Lagarde and Merkel, two hawkish women in tune
In the World
Unveiling the actual US unemployment data
Recovery problem: job rate’s pulse is weak, statistics are misleading, and the construction sector –that in 2004 created 14% of the jobs but last year didn’t reach 3%,– looks gloomy. WASHINGTON | According to provisional statistics, the US created 200,000 jobs in December and 1.64 million around 2011, being 2011 the best since 2006 in terms of job creation. The employment forecast for 2012 is 2.1 million –unemployment rate ended the…
All about our Bankia-Caixabank merger gossip
Technology disruption comes to the travel sector, tourism industry needs update
Nobody wanted to see it
We better keep an eye on Chinese housing prices
By Julia Pastor | Given the changing global economy and its prospects for the coming months, all eyes are on China, where policies to curb real estate prices are beginning to take effect. According to official data from the national statistics office, that JP Morgan in Spain includes in its Friday report, in November, new housing prices in China fell by -0.17% MoM (although they are still at +2.3% YoY)…
US Insight expands in Europe through Inmac adquisition
US company Insight Enterprises, a global technology provider of hardware, software and service solutions, has announced that its European operation will acquire Frankfurt-based Inmac, a broad portfolio B2B hardware re-seller based in Germany and Netherlands servicing clients across Western Europe. Inmac’s revenues are approximately $120 million. The transaction is expected to in mid-February. “We are extremely excited about the acquisition of Inmac, which will provide a great team, broad client base…
Industrial market conditions still sound
Inequality map
China’s foreign debt grows by 27% but “it’s safe,” say officials
China’s foreign debt totaled $697.16 billion at the end of September, a rise of 27 percent over the figure at the end of 2010, according to the foreign exchange regulatory officials of the Asian country. The short term debt accounted for 72.81 percent of the total, amounting to $507.63 billion, underlines the State Administration of Foreign Exchange on its official website. In addition, the institution explained that 75.81 percent of…