Economy-inflation Illustration (Pixabay)

Curbed Inflation Spurs Confidence in Economy in Hungary

Hungary’s government has succeeded in controlling inflation following the economic challenges of war and the energy crisis. With the average inflation rate dropping to 3.7 per cent in 2024 and forecast to reach 3.2 per cent in 2025, the outlook brightens for families and businesses alike.

One of the dragons from The Nine Dragons handscroll painted by the Song dynasty’s Chinese artist Chen in 1244 CE. Museum of Fine Arts, Boston, Massachusetts, USA

Is Peak China on the Horizon?

‘As China’s growth rate already lags behind major emerging economies in South and Southeast Asia, such as Bangladesh, India, Indonesia, the Philippines, and Vietnam, and is predicted to be less than half of most of these in the second half of this decade, China’s aspirations to dominate Asia seem futile.’

Fidesz MP-candidate Dr Krisztina Csibi on 3 January 2025

Fidesz Wins By-Election in Tolna County in a Landslide

In a by-election called to fill the seat of deceased MP Árpád János Pótápi in the 2nd electoral district of Tolna County, Fidesz-KDNP’s candidate Dr Krisztina Csibi won by 44.5 points. Three years prior, in 2022, Fidesz’s nominee won by ‘only’ 35.4 points. Péter Magyar’s Tisza Party did not even field a candidate, with Magyar dismissing the election as irrelevant.

Nayib Bukele (L) with Javier Milei in September 2024

The Vibe Shift in Europe

‘If Javier Milei can sack ten thousand bureaucrats, if Nayib Bukele can imprison ten thousand MS-13s, if Trump can buy Greenland and take back the Panama Canal—well, what else is on the menu?’

Trump Confirms Putin Meeting in Works, Raising Hungary-Led Pro-Peace Camp’s Hopes

US President-elect Donald Trump announced his readiness to meet with Russian President Vladimir Putin on Thursday, a statement reaffirmed by the Kremlin the following day. With a pro-peace administration set to take power in the United States and significant political shifts already underway in Europe, the pro-war EU is finding itself isolated in its unconditional support for Ukraine.

Italy PM Meloni: ‘Soros, Not Musk Is a Threat to Democracy’

Prime Minister Giorgia Meloni of Italy defended Elon Musk at a press conference in Rome yesterday, asking the reporters: ‘Is the problem that he is rich and influential, or that he’s not left-wing?’ She also said she believes Musk is no threat to democracy, George Soros is.