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Opinion: Liechtenstein’s use of blockchain may upend the finance industry
One of Europe’s smallest states is writing a whole new book on harnessing the potential of blockchain technology to modernize the finance industry. There are still challenges to tackle, but the innovative legalization and approach to implementation could give the Principality of Liechtenstein pole position in this race.
Cryptocurrency: A store of value for the current crisis?
Now that the global economy is in deep recession, investors are looking for crisis-proof stores of value. Cryptocurrencies are a new class of assets that could fulfill this need. Several European countries have already created or at least started to consider the legal frameworks necessary to institutionalize this innovation. One ...
A rocky start for “the deal of the century”
The unveiling of the $50 billion U.S. investment plan to secure peace in the Middle East by improving conditions in the West Bank and Gaza met international skepticism, and virulent opposition from the Palestinian authorities. But for President Donald Trump, solving the conflict none of his predecessors could would gain ...
South Africa’s new leader launches plan to accelerate growth
Following South Africa’s “lost decade” under the chaotic, often controversial leadership of former President Jacob Zuma, his successor faces challenges that are both daunting and delicate. President Cyril Ramaphosa needs to restore basic functionality of the South African state while its ruling party, and its multiethnic society, are increasingly divided ...
Renzi’s tinkering with jobs shows a changed mood in Europe
Prime Minister Matteo Renzi promised to turn Italy inside out, jump-start economic growth and reduce unemployment. But during almost two years in office, he has introduced only one significant economic reform, the so-called “Jobs Act.” The outcome has been mixed, and certainly below expectations. This does not mean Mr. Renzi ...
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