The BRICS bank: the first big move in China’s global weiqi game
If the BRICS development bank becomes a reality it would be a milestone in the consolidation of this group of emerging markets.
Technology and economics
Spanish direct investment abroad rebounds
After a period of consolidation following the onset of Spain’s recession in 2009, which led some multinationals to sell assets regarded as non-strategic, particularly those that needed to reduce their debt levels, companies are investing again.
Alexis Tsipras’ support for Juncker shows the extent to which the UK’s position is out of sync with public opinion across the EU
David Cameron has opposed Jean-Claude Juncker’s candidacy for the next President of the European Commission. While Juncker may not be the best candidate for the job, he is the most legitimate from a democratic perspective.
Spain’s flourishing tourism: the mainstay of the economy
Tourism is the most flourishing part of the country’s otherwise ailing domestic economy and together with increased exports has played a major role in pulling Spain out of its long recession.
BRIC nationalism
The election of Narendra Modi in India has marked the arrival of another nationalist at the head of a BRIC. This new BRIC nationalism is accompanied in many cases by the attempts to boost the economies of these countries, with various formulas.
Spanish economy: growing at last but hardly denting unemployment
The Spanish economy is now firmly out of recession and jobs are beginning to be created, particularly in the services sector, but the stubbornly high unemployment rate will not dip below 20% until 2017, according to the government’s forecasts.
Spain: foreign direct investment on the rise
The growth in foreign direct investment in Spain in 2013 underscores the increased international confidence in an economy that is beginning to recover from a five-year recession, albeit weakly.
China: bracing itself for financial turbulence
The Chinese financial markets might have to see a few market players stumble and fall in order for the reform process to continue its course on a sustainable path.
US-EU trade negotiations: what is at stake?
The trade negotiations between the EU and the US are motivated more by geopolitical than economic considerations.
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