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Photo: Wikimedia Commons The protests in Hong Kong over the past week have captivated the world and led to whispers of a Chinese “Maidan,” a street protest that leads to major (and overdue) political change. Discontent with Beijing’s handling...
Is it still working? Mario Draghi has just explained what ECB board council was discussing and markets jumped on this verbal game. ECB let basic rates unchanged and board have just had a discussion about unconventional measures of QE. Draghi...
Germany’s Constitutional Court confirmed as expected the legality of the Eurozone’s bailout fund which approved the legality of the European Stability Mechanism (ESM). The court stated that the 700-billion-euro fund did not violate...
Unexpected news came from Scandinavia last week. Sweden will have lower corporate tax rate than Slovakia! Last Thursday Swedish government announced its intention to lower tax rate from 26,3% to 22% in order to „strengthen climate for investments...
In Spain it will be hot after the summer. Judgment day will be on September 12. Did you sell grandfather’s gold teeth in Italy? We are treating depression by delivering news about bad situation our neighbours are in. The heat is slowing down...
Forecasts concerning the future of Russia are widely divergent which is alarming and should receive our immediate attention. On one hand, there are forecasts concerning the possibility of the Russian Federation’s territorial breakdown –...
Monsieur Bastiat would be surprised how close to reality is his well-known essay “Petition of the Manufacturers of Candles…” In this paper manufacturers of candles and everything connected with lighting have complained, via a petition,...
As Wen Jiabao walks into the press conference room, lights focus on him and the applause accompanies his steps. Then, with his voice slightly cracking he said: “Journalist friends, this will be my last National People’s Congress press...
