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The Economist (October 7)

2017/ 10/ 09 by jd in Global News

If Spain’s Prime Minister Mariano Rajoy “thought that cracking heads would put a stop to secessionism, he could not have been more wrong. He has only created a stand-off that has energised his enemies and shocked his friends.” Rajoy’s reaction “has thrown Spain into its worst constitutional crisis since an attempted coup in 1981…. Only a negotiation can restore calm and it should start immediately.”

 

Euromoney (March 24)

2017/ 03/ 26 by jd in Global News

“The UK economy seems at last to be suffering from the erosion of purchasing power by sterling-induced inflation. All of this smacks of stagflation, a constitutional crisis and rising political risk. UK gilts will suffer.”

 

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