Essays & News

  On August 1, the Turkish National Intelligence Agency coordinated the exchange of 24 prisoners in Ankara. Russia and Belarus released 16 individuals, while the United States, Germany, Slovenia, Norway and Poland released eight. The swap is said to be the largest such exchange since the end of the Cold War, although there are notable […]

  The incident occurred on Friday, July 19, 2024. It affected thousands of flights and millions of people across dozens of nations on several continents. It has led to total costs of over $5 billion. “It” was an IT outage. This disruption, one of the biggest ever, was not the result of a pernicious virus, malicious […]

  In recent years, the resurgence of inflation in the United States and other advanced economies has brought a revival of conflict theories of inflation (CTIs). These theories, which are gaining momentum in academic and policy-making circles as well as the popular press, posit that inflation is fundamentally the result of distributional conflicts among various […]

Europe consists of a variety of countries and cultures with distinct traditions. The competition between them has long been the driver of developments. But Europeans also had something in common that was the fundamental component of success: a Christian heritage with its demand for self-responsibility and the call to “love thy neighbor.” Responsibility and respect […]

  Gold has been making headlines in the financial press for quite some time now, thanks to its stellar performance. Since October 2023, the price of gold has been making robust gains, hitting an all-time high of $2,480 per ounce on July 17. This is a significant jump from its previous record of $2,075, set […]