MADRID | By Carlos Díaz Güell | Spain’s GDP growth in 1Q14 (0.4% on a quarterly basis and 0.5% year on year) was backed by an increase in the national demand (1%), which was boosted by an atypical upturn of the public consumption. Meanwhile, the external sector moved away from the upward trend that had been following in the last few years which was affecting growth.
Iris Mir | During the last decade China’s food imports grew by 21% a year. The country is running out of arable land where to farm basic food like grains and cereals or where to grow its cattle. So it’s going abroad to acquire millions of hectares of land from other countries.