English

  The adage attributed to former United States Secretary of State Dean Acheson (1949-1953) is probably the most relevant for any period of history, including the current one: “Foreign policy: it is just one damned thing after another.” Indeed, challenges existing, expected and unknown will continue casting long shadows on the international landscape, threatening stability, […]

  Newly inaugurated Argentine President Milei is gaining significant attention on the international stage. A newcomer to the intricate world of Argentine politics, he ascended to the presidency in just a few years, triumphing over the kirchnerista (peronist) candidate Sergio Massa. For many supporters, Milei symbolizes a libertarian revolution. However, for others, his behavior is […]

  2023 will be remembered for its tumultuous wars and fervent activism, yet it was marred by a wide lack of outcomes, potentially rendering it a “lost year” in history. The tension between Western powers and their adversaries, China and Russia, persisted without fundamental shifts despite lots of strategic maneuvering. Conflicts in Ukraine, the Middle East, the Horn of Africa and the Congo trudged on unabated. In the welfare […]

  The European Union’s Carbon Border Adjustment Mechanism tariff (CBAM) aims to integrate climate action with trade regulations, but the approach is not without potential repercussions. On October 1, 2023, the first transitional phase of CBAM came into effect. For now, it will only apply to certain goods: cement, iron and steel, aluminum, fertilizers, electricity and […]

Over the past 25 years, total government debt in the United States has increased significantly, from about $10 trillion in 2008 to about $33 trillion in 2023. That is a 130 percent rise, net of consumer price index inflation. The size of the economy has certainly grown as well, but not enough to offset the […]