Prince Michael of Liechtenstein

  The Israeli Air Force conducted several operations in Iran, with intelligence services deploying drones during the nights of June 12-13 and has continued in subsequent days. These attacks followed the collapse of negotiations between the United States and Iran over a new agreement aimed at limiting Tehran’s nuclear weapons development. As tensions escalated after the […]

  Human productivity has increased manyfold through technological advances, creating widespread prosperity. The resulting scientific and technical progress and innovation is mostly found in the developed world, yet even less affluent parts of the global population today can afford consumption and an ease of life which in the past was reserved only for the very […]

  A growing concern dominates Western politics and diplomacy: the unraveling of the so-called rules-based world order. Many place the blame on the Trump administration. However, this shift was inevitable because of geopolitical, geoeconomic and demographic forces, regardless of who occupies the White House. This world order – never truly universal – provided a framework […]

  Since the partition of the Indian subcontinent, regular and often violent disputes have broken out along the Line of Control in Kashmir. Both India and Pakistan claim the region in full, though control has been split since the first war between the two countries. One of these disputes erupted at the end of April, triggering […]

  Global debt has reached staggering figures, totaling more than $300 trillion in 2024. Most of this debt is concentrated in the older, industrialized democracies, as well as China. It comprises public sector (sovereign) debt, corporate borrowings and household liabilities. Collectively, it represents roughly 300 percent of the world’s gross domestic product. In 2024, the total […]