{"id":31016,"date":"2022-05-08T21:00:00","date_gmt":"2022-05-08T19:00:00","guid":{"rendered":"https:\/\/www.11onze.cat\/?p=31016"},"modified":"2022-05-10T09:24:53","modified_gmt":"2022-05-10T07:24:53","slug":"sanctions-hugely-detrimental-europe","status":"publish","type":"post","link":"https:\/\/www.11onze.cat\/en\/magazine\/sanctions-hugely-detrimental-europe\/","title":{"rendered":"&#8220;Sanctions are hugely detrimental to Europe&#8221;"},"content":{"rendered":"<div class=\"component text\">\n  <div class=\"container\">\n\n\n    <div class=\"row\">\n      <div class=\"col  col-lg-8  offset-lg-2\">\n        <h3><b>The negative consequences of the geopolitical tug-of-war between the great global powers, spurred on by the conflict in Ukraine, are evident. Can we do anything from Catalonia to be relevant in this new multipolar world? How can the decentralisation of finance help us to have our own voice? Xavi Vi\u00f1olas, Content Manager of 11Onze, explains it in a new episode of Estat de la Naci\u00f3.<\/b><\/h3>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The conflict in Ukraine has shown how geopolitical adventurism among the world&#8217;s superpowers can have very negative effects on our economy. The European Union&#8217;s economic power should give it a bargaining power on a par with that of the United States and China, but is this really the case? Vi\u00f1olas questions: &#8220;<\/span><b>The EU is a global power that could talk on equal terms with China and the United States, but it is not doing so<\/b><span style=\"font-weight: 400;\">&#8220;.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Economic sanctions imposed by the US on Russia, Iran, and China in recent decades have had negative consequences for the economies of EU member states. Likewise, the latest economic retaliation against Russia calls into question the &#8216;cui bono&#8217; behind the economic interests of the actors involved in this conflict.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As Vi\u00f1olas points out, &#8220;these economic sanctions greatly benefit the United States and greatly harm Europe. <\/span><b>Theoretically, we are allies of the United States, but in practice we are client states<\/b><span style=\"font-weight: 400;\">&#8220;.<\/span><\/p>\n\n      <\/div>\n    <\/div>\n  <\/div>\n<\/div>\n\n\n<div class=\"component gallery\">\n  <div class=\"container\">\n    <div class=\"row\">\n      <div class=\"col col-lg-10 offset-lg-1\">\n        <div id=\"slider\" class=\"carousel slide\">\n          <div class=\"carousel-inner\">\n            <div class=\"carousel-item active video-player inline-player\" data-video-id=\"6305812160112\">\n              <img decoding=\"async\" class=\"d-block w-100\" src=\"https:\/\/www.11onze.cat\/wp-content\/uploads\/2022\/05\/THUMBNAIL_ESTAT_NACIO_64.jpg\" alt=\"\">\n              <button type=\"button\" class=\"play\"><\/button>\n              <div class=\"carousel-caption\">\n                <p>\u201cWe are client states of the United Estates\u201d<\/p>\n              <\/div>\n            <\/div>\n          <\/div>\n        <\/div>\n      <\/div>\n    <\/div>\n  <\/div>\n<\/div>\n\n<div class=\"component text\">\n  <div class=\"container\">\n\n\n    <div class=\"row\">\n      <div class=\"col  col-lg-8  offset-lg-2\">\n        <h3><b>Technological sovereignty and decentralisation of finances<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Despite the European Commission&#8217;s efforts to establish a strategic plan to achieve Europe&#8217;s digital sovereignty, the old continent continues to be subordinated to the two technological giants, the United States, and China. The revolution of<\/span><b> new technologies applied to the financial world is decentralising a sector that seemed immutable<\/b><span style=\"font-weight: 400;\">. Embedded finance has made it possible for non-banking companies and brands to offer financial services to a generally young public that is tired of the abuses of traditional banking.