Overnight, more details on the scale of the devastation caused by the wildfires burning in the Los Angeles region of California have emerged, with officials saying 10,000 structures have been destroyed across the two main fires, while estimates of losses continue to rise.Wildfires are still burning and containment percentages remains very low for the main … Read more
Advanced economies, and in particular China and the US, are engaging in a new technological arms race. China is trying to catch up technologically to the US and the US is doing everything it can to prevent that from happening. It perceives Chinese technological advances as a threat to its national security. Outbound investment screening … Read more
Hungary is often portrayed as a problem case for European integration due to frequent clashes between Viktor Orbán’s government and the EU’s institutions. Yet as András Bíró-Nagy and Gergő Medve-Bálint explain, the country’s 20 years in the EU have also seen a relatively high level of compliance with EU policies and strong support for membership … Read more
Earlier this week I wrote about how America is the envy of the world.1 There was plenty of pushback. Many Europeans pointed out we have plenty of other problems plus a far worse safety net than they do. Fair enough. There were also a lot of comments on inequality, even though I addressed that in … Read more
Chief Executive John Lee Ka-chiu announced an economic reform blueprint on Wednesday aimed at transforming Hong Kong’s traditional sectors such as finance, trade and shipping, and investing in new technology industries, while rolling out a bigger welcome mat for foreign talent and funds. In his third policy address since becoming Hong Kong’s leader, he also … Read more
