Iran’s people seem desperately to want. Will the former heart surgeon be permitted to carry them out? Ukraine has been getting a wartime pass on servicing its debts, but its creditors will soon come knocking (10:05). And why thousands of plutocrats are moving to Dubai (17:00).
Get a world of insights by subscribing to Economist Podcasts+. For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account.