Will the Expansion of BRICS Dethrone the Dollar as the World’s Reserve Currency?
Despite BRICS countries’ impressive recent expansion and acquired regional and international leverage both economically and politically, the US dollar’s position as the global reserve currency seems unshakable at present…Upon examining the situation globally, it can be observed that 90 per cent of all foreign exchange transactions in the world were conducted with the help of the US dollar.
Viktor Orbán on 23 October: ‘History may overflow its banks again’
During his speech on the 68th anniversary of the 1956 Revolution and Freedom Fight, Prime Minister Viktor Orbán warned against foreign control, vowing to defend Hungary’s sovereignty. He emphasized the importance of national unity in the face of external pressures, and stated that Hungarians will not tolerate Hungary being turned into a puppet state of Brussels.
Let Us Remember Our Brethren in Nigeria
‘Aside from a rare or every-now-and-then post, hardly anyone in the mainstream media—this goes for our politicians too—speaks to us about the Christian genocide in Nigeria at the hands of Islamic fundamentalists. While Western politicians and certain of our own Catholic hierarchy are reticent, to say the least, to publicly speak about this—such silence is not only scandalous but inadvertently contributes to the persecution—our Catholic brothers and sisters are being slaughtered.’
ECHR Ruling Condemning Denmark over Deportation of Foreign Drug Trafficker Goes Unnoticed
In a ruling delivered on 12 November 2024, the ECHR condemned Denmark for deporting an Iraqi drug trafficker. The European judges established new principles in this case that could set a precedent and further limit States’ rights to deport foreign criminals. The ruling also undermines UN conventions on drug control.
Romania and Bulgaria to Join Schengen Area in Historic Deal Brokered in Budapest
With Austria’s veto lifted, Romania and Bulgaria are set to become full members of the Schengen area by 2025. The agreement was reached in Budapest under the auspices of the Hungarian EU Presidency, marking yet another success for the often-criticized presidency in recent weeks.
David Pressman Officially Announces His Departure
It’s official! As expected, US Ambassador to Hungary David Pressman has announced his departure following Donald Trump’s victory. Pressman’s tenure will be remembered for his persistent criticism of the Hungarian government, and his exit may signal the start of a new chapter in Hungarian–American relations.
‘The darkest hours come before dawn’: Orbán on War, Economy, and Global Politics
In a wide-ranging interview with Kossuth Radio, Hungarian Prime Minister Viktor Orbán addressed critical global and domestic challenges, from the Ukraine war and impending changes in US leadership to the ICC warrant against Benjamin Netanyahu, Hungary’s stance on peace, migration, and a realigned economic strategy.
Alexandra Szentkirályi Criticizes Budapest’s Drug Policy amid Worsening Crisis
Budapest faces a worsening drug crisis, with drugs cheaper and more accessible than ever, warns Alexandra Szentkirályi, leader of the Fidesz–KDNP faction in the capital city’s municipal assembly warned in a video posted on social media. She expressed harsh criticism of the city’s drug strategy, describing it as ‘pro-drug’ and covert drug liberalization, urging an immediate overhaul.
PM Orbán: ‘We are the living idea of Eurasia’
‘Europe must break out of this echo chamber, find its place in its relationship with Asia, and recognize that it is part of the Eurasian region. It must leverage all the advantages this position offers, because without doing so, we cannot compete with other global power centres,’ Hungarian Prime Minister Viktor Orbán warned at the Eurasia Forum in Budapest.
