
Euros & Dollars: Stubborn Inflation a Challenge for the Federal Reserve
We can trace some of the persistently high inflation back to the 2020 pandemic. But this time, it has nothing to do with excessive money printing.

We can trace some of the persistently high inflation back to the 2020 pandemic. But this time, it has nothing to do with excessive money printing.

Two former Portuguese colonies are pressing for closer ties to Russia, against a backdrop of military coups and political repression.

Italian PM Meloni now plays kingmaker behind closed doors.

The tax would invade privacy and clash with other attempts at changing behavior through taxes.

Recent efforts to punish Georgia risk precipitating, rather than deterring, the country’s drift toward Russia.

More people than ever get their paycheck from taxpayers. At the same time, some numbers seem to suggest that the era of big government is over. How is this possible?

Ursula von der Leyen is scrambling for enough votes in the Parliament for reelection, and she could also be excluded from the talks in the Council about her own position.

Snap election leaves all sides calculating how to form the next government amid suspicions Macron is playing a long game.

McConnell errs by assuming that Hungary can and should divorce its domestic interests from its foreign policy commitments.

For the first time since 1994, South Africa’s ANC does not have an absolute majority. What comes next will be an important test for the RSA.
The latest policy statement from the euro zone’s central bank is a harsh message to all governments that have budget problems.
After half a century of solid left-wing hegemony, Portugal might be days away from an extraordinary shift to the Right.
After a long, agonizing encounter with monetary inflation, Europe is back to more normal levels of price increases. Ironically, that bodes well for the EU economy for the coming recession.
The former U.S. President and the Hungarian Prime Minister are the two symbols on either side of the Atlantic of a reemerging anti-globalist, anti-woke, conservative alliance.
More and more finance experts express worry about the U.S. government’s debt. Only Congress can prevent a fiscal crisis, but time is running out—fast.
Jobless rates are rising, especially among young workers.
Every time there is a disturbance in the market for U.S. debt, the American economy inches closer to a full-scale debt crisis. We just moved another inch or two.
The trend with worried debt market investors continues. If this gets worse, higher—not lower—interest rates will be the least of our concerns.
Argentina’s new president, Javier Milei, talks about making ‘seigniorage’ illegal. But does he really know what the term means?
A look at the 29 organizations tasked with policing political content on social media ahead of EU elections
The president of Argentina wants to make it illegal to print money for budget deficits. Economic theory says he is right, but the politics of the welfare state may get in his way.
Repression and fear provided an opportunity for higher-ups in Spain’s Socialist Party to rob the taxpayer of his money as well as his freedom.