In 2017, Hungary’s ruling Fidesz party, led by Prime Minister Viktor Orbán, passed a law banning foreign-registered universities that do not offer courses in their home country, a move that seemed to target George Soros’s Central Europe University (CEU).
Two years ago, Zhou Xiaochuan, then China’s central bank governor, told a press conference at the 19th Communist party Congress in Beijing that too many procyclical factors in the economy and excessive optimism risked generating “accumulating contradictions that could lead to the so-called Minsky moment”.
As we enter a new decade, characterized by rising economic complexity and geopolitical divisions — U.S.-China tensions, populism and nationalism in Europe, and the looming risk of a global recession
News from Around the World
LONDON — Prime Minister Boris Johnson and his Conservative Party won a commanding majority in the British Parliament
FRANKFURT—The European Central Bank joined the Federal Reserve Thursday in pausing a wave of monetary easing, leaving its key interest rates unchanged at Christine Lagarde’s first policy meeting as the bank’s president.
The World Trade Organization is facing a major crisis as its appellate body loses its ability to rule on new dispute cases. The US has been blocking the appointment of new judges to protest the way the WTO does business.