Truce in the euro area’s peripheral debt markets
Rating agencies keep Spain’s credit rating at investment grade. The stability of the United States’ debt market, threatened by the fiscal cliff.
Search Results for ten lost months
Catalonia’s unemployment reaches historical record
Over the last month, unemployment in Catalonia grew by 2.19%, while a year ago, in October 2011, it grew by 2.43%.
Japan: the cost of the nuclear switch-off
Japan is slowing down and faces a second half of 2012 with weak activity, CaixaBank research shows. The fact that the nuclear switch-off will increase the cost of energy imports doesn’t help.
Spanish banks with capital deficiencies initiate their viability plans
The capital requirements of each institution have now been published, but non-performing loans continue to increase sharply. Nevertheless, CaixaBank analysts indicate, the fall in deposits of firms and households is partly due to issuances of commercial paper with more attractive, higher returns.
Ignore our digital natives at your peril
Did you know that at O2, 20% of the workforce is under the age of 25? Ann Pickering, human relations head at Telefónica UK, sees a generation with the necessary skills to pull the British economy out of recession. Her view may even be applicable to the rest of the European Union.
An inopportune trade deficit for Japan
Japan has lost exports steam. Its current account surplus has fallen from 20.7 trillion yen to 4.4 trillion yen in five years since 2007.
Spail-out?
By CaixaBank research team, in Madrid | According to the Spanish Royal Academy, «rescatar» or bail out in Spanish is to release from danger, harm, trouble or oppression. Given the misgivings that the outcome of the Greek elections might lead to the country leaving the euro, something that would have hindered the considerable financing needs of Spain and Italy over the coming months, the Eurogroup welcomed the Spanish request and…
“I expect a bad surprise for Italy during next fall or winter”
By Tania Suárez, in Madrid | Hanseatic Brokerhouse's director general in Spain, Gabriel Montalto, said in a conversation with The Corner that international investors have lost trust over Italy and Spain. Also, he considers that both countries will have to publicly accept the reality of the situation if they want to win back the confidence of markets. Question. Apart from the approval of the national parliaments, are there any other…
Sabadell bank’s Jaume Guardiola: “This is the first euro crisis, we’re learning”
MADRID | In a interview published by El País this weekend, Jaume Guardiola, Banco Sabadell’s CEO (which is the fifth Spanish bank in terms of assets) said he was very optimistic about the country’s financial system and its economy as a whole. Despite the crisis that besieges Spain’s banking sector, he noted the industry will become smaller and more professional. He also thinks that the Spanish economy is showing “unequivocal”…
Obama is waiting anxiously for the jobs’ boost
NEW YORK | U.S. investors are looking forward to this Thursday’s jobless claims figures after the pretty lame monthly jobs report last week. Wall Street needs a sweetener, otherwise investors will keep on the sidelines of the stockmarkets. Only a better than expected (366,000 new jobless claims) figure could boost U.S. market and economical confidence. Indeed, last Friday’s report was shocking: America is creating employment almost at the same rate…