Yearly Archive: 2016

Global Spectator, by Andrés Ortega And Western protectionism came to pass…in a world of digital flows

In the presidential primaries in the US, volley after volley has been fired against the opening up of American trade, albeit with nuances and more than a few provisos. Donald Trump proposes a 45% tariff on Chinese imports. Hillary Clinton, despite expressing previous support, now harbours serious doubts about [...]

Ukraine, Russia and the sanctions: ‘the good, the bad and the ugly’

Next July the European Union will decide whether it renews its economic sanctions against Russia. The sanctions are linked to the fulfilment of the Minsk II agreement, which contemplates a ceasefire and the introduction by the Ukrainian government of a parcel of constitutional reform measures designed to guarantee the [...]

Global Spectator, by Andrés Ortega Tax evasion and avoidance: a global problem

The revelations of the so-called Panama papers, comprising 11.5 million documents from the law firm Mossack Fonseca, have again brought to the fore the degree of corruption in certain countries and the problems generated by tax havens, some very close to Spain –in Europe itself–, and which neither the [...]

Spain’s failure yet again to meet budget deficit target strains relations with Brussels

The conservative Popular Party (PP) government widely failed to meet the 2015 budget deficit target agreed with the European Commission (EC), leaving a daunting legacy for the next administration, whenever there is one, further eroding Spain’s credibility and straining relations with Brussels which will be asked for more time [...]

Global Spectator, by Andrés Ortega An odd Dutch referendum on the Ukraine: another European crisis on the horizon?

The Dutch will be voting tomorrow, 6 April, in an odd referendum that could trigger another institutional crisis in Europe: the vote concerns the Association Agreement between the Ukraine and the EU, signed in 2014 and currently being applied only provisionally and in part. The opinion polls have alternated [...]

Global Spectator, by Andrés Ortega Brexit: possible political disasters

It is commonplace to talk more about the economic impact, but a British exit from the EU (so-called Brexit) could lead to a variety of political disasters. First, Ireland This would be the country most affected by Brexit, due to the impact it could have on the Ulster peace [...]

Global Spectator, by Andrés Ortega China viewed from Japan: weakness with stability

Last year the word chosen by a company that annually nominates the most popular expression in Japan was bakugai. In English it translates as ‘explosive buying power’, referring to the Chinese tourists who visit Japan. If one sees young women dressed in kimonos (and often their male companions too) [...]

Is India the new China?

Maybe it is, but it could take a while in global presence terms. Following the episodes of financial turbulence and a cooling of growth rates and expectations in China, there is a rising debate on whether the other Asian giant, India, could now take the lead in several domains [...]

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