Currency

Sofia Celebrates Open Borders While Clinging to Its Currency

While Bulgaria finally dismantles physical barriers to Europe, a dilemma rises: the country opens its doors to travellers but locks its wallet against the euro currency.

From Balenciaga to Swatch: ‘Outrage’ as the New Ad Currency

Swatch joins brands using outrage as strategy: turning shock into sales. But fake scandals risk backlash that can destroy reputations.

Spain Overtakes Japan: Services Economy Writes New Economic History

Madrid's GDP per capita now surpasses Tokyo's for the first time as services boom, marking a seismic turn in the global economIc order.

Popular

Hollywood Takes Homer and Greece Pushes Back

Christopher Nolan had every right to reinvent Homer, but Greek frustration reveals what is lost when a living cultural inheritance becomes Hollywood spectacle.

Iran and Ukraine’s Wars Are Converging

Caspian strike on Iranian ship and warnings to Europe suggest two wars merge into one conflagration.

The US-Saudi Nuclear Deal Normalises Enrichment in the Gulf

The US-Saudi nuclear agreement may be civilian in name, but its enrichment provisions could persuade other Middle Eastern states that nuclear latency is becoming the region's new measure of power.

Greece Keeps Betting on Golden Visa Capital

Greece is preserving its golden visa programme because foreign capital remains valuable to its recovery, even as property investment worsens pressure on housing.

Andy Burnham Plans to Retax British Homes

Burnham weighs a property tax overhaul that could redirect who pays for Britain's homes.