Two months before the US general elections, the Federal Reserve activates a package of expansionary monetary policy that will artificially inject life into the US economy. Carlos Díaz sees this is a vote for Obama.
Japan has lost exports steam. Its current account surplus has fallen from 20.7 trillion yen to 4.4 trillion yen in five years since 2007.
The Spanish bank released Innovation Edge. BBVA claims it will share with readers its knowledge on innovation and trends affecting the financial sector.
National supervision and control has had its days, analysts at la Caixa claim. The survival of the European Monetary Union now depends on speeding up banking system integration. Or else.
The Spanish Group approached the €1 billion net profit mark in the first six months of the year, surpassing analysts expectations. Although growth comes from non-domestic demand, investment in Spain will reach €450 million.
BARCELONA | The research analysts at la Caixa remind investors of how comfortably (88.2 percent) euro area debt per GDP compares against US’ over 100 percent and Japan’s over 200 percent. But Europe is too unbalanced to survive as it is.
The Spanish company’s Brazil division Autometal now owns 50 percent of Nanjing Forging, in which Donghua had a 96.75 percent stake. The joint venture deal cost Cie Automotive €17 million.
Spain’s Ferrovial was given by Sustainable Asset Management, which assesses companies’ sustainability, 83 points or 27 above industry’s average. The corporation was first included in the Dow Jones sustainability index in 2002.
MADRID | Whereas London has gone to battle in the Scottish independence referendum, Madrid would rather focus on the dire situation of the state finances and a looming rescue when challenged by Catalan independentists. Carlos Díaz Guell believes the Spanish government has no spare strength to spend.
When you hear tourism in Spain, you may imagine local mayors receiving bribes from developers to re-qualify a piece of natural landscape that will be lost for ever. Think again. It is a strong, diverse and worth-a-fight industry.