In the World

euro

Even the World Happiness Report 2013 Feels the Eurocrisis

NEW YORK | By Ana Fuentes | Thinking of moving abroad? You might consider that Denmark, Norway and Switzerland are the most satisfied countries, according to the World Happiness Report 2013. However, Europe has a gloomy side called austerity: rankings for Greece, Italy, Portugal and Spain have dramatically plummeted because of the impact of the euro zone crisis.


No Picture

May an intervention in Syria harm the U.S. economic recovery?

NEW YORK | By Ana Fuentes | Barack Obama will give six interviews to U.S. media this Monday to build public support about an intervention in Syria. The White House is using its lobbying skills to make a case for an action that for some analysts could compromise the last good economic data.

 


Prosecutors

U.S. Government: Prosecutors Take the Lead

WASHINGTON |  By PABLO PARDO |  With Barack Obama’s popularity decline, those who are taking the lead are prosecutors. The Justice Department is using techniques that had usually been the domain of criminal investigations to pursue crimes on Wall Street.


Oil

Syrian crisis makes oil an investors’ bunker

NEW YORK | By Ana Fuentes | With the Syrian crisis dominating the G20 summit agenda, investors are expectant about the coming events and looking for the best plan. For many analysts oil is a better bet than sovereign bonds, since crude oil prices could jump more than 20 percent if a U.S. military strike drags other countries into the Syrian conflict.



No Picture

Why the IMF’s last report on Spain doesn’t make the cut

MADRID | By Luis Martí | Spaniards are not slim quite yet. Or that’s how the IMF’s last report sees it. While admitting that reforms have gone quite far, the IMF wants wage earners to run an extra mile. But there are a few reasons why the institution’s proposal doesn’t make the cut.


G20

G20 summit: Poor Damasco, congrats Istambul!

MADRID | By A.A. | Saint Petersburg, G20 summit. Forget fiscal havens and banking regulation: the only relevant issue seems to be the eventual operation in Syria. Should it take place before Saturday, many would regret it. The only positive collateral effect in the author’s view is that it would help Istambul to host the 2020 Olympic Games.


g20

G-20 meets poisoned by acrimony

MADRID | By JP Marin Arrese | When G-20 leaders meet tomorrow, discussions will be exposed to bad feelings and deep-rooted bitterness. Since the Cold War relations between the US and Russian presidents had never sunk to such low levels of mutual understanding. The unilateral intervention in Syria is poisoning bilateral relations, Mr Putin considering it as sheer trespassing in his own backyard. His latest offer to envisage a green light should Damascus responsibility be fully substantiated amounts to a time buying tactic. Should the US rebuke this overture, it could lead to an open clash.


americarecovery

U.S. recovery’s 5th Labor Day… and still counting

SAO PAULO | By Marcus Nunes | Unfortunately, there´s not much to celebrate on this Labor Day. I start by showing what to me is the most telling chart of all concerning the labor market and which I believe contains the “seeds of destruction” in so much as it destroys skills and the likelihood of a return to meaningful employment in the future.


indianeconomy1

WEEKEND READ: Should we worry about Indian economy’s slow down?

BANGALORE | By Srikanth Vasuraj | Is India headed back to 1991 crisis? It’s true that the country’s economy is slowing to dangerously low levels, although for PM Manmohan Singh the rupee’s sharp decline is partly due to the U.S. Federal Reserve closing the liquidity tap. The author analyzes the main drivers of the world’s largest democracy.