editorial partner: Liberte! Friedrich Naumann Foundation

F.A. Hayek Foundation

Economy
Power of Central Banks Moved By Markets
But today it could happen anywhere; for example in China. It seems that counterparty mistrust among financial institutions reached extreme levels in China last week, where so called Shibor, or the Shanghai Interbank Offered Rate, has been surging.
Economy
We Intentionally Created the Bubble
Let\'s be clear. We\'ve intentionally blown the biggest government bond bubble in history … We need to be vigilant to the consequences of that bubble deflating more quickly than [we] might otherwise have wanted.
Economy, Politics
More Centralization
It is interesting as, on the one hand, there is France calling for more centralization and more common policies on the EU level, and on the other hand, President Francois Hollande is able to say: \"The European Commission cannot dictate us what we have to do.\"
Economy
We Need Reforms
UK´s Foreign Secretary William Hague, for example, called for cooperation between Britain and Germany to carry out reforms within the European Union.