Artificial Intelligence Is Rewriting the Rules of the Job Market
Investors are still betting on the AI boom despite rising oil prices and geopolitical risk. But in the US labor market, the first …
Author
Matěj Široký
Old Before Rich: When Factories Run Out of Workers
For decades, cheap labor helped turn emerging markets into winners of globalization. Now falling birth rates are beginning to unde…
The Silent Crisis: When the State Works but Society Weakens
Falling birth rates mask a deeper crisis. From South Korea to Uruguay, states may appear to function, but high suicide rates point…
Wall Street Celebrates a Ceasefire That Is Not Yet Peace
Markets are being driven higher by euphoria over artificial intelligence and the prospect of a deal with Iran. But the bill for th…
Wall Street Hits Records as Inflation Risks Mount
The disconnect is widening: AI-driven gains are pushing Wall Street to record highs even as inflation and the Iran conflict weigh …
Who Runs the World Economy: America Has the Dollars, China Has the Factories
China has surpassed the United States in real output, but its path to lasting economic dominance is a race against time, slowing g…
Forget Oil: Wall Street Is the Dollar’s Real Backbone
US hegemony is no longer anchored in oil alone, but in the gravitational pull of Wall Street. Global capital continues to favor th…
Washington Sells Victory, Beijing Sells Stability
The battle for the world is now fought in the mind. The winner will be the power that tells a more convincing story about the futu…
A Divided Federal Reserve Meets an Expensive AI Boom
For the first time in a long time, something other than the actions of US President Donald Trump were affecting life on the financ…
Tesla's Numbers Dazzle but the Deadlines Tell a Different Story
The markets continue to lean towards the optimistic scenario on the Iran conflict — a mood reflected in further gains for both the…
The Pope and the End of Pontifical Improvisation
The era of personal activism is drawing to a close. Leo XIV tempers the Francis revolution and returns a divided Church to institu…
God, Man and Machine: Leo XIV Confronts Artificial Intelligence
Artificial intelligence is no longer merely a political issue. The current pope sees it as an anthropological threat: if we hand o…
Trump, Apple and the Fed: Markets Look Past Iran
Investors remain strikingly calm despite the conflict in Iran. Attention is shifting instead to political uncertainty in Washingto…
Markets Price in Peace That Does Not Exist
Markets are rallying on hopes of de-escalation in the Middle East – but falling gas prices, low storage levels and collapsing ship…
Hungary’s Family Policy at a Turning Point
Peter Magyar is taking over the country with the same goal as his predecessor: raising the birth rate. Orban’s family policy was a…
The Orban Bill: When Grand Promises Meet an Empty Treasury
Magyar promises a painless clean-up after Orban. But with an empty treasury and a depleted EU, rescuing the Hungarian economy will…
Who Benefits from the Iran Crisis?
Iran is fighting for survival, Israel is operating amid chaos, and US influence is waning. The result is a return to an era in whi…
Wall Street Buys the Peace Illusion While Oil Markets Panic
Optimism keeps stocks high, but oil prices signal a long road to normality. Physical scarcity is reshaping the market.
Markets Shrug Off Geopolitics, Stagflation Risk Builds
Geopolitics no longer scares markets, but creeping stagflation poses a growing risk, compounded by investment advice from a presid…
Moon as a Billboard: How NASA Is Helping Musk to Riches
The Artemis II mission is not only a return to the Moon, but also the launch pad for history’s biggest stock market debut. While E…
Who Will Make Money on the Moon?
