The Risk in Not ‘De-Risking’ with China

‘There is also a way to deal with the world’s largest economy, for the US Dollar (USD) is not going to decline anytime soon. Those who claim that the USD is in decline often argue that for centuries, reserve currencies have risen and fallen in tandem with their home economies. As the US’ share of the global economy diminishes, economists argue, so too will the USD and its global hegemony. A fascinating yet hardly conclusive argument since there has never been a dominant global reserve currency prior to the USD. Quite the contrary, the USD is the only currency ever to have played such a pivotal role in international commerce.’

Hungary Can Expect a Great Tourist Season, Tourism Agency CEO Says

In a recent interview with business news site Világgazdaság, Hungarian Tourism Agency CEO Péter Horváth highlighted that the number of guest nights booked by foreign visitors to Hungary is on the rise, while domestic tourism has shrunk, which is in line with international trends in the industry. On the whole, however, the total number of nights booked has increased by four per cent in the first five months compared to last year.

Soros NGO Network Taken Over By 37-Year-Old Alex Soros

Alex Soros will be heading the Open Society Foundations from now on, taking the position over from his 92-year-old father, George Soros. In a recent interview, the new chair claimed he is ‘more political’ than his father, and that he will make abortion and voting rights his top priorities.

Israeli Foreign Minister: ‘Hungary is One of Israel’s Closest Allies in the EU’

During his visit to Hungary, Eli Cohen also participated in the unveiling of the statue of Árpád Weisz, a Hungarian-born soccer player who coached Inter Milan and later Bologna before perishing in the Holocaust. The bronze statue was unveiled by Eli Cohen and Gergely Gulyás, the head of the Prime Minister’s Office, together with Sándor Csányi, the head of the Hungarian Football Association (MLSZ), and Giuseppe Saputo, the chairman of the Bologna football club.

Was the British Empire essentially racist, as the Nazis were essentially antisemitic? — Nigel Biggar on Colonialism and the Ethics of Empire

Nigel Biggar’s recently published book titled Colonialism: A Moral Reckoning is a Sunday Times bestseller. The book is a unique analysis of Western colonialism, and a sober assessment of all the bad and good that the British Colonial Empire stood for. Without hiding the injustices and violence committed by the Empire, Nigel Biggar argues that the Empire was not the embodiment of pure evil.

Conservatives of Europe Come Together at Budapest Seminar

According to Fidesz deputy group leader in the Parliamentary Assembly of the Council of Europe Zsolt Németh the future of conservatism in Europe is bright, as right-wingers on the continent are ‘coming closer together’; and that therefore the slogan of the Budapest seminar could rightly be ‘Conservatives of Europe, unite!’

Anti-Semitic Incidents on the Rise in Western Europe and the US, on the Decrease in Hungary, MCC Study Finds

Referring to the European Union Agency for Fundamental Rights’ (FRA) 2018 survey, Máthé raised attention to the fact that hostility, threats and psychical attacks against Jewish people are most commonly reported in France, which has the largest Jewish community in Europe. However, despite having a significantly smaller Jewish population, Sweden is also considered an unsafe place for Jewish people. As opposed to that, Hungary, with a Jewish community almost three times larger than that of Sweden, records far fewer incidents—the number is between five to eight times lower compared to the Scandinavian country.

Meet your Heroes: Madame Tussauds Opens in Budapest

According to the organisers’ statement, the 24th Madame Tussauds production in the world brings 51 lifelike figures and their corresponding installations to the audience. The attraction features 17 Hungarian celebrities created exclusively for the Budapest production in Madame Tussauds’ workshop near London.