Clik here to view.
I’ll have a political crisis with my financial one, please.
What goes best with a financial crisis? Exactly, a political one. And Spain finally got a matching pair. While the government is set to announce its latest measures, unrest is increasing and Catalonia...
View ArticleClik here to view.
The world according to the IMF
Christine Lagarde is worried. After some sort of a post-summer break from public appearances and comment, this week has been all about her and the IMF’s view on the world. On Tuesday, the IMF cut its...
View ArticleClik here to view.
Spain runs out of money for the 87th time, China under pressure
Most of today’s bad news come from Spain, where Moody’s downgraded five regions, including Catalonia, the Scotland of Spain, that accounts for a fifth of GDP, questioning the effectiveness of Spain’s...
View ArticleClik here to view.
Splitting up – Barclays reconsiders investment bank, Catalonia favors seperatism
Barclays may have to follow the seemingly unavoidable path of European banks and split. The bank’s shareholders have demanded that new CEO Antony Jenkins should let go of investment banking operations,...
View ArticleClik here to view.
Spanish recession gets worse; Toyota recalls 1.1 million cars
Spain’s recession deepened in Q4, when the country’s economy shrank by 0.7% compared to the same period in the year prior. Over the course of 2012, Spain contracted by 1.7%. The Bank of Spain says the...
View Article
