globo_gris_transparente
El político sostiene una cinta de promesa rotas en medio de un gráfico de la deuda nacional en aumento.
Technology

Why the most valuable tax oath is not making more promises.

In the midst of a growing fiscal crisis in the US, the effectiveness of politicians’ promises not to raise taxes is questioned due to the unprecedented increase in federal debt. The lack of flexibility in fiscal negotiations has led to paralysis. With the urgent need to address budget sustainability, the importance of avoiding restrictive tax promises is highlighted. Leaders are urged to break with this practice to achieve a lasting fiscal reform.

Leer más »
December 3, 2025
Un mapa de Europa con flechas que apuntan a los EE. UU.
Globalization

Next Steps for European Economic Security: From Strategy to Doctrine.

The European Union needs a balanced strategy to reduce its dependence on the United States and China, improving its ability to counter coercive economic threats. The EU must identify critical points in supply chains, discuss the use of the Anti-Coercion Instrument, and strengthen economic associations and governance structures to manage economic security tools. Emphasis is placed on adapting to new scenarios.

Leer más »
December 2, 2025
Gráficos de curvas de rendimiento y bonos del Tesoro con tokens digitales.
Globalization

Benefits of Introducing a New Floating Rate Treasury Note

The accelerated digitalization of financial markets requires a sovereign instrument that combines the credit security of the US Treasury, the liquidity of overnight funding, and the transparency of the chain settlement system. The issuance of new securities, PORTS, would improve financial stability in digital asset markets by offering secure and transparent liquidity. These securities could be used as daily liquidity for stablecoin issuers and as a means of settlement in high-value financial transactions, driving digital markets and the dollar strengthening strategy.

Leer más »
December 2, 2025
Cronología que ilustra la gradualidad del cambio en las prioridades fiscales de la UE a lo largo de los años.
Globalization

Are EU Tax Policies Driving Reform or Merely Reflecting Political Trends?

During more than a decade, the European Commission has used Country-Specific Recommendations (CSRs) to push for fiscal reforms in the EU, although a recent analysis reveals changes in fiscal priorities without reflecting real progress. Attention has shifted from labor and consumption taxes to capital taxation and tax administration. Only 14% of these recommendations have been fully implemented.

Leer más »
December 1, 2025