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The so-called BRICS have become a formidable collective force with a shared ambition to reshape the prevailing global order and bring about a multipolar world where power is distributed more…

In the aftermath of the Cold War, a global village was emerging, driven by a belief in market power and the surge of globalization in the 1990s. Governments relaxed travel,…

Cars and trucks are polluting, dangerous, generate congestion and consume a lot of energy. Trains are clean, safe and energy efficient. A single convoy can replace up to 500 cars…

Introduction The UK government has cancelled its guarantees to a private lender – Greensill Capital – under the UK’s coronavirus support, without the obligation that was guaranteed having been discharged.…

In the past, Europe held a prominent position in the semiconductor industry, accounting for 44% of the global chip market share. However, soon after the turn of this century, manufacturers…

Free movement of people, i.e., the ability of individuals to move freely and without bureaucratic restrictions to the country where they want to live and work, could have a highly…

Every day, we are literally “bombarded” by media, politicians, experts and activists who teach us how to behave “morally” and what we must do to fight societal problems, such as…

Introduction The European Stability Mechanism (ESM) will now be backstop-of-last-resort to the Eurozone banking system, in addition to backstopping the Eurozone member states and the currency itself. Its resources have…

Trade protectionism involves restraining imports through various policy measures including tariffs, quotas, and subsidies to protect domestic industries from foreign competition. On the other hand, cronyism refers to the practice…

Speculative bubbles are not the product of irrational behaviour, as many tend to believe. When the price increase of given sets of goods or assets (bitcoins, tulip bulbs, houses, stocks)…