For those expecting a clear verdict on the secession movement, yesterday’s vote for a regional parliament in Catalonia is at best a disappointment. While the three separatist parties together achieved a parliamentary majority, the question of what to do next is far from simple. From technical difficulties to important political differences, the road to forming a government is beset by obstacles. A period of intense coalition talks is set to follow, with a clear resolution of the political impasse looking improbable for the near term.
For readers reflecting on a turbulent year, OMFIF has compiled some of our most resonant daily economic and political commentaries, out of the more than 300 published during 2017 by Analysis contributors, viewed from a prism that extends from Luxembourg to Bogotá.
Richard 'Dick' Roberts, Professor of Contemporary History at King's College London, was a byword for academic excellence, but was also universally admired for his benevolence and good humour. This most erudite and humane man will be badly missed by many.
On the eve of a year when several leading Latin American countries go to the polls, Chile has voted decisively for Sebastián Piñera; a right-wing billionaire. His agenda confirms a regional trend away from populism and towards no-nonsense pragmatism, writes David Smith.
OMFIF, the independent financial think-tank for central banks, economic policy and public investment, is strengthening its management and board as it expands activities in its ninth year of operations. These changes coincide with appointments at the OMFIF Foundation, set up in August to promote longer-term education and research projects.
Angela Merkel's CDU has distanced itself from SPD leader Martin Schulz since he made his suggestion for a European federal state, writes David Marsh. A minority Merkel government 'tolerated' by the SPD seems probable. But after Schulz's discordant push for European unity, a consensual outcome seems to be receding.
The call by Martin Schulz for the creation of a United States of Europe by 2025 is the latest in a long line of similar appeals. But so far there have been few, if any, takers, writes Denis Macshane. As with Napoleon, Hugo, Trotksy and Churchill, Schulz's call makes for a good story, but is not going to happen.
In her final press conference on monetary policy, Janet Yellen gave cover to Donald Trump for his tax reform, characterising the effect of the potential fiscal stimulus as 'modest'. Her remarks came as Republicans moved to reconcile differences between the tax bills in the House and Senate, writes Darrell Delamaide.