Can Greece Dodge Another Debt Crisis?
The Greek government has the cost of its current debt under control. However, what gives cause to worry is its soon-to-come need to build up new debt.
The Greek government has the cost of its current debt under control. However, what gives cause to worry is its soon-to-come need to build up new debt.
Today, the unitary ideal is dead, and factionalism is baked into any serious understanding of British politics.
The defenders of human dignity are clenching their teeth at the implacable scenario unfolding before their eyes. It is written, euthanasia will pass. For the moment, the vast majority of the French political class is silent on the matter.
In an analysis of the Ukrainian army’s counterattack, I discuss its use of an ancient eastern battle tactic in a way never seen in Europe before—and its strategic use of mistakes made by a careless Russian leadership.
When a currency depreciates, it can lead to a self-reinforcing outflow of capital—especially when the depreciation is unprecedented. The euro has never been this weak against the dollar.
Patriotism and the attachment to national products are not the only reason American giants have failed in Italy. The local offer persists, because it is genuinely superior in every way to the foreign offer, and marketing snobbery is not enough to overcome this obstacle.
Conservatives have tended to mistake politicians touting ‘individualism’ and ‘economic liberalism’ for champions against ‘wokism.’ Madrid’s Díaz Ayuso is a clear example.
We should be fueled by a smart and hopeful attitude. It is no coincidence that hope is one of the three theological virtues in Christian tradition. It teaches us that however difficult our circumstances are, we must never fall into despair.
At the EU level, environmental policies are mostly being continued as if there were no Russian invasion of Ukraine or large-scale energy crisis.
While it is correct that a recession is defined by two consecutive quarters of declining GDP, it is not correct that the American GDP declined two quarters in a row. Unfortunately, all the economists and analysts who made the recession call were wrong.
Today’s Russia is not yesterday’s Soviet Union. What Putin does to his country is unacceptable, but unlike the leaders of the communist state of the last century, he does not have an ideology that compels him to eliminate the economic and political system of the West.
The authors argue that the high courts of the Council of Europe and the EU are actually more ‘conservative’ than the Supreme Court of the United States on almost every polarising topic today.
Health is to the political class what money is to bankers: an inexhaustible source legitimation of their exercise of power.
Language is the first domino in the war over reality—and pronouns have nothing to do with politeness and everything to do with ideological submission.
Where the rest of the world’s leaders seem intent on impressing us with themselves, she appears to respond in the opposite manner—with quiet duty.
Government says that a person is not alive until deep into the pregnancy. The motive is instrumental: when we legally sever the beginning of life from conception, we allow for another moral value to be elevated above life itself. That moral value works as an ulterior motive for the legal definition of life.
We are in a situation in which a democratic decision-making process has been abandoned in favour of deferral to the ‘experts’ chosen by the media. This cannot be good.
Nobody knows the war hawks in Moscow better than the Ukrainians, living as they do in the ominous shadows of Putin’s birds of prey. But the Russians are not the only ones throwing war-stirring rhetoric around.
Senior clergy persistently talk about the primacy of ‘pastoral care,’ implicitly presenting themselves as exemplars. Now they refuse to extend such care to those who want nothing more than to worship God as did their forefathers in the Faith.
Does any government actually need more funds than it already has?
Government has a negative impact on the economy through spending, taxes, and its budget deficits. The most hard-hitting impact does not come through taxes, as conventional wisdom suggests, but through spending—spending governed by ideological preferences, which determine what money is spent, where, and when.
The UN Security Council meeting followed multilateral talks with the Taliban in Oslo, designed to illicit human rights assurances from the Islamist extremists in exchange for releasing needed liquidity and aid money into the country. With Norway as host, a 15-member contingent of the Taliban, humanitarian aid groups, and diplomats from the U.S., UK, and France, met for three days of closed-door sessions at a hotel outside the capital.
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