Italy calls EU’s democracy bluff
MADRID | In Italy, as in other southern eurozone countries, citizens cannot believe there will be light at the end of the austerity tunnel.
elections
Italy’s Lombardian cross
Presseurop.eu | By Marc Semo | As the most populated and wealthy region in the country, Lombardy will play a key role in the outcome of the Italian legislative elections scheduled for February 24 and 25. However, troubled by the lack of ethics among politicians, the region’s all-important Catholic vote is more undecided than ever.
Obama reelected after razor-close race
New York correspondent Ana Fuentes explains just-reelected President Barack Obama his duties, at home and abroad. The (T) party is finished, it’s time to work.
Obama, Romney and squaring the deficit
Enric Fernández, in Barcelona | In spite of their differences, both candidates are aware that the country needs a credible adjustment plan. And, in fact, neither the United States nor the world economy can allow themselves to prolong, for too long, the uncertainty regarding the sustainability of the public finances of the world’s leading economy.
U.S. elections: lessons from the past
The US elections are surrounded by more uncertainty that ever before, and most of it comes from the Republican candidate. Mr Romney’s economic policies are an unknown-unknown.
Obama wins his first vote from Bernanke
Two months before the US general elections, the Federal Reserve activates a package of expansionary monetary policy that will artificially inject life into the US economy. Carlos Díaz sees this is a vote for Obama.
Show me the money: it’s voting time!
Mark Twain said once that The White House was the “best Congress money can buy.” In this battered economy, while millions of Americans are tightnening their belts, this presidential election is expected to be the priciest in U.S. history. Make a guess: how much do you think it will cost? The predictions by the Center of Response Politics (CRS), a nonpartisan research group tracking money in politics, are of almost…
America’s economic unhappiness
Two thirds of Americans feel suspicious or skeptical about their country’s economic situation. According to a Gallup poll, only 23 percent said they were satisfied with the way things are going in the United States, down from a 28 percent satisfaction rate last month. Three months before the presidential elections, figures and sondages are multiplying. We’ll certainly see numbers shift, popularity indexes soar and fall before the D-day, and both…
Paul Ryan, the man who wants to avoid “European sclerosis”
Interested in the world’s economy? There’s somebody you should meet. He doesn’t have an outstanding experience in the private sector but is determined to drastically cut U.S. government spending, boost market flexibility and avoid the “clouds” that are coming from Europe. If Republicans make it to the White House in november, Congressman Paul Ryan, Mitt Romney’s pick for vice president, will have a bigger say than the president. If not,…
How close is Washington from a fiscal cliff?
After months focused on the eurodrama, markets are starting to care more about the so-called fiscal cliff, a popular shorthand term used to describe the situation that Washington will face at the end of this year. Bush tax cuts are set to expire unless Republicans and Democrats agree on how to extend them and who would have to pay. This combined with $110 billion in defense and domestic spending cuts…