Transatlantico

– by Paolo Balmas – leggi l’articolo in italiano qui In a recent article published by the bimonthly journal Qiushi, which covers the Chinese Communist Party’s (CCP) economic and political theories, it is stated that large state-owned enterprises are the backbone of China’s economy and that they must be strengthened and expanded while remaining state-owned. […]

The European Commission has presented its proposal to reform the Stability and Growth Pact after months of discussions among the member state governments. Time is running out to reach an agreement, as the Pact, which sets specific limits on deficits and debt, is expected to come back into force in 2024, after its suspension in […]

What a difference a year makes. In the spring of 2021, Joe Biden was seeking to further expand government spending with both direct aid to the population and long-term investment, aiming to have an impact in line with former presidents such as Franklin Roosevelt and Lyndon Johnson. He had de facto embraced the marked turn, […]

One month after the start of Russia’s invasion of Ukraine, US President Joe Biden went to Europe seeking to maintain unity in the transatlantic response to the war, managing the difficult task of escalating without approaching the line that could trigger a direct conflict between NATO and Russia. It is a balancing act that the […]

The divisions in American society have grown to record levels in recent years, the result of a process of polarization that has taken place faster than in other democracies. We have heard a lot about “populism,” “tribalism,” and in general the notion that cooperation across different groups is becoming impossible. In US politics, personal attacks, demonization, […]

Andrew Spannaus for Aspenia online: To counter the effects of the Covid-19 pandemic, the United States Congress has approved spending packages totaling close to $6 trillion, and President Joe Biden is now pushing for even more, aiming to pass both the $1 trillion bipartisan compromise on “hard infrastructure”, and the $3.5 trillion “human infrastructure” bill […]

The United States – and indeed the entire Western world – is undergoing a shift in regard to the policies of globalization, that will lead to a new direction in economic and foreign policy in the coming years. In his four years in office, despite his obvious faults, Donald Trump has inaugurated a number of […]

The COVID-19 pandemic has hurled the economy of the United States into the deepest downturn in decades, with unemployment approaching 1930s levels, and the drop in GDP even exceeding that of the Great Depression, according to the New York Fed’s current estimate of -31%. Most analysts expect growth to resume rapidly once the crisis subsides, […]

Two months after the start of the coronavirus epidemic in Italy, some important lessons can be learned from the response to the crisis in the northern regions of the country. In Lombardy, one of the hardest-hit areas in the entire world, public officials insist they did everything possible to contain the outbreak from the start, […]

(free) – The coronavirus crisis is forcing Western policymakers to bend their principles: lawmakers in the United States have just approved 2.2 trillion dollars in emergency spending; the President of the European Commission, Ursula von der Leyen, has said that countries can pump “as much as they need” into their economies; and former European Central […]