BARCELONA | By CaixaBank research team | As Bernanke’s words are digested, it is inevitable that questions come up regarding whether this sequence is correct or, on the other hand, the Federal Reserve’s actions are untimely.
SAO PAULO | By Marcus Nunes | Some economists make the now conventional mistake of ascribing the 1937-38 recession to “austerity”. It was a classic monetary tightening (gold sterilization mostly) induced recession.
SAO PAULO | By Marcus Nunes | The amendments made on the way the US GDP is measured favoured higher positive figures, but the rate of growth has not changed in any significant way.
PRAGUE | The EU-US trade deal will bring benefits to both sides, but will pose challenges to the internal trade for both sides, plus harm the economies of other countries, writes Martin Tlapa following the publication of a report by the Bertelsmann Foundation.
MADRID | By Carlos Díaz Guell | Analysts in Madrid expect that the investigation over the causes of the Santiago accident will have made public its conclusions before the Brazilian government awards the project.
MADRID | All the “Great Depression” stories show how both the governments’ blindness and central banks made the crisis last longer. So it does makes sense that in the current crisis both governments and central banks have been active to take measures, although not necessarily successful and effective. However, the ECB has been less belligerent than other bankers and its members don’t hold homogeneous positions.
BEIJING | For Chinese economic magazine Caixin, well-managed sovereign investment companies are a trend China would do well to follow, given the size of the country’s foreign exchange reserves.
MADRID | By David Fernández, financial analyst | According to a JP Morgan report, natural gas prices in the US are at least 50% cheaper than in the UK and just a third of what Germans pay.
SAO PAULO | By Marcus Nunes | Friedman was right to claim how easy it would have been to avoid the depression, given how easy it was to turn the economy around. Today, on the other hand, we are content with remaining ‘depressed’.
BANGALORE | By Srikanth Vasuraj | 2014 is when over a billion people in the world’s largest democracy will vote to elect their next government. Who is it going to be this time? What surprises will the voters throw up?