Twenty years later, the 2004 Madrid train bombing remains central to understanding Spanish polarization and geopolitical irrelevance.

In 2023, the federal government borrowed $2.5 trillion. So far this year, things are only getting worse.

“LGBTQI” Spaniards are now being invited to register for priority status within the government’s job placement scheme.

Ideological inconsistency and obsession with respectability have prevented follow-through on conservative convictions.

Legal experts mostly agree that the law is unconstitutional, and opposition leader Feijóo has stated he would repeal it once in power.

The national French statistics office has released new numbers on government debt. Everybody debates those numbers, but has anyone actually read them?

A combination of ominous economic forces beyond the control of the government will make minced meat of Sweden’s euro-skeptic holdouts.

The U.S. Congress has ignored the budget deficit for decades. Debt investors have almost run out of patience. Will Congress address the problem—or continue to play for time?

Donald Tusk has accused the National Bank of Poland of manipulating interest rates to help his predecessor win last year’s election. Here is ample proof that Tusk has no case.

The prospect for lower interest rates in Europe is fading, but the reason has nothing to do with the European economy. The reason is found on the other side of the Atlantic Ocean.

Economists have failed to explain Europe’s economic stagnation. Here is an explanation they have not considered.

One would have to go back to Soviet times to find a more authoritarian polity in Russia.