It’s rare for a day to pass in Europe without some brand or e‑shop going bankrupt — crushed by cheap competition from Asia. I won’t dissect how well European producers are protected from low‑cost imports, mostly from China. It’s obvious the protection is insufficient, even though the relevant authorities seem to be trying. But progress…
This famous Hamburg district is far more than just brothels and red lights, as many might imagine when they hear its name. St. Pauli has many faces, all defined by openness, tolerance, and the feeling that “everyone belongs here.” For me personally, that’s doubly true. In the Czech Republic, I grew up just a few…
The world, and Europe in particular, watches in horror as Trump dismantles and violates rules and international treaties that have been built over decades. His latest move is an undisguised intention to annex Greenland to the United States at any cost. What is the real reason behind Trump’s obsession with acquiring Greenland? Security Trump justifies…
At the time of the Brexit referendum in 2016, professional economists and academics, as summarized by the IMF, predicted that Brexit would cost the UK around 4% of GDP in the long term. It turned out this was an underestimate. New research from the highly respected National Bureau of Economic Research has found that the…
