In this episode, we talk about Turkey on the eve of the elections in the context of the earthquake and reconstruction, hyperinflation and its impact on the economy and society, and political and institutional instability.
The functioning of all public services depends on it; hence completely different infrastructures are needed for a hundred people and 500 million people. Meanwhile, the fundamental demands of young people and the elderly differ.
On March 20th, the Lithuanian Free Market Institute with its unique program of youth debates, Freedom Talks, opened Global Money Week at the Bank of Lithuania. At the inaugural event school youth teams met in a tournament to debate “Do we need money?” and “Can we buy anything with money?”
“I donate part of my money to support non-governmental organizations, the activities of which I consider important and close to my heart” said the founder of the Economic Freedom Foundation. “I did not inherit the fortune, but I earned it over 30 years. I started modestly and I needed to recover from the years when I had to tighten my belt.”
Public healthcare should also work with priorities. What has more priority? Financial or geographical accessibility? Quality or quantity? What should be clearly free and, conversely, what is the Slovak patient-insured-consumer willing to pay for?
Since 2006, most of the time Slovakia has been ruled by politicians who have emphasized the role of the welfare state. The concept of pre-election welfare packages has become more popular and has become an integral part of mainstream politics, regardless of the phase of the election cycle.
Ukraine has introduced numerous reforms between 2014-2019, which support macro-financial sustainability of the country. As a result, even during COVID-19, Ukraine went stronger with debt-to-GDP ratio at about 50%, sound banking system, improved corporate governance and higher openness and transparency. This helped Ukraine to remain resilient since the beginning of full-scale invasion by Russia.
While the state does need to find new revenues, there will not be any substantive debate on taxation over the next four months, new Finance Minister Annely Akkermann (Reform) says.
Estonian Minister of Defense Hanno Pevkur (Reform) is on an official visit to the United States, and will meet with Secretary of Defense Lloyd Austin while in Washington.