J.P. Marín-Arrese | The Spanish government boasts that the tabled budget will benefit most citizens, from pensioners to young people, self-employed people or civil servants. It hopes targeting such groups will pay off when election time comes. The government is also pinning its re-election hopes on the bonuses it will give young people to help them find a place to live on their own and on the money for entertainment…
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Lidia Conde (Francfort) | Herman Simon, founder of Simon-Kucher & Partners, is best known for his 30 books, translated into 26 languages. His works on pricing and price management have become classics in the academic world. According to Manager Magazin, he is the world’s foremost pricing expert. Q: There will probably be a red-green cabinet supported by the Liberals. What do you expect from the new government “in the Chinese…
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Sarah A. Son (The Conversation ) | Squid Game adds to other recent South Korean screen productions, most notably the 2020 Oscar-winning film Parasite, in providing a sharp critique of the socio-economic inequality that plagues the lives of many in South Korea. Household debt in South Korea has risen sharply in recent years to over 100% of its GDP – the highest in Asia. The top 20% of earners in the country have a net worth 166 times that of the bottom 20%, a disparity which has increased by half since 2017.
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Almudena Díez | Red Electrica’s Director -Socorro Fernández Larrea- explains why the current price of electricity in Spain (140€ MW/h) has been at record highs for days: Q: How do you explain to consumers that the system can have such sharp fluctuations in the price of electricity that directly affect their pockets? A: Very easily, by telling the truth, if you like. The problem arises because the price of energy…
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Fernando Rodríguez | “Nor do we know what rules the EBA is going to impose on these issues, or how some of the measures the ECB may take will affect capital ratios. So regulation is making it difficult for us to grow, because of all the limitations and all the capital requirements being imposed on us,” explains Ramiro Mato, chairman of the responsible banking, sustainability and corporate governance committee at Santander Bank: “For example, in Poland 70% of energy still comes from coal, and we cannot stop financing our customers all at once.”
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