International Strategic Analysis
IMEC Gulf Network: Connecting Innovation and Progress
The IMEC network in the Gulf advances with the participation of Saudi Arabia, Bahrain and Oman. The lack of diplomatic normalization between Saudi Arabia and Israel is the biggest obstacle. Bahrain’s inclusion would benefit the project with its ties to Saudi Arabia, its financial importance and its logistical potential. Oman’s inclusion would resolve security risks in the Strait of Hormuz.
Ukraine: Zelensky Under Pressure
President Zelensky, under pressure from Trump, is willing to call elections in 60-90 days. Trump criticizes Europe and accuses Ukraine of using war as an excuse. Zelensky assures that Ukraine is ready for the elections with the help of the US and European allies. The situation is critical due to uncertainty and external pressures. Tensions reflect the growing influence of Russia and the need for European intervention.
Putin in India: Strengthening a Long-Term Alliance
La visita de Putin a la India en diciembre de 2025 fortalece la relación bilateral a largo plazo, destacando la cooperación comercial y en energía. Se firmaron acuerdos en migración, salud, comercio y educación, y se proyecta la cooperación en el Ártico. La India busca diversificar proveedores de hidrocarburos y superar desafíos como la participación en conflictos militares rusos.
The EU data treatment consent reform must consider market incentives.
The European Commission proposes reforming consent for personal data processing in the EU, simplifying online consent management and reducing situations requiring it. Although it could alleviate user fatigue, it must be avoided that companies abuse it and ensure data protection.
Testimony by Donald Kohn on Interest Rates for Bank Reserves at the Federal Reserve
Donald Kohn promoted interest payments on bank reserves at the Federal Reserve, arguing that not doing so was a hidden tax on banks. In 2006, Congress authorized interest payments, which were implemented in 2008 to stabilize the economy after the financial crisis. Kohn noted that paying interest on reserves benefits financial stability and helps the Federal Reserve to meet its monetary objectives.
Rome and Berlin at the industrial crossroads of Europe
The second Italian-German ministerial forum, presided by Adolfo Urso and Katherina Reiche, takes place in Rome. Italy and Germany, Europe’s main manufacturing powers, strengthen their strategic dialogue in the midst of discussions on regulatory simplification and competitiveness in Brussels at a time of deep changes in policies and regulations.