economy
As the North Atlantic political sphere spent the last few years focused on elections in Europe and the United States, as well as Russia’s war on Ukraine, China has made a remarkable resurgence. After displaying significant vulnerabilities during the Covid-19 pandemic and its immediate aftermath, the country rebounded. While it currently faces major economic […]
Stock markets have dropped. This is not too concerning, as it comes after two years of rallying. The big tech stocks especially, such as Apple, Alphabet, Amazon and Tesla, were highly overvalued. The market works and corrects excesses. Other news might have a larger impact: a possible weakening of the United States dollar. It […]
Sanctions imposed by the West act as economic and political tools in international relations; they aim to pressure specific countries or regions to achieve certain geopolitical objectives. These sanctions mostly have negative implications for individual businesses and governments within the targeted economies. They can also adversely impact businesses in the sanctioning states. Western companies […]
A country with a unique record of poor policies revealing the damaging effects of price controls has just demonstrated how effective their removal can be. In 2020, the Argentine Congress passed a new rent regulation, promoted by Representative Daniel Lipovetzky (Cambiemos). The “Lipovetzky Law” introduced three major features: it extended the minimum lease term from […]
In September, Mario Draghi, formerly the Italian prime minister, head of the European Central Bank (ECB) and a prominent member of the pan-European establishment, together with his team issued a much-anticipated report on the economic state of the European Union. It highlighted the EU’s gloomy prospects without a change of course and presented a […]