Tesla stumbles, Buffett leaves, Venezuela tests markets
The year 2026 has started sharply: Tesla has lost its position as the leader in electric car sales to BYD, Buffett has retired, an…
Welcome to Statement
Financial markets in a year of plenty. Prague and silver surprised
Finding the best investment of the past year is like looking in the rearview mirror and telling yourself that's where the right pa…
The richest countries in the world in 2025: the Slovaks think they are worse off than the data says
Comparing the wealth of countries always brings some surprises. It does not automatically follow that high incomes mean a better l…
The year 2025 was amazing. Don't believe it?
The world is on fire. Or at least that's what it may look like from the TV screens. And indeed, many bad things are happening.
They will not use frozen Russian assets to help Ukraine. The EU has chosen the second option
European Union leaders decided on Friday to borrow money to finance Ukraine's defence against Russia for the next two years, inste…
How the European Commission wants to seize Russian assets in Euroclear
The idea is that this loan can only be repaid from Russia's war reparations to Ukraine. But since that will probably never happen,…
MEPs approve plan to end Russian gas imports
The legislation foresees a gradual phase-out of gas supplies over the next few years.
The year 2035 will not be the end of internal combustion engines. Pressure from industry and countries is changing the direction of Brussels
The European Commission on Tuesday presented a proposal that significantly revises its original plan to ban the sale of new cars w…
European Commission plan to transfer money from Russian reserves to Ukraine collapses
In Central Europe, Hungary, Slovakia and now apparently the Czech Republic are against it.
Brussels backs away from climate utopia. The internal combustion engine ban is shaking the foundations
Brussels is backing away from one of its most ambitious climate regulations. The European Commission is due to present a proposal …
Italian banks have the most unrealised losses on their balance sheets
One effect of the bursting of the debt bubble in 2022 was a dramatic fall in the price of debt issued in the past at low interest …
How property prices affect fertility
When discussing the decline in birth rates, rising property prices are often cited as the culprit. Is such a conclusion merely the…
When the Fed can't say no: politics, markets and the illusion of stability
The Fed cut rates even though the US economy does not need a bailout, thus supporting Trump. The path of the S&P 500 index to …
The EU has agreed to cut emissions by 90 percent. ETS 2's effective date has been postponed by a year
Five per cent of emissions will be offset by Member States paying non-EU countries to reduce emissions on their behalf.
Did Netflix take a big bite? The streaming service has taken over part of Warner Bros.
Surprisingly, the whole transaction has one strong opponent. It is US President Donald Trump.