The last couple of days have been particularly cold in Basel, but a nice gift that you get with those type of days is the Snow. Yesterday I saw this beatiful snowy tree next to the snow on top those leaves.

One of the many controversies of the incoming US presidential administration is the incoming cabinet composed of very wealthy individuals. It's interesting to note that the US is not a very equal country compared to all the other western democracies. Even it's northern neighboor is way more equal comparing the Gini index.

It shoud be noted that this inequality is even worst in the south. The comparison between South America and Europe is striking:

Finally 2016 is ending. As John Oliver mentioned in the last episode of his last week tonight show, 2016 has been a pretty shitty year. There were so many musical and movie legends passing away (David Bowie, Alan RIckman, Prince, Gene Wilder, Leonard Cohen, Carrie FIsher, Debbie Reynolds and George Michael) and Europe experienced terror in many cities including Nice, Istanbul, Brussels and Berlin.

On the other hand the populists and far right anti-immigrant movements gained a lot of traction in Europe and America. The popular vote brought many unexpected outcomes including the Brexit victory despite the Scottish and Northern Irish opposition, the Colombian plebiscite rejection to the peace agreement reached in Cuba and finally the astonishing Trump victory on the electoral college, even though he lost the popular vote by almost 3 million ballots.

The only silver lining of this year was the historic Paris Agreement on climate change. Let's hope this doesn't change in 2017 (cough trump), since that will make it a horrible year as well.

Looking at the final 2016 US presidential election results, it's remarkable how bad trump lost in California. 8.7 million vs 4.4 million votes. It's not surprising that on the days after the election the #calexit hashtag started to trend. Clinton won the popular vote, so many Americans will feel underrepresented based on the electoral college system they have in place, but nowhere this is more dramatic than in California.

Interesting dataset from Eurostats regarding personal transfer inflow / outflow across the European Union. On one hand France has biggest negative balance and on the other side Poland has the biggest positive one.

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