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liechtenstein finance forum highlights resilience amid global uncertainty and technological change
At the Finance Forum in Vaduz, Prince Max highlighted LGT's dominance in Liechtenstein's banking sector, managing over 80% of assets. Discussions ranged from geopolitical concerns to the transformative potential of AI in finance, while warnings about authoritarian threats in Europe were issued. Despite global banking uncertainties, optimism prevailed, with over 78% of attendees rating the financial industry's state as good or excellent.
economists criticize chancellor scholz for increasing state intervention in economy
Economists Veronika Grimm and Clemens Fuest criticize Chancellor Scholz"s economic policies, highlighting a troubling trend of increasing state intervention amid Germany"s economic crisis. They express concern over politicians disregarding scientific insights and note that even large corporations are advocating for a stronger state, deepening the cycle of intervention.