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  All 31 major U.S. banks passed the 2024 Federal Reserve stress tests -> Many believe the tests are overly optimistic and fail to capture realistic risks -> The assessment neglects the vulnerability of smaller regional banks   In June, the international financial press was excited to share some “great news” from the United States: […]

  Two major summits took place concurrently during the last weekend of October: the International Monetary Fund (IMF) meeting in Washington, D.C., and the BRICS summit in Kazan, Russia. The IMF marked its 80th anniversary, having been established alongside the World Bank at the 1944 Bretton Woods conference, where the global financial system was rebuilt around the United States dollar. […]

ECAEF President and Geopolitical Intelligence Services founder and chairman Prince Michael of Liechtenstein conducted this interview with German entrepreneur Andrea Thoma-Boeck, founder and president of the Initiative Zukunft Wirtschaft Deutschland e.V. (IZW), on the root causes of her country’s economic trouble and the necessary solutions.    Germany, the fifth-largest global economy and by far the largest […]

  On 18 October 2024, the following commentary was in Bloomberg News:   For Wall Street skeptics and diehard members of Team Recession, there’s always some evidence to support their grim prognostications. And while they’ve been proven wrong time and again by an effervescent US economy, right now equity valuations are indeed stretched, corporate bond […]

The German government’s recent decision to reintroduce border controls with its neighbors Poland, the Czech Republic, Austria and Switzerland marks a significant departure from the Schengen principles. This populist measure comes after substantial electoral losses for Germany’s governing coalition and aims to restrict access for both asylum seekers and illegal, undocumented immigrants. This action is […]