Noticias
Exconsejeros de Caja Madrid: Las ‘black’ “eran un sueldo para gastarlo de forma adecuada”
Exconsejeros de la entidad no aclaran por qué había un control sobre sus gastos con las tarjetas si eran su retribución
OHL gana un 93% menos por las devaluaciones y los proyectos fallidos
El grupo de Villar Mir acusa las provisiones por un hospital de Montreal y el cercanías Móstoles-Navalcarnero
Hermoso Armada abandona el consejo de El Corte Inglés
El cese, también en el patronato de la Fundación Areces, obedece a razones personales. Leer
How worrying is the global market reaction to the American election?
IT HAS not yet been a week since Americans elected Donald Trump their next president, and already there is a lot to digest. While Mr Trump’s initial personnel decisions deserve plenty of scrutiny, the global market reaction to the election also demands attention.
This morning, the decline in bond prices that began last week continued. In America, the 10-year government bond yield rose above 2.26%, the highest level since the end of 2015, while the 30-year bond yield reached 3%. Treasuries are faring worse than many other bonds, however. Yields are going up nearly everywhere, but emerging markets and the euro-area periphery are experiencing especially large moves. (It is, as my colleague Buttonwood quipped on Twitter, a «Trump tantrum».) What is happening here, and why?
The conventional wisdom is that markets are pricing in an expected move toward expansionary policy in America. Mr Trump is expected to cut taxes dramatically, increasing the American budget deficit, while also spending more on infrastructure and defence. That boost is coming at a time when America’s economy, while still…Continue reading
ACS redujo su deuda casi en una tercera parte en el último año
La ventas del grupo cayeron un 7% pero se mantuvo el beneficio neto en los nueve primeros meses
Caja Madrid: Las ‘black’ “era un sueldo”, pero para gastarlo “de forma adecuada”
Exconsejeros de la entidad no aclaran por qué había un control sobre sus gastos con las tarjetas si eran su retribución
A Trump presidency probably spells bad news for America’s travel industry
OVER the weekend a United Airlines pilot was forced to leave his cockpit in order to mediate between fighting passengers, after a disagreement over the virtues of Donald Trump turned nasty. In today’s world that amounts to a non-story: people lose their senses on aircraft all the time. But it feels prescient to read that a Trump presidency is already disrupting travel. Many in the industry worry what effect his policies might have beyond an increase in the number of tetchy flyers.
So what will a Trump administration mean for American tourism? As with many things about the next four years, uncertainty abounds. Much will depend on the extent to which Mr Trump keeps his pre-presidential word.
Some of his pledges would clearly create problems for the industry. If he were, for example, to implement a ban on Muslims entering the United States—which he vowed to do on his first day in office, and which he could enact