The second most important reserve asset in the world is no longer the euro, nor any of the BRICS bloc currencies, but simply gold. News of the yellow metal’s success recently swept through economic outlets around the globe, sparking joy in some and frustration in others. It Was Bound to HappenThanks to steadily rising prices…
The measures chosen by Donald Trump to address the trade deficit crisis may be controversial, but in practice, he had no other choice. One of the most characteristic images from Donald Trump’s first presidential term, remembered around the world, is the one showing him seated among outraged Western leaders. The photo was taken during the…
The phrase “catching up to Japan,” often celebrated in Polish media, is certainly music to the nation’s ears. However, it doesn’t hold up when measured against most key economic indicators. The concept of creating a “second Japan” was first voiced by Lech Wałęsa back in 1980. At the time, it sounded like a fantasy. Japan…