The Impunity Discount

The ContextCambodia’s Senate approved a new anti-cybercrime law. The date is irrelevant. The numbers are not. Ringleaders of cyberscam compounds now face up to 20 years imprisonment and fines of $500,000 USD. Operators whose activities result in death face life...

Trust: The First Casualty of Surveillance

The Context Four hours ago, Meta announced a mandatory surveillance programme for its US-based employees. The stated goal is to train AI agents. The method is the installation of tracking software on work computers to capture every mouse movement, keystroke, click,...

The Vetting Void

The ContextPrime Minister Keir Starmer appointed Peter Mandelson as UK ambassador to the US. The Foreign Office’s own security team flagged a problem. They failed the vetting. The team’s recommendation was overridden. Mandelson served for 7 months before...

The $5.3bn Audit Trail

The ContextBetween 16-17 April 2026, the Saudi Public Investment Fund (PIF) announced a strategic pivot. The sovereign wealth fund is reducing its international investment target from 30% to 18-20% of its portfolio. Concurrently, reports emerged that PIF is on the...

The $300bn Audit Trail

The $300bn Audit TrailGovernanceHui Ka Yan, founder of China Evergrande Group, pleaded guilty to fraud charges on 14 April 2026. The case centres on a $300bn debt liability and an $81bn loss over two years. The founder’s personal fine of $6.5m and lifetime...