The ECB keeps repeating that it is on a path of monetary policy “normalisation”. But what is behind this phrase and why does the ECB like it so much? I argue that it currently functions […]
The EU must develop the capacity “to shape global affairs” and act as “architect of tomorrow’s world,” declared Jean-Claude Juncker, President of the European Commission during his “State of the Union” speech yesterday. The speech […]
What a lot is once again being written about the coming demise of the US dollar. The German Handelsblatt, for example, publishes an immense smorgasbord of arguments under the title “World currency on call: Why […]
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