Bank of Japan brings hope to the euro
MADRID | What is important is that public debt drops and the economy recovers. And to achieve that, Japan has chosen the opposite strategy than the eurozone’s authorities.
In the World
BitCoin Frenzy: Revolution or Fraud?
MADRID | By Javier Flores (Asinver) | For some, BitCoin is a bubble, even a pyramidal fraud. For others it’s the future of a free market economy. Worst case scenario, BitCoin could be a bubble, even a scam like Afinsa and Forum Filatélico, the two stamp ponzi schemes that imploded in Spain some years ago. 16,000 people lost their savings.
The (bright) Spain you won’t get in some Anglo media
NEW YORK | A group of the most important Spanish companies presented their report “Spain, land of opportunities” in New York on Wednesday. The Business Council for Competitiveness (CEC), claim to represent more than 35% of Spanish GDP and 1.7 million Spanish employees. This is their side of the story. Economic propaganda, or real data that you won’t see in the FT nor the WSJ’s front page?
Ronnie and Maggie, political soulmates devoted to deregulation
NEW YORK | Margaret Thatcher and Ronald Reagan shared a humble background and were both committed to a conservative revolution: fight communism, dismantle government bureaucracies and deregulate key industries.
US recovery fails the American worker
WASHINGTON | Real salaries will keep falling, which in turn will mean less savings and more private debt, erasing the de-leveraging gains of the last five years.
Where free markets meet big state
MADRID | Post-war capitalism, in which the state had a leading hand addressing needs and creating markets, had extraordinary good results.
Apple apologies to Chinese consumers: clues to understand the soap opera
An Apple bashing campaign orchestrated by a protectionist government or a real reaction from consumers? The truth is Tim Cook made an unusual move on Monday apologizing to Chinese customers over the company’s warranty policy.
Japan is in recession
By CaixaBank researchers | The markets welcome the central bank’s expansionary policies but the latest indicators are still weak.
A Fact, a Lesson, and a Good Example from Americans to Europeans
By Guilherme Waldemar d’Oliveira Martins, owner of the Portuguese Audit Firm Oliveira, Reis & Associados | In downturn times like we have nowadays, the Euro Zone will face big problems if budgets don’t operate as counter-cyclical instruments.
China enters EU utilities market through Portugal
LISBOA| By José Alves | Capital Madrid| How the European Union prevents Russia from accessing strategic sectors, but when it comes to China the governments just seem to look away and open the door.