Articles by Pablo Pardo

About the Author

Pablo Pardo
Pablo Pardo is Washington DC correspondent of El Mundo. Journalist especialized in International Economics and Politics.
Donald Trump

The Rule of Law Is In A Tight Spot In The US With Trump

Donald Trump is clearly interfering with corporate liberty, directly criticising on Twitter every investment the big companies make. But the question is that he functions by and for the cameras and hasn’t taken in what the rule of law is. So you can’t ask him to have respect for regulations and institutions. He will be sworn in today.



fiscal action in US

“The Good News Is There Is Room For Fiscal Action”

In the United States, there is absolutely no discussion about the independent nature of organisms like Florida’s State Board of Administration – SBA.  In fact, its director Ash Williams defends an increase in public spending, which is anathema to the Republicans with the exception of President-elect Donald Trump. He also affirms the US and many other industrialised economies need a responsible fiscal policy.



Trump's victory day

US: The “Trumpism” To Come

The big hope of political self-starters like Donald Trump are those voters without a university education, once members of the US middle-class, who accounted for 36% of the electorate in the last elections.


JJ-Ruiz

“A debt crisis in LatAM is still on the very distant horizon”

For the last four years, Jose Juan Ruiz has been chief economist at the Inter-American Development Bank (IDB), the largest multilateral development aid agency in the region, surpassing the World Bank. Despite the fact LatAm has suffered a massive shock, one of the biggest differences this time round compared to previous slowdowns is that the region has $600 billion of international reserves.


julius-sen

“There Are Loose Monetary Policies With Tighter Fiscal Policies”

Julius Sen, Academic Director at the London School of Economics thinks that “we have a flexible model. The market knows it and plays with it, forcing looser monetary policies and tight fiscal policies with the stability pact in Europe and the ‘sequester’ in the US.  Sen claims that “there will be debt reliefs in some eurozone countries.”


Federal-Reserve

US: New Year, New Interest Rates

It’s like a curse. Every time a central bank raises interest rates, it has to retract. Sometimes it’s because the move has been precipitative. Three weeks after the Fed decided to raise rates, oil prices and the Chinese stock market tumbled in unison and Wall Street started a correction. So had the Fed been too hasty?


dollars

Learning To Live With A Strong Dollar

From July 2014 to date, the dollar has risen by 17% and this increase is one of the reasons why the U.S. economy registered paltry growth of only 2% y-o-y in the third quarter. But the market thinks that the strong dollar is here to stay and it is becoming a factor that US policymakers must consider.