One Euro Italian Properties: Do Villages Benefit?

By Charlie Whiteley Every month or so, another story of an Italian offering one-euro homes pops up on Facebook. Usually, the story is met with excitement, and shows comments such as, “[Friend’s name] we should buy this!” or “There’s no way this is real!”. Outside of the occasional news story, not much is known about the scheme. For those who buy these houses, is…

Can we use financial fraud to assess the health of economy? (A financial pyramid that challenged Russian leadership in the 1990s) – Part II

By Rasul Bakhshaliyev, Among numerous [RB1] fraudulent schemes that were not supervised by Russian financial regulation agencies, why was it that Mavrodi’s pyramid was the most successful allowing him to become a potent force in Russian politics? The toughest period for a financial pyramid is the first two-three months. This is the period when Mavrodi built…

The Mesut Ozil Controversy: How Arsenal’s Response Explains Politics in Modern Sports

By Charlie Whiteley China’s strict censorship policy has again challenged the values of a major global brand. Arsenal Football Club player Mesut Ozil recently spoke out against the Chinese treatment of Uighur Muslims on Twitter, landing both Ozil and Arsenal in serious trouble with the Chinese government. China’s response has been characteristically swift and efficient, with Arsenal…

Aldi and the European Disruptors of American Markets

By Charlie Whiteley German grocery chain Aldi is expanding rapidly in the United States and finding equally rapid success. It has doubled its number of stores over the last 10 years, totaling around 1,900 stores. The company is currently amid its five-year plan to become the third largest grocery chain in the US by 2022, a dramatic change in the market. Given…

The Americanization of European Football

By Charlie Whiteley For decades, football clubs across Europe dreamt of competing in the UEFA Champions League, the most prestigious club competition in the world. However, after the introduction of the UEFA Conference League in 2021, this dream will all but fade for Europe’s smaller clubs. On September 24, 2019, UEFA introduced the controversial new third tier competition at…