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USD Is Still King of All Currencies Despite Fears of It Losing Global Dominance

‘In the end, the USD’s centrality to the system of global payments also increases the power of sanctions it imposes on other countries or individuals. In truth, since almost all trade is done in American dollars, even trade among other countries, they can always be subject to US sanctions because they are handled by so-called correspondent banks with accounts at the Federal Reserve. By cutting off the ability to transact in USD, Washington can make it uncomfortable for those it blacklists to do business.’

Ágnes Hornung, Secretary of State, Family Policy, Hungary

‘Hungary continues to be an honest broker of family policy during the EU Presidency’ — An Interview with State Secretary Ágnes Hornung

‘Family policy will remain of utmost importance to us, as part of our overarching priority of demography during our presidency. It is clear that all of our societies are being reshaped by the challenges of demographic change. The Hungarian Presidency intends to examine demography from the perspective of competitiveness in a holistic way by including it in the agenda of almost all council formations,’ State Secretary responsible for families at the Ministry of Culture and Innovation Ágnes Hornung told Hungarian Conservative in a recent interview.

Ruling Party: Fidesz in Historical and International Context — A Review

‘Is dominance good or bad? What is the relationship between dominance and democracy? What are the main reasons for dominance? Concerning the last question, the authors argue that—besides the already investigated causes, such as the electoral system—five aspects explain Fidesz’s dominance: the view of the past, the image of the nation, the perception of democracy, leadership, and the party’s role in the party system (and in relation to the opposition). The central part of the book elaborates on these five aspects, focusing on Fidesz and two additional international examples of dominant parties in each chapter.’

Painting of Saint Francis Xavier, held in the Kobe City Museum, Japan

How Jesuit Missionaries Sought to Christianize the World

In the 16th century, the Jesuits took control of the higher education in Europe to properly instruct laymen not just in the tenets of the faith, but in other utilitarian subjects, such as mathematics and astronomy. Aligning with absolute monarchs who only sought to enrich their fiefdoms through colonization, the Jesuits, like St. Francis Xavier (1506-1552) and Matteo Ricci (1552-1610) expressed and lived out their voluntarist ideal by undertaking some of the most inconceivable missionary endeavors.

Israeli Prime Minister Benjamin Netanyahu (C) with his wife Sarah behind him, signs the visitor's book on the Great Wall of China at the Badaling Pass just north of Beijing, 27 May 1998

HAIKU States, Trade Leagues, and Hungary in the Multipolar Era

‘The HAIKU states present a novel approach to exploring and understanding how statesmen and national leaders can navigate a dynamically changing global political landscape, marked by shifts in power balances, evolving alliances, and heightened strategic competition.’

The leaders of Brazil, Russia, India, China, and South Africa meet at the annual BRICS Summit. New Delhi, India, 29 March 2012

The Rise of BRICS, De-Dollarization, and the Global Economy

In the short term, the process of de-dollarization is exploiting the current state of the business cycle in the US and EU. Just a small decrease in the number of transactions in which the dollar is denominated will cause a devaluation of the dollar and a prolonged state of higher interest rates in the US, together with quantitative tightening—all leading to a weakening of the economic position of the US, the EU, and the other G7 countries.

Museum of Ethnography and House of Music Triumph at FIABCI Awards

The museum, designed by Marcel Ferencz, received a gold medal at the FIABCI World Prix d’Excellence awards ceremony, one of the most prestigious international real estate developer awards. Another notable project within the Liget Budapest Project, the House of Music Hungary, designed by Japanese star architect Sou Fujimoto, also received an award.

Finding a Piece of Hungarian in Ourselves — An Interview with Melissa Katkó Pepin, Executive Director of the American Hungarian Foundation (AHF) in New Brunswick, NJ

‘I’m the Executive Director, but I also know that if there’s garbage, somebody must take it out. Similarly, I’m six feet tall, so if something in the back or on the top needs to be reached, I do it. When I was locked in the elevator once, the repairman showed me how to fix the elevator if I ever got stuck in it again. I am the chief bottle washer or the brain, the archivist, the curator when needed. I wear all these hats. Since I’m approachable, everybody feels they know me from different events in town. For some, I even became the face of the Hungarian community in New Brunswick.’

Euclid Mission’s First Scientific Results Reveal Universe’s Secrets

The first scientific results from the Euclid mission of the European Space Agency (ESA) have arrived, including five new images of the universe with unprecedented detail, which showcase the telescope’s capability to uncover the cosmos’ secrets; enabling scientists to search for drifting planets and use minor distortions in galaxy images to study dark matter and investigate the evolution of the universe. The Hungarian HUN-REN Research Centre for Astronomy and Earth Sciences joined the consortium this year.

Johann Wenzel Peter, Adam and Eve in the Garden of Eden / Adam and Eve in the Earthly Paradise (1800– 1829). Vatican Museums, Vatican City, Rome, Italy

History’s Relentless Turn

‘The emerging multipolar, multicivilizational world still needs and will be grateful to have a strong, rational, reliable, and consistent Western civilization…But for that to happen, common sense will have to rule us, and we must consign postmodern liberalism and the Cult of Woke to the trash heap of history.’

USD Is Still King of All Currencies Despite Fears of It Losing Global Dominance

‘Hungary continues to be an honest broker of family policy during the EU Presidency’ — An Interview with State Secretary Ágnes Hornung

Ruling Party: Fidesz in Historical and International Context — A Review

How Jesuit Missionaries Sought to Christianize the World

HAIKU States, Trade Leagues, and Hungary in the Multipolar Era

The Rise of BRICS, De-Dollarization, and the Global Economy

Museum of Ethnography and House of Music Triumph at FIABCI Awards

Finding a Piece of Hungarian in Ourselves — An Interview with Melissa Katkó Pepin, Executive Director of the American Hungarian Foundation (AHF) in New Brunswick, NJ

Euclid Mission’s First Scientific Results Reveal Universe’s Secrets

History’s Relentless Turn

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