F.A. Hayek Foundation

Riverside County decided to solve library problems by transferring a part of the operations it was in charge of. Therefore, it offered a new contract in a competition open to both public and private bidders.

Goodbye Ben, and welcome Jannet; but from the point of view of FED policy, nothing has changed, apart from the fact that Yellen could be a more pro stimulus oriented person than Bernanke.

With this in mind, we wish the protesters in Ukraine well and hope that their situation, where the confrontation with the state is direct, visible and imminent, also clarifies it to the rest of the world that the struggle is always there.

Europe is standing at an essential crossroads. The key challenge here is stopping the decline of international competitiveness.

If history repeats itself, Bitcoin could fall to 500 or 300 USD. But who knows? The fact is that in the longer term, it still has much greater potential than today’s prices.

New laws in Slovakia are passed like hotcakes and changed more frequently than socks, which creates a chaotic and unpredictable framework for citizens and entrepreneurs.

Certainly, there is no need to agree with everything Connolly says. However, when thinking about what awaits us in the Euro area in the coming months and years, I listen to his opinion with much more respect than to the opinions of the prophets of unfounded optimism.

As we have mentioned many times, China is preparing to enter the world currencies sphere. One piece of evidence is its vast activities in currency swaps with many countries, or the alleged increase in their official gold holdings.

The Bank of England has not changed its policy, but surprisingly our brothers, Czechs, entered currency wars. Although CNB decided to keep interest rates unchanged, it has decided on interventions on the foreign exchange market that weaken the koruna, so the exchange rate of the koruna against the euro is held close to CZK 27.

And still, at the same time, and in addition to these statements, the same government, and its majority in parliament, is approving measures, which are likely to increase unemployment and destroy the process of creating new jobs.