Juan Torres López All biographical notes on the new chair of Banco Santander agree on virtually the same thing: the person who has succeeded Emilio Botín in the same fashion that one inherits a crown is extraordinarily qualified, very intelligent, highly educated and knows perfectly the business of the financial institution over which she will preside. It […]
By Jacques Sapir Nicolas Sarkozy has just announced his “return to politics” as if he had actually quit. This is not surprising or unusual. We know the man to be a “political animal.” One suspects he is devoured by ambition, unable to accommodate the distance, sometimes, however, necessary between immediate action and salutary reflection. Yet […]
By Duval Guillaume In Europe, ever more monetary laxity is necessary because Germany refuses fiscal stimulus, even though the latter approach is preferable. On 4 September the European Central Bank (ECB) not only lowered again the interest rate at which it lends to banks to 0.05%, but it has also launched a major programme of […]
By Bernard Cassen The first concern of any institution is to perpetuate its existence and expand its areas of intervention. In the latter case, such an ambition usually encounters forces and structures that do not intend to be deprived of all or part of their territory and their prerogatives. When these forces and structures do […]
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Header images: Wind farm [credit]. Balloons [credit] and crowd scene [credit]. Labour Conference pics [credit].