English

  Last week, the budgetary initiative of United States President Donald Trump’s administration, dubbed the “One Big, Beautiful Bill,” was successfully passed into law. This development prompts us to reflect on the current state of global economies, even as the intense criticism surrounding the bill may be misguided. Looking at macroeconomic data, it becomes obvious […]

  Over the last decade, the crypto industry has undergone a dramatic transformation. It evolved from a mere hobby for coders and a pet project for individuals who were skeptical of governments and fiat money, and matured into a nearly mainstream asset class. What once operated almost unnoticed in the shadows and on the margins […]

  As global trade tensions escalate between the United States and major economies worldwide, Europe faces significant challenges safeguarding its economic interests. The recent proposal by U.S. President Donald Trump to impose a 50 percent tariff on imports from the European Union underscores the urgency for the bloc to strategize effectively. This report outlines three potential scenarios […]

Some Western capitals appear to nourish hopes that it might be possible to drive a wedge between Russia and China – an inversion of what President Richard Nixon and Henry Kissinger achieved in the 1970s when aligning with China against the Soviet Union. Russia is both a European and an Asian country, stretching across 11 […]

  The world is witnessing a growing struggle for authority in Eurasia. China’s Belt and Road Initiative (BRI) outlines Beijing’s vision for a new economic order, linking nations to China through infrastructure investments and lending via relatively new economic institutions that challenge the postwar Western framework. In contrast, India presents a rival vision with the […]