At this year’s Shanghai car show, for the first time ever, new German cars like the Volkswagen ID7 and Mercedes Maybach EQS did not steal the show. The real stars of the show were innovative electric cars from Chinese brands, such as the eye-catching BYD Yangwang U9 hyper car, the... [Read More]

The mighty Credit Suisse, Europe’s most scandalous bank, has now been swallowed up by its rival UBS, ending their decades-long battle for Swiss banking dominance. This marks the end of an astonishing rise and fall story that traces its roots back to the bank’s role in transforming Switzerland into the... [Read More]

This is Italy’s Debt clock. And here a version that showcases Italy’s gigantic, ever-increasing debt to anyone who arrives in Rome via train. This clock is sending a clear message, Italy’s debt is a big problem. A message that is constantly repeated by politicians and journalists from frugal North European... [Read More]

1 year ago, an alliance of democratic states, led by the G7, responded to Russia’s invasion of Ukraine by declaring economic war on Russia. An economic war that wasn’t fought with weapons. But, with sanctions that would in the words of European commission president von der Leyen be imposing: massive... [Read More]

You are looking at the mighty U.S. Dollar, the global reserve currency which is helping the U.S. maintain the largest military in the world and gives it unmatched power to impose sanctions on its enemies. But, now two of the world’s most prominent analysts in economics believe that this might... [Read More]