The Spanish soccer debt bomb could explode: the teams from La Liga owe $975 million to the Spanish tax authorities but the European Commission wants to halt public funding and defuse the bomb.
A red card for Spain’s debt-ridden soccer clubs
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Monthly Archives: April 2013
ADB sees Asia-Pacific sustainable growth but risks of bubbles
Economic recovery in the emerging markets of the Asia-Pacific region remains at risk from asset bubbles resulting from rising capital inflows, the Asian Development Bank (ADB) warns in its latest annual Development Outlook.
Thatcherism and Britain’s pre- and post-Thatcher economy
Thatcherism triumphant. Photo Credit: Reuters
Margaret Thatcher’s economic legacy is to have brought a sharp, if not short end to Britain’s regime of post-Second World economic management.
The world economy on the move in one chart
The Chinese aren’t coming. They’ve come. As tourists. Chinese spent more on international tourism last year than those from any other country for the first time. Their rapid ascendency of the league table of the world’s top tourism spenders reflects a broader change in the global economy.
The ultimate list of secret money
A trove of leaked documents, up to 2.5 million digital files, is exposing obscure financial dealings by politicians, artists, and the mega-rich in more than 170 countries.
American jobs take a spring swoon
March’s U.S. new jobs numbers are startling. They are so far off from both expectations and recent trends that investors will be reaching for the smelling salts.
Big, bold BoJ
Abenomics reflects a frustration with monetary policy’s capacity to lift real economies out of the Great Recession.
Mexico’s Peña Nieto looks to strengthen relations with China
President Enrique Peña Nieto is visiting Asia on a practical mission: to persuade China to be a bigger investor in Mexico, not to present his country as a competitor, and to kickstart the countries’ almost nonexistent diplomatic relations.
SEC embraces social media for Regulation FD reporting
The U.S. Securities and Exchange Commission sensibly moves with the times, bringing social media into orbit of Regulation Fair Disclosure.
America’s best- and worst-paying jobs
Don’t put your daughter on the stage, Mrs. Worthington, or at least not on the catwalk. Being a model is one of the 20 worst paying jobs in America, according to the U.S. Bureau of Labor Statistics’ annual treasure trove of employment facts and figures, the Occupational Employment Statistics.
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