NEW YORK | As the country plunges into recession, the government proposal on a France culture tax as high as 1% on the sale of smartphones, tablets and other Internet devices is seen with skepticism the United States. Paris claims it would support to create digital cultural content inside France and counterbalance foreign content invasion. Protectionism or a smart move in times of crisis?
All posts by Ana Fuentes
UK leaving the EU? Be patient, dudes! Obama says
NEW YORK | Obama acted as Mediator In Chief this Monday. Like some kind of a high level marriage counselor, the US president asked Britons to be “patient” so reforms in the EU achieve their results before “making any decision”, adding that it was sensible to try to fix what’s wrong with a relationship before breaking it off. But, at the same time, he supported Cameron’s intention to renegotiate membership conditions for the UK.
Spain Economic Forum in the US: start-ups also want a piece of the cake
NEW YORK | Several of the top Spanish companies put on a big show this Friday at New York’s Nasdaq. Telefonica, Indra, Dragados, Santander, Iberia, Repsol and many more shared their perspectives at the Spanish Economic Forum in order to boost their image among American investors and break some stereotypes. But how much do these iniciatives help to build real muscle? On the to do’s list: showing more optimism and sharing the cake with the start-ups.
Who is behind US economic recovery?
NEW YORK |The Federal Reserve is perhaps one of the most important political factors behind the slow but steady US economic recovery -the country is growing at a 2.5% pace a year despite Europe’s recession and China’s slowdown-. But also, and here comes a problem, America’s central bank could be behind the crazy Wall Street rally.
Market makers welcome Master investor Warren Buffett to Twitter
NEW YORK | “Warren is in the house” was his first twit. Within 24 hours, 82-year-old Warren Buffett had only posted two messages on the social network but he got more than 311,400 followers.
Facebook investors are getting anxious
NEW YORK | What happens when you know the path to benefits is long and uncertain, but your current expenses are growing? You might have bought stock on Facebook because of the media hype, yet now you are not sure how to monetize it. Neither do they.
“Bitcoin makes e-commerce much easier than credit cards”
NEW YORK | An encrypted virtual currency traded over the Internet that can be purchased through online exchanges using real money. Four years ago bitcoin seemed like sci-fi but today it is already a 1-billion-dollar market. And many businesses are accepting it as a payment currency. Anthony Gallippi is CEO of BitPay, an Atlanta based Payment Service Provider (PSP) specializing in eCommerce, B2B, and enterprise solutions for virtual currencies. He explained to The Corner how BitPay enables companies to jump on the bitcoin bandwagon.
Boston attacks make Obama shift into national security mode
Terrorism is back high on the US national agenda. But how much more can America spend on security? In the new budget submitted by Obama to Congress, Homeland Security would receive a total of 39 billion in discretionary funding. This is just peanuts compared to the total Defense budget, which would reach a total of 857 trillion dollars.
The (bright) Spain you won’t get in some Anglo media
NEW YORK | A group of the most important Spanish companies presented their report “Spain, land of opportunities” in New York on Wednesday. The Business Council for Competitiveness (CEC), claim to represent more than 35% of Spanish GDP and 1.7 million Spanish employees. This is their side of the story. Economic propaganda, or real data that you won’t see in the FT nor the WSJ’s front page?
Ronnie and Maggie, political soulmates devoted to deregulation
NEW YORK | Margaret Thatcher and Ronald Reagan shared a humble background and were both committed to a conservative revolution: fight communism, dismantle government bureaucracies and deregulate key industries.
