19
Abr

El FMI advierte a Trump del coste de la desregulación financiera

El Fondo señala que “las primas de riesgo y las volatilidad podrían dispararse” si las reformas anunciadas no se llevan a cabo

19
Abr

The markets adjust their Brexit calculations

SOMETIMES the markets are genuinely surprised. On the morning of April 18th, news that the British prime minister was to make an announcement at 11.15am caused the pound to dip. What could the news be? Retirement due to ill health? Several pundits went on Twitter to proclaim their belief that it would not be an early election; after all, Theresa May, the prime minister, has said repeatedly that the poll would not occur until 2020. But the news was indeed that an election will happen on June 8th. The pound then stormed higher and is now more than $1.28, around its strongest level this year (but well below the $1.50 touched on the day of the Brexit referendum).

So what explains the switcharound? The hope is that the election will lead to a softer Brexit result and thus be better news for the British economy. Deutsche Bank, previously bearish on sterling, was the most prominent convert to this view.

First, it makes the deadline to deliver a “clean” Brexit, without a lengthy transitional arrangement, by 2019 far less pressing given that no general election will be due the year after. Second, it will dilute the influence of MPs pushing for hard Brexit, strengthening the government’s…Continue reading

19
Abr

Guindos advierte a la banca: “La inseguridad hipotecaria no la ha creado el Gobierno”

El ministro dice al sector que «si no se atajan los problemas, siempre vuelven” y rechaza cualquier intervención pública en la crisis del Popular

19
Abr

La cantera del BBVA domina la banca española

Sánchez-Asiaín, consejero delegado de Popular, trabajó en el banco vasco, como otros altos cargos de Bankia, Santander y Sabadell

19
Abr

¿Qué países del mundo crecerán más en 2017? ¿Y menos?

Según las previsiones del FMI, Libia sera la economía que mejorará más su PIB (53,7%), mientras que España, la mejor entre las desarrolladas, se queda en el puesto global 115

18
Abr

El Banco Mundial pide a América Latina que evite la tentación de disparar el gasto

El organismo recomienda que se aproveche el nuevo ciclo expansivo para ahorrar

18
Abr

La deuda pública aumenta en febrero en 3.318 millones

Los pasivos de la Administración se sitúan en los 1,118 billones, el 99,69% del PIB

18
Abr

La italiana Atlantia sopesa una opa sobre Abertis

La CNMV suspende la cotización de la empresa española de infraestructuras

18
Abr

New York may require Uber to provide an option to leave a tip

UBER has many virtues. The ride-hailing app has disrupted the cosy taxi cartels that care little for customers; it has made travel around cities cheaper, more convenient and reliable; and it has called into question the notion that taxi drivers must be tipped simply for doing their job. Sadly, a proposal in New York might pose a serious threat to the last of these qualities.

Currently, Uber’s smartphone app, which charges users automatically at the end of a journey, does not give the option of adding a tip. But Uber drivers in New York are petitioning officials to force the firm to change this. The chance to add a tip is already standard among many of the firm’s competitors, including Lyft. The city’s Taxi and Limousine Commission is hoping to write this approach into law. It will put forward a formal proposal in July.

Any such change in the rules would be a step back. The New York Times writes that there has “long been confusion” whether or not customers are supposed to tip Uber…Continue reading

18
Abr

BBVA eleva el crecimiento de España al 3% en 2017

La entidad justifica esta revisión al alza en la fortaleza de las exportaciones