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The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.
The debt of Rajoy and Sanchez

Spanish Politics 28th May 2018

Spain’s Motion Of Censure: Medium-Low Probability Of Being Successful

The Spanish government is facing a motion of censure. In the country’s parliamentary system, if one is presented it requires that an alternative candidate be put forward, who will certainly be the socialist Pedro Sánchez. The debate and the voting will be held on 31 May and 1 June, respectively. Considering the current composition of parliament, Bankinter’s experts provide below the three possible numeric combinations needed for the motion of censure to go through.

There are enough similarities between populist government in Italy and Syriza's developments in Greece

In Europe 27th May 2018

Greek Salad (Made In Italy)

Ioannis Glinavos via Macropolis | The creation of a populist government in Italy has sent shivers down the spines of those who have been following developments in Greece since 2015. Indeed, there are enough similarities to give rise to concern. The following discussion offers three key reasons why Italy (and Europe by extension) is about to head into some serious trouble.

 

The economic cold war between the US and China is here to stay

World economy 26th May 2018

Trump’s Trade War On China Doomed to Fail

F. William Engdahl via Caixin | Washington’s recent trade actions are aimed foursquare at China, not at the EU or other trade partners. However, the aim is not to reduce China exports to the U.S. The aim is a fundamental opening-up of the Chinese economy to the Washington free-market liberal reforms that China has steadfastly resisted.

The EC rejects Italy's budgetary plans

In Europe 25th May 2018

Why We Should Worry About Italy’s Coalition Talks

The two parties that are about to form the next Italian government are driven by a profoundly anti-democratic culture. Their claim to so-called direct democracy exercised via the web on a platform owned by a private company is not just a staple of populism, but an attempt to fuel general discourse against any party in the name of the people.

life belt rescue beach coast safety security help

In Europe 24th May 2018

Brussels proposes a new European bond (SBBS)

The European Commission (EC) could announce this week the details of a new sovereign bond, which would allow for progress to be made in the financial and banking union. According to the EC, it would provide greater financial stability both for governments and European banks in the face of future hypothetical financial crises.