European Council Strives for Increased ‘Competitiveness’ on World Stage
Bloc’s own overregulation has made EU industries less competitive in its race with China and the United States.
Bloc’s own overregulation has made EU industries less competitive in its race with China and the United States.
The Bretton Woods System is “outdated, dysfunctional, and unfair,” the UN Secretary-General said at the G7 Summit in Hiroshima. Could this be the moment for CBDCs?
Financial markets are important to governments that need a lot of tax revenue to pay for their welfare states. The problem with taxes levied on financial markets is that they generate unstable revenue.
Several news sources have raised the volume about a possible systemwide banking crisis. I am not going to contribute to that. In fact, we should all be careful about determining whether or not such a crisis is at hand.
The €3.03 billion sale is intended to stave off a breakdown in confidence—following recent bank collapses in the U.S.—from spilling over.
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