Russia’s Banking Crisis Indicates Deep Rot
Since Elvira Nabiullina became chairwoman of the Central Bank of Russia (CBR) in 2014, it has closed or taken over more than 300 out of 800 banks. Nabiullina has won great accolades for her forceful actions to clean up the substandard Russian bank...
Fallout from German elections: What next for the European economy?
As anticipated, the Christian Democratic Union (CDU) Party won a plurality with 33% of the vote in the elections to German federal parliament held...
“I shall allow it:” Saudi Arabia’s drive to the 20th century
In a rare display of international unity, last week the world cheered the announcement by Saudi Arabian authorities allowing their female citizens...
Wages rise but will inflation follow?
The 2% wage growth in the Eurozone in the second quarter of 2017 has surpassed market expectations, a signal that the inflation rate could pick up...
Smarter Industry, Smarter Europe
A recent communication from the European Commission entitled Investing in a smart, innovative and sustainable Industry. A renewed EU Industrial Pol...
An Uzbekistan Spring
Late President Islam Karimov, who passed away last year, left Uzbekistan in a precarious economic state, including heavy governmental interference...
EU Asylum Policy after the German Election: The Case for Flexible Solidarity among EU Member States
In the campaign for the German federal election, schedule to take place on September 24, asylum policy has only recently entered the public debate...