US apprehension over Greece
NEW YORK | The US are anxious over Greece. Wall Street fell on Wednesday and the Dow Jones Industrial Average suffered its biggest one-day decline…
World economy
Deutsche Börse, NYSE Euronext turn to Madrid after failed merger attempt
MADRID | According to Capital Madrid, Deutsche Börse’s executives as well as NYSE Euronext’s are already seeking other growth options, after the European Commission blocked their…
Tough: UK is under negative outlook, no need to blame the euro
LONDON | Will Moody’s tear out the British triple-A badge before those precautionary 18 months go? If the rationale of the warning issued by the financial…
Obama chooses debt… and hopes for growth
NEW YORK | While Europe is determined to cut the deficit now and see what happens later, the Obama administration has chosen the other way:…
Super PAC’s: Incredibly loud, extremely powerful
NEW YORK | They call it Obama’s reluctant blessing: the US president has given top bundlers the green light to raise cash for the political…
Baltic Dry and other dubious evidence in predicting doom
By Juan Pedro Marín Arrese, in Madrid | Analysts are busy collecting evidence for a huge recession. The 70% drop in the Baltic Dry Index, ranging…
IAG woos Japan Airlines
By Tania Suárez, in Madrid | IAG’s CEO Willie Walsh said last year that if the opportunity arose, they would definitely be willing to take…
To Mr Scott Sumner: this is why Australia, Sweden succeed against the crisis
By Luis Arroyo, in Madrid | The reason? Well, their States are exemplary. No banks in trouble, no massive public debt but a very aggressive…
European efforts in innovation still lagging behind US, Japan
The EU is not closing the persistent gap with global innovation leaders US, Japan and South Korea. The European Commission on Tuesday published the results…
$25 billion US mortgage settlement: not quite there yet
NEW YORK | It would be great news for hundreds of thousands of people: billions of dollars (an estimated $25 billion) in aid to homeowners…