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.
No Picture

Weekend link fest

A curated selection of links we hope can enlighten us all; some come from our corner, some do from other corners of the net. And as always, our comment widgets are anxious to get your suggestions: Humor: The Daily Telegraph on James Murdoch The Inequality Map Occupy Wall Street according to The Economist What if cancelling all university fees only favoured the privileged? Seven books for financial advisers and their clients The…


No Picture

Vidal-Folch's response to the City of London: "rubbish"

In last Thursday’s edition, the Spanish newspaper El País included in its business pages an opinion piece by journalist Xavier Vidal-Folch about the systematic opposition of the City of London to the Tobin tax. The main thesis of the article is that London is blocking the tax to protect speculators and tax havens. With this idea as the main point, Vidal-Folch reels out facts and reflections, some of which we…


No Picture

Vidal-Folch’s response to the City of London: “rubbish”

In last Thursday’s edition, the Spanish newspaper El País included in its business pages an opinion piece by journalist Xavier Vidal-Folch about the systematic opposition of the City of London to the Tobin tax. The main thesis of the article is that London is blocking the tax to protect speculators and tax havens. With this idea as the main point, Vidal-Folch reels out facts and reflections, some of which we…


No Picture

FCC’s foreign income exceeds domestic for the first time in its history

Report by Julia Pastor, in Madrid | FCC has obtained €178 million in the first nine months of 2011, which means a 6,9% less than in in the same period of 2010, according to a  Friday’s company press release. Nevertheless, FCC’s internationalisation process, with a growing income from foreign markets of almost 9,9% reaching €4.309 billion, represents a milestone in FCC’s 100 years history: for the first time, income coming…


No Picture

Santander: "the reduction of the euro zone is an unlikely and unfeasible scenario"

Report by Julia Pastor, in Madrid| The news of the day in all European media is the Franco-German proposal to create a hard core Europe, which would consist only of the countries able to maintain fiscal discipline. The new euro zone would consist of nine countries, including Spain. The response of the European Commission, through its president Durao Barroso, was clear: “A divided union with an integrated core and disconnected…


No Picture

Santander: “the reduction of the euro zone is an unlikely and unfeasible scenario”

Report by Julia Pastor, in Madrid| The news of the day in all European media is the Franco-German proposal to create a hard core Europe, which would consist only of the countries able to maintain fiscal discipline. The new euro zone would consist of nine countries, including Spain. The response of the European Commission, through its president Durao Barroso, was clear: “A divided union with an integrated core and disconnected…


No Picture

Spanish tourism industry generates more revenue than in 2007

MADRID | Tourism in Spain has overcome the crisis and is experiencing its fourth best year. The sector is expected to close with 57 million foreign tourists and an 8% increase in spending. Its revenues now exceed the €1.5bn obtained in 2010: 14% more than in 2007 and 2008. Secretary general of domestic trade and tourism, Joan Mesquida, said in an interview with Europe Press: “We are quite far from the…



No Picture

Federal European Union versus Intergovernamental European Union

By Jacobo de Regoyos, in Brussels | The financial roulette russe has become a variable-geometry argument that serves both to justify an intergovernmental Europe and a federal Europe at the same time. Among the latter, we’d find most of EU officials, especially the president of the European Commission Durao Barroso, who believes that the EU must complete its monetary union with a real economic union. Yet, Barroso opposes the Franco-German…


No Picture

What the Italian media says about Berlusconi's vows

Il Sole 24 Ore “We are at the center of the world's storm, but we can quickly recover. Italy today needs international credibility; it needs people who know the language of markets and of States and who know how to speak to Countries of the euro area but also to Switzerland, the United Kingdom and Obama's United States as well as to the “new rich” countries of the world, starting…