No sentence has been heard more often in Germany in the past week than the one that something must be done about migration. For many people and for a whole series of parties, it follows that the measures proposed by the chancellor candidate Friedrich Merz, …
If there were any doubts about how closely the libertarian Argentine president is working with the no less libertarian International Monetary Fund (IMF), they have now been dispelled.
Kristalina Georgieva, who calls herself managing director of the IMF, posted X a picture and a short text that show better than a thousand words the kindred spirit of the two people depicted. …
That was a strong piece. Donald Trump used his inauguration speech to tell the rest of the world that his America doesn’t give a damn about what happens in other countries and to the world as a whole. ‘Splendid Isolation’ was the term used in the past; …
The Financial Times reports in an interesting article on the Argentine currency strategy. Apparently, President Javier Milei has decided to focus on the so-called anchor approach in the fight against inflation. An anchor approach means that you try to manage your own currency against a stable currency such as the US dollar in such a way that the depreciation of your own currency is significantly lower than the inflation differential with the anchor country. …
