Prince Michael of Liechtenstein

Thousands of Africans and other migrants are stranded in Lampedusa. Italian and European Union institutions appear helpless. What can be done? President Emmanuel Macron of France responded swiftly by tightening French-Italian border controls to prevent migrants from entering French territory. Such actions seem hypocritical, given that Mr. Macron endlessly speaks of European solidarity and often […]

On September 9-10, the G20 summit took place in India, giving the leaders of the world’s largest economies the chance to meet in a relatively informal setting. Established in 1999, the Group of 20 initially aimed to coordinate global economic activity, with a strong ambition to centralize decision-making on a global scale. It maintains a close partnership […]

  Between August 22 and 25, the BRICS – a loose association of Brazil, Russia, India, China and South Africa – held a summit in Johannesburg that made plenty of waves. Aside from the five main countries, some 30 other developing nations were invited to participate. “BRICS is a diverse group of nations,” said President Cyril Ramaphosa of […]

Fitch, one of the three leading rating agencies, has downgraded the United States’ creditworthiness from the top-notch AAA to AA+. The reasons for this downgrading include not just further fiscal deterioration but also the continuous debt ceiling negotiations that jeopardize Washington’s capacity to pay its bills. This downgrade may not bring about dramatic short-term consequences, especially since […]

Friedrich Merz, chairman of Germany’s largest party, the Christian Democratic Union (CDU), indicated that a collaboration with the Alternative for Germany (AfD) party at the municipal level could be a possibility. This resulted in an outcry. Especially during the 16-year chancellorship of Angela Merkel, the CDU maintained a strict firewall between themselves and the AfD, […]