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For all the confusion about Syria’s civil war, there’s no doubt about the big loser – the Syrian people. But nearly every regional power that has intervened to advance its own interests has also paid a heavy price, as has the European Union, a not-so-innocent bystander. For now, the most likely winners are the former Cold War antagonists, the United States and Russ...
Dr. Samir Nassif
At the end of November, the International Monetary Fund (IMF) announced that from October 2016 the Chinese yuan will be part of the basket of currencies that defines the Special Drawing Right (SDR), the accounting unit the organisation uses to carry out financial operations. The immediate practical effects will be minor. Being part of a unit of account means all bu...
Professor Enrico Colombatto