The Putin oligarchs are billionaires who serve at the discretion of the state. The original Yeltsin-type oligarchs owned the state.
Negative interest rates have a pernicious effect on human beings. They corrode the structures of society, culture and people’s mindsets, triggering widespread resignation and even nihilism.
Rather than having the ECB continue its path of raising just the boats of the rich, it is high time for the delivery of “helicopter money” to everyday Europeans.
We now witness the marks of the inverted universe of ultra-loose monetary policy and lax central banking.
Trump’s clumsy efforts to bully Zelensky have weakened both the U.S. and the Ukrainian leaders, while playing into Russian hands.
A sensible climate plan will marry CO2 reductions aimed at remediating the climate challenge with infrastructure improvements designed to mitigate its impact.
World leaders dare not ignore today’s grand corruption.
The EU can take the lead in fighting climate change. But an EU “Green New Deal” requires a far higher price on carbon.
Argentina’s voters, foreign institutional investors and the International Monetary Fund (IMF) never seem to learn from previous calamities.