The title of today’s letter can refer to many countries where the vested interests of politicians take precedence over decisions favorable to their constituents. I am going to talk about the crisis in the United States over the debt ceiling and the country’s ability to …
Image: Valery Sidelnykov on Shutterstock Juan Villoro Humanity is getting dumber and dumber, as evidenced by the international success of the Kardashians and the Mexican success of Acapulco Shore. Photo: Ali Pazani on Pexels This is not speculation but scientific fact. According to the “Flynn effect”, used to measure the collective level of intelligence, the …
Image: on Twitter/@RobinBrooksIIF Not everywhere; countries like Argentina still have three-digit inflation. Also interesting: Image: The Economist, shared on Whatsapp. Hence, the revaluation of their currencies vs. the US Dollar. Another interesting graph: Image: on Twitter/@pkedrosky. The perception is that AI is a force that will change the world. It will undoubtedly alter labor markets, …
Antonio Navalón In 1911, Winston Leonard Spencer Churchill – who then served as First Lord of the Admiralty – decided to change from coal to oil as fuel for the imperial naval fleet. And from that moment on, the whole world was configured with a …
Asia and the Pacific are a relative bright spot amid the more somber context of the global economy’s rocky recovery. As the chart shows, the region will contribute about 70 percent of global growth this year—a much greater share than in recent years, boosted by China’s Reopening. The …
With President Biden’s announcement that he will seek reelection in 2024, a new confrontation with former President Trump, who seems to be the Republican with the best chance of being his party’s candidate, is on the horizon. It is incredible that in a country of …
Antonio Navalón At three different times and in three other places on the planet in the past week, they highlighted the meaning of this strange situation that demonstrated how worn out the fundamental democratic principles and the harassment many countries suffer in their consolidation as …
China is taking an increasingly assertive role in world affairs, helping to restore relations between Iran and Saudi Arabia, offering a 12-point peace plan for Ukraine, and strengthening its relationships with European and Latin American powers. Last week, China continued its diplomatic outreach by offering …
GZERO World with Ian Bremmer Russia’s war in Ukraine has significantly increased the likelihood of direct confrontation with NATO. Moscow is rattling the nuclear saber, NATO just added 830 miles of territory on the Russian border, and tensions are higher than ever. Russia now sees …