Returning to the Moon promises huge profits, yet the biggest winners are out of reach. Investors must choose between diluted aeros…
The Iran Conflict and the Waning of Pax Americana
The US strike on Iran is not a sign of strength but of decline. The era of the petrodollar and cheap energy is ending. For Europe,…
Iran Crisis Fuels Illusion of Calm as Oil and Gold Signal Inflation
The Iran ceasefire has calmed markets. Yet elevated oil prices and a paradoxical rise in gold signal the return of an old enemy: i…
To get rich in markets, read the White House’s mood
The markets may be dancing to Trump’s tune, but the real threats lie in a creeping economic shock in Europe and a bursting private…
China's New Five-Year Plan Is a Survival Manual
GDP is no longer the main priority. China's five-year plan goes beyond growth, aiming to build a more self-sufficient economy in a…
Jiang Xueqin on the future of American power
According to the renowned political commentator Jiang Xueqin, survival in a darker world will require a retreat from individualism…
Euthanasia in an ageing world: from right to die to duty to die
Astronomical care costs and a mounting demographic crisis are reshaping the debate over euthanasia, posing a disquieting question:…
Euthanasia: little business for pharma, big money in wealth transfer
Assisted dying is not a gold mine for Big Pharma. The real end-of-life business today lies with private bankers and wealth manager…
Markets lose faith in Trump’s grip on the Iran conflict
The turmoil surrounding Donald Trump’s handling of the Iran crisis is rattling markets and pushing Europe towards stagflation. Tra…
Three horsemen of a downturn: war, oil shock and debt
The Iranian conflict is not unfolding as expected. The operation is taking longer than Donald Trump – and the financial markets – …
Oil trades on screens as flows collapse at sea
The Strait of Hormuz crisis is not only a price shock, but a rupture between paper markets and physical supply.
Hormuz disruption: the hidden market shock
A blockade of the Strait of Hormuz not only halts oil flows from the Persian Gulf, but also disrupts less visible commodities. A q…
Le Pen’s movement stalls at the gates of the big cities
France’s municipal elections have shed new light on the political landscape ahead of the 2027 presidential race, with the old mast…
Markets shrug off Iran war, but bonds flash warning
While equities remain calm, the bond market is already signalling rising concerns over US debt.
Oil sets the tone, gold falls, bitcoin holds steady – something is out of place in the market
The war is escalating, central banks are holding back and equity markets are pricing in peace. Yet gold is falling against expecta…
France’s red line
Reproductive progressivism is hitting its limits. Opposition to surrogacy has united conservatives and feminists in France.
The business of motherhood
Surrogacy is turning the desire for a child into a cold business in which body, time and pain are bought and sold. Around the worl…
Central banks face inflation dilemma as oil shock deepens
The protracted conflict continues to push up commodity prices. The Fed has adopted a wait-and-see attitude, Australia is already t…
Oil at $130 would signal a looming systemic crisis
There is no doubt that the most closely watched chart on the financial market right now is the oil price chart. The markets are wo…
Iran's 47-year war against the West
Wars do not start overnight. The US strike on Iran is the culmination of decades of escalating tensions and will probably deepen i…
When the death of a dictator is not enough
Anatomy of failure: the West overthrew Gaddafi without a plan for Libya’s future. It thus left the oil-rich country to other playe…
Oil prices threaten US president Trump's war with Iran
An oil price at $120 per barrel is problematic for Donald Trump. As soon as the price reaches that level again, the US president w…
Oil as a weapon: Iran puts pressure on the West through the global economy
The oil shock from Iran is once again raising fears of inflation. The smoldering private debt crisis is contributing to a perfect …
The End of the Liberal Illusion
The American liberal order is collapsing. If the West is to endure, it must seek not salvation in utopia but a sober revision of i…
A two-speed Europe: Orbán’s lone strategy
The bitter truth is that the European Union as a whole cannot be reformed. Today even Europe’s leaders recognise that they cannot …
The Oil Curtain: how the Druzhba pipeline divides Europe more than borders
The shutdown of the southern branch of the Druzhba oil pipeline has revealed that today's geopolitical dividing lines do not follo…
War in Iran: strong dollar, weak Europe and nervous Asian markets
Investors appear increasingly accustomed to geopolitical shocks. US markets respond with brief sell-offs and a stronger dollar, Eu…
Oil prices rise after attack on Iran – still far from historic highs
Iran does not even need to declare a formal blockade of the Strait of Hormuz or attempt to mine it. Shipping traffic through the n…
Markets grow uneasy over duration and scope of Gulf conflict
The extent of the market impact depends on two unknowns: the duration of the escalating conflict in the Gulf and how many countrie…
The beginning of the end in Ukraine and Russia’s battle of narratives
Should the guns fall silent, another battle will begin. As the world argues over who won, Russia will claim victory. A harsher dem…