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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.
100 bills

World economy 8th October 2013

The New $100 Bill Hits the Streets

NEW YORK | The Corner Team- (Image by Andrew Harrer) | With two and a half years’ delay, the new $100 bill began circulating on Tuesday. It still has Benjamin Franklin on the front and Philadelphia’s Independence Hall on the back, but comes with new security features such as a band with moving images, ink that changes color with the angle as well as a new design. Some customers could start using it in the coming hours, depending on how close their bank is to a regional Fed facility.

No Picture

World economy 8th October 2013

Can Business Solve Social Problems?

The Corner Team via TED Talks | Should we turn to corporations or to governments and NGOs in order to solve global problems such as access to water? Is money the key (and barrier) to education, access to justice and political influence? Two radically different ideas on business and its potential for good.

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In Europe 7th October 2013

Post-Collapse Iceland: Capital Controls, Government Action – and (Possible) Creditor Counteractions

LONDON | By Sigrún Davíðsdóttir | There is yet no clear plan in sight as to how to deal with the estates of the failed banks and, eventually, lifting the capital controls in Iceland. However, the fact that the government has declared it intends to use a given “wind-fall” from the estates indicates that there is a certain wish(ful thinking). The question is how this “wish” will materialise – and most of all, if the creditors will stage some counteraction, either as a group or single creditors, to seek to claim their foreign assets in foreign courts.

No Picture

World economy 4th October 2013

Tropical Storm Karen Comes to the Rescue of Oil Prices

MEXICO FD | By David Brunat | Odd as it may sound, tropical storm Karen, expected to hit the Gulf of Mexico in the coming hours, has come to stabilize oil prices and ease concerns that a prolonged U.S. government shutdown would hurt demand. Crude rose to near $104 a barrel Friday.

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Spanish economy 4th October 2013

Spanish Public Pension System Gets a Pro-Manifesto

MADRID | By Tania Suárez | The Spanish Economic and Social Council (ESC) recently received the Government’s draft of the public pension system reform, which is causing lots of controversy since many retirees may lose their only income. In that sense, a group of Spanish economists and jurists have signed a manifesto to explain why the reform is not such a good idea.

berlusca

In Europe 4th October 2013

The twilight of Il Cavaliere

TURIN | By at La Stampa via Presseurop | Silvio Berlusconi, repudiated by some of his associates, who forced him to back the vote of confidence in the Enrico Letta government, and in the process of being ousted from the Senate – a committee is to decide on October 4 whether he should be stripped of his seat – Il Cavaliere is moving towards an inevitable exit from the political stage.

fish

World economy 3rd October 2013

To Excel in Latin America, Bet on Small Fish

MEXICO FD | By David Brunat | Think small, invest big. That’s the World Economic Forum Global Competitiveness Report advice on Latin America. While the continent’s larger economies are apparently shrinking or stalling, the usually forgotten small fishes continue to grow and have become very interesting places for business.