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O n July 15, 2015, the Bank of Canada dropped interest rates to a mere 0.5 percent, further decreasing the value of the Canadian dollar, allowing it to reach 2009 levels- the last time the country was in recession. Officials have steered clear from employing the ‘R-word’, but pessimistic predictions for this year’s GDP growth Read More…
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For over fifty years, Germany hoped that a conciliatory approach predicated on close economic ties, and diplomatic and cultural rapproachement in its Russia policy – commonly known as Ostpolitik – would warm Russia to the West. Two Russian invasions of Ukraine and many sanctions later, it has become abundantly clear that Berlin’s orthodox policy towards Moscow has Read More…



