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Analysis and Opinion

Analysis and Opinion

The latest issue of the magazine La revista de Occidente includes the translation of an article by Peter Galison entitled “The journalist, the scientist and objectivity.” It describes the ease with which images are manipulated in today´s world. This has caused publications such as Science magazine to create protocols to prevent the presentation of manipulated illustrations. The perversion of information also reaches the world of journalism, where false rumors are propagated with a singular force.

In a report entitled The Future of Football, Futurizon predicts that in the future, sports events will be broadcast using tiny drones capable of hovering a few inches above the playing field, swirling around spectators or chasing the ball in the air. Except for referees, players and coaches, ordinary spectators have always enjoyed these events from architectural points of view:  the stands or the sides of the pitch. And, even if we don’t realize it yet, narratives have also depended on these points of view. What would happen if the perspective changed? Would it be possible to televise a match exactly as the referee sees it? Would that be of any interest at all? Or telling what an embedded drone observes?

The last global financial crisis demonstrated that the resolution of failing banks is a key component of financial regulation. With the goal of lowering the cost of banking crises and avoiding publicly funded bailouts, the Financial Stability Board (FSB) established a new framework for the resolution of financial institutions involving two types of strategies: Single Point of Entry (SPE) (applicable to groups with a centralized model) and Multiple Point of Entry (MPE) (applicable to groups with a decentralized model). Given its management model, MPE would be the most appropriate strategy for the BBVA Group.