Editorial

Strategy or Illusion

In the budget forecast for 2023, the Chief Executive once again limits himself to copy and paste the tax revenue registered in previous years: 130 billion patacas. In 2022, as we already know, it fails miserably – it will hardly exceed 45 billion patacas. Read also…
Editorial

China as it is

The pandemic has given China the context – and pretext – to accelerate Macau’s transition to an increasingly nationalist political culture. The literal interpretation of the National Security Law implies loss of rights, freedoms and guarantees. It happened in the…
Editorial

Shadows in the Strait

There is a question in the air for which it is not possible to see a complete answer. In the midst of the Russian invasion of Ukraine; with the economic crisis rapidly accelerating, with exacerbated nationalism proliferating around the world, with international tension over…
Editorial

Legends and narratives

Led by the German obsession with fighting inflation, Europe has lived through decades of debt restrictions, with budgetary control mechanisms that far surpassed the myth according to which the European Union would be reduced to a single currency, with free movement of goods…
Editorial

Nothing will be like before

The numbers are raw – and definitive. Gross gaming revenue will drop 35% this year compared to last year – five times less than the level of joy in 2019. Long light years from those golden years of liberalization. The question is no longer knowing at what level the…
Editorial

It's time to pedal

Come the cycle of life. There is a sign in China: seven days of quarantine, up to five… The day will come to isolate only “suspects” – without proof of immunity at the time of travel. It’s what makes the world go. The shift is not sanitary – it is…
Editorial

Care yes, paralysis no

Macau, a ghost town in February, recovered local energy – without tourism – remaining a world example in pandemic control. Europe and the Americas … first dragged unconsciousness, but three months was enough for the world to turn around: confinement…