Waiting for the Sequester
WASHINGTON | The key aspect of the sequester will be noticed in some other form–34 percent of the States’ budget comes from the Federal Government. Now, those transfers are going to be cut because of the sequester.
World economy
Obama in the Middle East: results, and a price tag
NEW YORK | Obama didn’t manage to resume the peace process between Palestinians and Israelis because there was nothing to resume. The surprise is that his trip did work to boost Israel-Turkey relations.
An Indian lesson: it’s democracy, stupid!
India can only progress if it buries the ghosts of Nehru and Indira.
The roaring beast of unemployed youth in the MENA region
by Jean Abinader | Jobs and meaningful employment are demands highlighted by the Arab Uprisings that will not go away. Governments are struggling to recast technical and vocational training into effective vehicles for preparing market-ready youth.
China faces social challenges, at last
BEIJING | In his last speech the outgoing Prime Minister, Wen Jiabao, acknowledged the social challenges China is dangerously facing. The new leadership will have to deal with local governments and State Owned Enterprises ready to defend their current status quo and likely to be sceptical about any form of reform.
America’s forgotten economics: Social Democracy
By Bulent Temel | Social democracy promoted by the late Harvard political economist John K. Galbraith is the future of capitalism with its emphasis on equity and responsibility alongside prosperity.
Mexico moves forward in reforms
By CaixaBank research | Analysts expect domestic demand will continue to support growth in 2013.
The problem with US employment rate
By CaixaBank analysts | The reduction in doubtful loans, easier financial conditions and creation of households will continue to support the recovery in housing. But persistently low participation in employment is a source of risk for 2013.
In US we trust
MADRID | Europe is unable to deliver growth on its own. By sticking to fiscal virtue, no matter the price as Ms Merkel has recently voiced, it lacks enough stamina to get out of the current recession.
Obama gives “New NATO” a go-ahead
In his annual State of the Union speech, US President endorsed long awaited EU-US free trade talks that could spur growth and create new jobs.