WASHINGTON | Fear of spending cuts and fiscal cliff has made the U.S. defense officials cut spending even before they were forced to do so. A good example of commendable public spirit, even if a bit exaggerated.
Afi analysts issued today a simple but compelling chart showing Brazil is the main target of the more than €100-billion total exposure by Spain’s large companies in Latin America.
BARCELONA |By CaixaBank analysts | The Basel III liquidity requirements are made more flexible. Those countries in crisis can postpone the application of bank liquidity coverage ratio regulations.
Why should banks enjoy the comfort of placing money in the Frankfurt-based central bank for risk-free profit? They should instead letting it flow. After all, businesses are starved of cash to hire and invest.
By Carlos Díaz Guell | While the German chancellor refuses to give in to the growth pact for which half of Europe sighs, Hollande leads the southern countries’ complaints, very aware that France’s economic stand is getting weaker by the quarter. It’s inflation’s fault.
MADRID | Crédito y Caución 500 Table survey, which includes forecasts of sectoral performance in 34 markets, recorded 13 losses and nine improvements compared to 2012-end analysis.
MADRID | Highlights of the speech by Mario Draghi, president of the European Central Bank, meeting Tuesday with members of the Spanish Parliament.
According to Alexander Golts, the Munich Security Conference marks the lowest point in US-Russia relations for the past 20 years.
By Revista Consejeros | Roberto Higuera, deputy president of Banco Popular: “When they had trouble with Hypo Ryal more than €100 billion were needed, whereas in Spain it turned out that we could do with less than €40 billion. What marked the difference is that Spain had to ask for help, while Germany put the money from its own pocket.”
LONDON | Is Morgan Stanley swimming against the tide? There is at least two proofs of how the US investment bank maintains contrarian positions: it says Spain will be the next Germany, but the UK will turn into Italy.