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Germany’s “debt brake” is too tight. Enshrining a legal commitment to keep the budget close to a balance in the constitution does not appear to be a good idea, and a recent ruling by Germany’s Constitutional Court would jeopardize the country’s investments in the green transition. Governments that observe fiscal discipline are all too rare. … Read more
Washington has mixed praise and criticism for Kissinger’s death. The praise from Beijing was generous. President Xi Jinping said Henry Kissinger is China’s “old friend. Vladimir Putin called Kissinger a “wise and far-sighted statesman. Israeli President Isaac Herzog praised Kissinger for “laying the cornerstone of the peace agreement with Egypt, as well as many other … Read more
Gold prices rise to 6-month high. A lower U.S dollar and growing investor confidence that the Federal Reserve will begin cutting interest rates next year have pushed gold prices higher. However, under cost pressure, the stock prices of gold companies have not benefited. Spot gold rose 0.6% to $2,014.55 a troy ounce, its highest level … Read more
The 1 way how to view the far right entering mainstream European politics. The growing popularity of far-right parties, even coming to power as part of coalition governments, does not necessarily threaten democratic institutions in itself, but it could profoundly change the EU. Geert Wilders has had a long road to success. I have known … Read more
The 1 Difference between American and European populism? European populism does not have much of a cult of personality, while in the United States, without Trump’s personal appeal, we would not know what American populism is. A center-right or center-left government will be chosen by British voters in the upcoming general election. Comparatively, a second … Read more
10 years of China-Switzerland Free Trade Agreement Patrick Ziltener said in an interview that the China-Switzerland bilateral fr ee trade agreement has saved a lot of costs for Swiss companies exporting to China. At the same time, 42% of China’s exports to Switzerland have actually achieved zero tariffs. Dr. Patrick Ziltener is an associate professor … Read more
The number 1 economic advantage of the United States in competition with China Wolff: The United States and its allies are still more united and economically stronger than the Chinese camp. It will take a long time for the Chinese camp to surpass the American camp in terms of economic strength Not long ago, “most governments … Read more
The new cold war between the United States and China shows signs of thawing. The Biden-Xi summit was a sign of progress in relations between the two countries after a period of high tensions, but the roots of the increasingly bitter rivalry remain. After the leaders of the world’s two superpowers concluded a four-hour meeting … Read more
How Canada becomes embroiled in geopolitical disputes Canada, which once considered itself largely insulated from the world’s problems, is now mired in a series of foreign policy dilemmas and has strained relations with India and China, two rising populous powers. In the 1920s, Canadian politician Raoul Dandurand once described his country as a “house that … Read more
With all parties focusing on the Middle East, does the West still have a feasible Ukraine strategy? The author of this article is a contributing editor of the Financial Times, chairman of the Center for Liberal Strategies in Bulgaria, and a researcher at the Austrian Institute of Humanities (IWM) “No one is as convinced as … Read more