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Articles


Russia and the Energy Trap of Exporting Powers
“Great powers rarely collapse because of a single crisis. More often, they weaken gradually when the world changes faster than the economic model on which they depend.” The Russian economy continues to project an image of strategic resilience in the face of Western sanctions, financial isolation, and the geopolitical pressure resulting from the war in Ukraine. However, behind that apparent resilience lies a structural vulnerability that Moscow has failed to resolve for decade


Morocco: the New Strategic Partner Redefining the Economic Balance of the Mediterranean
For decades, much of Europe’s business community viewed Morocco as a peripheral economy focused mainly on low-cost manufacturing and agricultural exports. However, that perception is rapidly becoming outdated. Today, Morocco is building something far more ambitious: an industrial, logistical, and energy platform capable of connecting Europe, Africa, and the Middle East through a single strategic economic axis. The North African country is consolidating its position as one of


Spain, NATO and Washington’s New Transactional Language
Relations between allies rarely break down abruptly. More often, tensions emerge through ambiguous signals, mixed messages, calculated statements, and strategic maneuvers designed to influence behavior without formally breaking an alliance. It is within this framework that the recent frictions between the United States and Spain should be understood, particularly regarding the future of the military bases at Rota and Morón. Beyond the immediate diplomatic debate, the issue re


The Weapon That Accelerates Your Own Irrelevance: The Strait of Hormuz and the Strategic Paradox of Energy Coercion
The Strait of Hormuz remains one of the world’s most critical energy chokepoints within the international system. Every day, a substantial share of global oil and liquefied natural gas trade passes through this maritime corridor, making it an area of enormous strategic sensitivity for industrialized economies and global financial markets. Its geopolitical importance is undeniable: any threat to the stability of maritime traffic has the potential to disrupt energy prices, incr


Europe Facing the New Strategic Shift of the United States: The Challenge of Defense and Spain’s Role
The publication of the National Defense Strategy 2026 marks a turning point in the security relationship between the United States and Europe. This is not a document designed to reassure allies, nor a diplomatic declaration aimed at maintaining NATO’s traditional rhetoric. Its message is far more direct: Washington will remain part of the Atlantic alliance, but it no longer wants to shoulder alone the role of Europe’s primary conventional security guarantor. The new American


Almussafes and the New European Industrial Map: The Silent Transformation of the Automotive Industry
The possible entry of the Chinese group Geely into the Ford plant in Almussafes is not simply another corporate operation within the automotive sector. What is happening in Valencia reflects a much deeper transformation: the beginning of a new industrial era in Europe shaped by electrification, technological competition, and China’s growing influence in strategic industries. For decades, Almussafes was one of the great symbols of the Spanish automotive industry. The Valencian


Artemis and the Return to the Moon: Science, Power, and a New Space Race
The return to the Moon, driven mainly by the Artemis program, marks a key moment in the recent history of space exploration. More than half a century after the missions of the Programa Apolo, Earth’s satellite once again takes center stage in a new global space race involving not only the United States, but also emerging powers such as China and a growing ecosystem of private companies. This renewed interest raises a fundamental question: are we witnessing a genuine step forw


Rescue under fire: tactical success or symbolic operation in the standoff between the United States and Iran?
The recent rescue of a U.S. weapons systems officer following the downing of a fighter jet in Iranian territory has become far more than a one-off military operation. Set against a backdrop of rising tensions between the United States, Iran, and Israel, the episode offers a valuable lens through which to analyze not only operational capabilities on the ground, but also the political narratives surrounding it and its impact on the dynamics of regional escalation. From a strict


Is there a real risk of stagflation in Spain in 2026?
The word stagflation that uncomfortable combination of economic stagnation and persistent inflation has made its way back into the economic debate. But is it really a likely scenario for Spain in 2026, or are we facing a more theoretical than immediate risk? We start from a relatively favorable context: the Spanish economy is showing moderate growth, and inflation, after recent peaks, appears to be under control. However, as often happens in economics, apparent stability coe


Kharg Island: the strategic hub behind Iran’s energy power
Kharg Island is one of the most strategic locations in the world in terms of energy and geopolitics. Located in the Persian Gulf, about 25 kilometers off the coast of Iran, this small island of just 20 km² plays a disproportionately important role in Iran’s economy and in the global oil supply. Its privileged location, close to major offshore oil fields and with access to deep waters, allows the entry and loading of large supertankerssomething essential to its function as the


Iran, The Day After
The eventual death of Ayatollah Ali Khamenei, Supreme Leader of Iran since 1989, would mark the most delicate political moment for the Islamic Republic since the passing of Ruhollah Khomeini. For more than three decades, Khamenei has concentrated religious, political, and military authority in his hands, exercising ultimate command over the armed forces, the judiciary, and the country’s core strategic institutions. His absence would activate a constitutionally defined success


Trump imposes a 10% global tariff
The President of the United States, Donald Trump, has implemented a 10% global tariff on virtually all imports entering the country, a temporary measure initially planned for 150 days that represents a new shift in U.S. trade policy. The decision comes after the Supreme Court of the United States ruled previous tariffs imposed under emergency powers unconstitutional, forcing the administration to rely on a different legal basis within U.S. trade law to maintain its tariff str
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