Recent Posts

Macron’s Muddled China Outreach – Analysis

Just when it seemed the European Union was finally achieving strategic coherence as a global geopolitical actor, French President Emmanuel Macron’s recent visit to China has shattered that myth. The French president and the head of the European Commission, Ursula von der Leyen, headed to China last week, hoping to …

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Credit Suisse Bailout: Swiss Parliament Complains In Vain

The government’s handling of the Credit Suisse meltdown was rejected by a frosty parliament this week during an extraordinary session on the historic UBS takeover. But the vote against the rescue plan has no legal consequences and has been all but ignored by financial markets and international media. On March …

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Why Do Most Countries Have Their Own Currency? Governments Wanted It That Way – Analysis

Among the many facts of modern life that are accepted without question by most ordinary people is that it is somehow perfectly natural, expected, and unremarkable that every sovereign state should have its own currency. We see this everywhere in names such as “the U.S. dollar” or “the Chinese yuan” …

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