Prince Michael of Liechtenstein

  The NATO summit in Ankara, Turkiye, on July 7-8, 2026, did not deliver many surprises, but it produced some satisfactory results for the future of the alliance. The North Atlantic Alliance, established during the Cold War, was designed to contain Soviet aggression. After the Soviet Union collapsed, many believed the alliance had outlived its […]

  Inflation does not befall us like a curse, nor does it descend on us as tragic fate. It is always the result of reckless, and sometimes criminal, policy. These words were spoken by Ludwig Erhard, the visionary German minister of economics who laid the foundations for West Germany’s Wirtschaftswunder (“economic miracle”) in the 1950s and 1960s. Today, […]

  A memorandum of understanding was signed between the United States and the regime in Iran on June 18. The 14-point ceasefire foresees the reopening of the Strait of Hormuz, the ending of the blockade of maritime transport to and from Iranian ports, the halting of the nuclear program and the release of some sanctioned […]

  Several important events occurred in the economy this June. Topping the list was the record initial public offering of SpaceX, which will be followed by two IPOs in the artificial intelligence sector: Anthropic and OpenAI. On the less positive side, inflation remains elevated and public debt continues to soar across the developed world, including […]

  There is a growing discussion surrounding the potential end of the bloodshed in Ukraine. Washington is pushing for a resolution, the pope is calling for peace, and various countries and individuals are either proposing or stepping forward to mediate. Ukrainian President Volodymyr Zelenskiy reached out to Russian President Vladimir Putin in an open letter, suggesting […]