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CNN (March 9)

2017/ 03/ 11 by jd in Global News

“Its motto is “More than a club” and Spain’s Barcelona produced more than a result Wednesday routing France’s Paris Saint-Germain 6-1 to qualify for the Champions League quarterfinals.” Many had given up on the team, but Barca became “the first team to overturn a first-leg 4-0 deficit in the history of the Champions League.”

 

The Economist (February 21)

2015/ 02/ 22 by jd in Global News

“Deflation can be a good thing. But today’s version is pernicious.” Prices have fallen in Germany, Italy, Spain, Greece, indeed the euro zone as a whole, and “ultra-low inflation is also widespread. America, Britain and China each have inflation rates of less than 1%.” Should there be another crash, central banks would have little room to act. “The world is grievously underestimating the danger of deflation.”

 

Financial Times (December 30)

2014/ 12/ 31 by jd in Global News

During 2014, populists “enjoyed one of their most encouraging years since the second world war. Insurgent anti-establishment movements recorded electoral triumphs and opinion poll gains everywhere from France and Greece to Spain, Sweden and the UK.” Despite this resurgence, the populist movements are often at cross-purposes, differing widely in what they support.

 

Wall Street Journal (October 29)

2014/ 10/ 29 by jd in Global News

Spain may be Europe’s “only real turnaround story in this crisis.” Growth looks poised to hit 1.3% for 2014. “The economy added 151,000 jobs, and unemployment fell 0.8 percentage points.” But Spain remains a qualified success. At 23.7%, the unemployment rate is “still a numbing figure, but well down from last year’s 26%.”

 

Forbes (February 10, 2014)

2014/ 02/ 10 by jd in Global News

“Beijing is becoming more dependent on the U.S. and the rest of the world for its strength and prosperity.” Though it may be the largest holder of U.S. Treasuries, this is not a sign of strength. “The idea that a government gains strength by piling up dollars or other foreign currencies is a mercantilist holdover from the 16th to 18th centuries, when France, Spain and others thought amassing gold and silver was how a country became wealthy. Trade, not hoarding, makes for a powerful economy.”

 

Bloomberg (January 22, 2014)

2014/ 01/ 22 by jd in Global News

Bloomberg released its annual rankings of the best countries for business in 2013 and these were 1. Hong Kong, 2. Canada, 3. U.S., 4. Singapore, 5. Australia, 6. Germany, 7. United Kingdom, 8. Netherlands, 9. Spain and 10. Sweden. Japan slid from #3 in 2012 to #12, but still finished ahead of South Korea (#13) and China (#28).

 

The Dallas Morning News (November 21, 2013)

2013/ 11/ 22 by jd in Global News

“From Europe, from Asia, from Latin America, they’re here to be the eyes of their nations, here from places like Serbia, Germany, Spain and Japan. Five decades have passed, but even beyond America, the Kennedy charisma still charms, the mystery still intrigues.” Over 900 members of the press from around the world requested credentials for the official 50th anniversary ceremony to be held in Dallas where JFK was fatally wounded.

 

Washington Post (October 27)

2013/ 10/ 28 by jd in Global News

“Not many countries would cheer about an economic growth rate of one-tenth of 1 percent, sustained for a mere three months. But for Spain, which has been mired in negative growth for two years, the tiny uptick in the third quarter of 2013 represents a kind of breakthrough.” For Europe, however, this is just the slightest hint of a “silver lining in a what is still a very dense, dark cloud hanging over Europe’s economy. Spain and its fellow euro-zone debtors — Italy, Portugal, Ireland and Greece — don’t just need a trickle of growth to bring down their unemployment rates and debt-to-gross-domestic-product ratios. They need a gusher; many consecutive months of high-single-digit growth. And there is no short-term prospect of that.”

 

New York Times (September 8)

2013/ 09/ 09 by jd in Global News

“For the International Olympic Committee, environmental concerns in Japan appeared less urgent than the Syrian war on Turkey’s border, a harsh crackdown against antigovernment protesters recently in Istanbul and Spain’s economic recession and high unemployment…. Amid such economic, political and human rights maelstroms, Tokyo was seen as a calm harbor. It won handily over Istanbul in the second round of voting, 60-36, in a secret ballot of Olympic delegates.”

 

The Economist (October 24)

2012/ 10/ 27 by jd in Global News

There’s no end in sight to Europe’s “carmaking crisis.” Sales have fallen for 5 straight years in the EU. In September, year-on-year sales were down 11% across the EU, 18% in France, 26% in Italy and 37% in Spain. “Britain was the only significant market to enjoy a small rise.” With production capacity of 17 million cars a year, and current demand around 13 million units, “the overcapacity is glaring.”

 

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