On the much anticipated 25th of December, 1991, the indifferent Kremlin observes the Soviet flag lowered as Mr. Gorbachev’s televised resignation speech marks an end to the soaring inflation, unprofitable private businesses and sarcastic fixed prices of the USSR’s planned economy. Whilst stagnation is at its worst, the government insists on its high military spending. These qualities might resemble Russia’s troubled economy today, as the war in Ukraine continues. This resembl

After more than 25 years of negotiations, the European Union and the Mercosur trade bloc, consisting of Argentina, Bolivia, Brazil, Paraguay and Uruguay, have taken a historic step towards a trade pact that could reshape global commerce. On January 9th 2026, the EU Council authorised the signature of the EU-Mercosur Partnership Agreement and an interim Trade Agreement, marking a breakthrough in discussions dating back to 1999. The agreement was formally signed in mid-January

When we think about deterrence, we often picture tanks, fighter jets, or nuclear weapons. But recent events in Europe show that money can be just as powerful. The Guardian reports that the EU has imposed its 19th set of sanctions against Russia, including a phased ban on Russian liquefied natural gas and restrictions on over 100 “shadow fleet” vessels used to bypass oil price caps. It’s a clear example of economic deterrence in action, where money itself becomes a weapon. At

For virtually all of the country’s democratic history, youth unemployment has plagued Spain. Its youth unemployment rate is the highest...

The Return of Stagflation: How The Cost-of-Living Crisis is Preparing a Vulnerable UK Economy to Face its Coldest Winter on Record. Could...