Let us call a spade a spade: ending the tax treaty with Hungary is an act of punishment by Washington. If a country refuses to play by their rules, the U.S. administration will exclude, sanction, banish, and publicly flog the incalcitrant nation.
There are concerns that the Ukrainian situation will become like that of former Yugoslavia, with weapons being trafficked to be distributed in the EU.
In the first quarter of this year, the euro area ran a combined trade and financial deficit vs. Russia of €-26 billion. Only the deficit vs. China was bigger, at €-38.8 billion.
Hungary is the last holdout among the 27 members of the European Union, thus blocking Brussels from implementing the tax-cartel minimum rate.
There are three reasons why stagflation is happening. The most compelling evidence is in some unique data that economists often ignore.
We conservatives often identify ourselves by a set of principles and values: we honor family, faith, country, and tradition. The
Inflation in energy prices are showing signs of stabilizing; consumer-price inflation is near or at its peak.
So long as Germany, Sweden, and Netherlands remain profitable destinations for human trafficking, violence related to human smuggling from Eastern Europe will continue.
The 22-year-old shooter is known to the mental-health system. He tried, unsuccessfully, to contact a crisis line shortly before the shooting.
While big-drama issues proceeding from the Supreme Court make their way through the news cycle, an even bigger news story is quietly gaining speed. It is about President Biden and his weakening health.
Introducing the Renminbi Liquidity Arrangement (RLA), which is aimed squarely at supplanting the dollar.
The default has been reported as “mostly symbolic” of “the worst economic contraction” in Russia in many years; Russian President Vladimir Putin has a different account of the Russian economy.