The Fair Observer | It is easy to say that Europeans should have more sex. Demography is destiny, after all, or so it has seemed for millennia, and what could be better than sleeping your way to world power? Despite the financial crisis, a diminishing birth rates and seemingly unsustainable welfare states, Glenn Carle believes German leadership might offer a solution for structural reform in Europe.
Italian government says andiamo, Europa!
MADRID | By Antonio Sánchez-Gijón (Capital Madrid) | What is on stake for the new Italian government? The country is living in a contradiction: on one hand it has debt and risk premium under control, but on the other it is struggling with a deep economic crisis. Moody’s has corrected its 2013 GDP forecast set so far at -1%, and has placed it at -1.8%.
“The eurozone must find economic growth without State aid”
MADRID | By Tania Suárez | Director of financial analysis at Profim EAFI, Jose Maria Luna Morales, argues that austerity measures in the euro zone were “necessary” but adds that “some privileges of many public institutions can still be reduced”. He also notes that although “Europe still may suffer months of stagnation”, that does not imply “a long period of stagnation’” for the EZ as a whole.
It’s recession or depression for the UK
LONDON |Â The choices look grim for a Chancellor who must reduce the state’s debts and wants to be re-elected.
Analysis: Germany Defends the Euro to Her Own Peril
Renowned scholar on EU law, Gunnar Beck was an adviser to the House of Commons, a practicing barrister and a professor at the School of Oriental and African Studies in London. He believes that Germany’s guilt complex and short-term reasoning will lead her to continue defending the euro, while Chancellor Merkel’s policies show that Germany [...]
Spanish government keeps the upper hand on banks reform
The new set of rules on restructuring and liquidation of ailing banking institutions planned to be approved next Friday confers full command to the Spanish government. The Bank of Spain will exclusively identify solvency failures and pit in place an early warning mechanism to redress potential deviations. But once public money is involved the task [...]
“Europeans are not productive enough to defend their living standards”
Famous for his provocative views on international economics and China’s rise, Andy Xie is an independent economist who predicted the Asian bubble in 1997. Based in Shanghai, he is a former Morgan Stanley star chief Asia-Pacific analyst. We interviewed him for our summer interviews on China’s challenges, the eurodrama and his forecast for the future. [...]
Buy more brick for a worst price
CAPITAL MADRID, José Sánchez Mendoza.–  Pay more, almost double, but with a comfortable loan that covers all or most of the amount. It’s a win-win situation, don’t you think? Though it may seem, this is not the lamp seller in a Moroccan bazaar’s talking but the candy that banks put in front of consumers to [...]
Gallup: Sales, Certainty Key to U.S. Small Business Capital Spending
Asked about what would make them more likely to make capital investments in the next 12 months, 70 percent of U.S. small-business owners point out to three circumstances: a better sales outlook, more certainty about their operating environment, and lower federal taxes. According to the Wells Fargo-Gallup Small Business Index released by Gallup, that has [...]
In Tough Economic Times, Is Higher Education Still Worth The Price?
Remember when a higher education used to be a guarantee of success in the market? With the crisis, the picture has turned 180 degrees: too many graduates in Europe and the U.S are waiting tables, going back to their parents and coping with frustration. New grads are also facing competition from older, laid-off job seekers. [...]
