Essays & News

  Following the outbreak of the conflict between Iran and the United States in early 2026, the future of global energy supplies took center stage. Although initial fears of shortages caused by geopolitical tensions have subsided, energy traders still find it difficult to predict how supply and demand will evolve. On the supply side, the […]

  “She is a very competent theoretical economist and also very good in applied economics. She was working at the Austrian Institute for Trade Cycle Research under Dr. Morgenstern, and I know that he was very pleased with her work and would be willing to give her good recommendations”. Gerhard Tintner (1907-1983) Although relatively little […]

  From the high deserts of Chile to the nickel-rich islands of Indonesia and the lithium hills of Zimbabwe, developing nations are no longer content to be mere pits and pipes for the industrial world. Instead, they are leveraging soaring demand for critical minerals to rewrite investment rules and assert sovereign control over their geological […]

  S&P and Fitch upgraded Argentina. MSCI still won’t even open a review. What is MSCI pricing?   On June 23, MSCI released the results of its 2026 Market Classification Review and, once again, declined to open a consultation on Argentina. This was neither a downgrade nor new restrictions. It was simply a refusal to start the […]

  A drone loaded with explosives was found at Leipzig-Halle airport in Germany. It was close to a Ukrainian aircraft that was to transport military equipment to Ukraine. The drone carried explosives PETN and Semtex, which failed to detonate on impact. It seems obvious that it was destined to blow up the Ukrainian airplane, and […]