The Economist (October 7)
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.”
Tags: Calm, Constitutional crisis, Coup, Enemies, Negotiation, Rajoy, Secession, Spain, Stand-off, Wrong
Euromoney (March 24)
“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.”
Tags: Constitutional crisis, Economy, Erosion, Gilts, Inflation, Political risk, Purchasing power, Stagflation, Sterling, Suffering, U.K.
