You may have heard the recent news that Fitch, one of the major credit rating agencies, downgraded the USA’s credit rating from AAA to AA+. This news has already sent shockwaves throughout the world. But what does a lower credit rating mean? Is the panic justified? And if you invest in the US, should you […]
A few months have passed since Brazil’s recent tremendous political earthquake: The local public opinion turned sharply in a completely different direction, and Brazil’s former president Luiz Da Silva (Lula) rose to power once again. Was this shift good for the Brazilian economy? The results speak for themselves: A few weeks ago, the Brazilian Bureau […]
Hosting a major-scale event such as the FIFA World Cup, as Qatar currently is, is a great pride for any country, but it can also be quite a burden. In preparation for an event of this magnitude, many countries have to construct multiple structures that were not needed before it and are likely not to […]
King Charles III has recently inherited a crown, but not only that. He is now also the owner of The Crown Estate, which holds many vast and expensive land portions throughout the UK. Nevertheless, these lands do not exactly belong to him. Most of us think of the British royal family as a decorative accessory […]
In many aspects, the world has already returned to its economic tracks. However, to me, it’s clear that some mindsets we carried with us during the last two years are still with us, and in my opinion, they are here to stay. I’m talking about, for example, the rush after safe havens. This means seeking […]
