NEW YORK | The institution that UK government is thinking of establishing, similar to US giant government controlled agencies Fanny Mae and Freddie Mac, will improve the housing market and therefore the economy. But it comes with the risk of a bubble.
All posts by Ana Fuentes
Cyprus deal seen by US: when Europe started playing with dynamite
NEW YORK | If the same deal had taken place on this side of the Atlantic during the TARP (bank rescue program), some US media stated on Monday, we would have seen the Armageddon.
“For Venezuela, being an oil country isn’t necessarily a curse”
Venezuelans will vote on April 14 for the second time in six months, although this time without Hugo Chávez. Very few analysts think that opposition candidate Henrique Capriles will defeat VP and ex unionist Nicolás Maduro. Among a huge political turmoil, investors keep waiting. What will happen to the oil industry? And what about multinationals? Venezuelan Alejandro Grisanti Capriles, Director of Latin America Research & Strategy at Barclays Capital answered to these questions for The Corner at New York’s Met Life landmark skyscraper.
And there we go again: Eurocrisis is back, say Wall Street media
They didn’t even wait 24 hours. Right after the first doubts on the Italian election results arose, Wall Street’s favorite media started claiming that the euro drama was back and austerity does not win votes.
Obama gives “New NATO” a go-ahead
In his annual State of the Union speech, US President endorsed long awaited EU-US free trade talks that could spur growth and create new jobs.
Waves of Spain political instability get to US shores… tempered, though
Last Thursday, while Spain was feeling a whole political earthquake, there was little notice of the new development in the Eurodrama in the US newsrooms.
Dear Mr Romney, isn’t a $900 catered meal a little overpriced?
Nine media outlets write a letter to Mitt Romney campaign challenging the exorbitant bills they had to pay in order to follow the Republican candidate before the US election
“Getting ‘likes’ on Facebook or Twitter followers to your company is useless”
NEW YORK | Evan Horowitz, Small Business Advisor: “I don’t see many people picking up their phones and talking to their customers in person. And they are not building the kind of personal connections to lasting business relationships.”
Neither Keynesianism, nor Corporatism: get back to Capitalism!
NEW YORK | There was a time when entrepreneurs innovated and capitalism was mainly creative. And that is finished, according to Edmund Phelphs. Inspiring behavior has been suffocated by several years of Keynesianism and new Corporatism.
Manufacturing punches US economy in the face
In what felt like an unexpected slap, US factory production shrank in November, the Institute for Supply Management’s factory index falling to 49.5 (50 marks the dividing line between expansion and contraction) from 51.7 in October instead of the expected 51.4. It’s the biggest contraction since July 2009, a clear sign of fiscal cliff angst.
