The more I read and suffer the European policies designed to “protect climate”, the more questions I make myself, and the greater the desire to share them with you. Continue reading Climate protection policies, more harm than benefit?
This article was published in El Confidencial (courtesy @migartua)
“The erosion of central bank independence around the world threatens to unleash a round of competitive exchange rate devaluations. It is already possible to observe alarming infringements, for example in Hungary or in Japan, where the new government is massively involving itself in the affairs of the central bank, is emphatically demanding an even more aggressive monetary policy and is threatening an end to central bank autonomy,” JensWeidmann (Here)
Central banks have become the main weapon of countries to try to revive their battered economies by devaluing their currency aggressively against the rest. The world is fully immersed in the so-called currency war and the “aggressive” easing announced yesterday by the Bank of Japan is but one more episode of this strategy that has its maximum expression in the U.S. since the financial crisis of 2008. Continue reading Currency wars and Germany’s gold
INVEST IN SPAIN is the official Spanish organisation for the promotion of foreign investment in Spain. It focusses on new direct investment and investment in companies. Please find below the link for the presentation on opportunities for investment in Spain. I would like to highlight the sectorial approach with information on the main sectors of the Spanish economy.
http://www.investinspain.org/icex/cma/contentTypes/common/records/viewDocument/0,,,00.bin?doc=4461005
This article was published in El Confidencial on January 19th 2013
“This threat of cronyism and patronage is not a threat. I think it’s a promise ” John Gage
“I do not worry if there are useless people in this organization, what worries me is if the useless are proactive.” This sentence comes from a senior executive with whom I had the pleasure of working for many years, and it encapsulates the biggest risk facing the ‘brand Spain’ after the recent embrace of optimism courtesy of the fall in sovereign risk premium. Now Spain faces its own acid test. Continue reading Kleptocracy, value creation and the opportunity for Spain