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Catalonia, as the main start-up hub in Southern Europe, can play a key role in financial decentralisation and exploit this potential to get its head out on the geopolitical chessboard. As Vi\u00f1olas says, &#8220;We are a technological hub for start-ups, and maybe we could take advantage of it&#8221;.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><b>11Onze is the community fintech of Catalonia. Open an account by downloading the super app El Canut for <\/b><a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.e11onze.app&amp;utm_source=emailing&amp;utm_campaign=CANUT+launch\" target=\"_blank\" rel=\"noopener\"><b>Android<\/b><\/a><b> or <\/b><a href=\"https:\/\/apps.apple.com\/us\/app\/11onze\/id1566129237?utm_campaign=El+Canut\" target=\"_blank\" rel=\"noopener\"><b>iOS<\/b><\/a><b> and join the revolution!<\/b><\/p>\n\n      <\/div>\n    <\/div>\n  <\/div>\n<\/div>\n\n\n<div class=\"component cards\">\n  <div class=\"container\">\n    <div class=\"row\">\n      <div class=\"col col-xl-8 offset-xl-2\">\n        <h1>If you liked this article, we recommend you read:<\/h1>\n        <div class=\"cards__wrapper\">\n          <div class=\"card\">\n            <a href=\"https:\/\/www.11onze.cat\/en\/magazine\/europe-digital-sovereignty-feasible\/\" class=\"card-link\" target=\"_self\"><\/a>\n            <div class=\"card-img\">\n              <img decoding=\"async\" src=\"https:\/\/www.11onze.cat\/wp-content\/uploads\/2022\/01\/THUMBNAIL_FACTIBLE_SOBIRANIA_DIGITAL_EUROPA-800x533.jpg\" class=\"card-img-top\" alt=\"\">\n                <span class=\"card-category\">Technology<\/span>\n            <\/div>\n            <div class=\"card-body\">\n              <p class=\"card-title p2\"><strong>Is Europe\u2019s digital sovereignty feasible?<\/strong><\/p>\n              <span class=\"card-time\">4 min read<\/span>\n              <p class=\"card-text small\">In the field of technology and the digital revolution, Europe is<\/p>\n            <\/div>\n          <\/div>\n\n\n          <div class=\"card\">\n            <a href=\"https:\/\/www.11onze.cat\/en\/magazine\/really-live-democracy\/\" class=\"card-link\" target=\"_self\"><\/a>\n            <div class=\"card-img\">\n              <img decoding=\"async\" src=\"https:\/\/www.11onze.cat\/wp-content\/uploads\/2021\/10\/THUMBNAIL_EL_DINER_9-800x404.png\" class=\"card-img-top\" alt=\"\">\n                <span class=\"card-category\">Economy<\/span>\n            <\/div>\n            <div class=\"card-body\">\n              <p class=\"card-title p2\"><strong>Do we really live in a democracy?<\/strong><\/p>\n              <span class=\"card-time\">2 min read<\/span>\n              <p class=\"card-text small\">Representative democracy is the most widespread system in<\/p>\n            <\/div>\n          <\/div>\n\n\n          <div class=\"card\">\n            <a href=\"https:\/\/www.11onze.cat\/en\/magazine\/catalonia-main-start-up-hub-southern-europe\/\" class=\"card-link\" target=\"_self\"><\/a>\n            <div class=\"card-img\">\n              <img decoding=\"async\" src=\"https:\/\/www.11onze.cat\/wp-content\/uploads\/2022\/04\/THUMBNAIL_START_UPS_CATALANES.jpg\" class=\"card-img-top\" alt=\"\">\n                <span class=\"card-category\">Economy<\/span>\n            <\/div>\n            <div class=\"card-body\">\n              <p class=\"card-title p2\"><strong>Catalonia: main start-up hub<\/strong><\/p>\n              <span class=\"card-time\">5 min read<\/span>\n              <p class=\"card-text small\">The figures back the reputation of Catalans as entrepreneurs<\/p>\n            <\/div>\n          <\/div>\n\n              <\/div>\n              <br>\n              <br>\n              <div class=\"cards__wrapper\">\n\n        <\/div>\n      <\/div>\n    <\/div>\n  <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":71,"featured_media":30990,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[1],"tags":[188],"class_list":["post-31016","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-11onze-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>\u201cSanctions are hugely detrimental to Europe\u201d - 11Onze<\/title>\n<meta name=\"description\" content=\"The geopolitical conflicts between the major global players directly affect us. 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