Markets

Federal Reserves Bernanke and ECBs Draghi

US Federal Reserve’s historical decision

Mr Draghi, governor at the European Central Bank, should listen to his American colleague at the Federal Reserve. And follow suit by means of expnasionary monetary policies even if inflation reaches 4 percent.


No Picture

US mistreat immigrants at its own peril

Unlike during the 1980s, when skilled immigrants could get green cards in as little as 18 months, today it can take as long as 17 years. Failure to fix this problem, says Wadhwa in an interview with Knowledge@Wharton, is killing American innovation and entrepreneurship.


European equities

The City eyes European equities

LONDON | As 2012 finishes, the first accounts from the City of what the year was like bring doses of optimism. The euro zone will polish its banking and fiscal union, and Greece will stay within, analysts forecast to investors.





foreign sector data

Spain’s foreign sector brings good news

BARCELONA | By CaixaBank | Exports to countries outside the euro area rise by 14.5% year-on-year. Spain’s net debt position with the rest of the world falls to 93.7% of GDP.