Large Spanish Companies’ Electricity Consumption Grows
Electricity consumption by large and medium-sized companies grew by 2.5% in August from a year earlier.
World economy
Abenomics Trades: The Beginning Of The End, Or The End Of The Beginning?
BARCLAYS | Japan’s Recession probability are high GDP growth in Q3 15 will have crucial implications in gauging the economic and policy outlook for the near future.
Challenges and solutions to avoid a global pensions’ crisis
A group of top international experts recently gathered in Madrid to analyse a problem politicians do not want to talk about as they are afraid of losing votes: are we facing a global pensions’ crisis.
Iceland’s recovery: myths and reality (or sound basics, decent policies, luck and no miracle)
Icelandic authorities ignored warnings before October 2008 on the expanded banking system threatening financial stability but the shock of 90% of the financial system collapsing focused minds.
China-Based Bank Shows Asia is Rising
By Jarno Lang | On June 29, under the leadership of China, 50 founding members signed contracts to create the Asian Infrastructure Investment Bank (AIIB), with its main hub in Shanghai.
China PMI disappoints, reaching its lowest level since March 2009
London | Barclays | The Caixin ‘flash’ manufacturing PMI slipped to 47.0 in September, coming in below expectations and weighing on Q3 growth.
The imminent inflation increase
London | UBS | At the risk of making an obvious point, the fall in crude oil prices is not all there is to the impact of oil on consumer price inflation.
La Cina è vicina (China is Near)
Marco Bellochio was probably unaware of how close China could become when he directed his famous movie portraying a rotten Western society besieged by Mao’s revolutionary thrust. History eventually proved that the Little Red Book had less enduring success than the Holy Bible…
The Constitution on Chinese SOEs Reform
By Wang Lan via Caixin | The rules for China’s government provide space for the state-owned economy and public ownership, but this still allows for limiting the role of SOEs.
Rates: Back to the waiting game
The FED not only held unchanged its rates in its last FOMC meeting last week. It plunged investors into utter disarray by delivering an extremely dovish message on future action. The prospect of a hike this year loses steam while bewildered markets pull back to the waiting game.