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The US House of Representatives recently passed a bill to prohibit the Federal Reserve from issuing a Central Bank Digital Currency (CBDC) without explicit congressional authorization. Some representatives, including Majority Whip Tom Emmer (R-MN), believe a CBDC would pose significant risks to financial privacy. While the concern is certainly warranted, the government’s already-existing ability to […]
Providing personal freedom, security and prosperity for the people is the duty of any political leadership. Free people in a prosperous and secure environment are what make a country or a region great. This is exactly what Hungary means with its motto “Make Europe Great Again.” For the six months from July 1 onward, Hungary […]
Yes, the rally in the “Magnificent Seven stocks” – the “Mag 7” – has been impressive. No, the rally is not over yet. Yes, this is a bubble – the “AI-bubble”. And yes, the AI-bubble will end badly for many, many people. The only question is when. The phrase “this time is different” was, […]
On June 13-15, Italy hosted the G7, a summit of the heads of state and government of the traditional industrialized countries: Canada, Germany, France, Italy, Japan, the United Kingdom and the United States. All leaders were present, and the event was hosted by Italian Prime Minister Georgia Meloni. The meeting was unusual because of one noteworthy feature. […]
The Ukraine Peace Summit in Switzerland concluded with no clear breakthrough but could lead to further talks. Could Saudi Arabia play a role in future meetings? See Prince Michael of Liechtenstein’s take on the summit.