Spain, Bottoming Out

Global Economy, On the cover, Sin categoría, Spain

“It’s not how far you fall, but how high you bounce that counts.” Zig Ziglar

I have mentioned in interviews for a few months that indicators show that Spain is bottoming out and showing signs of improvement. Nobody can deny that in the past I have always doubted the so-called “green shoots”, but this year the encouraging data accumulation is significant. Continue reading Spain, Bottoming Out →

Death in the City of London, Demagoguery and Mediocrity

Global Economy, On the cover, Sin categoría

Surely you have read that a bank intern at the City of London sadly died a couple of weeks ago after allegedly working 72 hours straight. Well, if you have read the chronicle of the press, you will probably be horrified at the description of “inhuman hours’, deaths and suicide in the financial sector. Nothing is further from reality. Continue reading Death in the City of London, Demagoguery and Mediocrity →

Attack on Syria and the real risk for oil markets

Global Economy, Oil Market, On the cover

‘The question is not whether there will be a military action against Syria. The questions are “who?”, “What?”, and “when”? ‘ – SocGen Analyst

In 1973, Hafez Al-Assad was the president of Syria . Between that year and 1982 the regime conducted a systematic terror campaign against the opposition, which led to the slaughter of up to 40,000 people after the rebellion of the city of Hama. Al-Assad remained in power until 2000, when he was succeeded by his son, Bashar , the current Syrian leader. During all those years, outrage and international criticism of the regime always ended in many words and little action. Continue reading Attack on Syria and the real risk for oil markets →