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The Impeachment of Geir H. Haarde, Part I: Political Machinations and Legal Manoeuvres
Hannes H. Gissurarson argues that the whole impeachment process was unjust and that Geir Haarde’s conviction on a fairly trivial charge was legally groundless.
Hannes H. Gissurarson argues that the whole impeachment process was unjust and that Geir Haarde’s conviction on a fairly trivial charge was legally groundless.
The overall trend in the European economy points in the wrong direction. Therefore, it is a very bad idea to raise any taxes in the EU. It does not matter that the taxes the EU has proposed will fail to generate the revenue that the MEP tax grabbers are hoping for.
Jamie Dimon, the CEO of J.P. Morgan Chase, the U.S.’s largest bank, has suggested that in order to allow Green Energy to develop properly, the government may need to seize private property.
Politicians are known for two things: they never do what they should, and they always do what they shouldn’t. First, they do not prevent a debt crisis, then they aggravate it.
France is at a fork in the road, where her political leaders have shrinking maneuverability, where they are running out of time, and where they cannot afford to repeat the mistakes of the past.
Democrats and Republicans are bickering over the debt ceiling. They will reach an agreement before the June 1st “default” date, but it will only be a stopgap measure. At some point, Congress will face such high costs for its debt that not even the most optimistic investors can trust the U.S. Treasury any longer.
While the stars are lining up for another fiscal crisis in Europe, the ECB’s chief economist fails to even mention the threat. Is the ECB ignorant on what is coming down the pike?
The downgrade by Fitch is a slap in the face for the French government, and especially for Emmanuel Macron.
The official story is that the U.S. economy grew by 1.1% in the first quarter. This number is heavily modified and tells us nothing. We have the real numbers.
Twenty years ago, Central Europe had the lowest birth rate in the EU. The region has seen the greatest improvement in recent years. At the same time, female employment is also at its peak, the at-risk-of-poverty rate is much lower, and real earnings are rising steadily.
Heating, lighting, and electricity come and go in Transcarpathia, plunged into uncertainty and darkness as a result of the war in Ukraine. However, the Ukrainian community that lives on the other side of the Hungarian border struggles to live on.
The best way to understand the thought leadership behind Hungary’s economic success is to examine the 2016 tax reform, which created perhaps the simplest and most ingenious small-business tax in the world.
The ethical struggle is clouded by an institutional issue: according to the treaty on the functioning of the European Union, measures concerning the family are not the responsibility of Europe. Each state is supposed to decide sovereignly in this matter.
A year out from a general election in Spain and the political vitriol is running high.
Health care systems with a high degree of government funding were ill-prepared for the pandemic; systems with a higher degree of private and semi-private funding had a much better capacity to respond.
Although some countries have recovered, overall economic activity has been disappointing. To make matters worse, a closer look at capital formation—a.k.a., business investments—and consumer spending suggest that a recession is in fact just around the corner.
Greenpeace openly supports the ‘climate actions,’ pays the lawyers’ bills, and provides space, materials, and know-how. Direct funding comes from the US-based Climate Emergency Fund (CEF), which has already spent $5 million this year.
Retailleau clearly distinguished himself from his colleague Ciotti in this matter of ‘image maintenance’ and political correctness, declaring: “I have never fallen for the Left’s moral lessons.”
Whichever candidates Trump will face in the 2024 presidential primary elections, they will be tough contenders. Running for president is not for the faint of heart.
Some forecasters believe that inflation will persist for an extended period of time. I disagree, and if the signs of an inflation peak are as strong as I believe they are, then Europe could be out of this inflation episode before next summer.
Les Républicains are caught in a dangerous trap, between Macronism and the Rassemblement National, which has established itself as the leading parliamentary group on the Right.
The connivance of the establishment Left (and, though less explicitly, the Right as well) with the long-term strengthening of separatism has been a feature, not a bug, of Spanish democracy.
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