SAO PAULO | By Marcus Nunes | Unfortunately, there´s not much to celebrate on this Labor Day. I start by showing what to me is the most telling chart of all concerning the labor market and which I believe contains the “seeds of destruction” in so much as it destroys skills and the likelihood of a return to meaningful employment in the future.
Roosevelt Institute Fellow Susan Crawford responds to two recent New York Times op-eds that claimed high-speed Internet access is in good shape in the U.S. Crawford claims that the large cable distributors in America have clearly become the nation’s monopoly suppliers of terrestrial wired connections, each in its own footprint.
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.
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 | Despite all the Quantitative Easing charges, there’s simply ‘no inflation to be seen since the ‘recovery’ took-off four years ago.
LONDON/MADRID | Eurogroup leaders must be helplessly looking at the other side of the Atlantic with at the very least a moderate degree of envy: job numbers are improving at a pre-crisis rates.
MADRID | By Antonio Arroyo | The U.S. is undoubtedly the world’s military leader: 40% or the world’s defence spending comes from the country and since 9-11 attacks the budget has been increasing until 2011 cuts. Although worldwide criticized by its espionage programs, the U.S. remain sort of a global moderator, which in the author’s opinion is better than having several countries doing the same or no referee at all.
MADRID | By JP Marín Arrese | The real task facing negotiators is tackling the non-trade barriers. Divergent regulation on goods and services represents a formidable hurdle for exporters on both sides of the Atlantic.
BARCELONA | By CaixaBank research team | The projected improvement in revenue would not be enough to offset rising outlays, taking federal debt to an alarming 200% of GDP by 2037.
NEW YORK | By Ana Fuentes | Half a million phone calls, emails and text messages bugged by the American security agency in Germany over a typical month; microphones at the French, Italian and Greek missions and Embassies in Washington… European leaders are outraged. The last Snowden saga revelations might compromise their trade deal with the US.