Economy & Finance

If one were to name a single issue that almost all European countries have in common, it would be increasing economic inequality. The subject has been in the spotlight also as a theoretical and historical question especially since the…

Thucydides once said, “It is not a matter of predicting the future but preparing for it”. After more than a decade of operations and now some six years into hard austerity Europe’s armed forces are not only unprepared, they are unfit for…

In 1957, at the height of Soviet power, Chinese leader Mao Zedong made a prediction. “It is my opinion that the international situation has now reached a new turning point. There are two winds in the world today, the East Wind and the West…

In September 2013, the newly-elected President of China, Xi Jinping, visited Kazakhstan and other Central Asian states. In his speech at the Nazarbayev University he presented the “Silk Road Economic Belt” project, which was followed by the…

Both the United Kingdom and Germany seem to have overcome the economic crisis as growth is picking up again in both countries, yet with some reservations in the German case as recent figures show. Although in the UK the economy is still…