Articles
Italy – Coalition Troubles
The combination of inherently incompatible policies and party platforms is coming to an end. After victory in the EU Parliamentary elections the Northern League appears ready to lead the Center-Right coalition to victory in future elections, if they are held soon. M5S...
EU Elections – Implications
The EU Parliamentary elections largely stuck to the expected script – non-establishment parties gained substantial ground while the establishment groupings saw their support fragment. The increase in turnout to above 50% will be seen as a vote of confidence in the...
Brexit – Where Now?
The European parliamentary elections demonstrated the electorate’s call for the main political parties to simplify their approaches and present coherent policy solutions. This is easier said than done, suggesting that only through some bold and high-risk actions can a...
Monetary Policy Re-Write
As growth has remained low after the financial crisis various approaches have been tried – largely favouring monetary and fiscal policy. Governments are continuing to follow the path of least resistance and are seeking to redefine ‘what is money’ in an attempt to...
Libra – Media Miss the Point?
Journalists from the developed world seem to have missed the point that Libra is designed more for EM markets than the traditional ‘west’. Coverage has focused on the potential for data concerns and regulatory problems - e.g. money laundering. We continue to believe...
Crypto Gamechanger
Facebook’s White Paper on Libra is a seminal moment which will finally force global regulators to take a formal position on crypto currencies. We believe that Libra provides substantial advantages to the U.S., but it remains to be seen whether Washington views these...