El 25% más pobre carga con más deudas que activos, según los datos del Banco de España
El 25% más pobre carga con más deudas que activos, según los datos del Banco de España
A leading economist has issued stark warnings about the Trump era and its impact on the American and global economy. We ask if the new President’s monetary policy is likely to succeed or fail. And with Trump being an economic populist, what will be his attitude to The Fed?
Rajoy asegura que la rebaja pretende «mejorar la competitividad» de los aeropuertos y mantener la pujanza del sector turístico
El presidente de la mayor gestora de fondos del mundo envía una carta a los directivos de las mayores compañías advirtiéndoles del nuevo escenario

MARKETS are always full of surprises. In the run-up to the Presidential election, many investors were nervous about the possibility of a Trump victory. But on the night of the results, there was a dramatic turnaround. Within a few weeks, the market capitalisation of global equities had risen by $3trn and that of government bonds had fallen by the same amount. Markets were betting on “Trump lite”—that his tax cuts and infrastructure spending would be pushed through boosting growth and possibly inflation. By contrast, they downplayed the other “Donnie Darko” element of his policies—his threats to tear up trade agreements and heighten geopolitical risk in the middle east and Asia.
So far, however, we have seen more of Donnie Darko than Trump lite. First there was his “I have a nightmare” inauguration speech with its references to “American carnage” and protection. Then there were his early actions…Continue reading
Los ingresos de los españoles de menor edad descendieron un 22,5% entre 2011 y 2014. Para los jubilados aumentan un 11,3%, según el Banco de España
La constructora espera ingresar 336 millones de euros con la venta del 2,5% de acciones que aún tenía en la empresa catalana

DESPITE what doting parents claim, babies are mostly generic-looking. It sometimes takes Gulliver an embarrassing length of time to pick out his own child in old baby-group photos. He certainly wouldn’t recognise her from her passport picture aged four months.
Now she is five, with recognisable facial features, she will shortly have to renew her passport. Snapping the new likeness should be easier than the first time around, when it involved a schlep to a photography shop, and several attempts to get her facing the right way, head up, with Mrs Gulliver’s supporting hands nowhere in shot. In fact she won’t even have to leave the house. The passport office has confirmed that it will now accept photos taken on mobile phones when Brits renew their passports online. (Those applying for their first passports still have to have physical photos countersigned by a professional acquaintance to vouch for their likeness.)
The change should be welcomed. The whole process of renewing a British passport has become easier since the introduction of online applications last year. Two main objections have been raised, though. The…Continue reading
China’s President has addressed the World Economic Forum, the first Chinese head of state to do so. We assess his message to Donald Trump. Plus the author of the “Second Machine Age” Erik Brynjolfsson on why governments are failing to address the downsides of automation. And Harvard’s Ken Rogoff examines the The Curse of Cash and why reducing our dependency on it might be a good thing.