COVID-19

Global Spectator, by Andrés Ortega No Merkel: Europe’s opportunity?

As Chancellor of Germany Angela Merkel has dominated European politics for four terms, 15 years, many of them complex and fraught. Sometimes bravely, at other times less so; more as a tactician, a crisis manager, than as a strategist, lacking a true vision, albeit a tireless worker, studious, intimately [...]

Spain and Italy should cooperate more to make a stronger EU

Traditionally, cooperation between the two big economies of the South of the European Union (EU) has consistently failed to reach its potential. Oftentimes, this has been due to ideological discrepancies among the respective heads of states. However, Spain and Italy should form a strong partnership in overcoming the current [...]

The end of the world pre-COVID: what do the 2020 results of the Elcano Global Presence Index tell us?

Today we are launching the 2020 edition of the Elcano Global Presence Index. This 11th edition does not yet reflect the effect of the pandemic, so, in a sense, it can be considered a description of the world before the eruption of the pandemic. A world that had, however, [...]

Soft power put to the test

Just a few weeks ago, China’s president, Xi Jinping, called for a more “loveable” image for China during the Chinese People’s Political Consultative Conference which was held at the beginning of June. Xi Jinping aims to revamp its country’s image, and “expand its circle of friends”. Chinese president told [...]

Global Spectator, by Andrés Ortega New global public goods and evils

Although its origins go back earlier, the idea of global public, or communal, goods has sparked new interest and relevance with the pandemic, especially in the context of vaccines, but also given the new impetus aimed at restoring the environment and securing a fairer global taxation system for large [...]

Global Spectator, by Andrés Ortega Re-globalisation with hiccups

It was once thought that globalisation would integrate everything into complex and varied supply chains, thereby avoiding the need to stockpile parts and materials. It was the age of “just-in-time”, invented by Toyota. But with the pandemic and other catalysing factors, the situation has changed: we are no longer [...]

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 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 [...]

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