World economy

Russias Putin

Russians in Putin’s Russia

Evgeniya Khilji | Tensions between “Russians” and “others” can be observed more closely in Putin’s Russia’s large cities such as Moscow and St. Petersburg, where the concentration of legal and illegal immigrants is high. Ethnic Russians feel threatened by the large numbers of incoming ‘visitors’.


greenland

Global warming for a wealthier Greenland

Presseurop.eu | By Annelien De Greef | For a long time, prawns were all that Greenland was famous for. However, the melting ice caps mean that natural resources are there for the taking. This development is both a curse and a blessing and one that puts the Danes in a difficult situation.



Brazil

Hope turns into disappointment in Brazil

BARCELONA | By CaixaBank Research | Brazil’s GDP grows by a disappointing 1% year-on-year in the third quarter of 2012. Inflation fails to moderate and remains at 5.5%, above the central bank’s target.



Davos

Davos in brief

MADRID | By JLM Campuzano, Citigroup analyst | The World Economic Forum hosted in Davos these days focused its debates on how reliable is the economic recovery, central banks and currency exchange.



No Picture

Why we need growth now

Public spending can be cut down particularly when there is growth and economy expands. One has only to look at the US’ GDP to learn a powerful lesson: austerity untimely implemented does more harm than good.


China’s growth: the glass half full or half empty?

China’s growth for 2012 was released by mid-January: an overall growth of a 7.8% with a slight increase of 0.1 points for the last quarter, topping a 7.9%. The widely expected figure was the lowest since 1999. But is this a negative or a positive sign?


renewable energy

Green religion means expensive gas prices

Why has gas prices in Europe escalated up so much more than in the US? Why should taxpayers fill the gap when politicians play with green magic that turns unaffordable? Renewable energy sounds right but costs should be explained.