Month: October 2015

As if Europe did not have enough problems to deal with before the refugee crisis, it is now faced with an even greater challenge: To deal with millions of underqualified migrants.

The challenge for Europe’s societies is to ensure that those migrants coming in will not remain welfare-dependent forever but find a way into productive society quickly. On that front, unfortunately, there is just not much reason for optimism.

What would have been unthinkable even a few months ago now looks like a plausible scenario: Merkel’s chancellorship may be drawing to a close sooner than anyone imagined. And she would leave her country with a burden instead of a positive legacy.

What if New Zealand’s towns and cities had the freedom to deviate from national legislation?

George Osborne, the Chancellor of the Exchequer, delivered nothing short of a revolution to the way that Britain is governed. A radical devolution of power and money from central government in London to the cities of the UK has begun.

Good ideas are more powerful than political posturing. I presume David Cameron would not call his Chancellor’s views insane now.

The result of the Portuguese election suggests tough reforms and fiscal austerity can eventually pay off – politically and economically.

Volkswagen’s share price crash shows that markets are working. Companies behaving unethically ultimately face the toughest judge there is: their customers.