Trying to figure out the rationale behind Trump’s “trade revolution”? Don’t bother, there isn’t one. It is rooted in delusion, yet the consequences are real, and already here for us all. What is coming has the potential to turn into a recession equal to the most destructive
Liberation Day is here. Trump has announced his tariffs targeting the US’s biggest trading partners, delivering one of the biggest blows to the global economy since the pandemic—and hitting the US especially hard.
Likely countermeasures will target the heart of the US economy: its service sector - including
US President Donald Trump underscored this week that he intends to impose 25% tariffs on EU imports, reinforcing his claim that the bloc enjoys unfair advantages in transatlantic trade. Trump even went on to say the EU was created “to screw the United States”.
Trump may be correct that the
One of the most disappointing characteristics of our 21st Century is that while we live in a high-tech world, billions are still struggling under cruel political systems.
Our century has seen many attempts to dethrone dictators. Surprisingly few prevailed. One exception was Ukraine, which overthrew Russian influence in February 2014,
Hungarian Prime Minister Viktor Orban, no stranger to political brinkmanship, went all in on Donald Trump’s election victory: a win that was by no means assured when he paid a surprise visit to the US in July.
Hungary currently holds the six-month rotating EU presidency, and Orban has repeatedly,
The outcome of Austria’s election is undeniably historic—not just for Austria, but for the whole European Union. The Freedom Party of Austria (FPO) is not the first far-right party to gain power in the EU in the 21st-Century, nor will it be the last, but it is unique
The war in Ukraine is a further nail in the coffin of the Pax Americana. Donald Trump began the dismantling of the US-dominated world order and post-WWII security apparatus, and now the job is being completed by Joe Biden.
After last year’s withdrawal from Afghanistan, the Western response – or
Despite the significant increase in China’s contribution to the Serbian economy in the last decade, EU countries’ investments in Serbia largely outperform those of the Asian economic powerhouse. Here’s how FDI from China is influencing Belgrades’ trade priorities, but outstanding questions over Serbia’s 5G rollout could make