Prince Michael of Liechtenstein

  The new government in Berlin is inheriting a tangle of unresolved problems resulting from decades of political mismanagement. Germany is located at the heart of the European landmass. It is also the region’s largest economy and most populous country. What happens in Berlin shapes Europe as a whole. Stagnation sold as stability For decades, […]

It appears that a ceasefire in the Russia-Ukraine war is drawing near. The most likely demarcation line will hew closely to the current front. Genuine peace talks remain distant – the two sides are far apart. Kyiv still clings to the goal of restoring the country’s pre-2014 borders, while Moscow wants formal control of Crimea and the entire Donetsk, […]

  This week, all key finance ministers and central bank governors are gathering in Washington for the annual meetings of the International Monetary Fund (IMF) and World Bank. These two supranational institutions were created out of the Bretton Woods agreements, which sought to provide a financial and economic framework for the global economy. That system was, on […]

  In Berlin, the Social Democratic Party, which took a drubbing in recent elections, dominates the governing program of the coming four years. Policies that were rejected by the majority of voters will continue with some lukewarm adjustments. Likewise, in Paris, President Emmanuel Macron, having lost center and left voters in the last French national […]

  Since his election last November, United States President Donald Trump has surprised the world with new ideas nearly every day. Last week, he delivered the biggest shock yet: He announced steep tariffs on imports into the U.S. “Is he insane? How dare he? We must resist! He is destroying the economy. A recession will follow! A […]