Presseurope | by Karin Finkenzeller | Hard-hit by the crisis, Lisbon is wooing rich investors from its former colonies. Anyone who invests in the country has a good chance of obtaining a visa — and an open door to the rest of Europe.
Sapinhoa is one of Brazil’s largest oil fields, with estimated reserves of 2.1 billion barrels of high quality oil. In the next 18 months Repsol’s platform should reach its daily production peak of 120,000 barrels.
Trevor Cohen | Latin America has suffered centuries of resource exploitation at the hands of foreign powers, without translating gains to the majority of the population. However, there are signs that the effects of China’s appetite for these same resources may break the disastrous boom bust cycles of the past.
BRUSSELS | In November 2012, 5.799 million young persons (under 25) were unemployed in the EU, of whom 3.733 million were in the euro area.
MADRID | by Citigroup’s José Luis Martínez Campuzano | “There is, unfortunately, some shared ground between Europe and the US: the apparent impossibility to reach major political accords on economic policies.”
AMSTERDAM | Presseurop.eu | By Melvyn Krauss | The last minute negotiations in Washington to avoid a budget shortfall show that short-termism is well grounded in US politics. And by contrast, it shows that despite her controversial handling of the euro crisis, the German chancellor is wise enough to instead push for long-term solutions.
VALENCIA | By Jaume I University professor Manuel Illueca | Public entities are convenient at some times, when credit is unavailable, but they cannot turn once more into financial institutions separated from economics logic or into rogue organisations.
BEIJING | Great social and economic inequalities could jeopardise the plans of making of internal consumption the main engine of growth. The figures released before the end of the year warned of the growing gap between the rich and the poor.
After two decades of relative decline, decision makers in Tokyo need to tackle serious reforms to boost Japan’s economic system. This is the first part of a series published by The Fair Observer perusing the country’s economic challenges.
What would you say the main drivers of the economy this year have been? When it comes to the US, experts point out to the euro turmoil