According to data from the Bank of Spain (BdE) released on Friday, the debt of Spanish public administrations as a whole rose in Q1’21 to 1.392,733 trillion euros, a record high. This figure represents 125.3% ofof Spain’s Gross Domestic Product (GDP). In the last year, public debt has increased by 168.213 billion euros, which represents an increase of 13.7%. It should be recalled that at the end of 2020 this…
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European Views | Alexander Lukashenko’s latest gambit was too outrageous for European policymakers to ignore. The EU rushed to react after the Belarusian dictator scrambled fighter jets to intercept a Ryanair flight between Athens and Vilnius to arrest dissident journalist Roman Pratasevich, banning Belarus-flagged carriers from European airspace and plotting a fresh round of sanctions. European policymakers have roundly condemned the abuse which Minsk subjects its detained opposition figures to—but unfortunately, they have not been as swift to fight for the rights of political prisoners in other parts of the world.
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Nicolas J.S. Davies | Around the world, we are witnessing what can happen when people rise up and act collectively for the common good. That is how we will solve the serious problems we face, from the COVID-19 pandemic to the climate crisis to the terminal danger of nuclear war. Humanity’s survival into the 22nd century and all our hopes for a bright future depend on building new political and economic systems that will simply and genuinely “do what is best for all of us.”
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“Traditionally, financial services were provided by banks – in many countries three or four institutions have 80 or 85% of the market, and they do not always have a focus on financial inclusion – but that is no longer the case and there are new providers, such as ‘ANT FInancial’ in China or ‘Mercado Libre’ in Latin America, which started with payments and now offer a wide range of services. That is why open banking is important for the World Bank, because it favours competition and financial inclusion”, says Nuria Aliño, advisor to the World Bank.
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Pablo Pardo (Washington) | Kenneth Fisher has been in the investment fund industry for more than four decades. His fund management company Fisher Investment, had $139 billion under management as of 31 March, while his personal fortune amounted to $5.4 billion as of 30 April, according to Forbes magazine.
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