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Economics & Business

Javier Milei’s Crypto Scandal

Javier Milei’s Crypto Scandal

22 Feb 2025
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Javier Milei, Argentina's newly elected president, is grappling with his first major scandal. On February 14th, he posted a message on X (formerly Twitter) praising a cryptocurrency called $LIBRA, claiming it would help fund "small companies and Argentine ventures." Within an hour,

Business at this week

Business at this week

22 Feb 2025
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In a rare public display of engagement with the tech sector, China’s leader, Xi Jinping, met with some of the country’s most prominent entrepreneurs, marking a significant shift in the government's stance toward an industry it once heavily scrutinized. Xi was seen shaking hands with Alibaba’s

Xi Jinping's Shift: Private Sector Revival

Xi Jinping's Shift: Private Sector Revival

21 Feb 2025
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Stockpickers rely on a specific set of skills—analyzing financial statements, understanding corporate strategies, and reading market sentiment. In China, however, they also need to interpret the shifting moods of Xi Jinping. Five years ago, Chinese regulators launched a sweeping crackdown on the

Russia’s Inflation is Soaring—But Does It Matter?

Russia’s Inflation is Soaring—But Does It Matter?

20 Feb 2025
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While much of the world has seen inflation cool, Russia is heading in the opposite direction. Consumer prices surged by 9.5% year on year in December, up from 8.9% in November, far exceeding the central bank’s 4% target. Food prices have been particularly volatile—fruit and vegetable costs have

Elon Musk Spells Trouble Consulting Cartel

Elon Musk Spells Trouble Consulting Cartel

20 Feb 2025
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At first glance, the current climate should be a golden opportunity for management consultants. The U.S. federal government is vast, its inefficiencies are well-documented, and the new leadership is eager to make drastic changes. President Donald Trump, alongside his appointed disrupter-in-chief,