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  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 […]

  The most significant challenge to Europe’s global competitiveness and individual freedom is oversized government, excessive spending, and the ballooning debt that results. The continent is trapped in a vicious circle. Overreaching regulations and institutions are eating away at Europe’s economy and freedoms like a metastasizing cancer. The essential roles of the state are to […]

  Sovereign wealth funds have gained attention as governments increasingly rely on them to manage public assets. In the past decade, their total assets have doubled, growing from $6.7 trillion in 2014 to $12.7 trillion in 2023. If the combined sovereign wealth funds were a country, it would be the world’s third-largest economy, trailing only the […]

  Advocates of digital money, such as cryptocurrencies, have been pushing hard to play a pivotal role in how the global economy works. Reaching this goal has been challenging. High-profile failures of cryptocurrency platforms like FTX and Terra Luna (an algorithmic stablecoin that collapsed), coupled with stricter regulations from governments worldwide, have slowed progress. Still, a new sense of optimism is […]

  United States President Donald Trump and Vice President J.D. Vance clashed openly with Ukrainian President Volodymyr Zelenskiy in the Oval Office last week. Mr. Zelenskiy insisted that Russia would not honor any agreement – an obvious point – in a bid to secure concrete security commitments from Washington. President Trump lost patience, the exchange grew heated […]