MADRID | By Jorge Chamizo via Capitalmadrid | This year was going to be bright for the Spanish Football League. Clubs have obtained 390 million by exporting players to foreign teams. But this record may be frustrated by the Real Madrid’s stratospheric deal of 100 million for Gareth Bale.
MADRID | By J.P. Marín Arrese | Christine Lagarde’s stern warning on potential problems ahead for emerging countries has been delivered in rather a blunt way: “even with the best of efforts the dam might leak”. At the annual Fed gathering in Wyoming she claimed “further lines of defence” were needed to address a financial crisis. The hike in interest rates following the prospect of a progressive tapering in asset purchases by the US, has induced a sharp reversal in fund flows between developed and emerging markets.
BEIJING | By Andy Xie via Caixin Magazine | As the U.S. continues to normalize interest rates, emerging economies become vulnerable. Brazil and India are at the eye of the storm, but China with its huge property bubble should be wary.
Roosevelt Institute Fellow Susan Crawford responds to two recent New York Times op-eds that claimed high-speed Internet access is in good shape in the U.S. Crawford claims that the large cable distributors in America have clearly become the nation’s monopoly suppliers of terrestrial wired connections, each in its own footprint.
SAO PAULO | By Marcus Nunes | The author believes that two ‘obsessions’ are at the root of the loss in nominal stability that took place in the Bernanke Fed: the ‘obsession’ with inflation and its counterpart, the ‘obsession’ with interest rates.
BEIJING | Calls to reform China’s one-child policy are growing, and the government should respond by considering the range of options available, Chinese economic magazine Caixin states. That would boost the economy by reshaping the demographic structure to support sustained growth.
It’s not going to get any easier for clean energy sector soon. Although it is gaining in public image, global investors will remain cautious as long as gas prices remain low.
BANGALORE | By Srikanth Vasuraj | As U.S. president Barack Obama recently stated on Twitter, “India is not simply emerging. It has emerged”. Whilst China is considered the world’s largest market because of its population, India is still a preferred destination because of the size of its consumer market and ease of doing business.
BARCELONA | By CaixaBank research team | In order to be effective, pending reforms in Mexico should make public revenue less dependent on oil, such as by eliminating income tax deductions.
BRATISLAVA | By Andrej Matisak | “Corruption is rampant. Giving bribes is not unusual. Do in Rome as Romans do. So many foreign companies have also followed the practice in China.”