Portugal – DEMAGAGA

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The Rise of Macau: How the World’s Gambling Capital Transformed Itself

Macau, once a colony of Portugal and only handed back over to China a little over a decade ago, is the gambling capital of the world with five times the annual gambling revenue of Las Vegas. Benjamin Carlson’s Broken Tooth and New Macau for Foreign Press is a tale of gambling, organized crime, and urban resurgence that uses […]

Bond Prices on the Rise in Europe as Fears of Contagion Spread Across the Euro Zone.

European Commission President Manuel Barroso says that the euro zone is facing a “systemic crisis,” while Prime Minister of Luxembourg Jean Claude Junker reiterated his call for the formation of euro bonds to save the continent from economic calamity. The interest rates on bonds rose dramatically in France, Belgium, Austria, Finland and the Netherlands, demonstrating lack […]

European Pessimism and German Ambitions: Reasons for Worry?

The recent financial crises spreading throughout debt heavy European sovereigns has called into question the viability of the common currency and the whole European project. In its initial stages, the European Coal and Steel Community was proposed by French foreign minister Robert Schuman on May 9, 1950 as a way to prevent future war from […]