BARCELONA | By CaixaBank research | It is the euro area that is most dependent on exports. That is why the EU has once again started to discuss the urgent need to carry out an ambitious agenda of structural reforms.
NEW YORK | By Ana Fuentes | For the first time since 1970, medical costs in the US went down a seasonally adjusted 0.1% in May, according to the Labor Department, due to more generic drugs reaching the market and the effects of the new federal law. However, consumers shouldn’t get overexcited: they will still spend a big chunk of their wages on health care.
NEW YORK | By Ana Fuentes | The US president visited his key ally in Europe amid tensions caused by the American surveillance program, their use of German military bases for drone strikes and Obama’s disagreement with chancellor Angela Merkel on how to handle the euro crisis.
MADRID | By Luis Arroyo | Lower salaries do not always bring more employment. This is a myth. The liberalisation of the labour market is altogether another matter, and in some Eurozone countries–as Spain–we are still waiting for it to be implemented.
MADRID | By JP Marín Arrese | The G 8 declaration doesn’t encompass any timetable to implement the tough foreseen discipline, nor a precise rule book on how turning into practice such good intentions.
Keep in mind a new concept: Lionomics. An acronym that gives name to the ambitious process of economic reform the new Chinese Prime Minister Li Keqiang must bring forward.
Accomplished businessman expert in global licensing for private channel HBO, James Costos may focus on fighting Spain’s exorbitant copyright infringement. If confirmed by the Senate, he will replace Alan D. Solomont.
NEW YORK | The US Supreme Court has ruled unanimously against patenting human genes. A decision expected to have a huge impact on the biotech industry: European firms may now have more leeway than their American counterparts.
BEIJING | By Qu Yunxu at Caixin | The European Commission is imposing a provisional anti-dumping tariff on Chinese solar panels until August. Beijing has launched an anti-dumping and anti-subsidy investigation over European wine in China. What’s behind this war?
MADRID | By Antonio Sánchez-Gijón at CapitalMadrid | Turkey protests cannot hide the country’s real problems, such as Ankara’s lost of influence in the region and the stagnation of negotiations with the EU to join the club.