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Articles by The Corner

About the Author

The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.
africa top economies

World economy 7th March 2020

Leveraging European Capital To Build Stronger African Economies

European Views | Two months into the new decade, one of the defining trends of development finance in the 2010s is showing no signs of slowing down. “Eurobonds” – bonds issued in foreign currencies, not necessarily in Euros but often on the London Stock Exchange (LSE) and Irish Stock Exchange (ISE)  – have become a prime tool for sub-Saharan African (SSA) governments looking to raise capital for infrastructure projects or servicing debts.

Norway wealth fund

European economy 6th March 2020

Sovereign Wealth Funds Focus on Technology and Life Sciences

In the increasingly complex choreography of the world economy, sovereign wealth funds (SWF) play an ever more important role due to their capacity to channel large volumes of savings toward in- vestment and hence boost economic growth. This role is analyzed in depth in the study on sovereign funds, a joint project between ICEX-Invest in Spain and IE University, and which has become a leading instrument of analysis for the institutional investment industry worldwide.

pensiones playita

Spanish economy 6th March 2020

Spanish Pensions’ Replacement Rate Is Third Highest In Eurozone

The average replacement rate in Spain -which is defined as the average pension divided by the economy’s average salary – is 57.7%. This is the third highest in the Euro Zone, 13.6 points over the Euro Zone’s average and 7.2 and 15.7 points higher than that in France and Germany, respectively. Funcas’ experts agree that the replacement rate, one of the highest in Europe, will need to be reduced.

stoxx600 portada

Markets 5th March 2020

Uncertainty Pushes Rates To Unknown Limits

Financial markets remain volatile with the concerns about the virus spillover effect being the main market driver. After yesterday’s equity rebound, declines in the equity markets have resumed today, with market risk measures such as VIX soaring to 37, although moderated afterwards but remains above 30.

Euribor rises for fifth consecutive month

Spanish economy 5th March 2020

Respite For Spanish Banks: The European Court Of Justice Does Not Annul The IRPH Mortgage Index

The Mortgage Loan Reference Index (IRPH) represents approximately 10% of the loans granted in Spain and is the most used for Spanish mortgages after the Euribor, used in 90% of contracts. The Court of Justice of the European Union (CJEU) has left it to Spanish judges to analyze, on a case-by-case basis, whether the banks commercialized their mortgages referenced to IRPH in a transparent manner. They will be able to cancel them if it is found they have been abusive.

global growth

World economy 5th March 2020

Will a Struggling Global Economy Survive the Coronavirus?

Atul Singh | The coronavirus outbreak is putting a clearly unsustainable global economy to the test.Coronavirus is China’s Chernobyl. It is finishing what Trump’s trade wars started. Global supply chains will change. Trade will slowdown. The decoupling of China and the US will continue. Even as these tectonic changes unfold, a global recession has become more probable.