Biden Administration

COVID-19: lockdowns, recession and… a new stock market bubble?

2020 has been a year marked by the outbreak of COVID-19, lockdowns and a deep recession in the world’s economy. Yet, after a first pandemic-driven low in March 2020 the Nasdaq had risen 100% towards the end of January 2021 and, along with the S&P 500 and the Dow [...]

Global Spectator, by Andrés Ortega From Afghanistan to China: the pathology of victory

On September 11 this year the longest war ever waged by the US will come to an end, in a phase involving both the US and NATO, following the withdrawal announced by Biden, 20 years after the al-Qaeda attack on the Twin Towers and the Pentagon. Lest there be [...]

Global Spectator, by Andrés Ortega US-EU: political convergence, economic divergence

The political and geopolitical convergence between the new Biden Administration and the EU and its member states is starting to become evident. But economic divergence may be emerging at the same time, with the US pulling ahead, as a result of the manner of tackling recovery from the COVID-19 [...]

Global Spectator, by Andrés Ortega Economic patriotism: understandable but dangerous

The expression is not new, but it has re-emerged since the pandemic alongside a new prudentialism, protectionism and nationalism, and has impinged on imports, investments and even vaccines against COVID-19. Trump’s ‘America First’ (backed by a host of decrees and executive orders) has been replaced by Biden’s ‘Buy American’, [...]

Global Spectator, by Andrés Ortega China, the US and the EU: three ways of confronting Big Tech

There is a general mobilisation on the part of states and governments against the power of Big Tech, the great technological monopolies or oligopolies, from the US, cradle of these corporations in the West, to Brussels (and London), but also China. The World Economic Forum, in its latest Global [...]

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