
DON’T look now, but after years of lingering on the brink of (or in) deflation, rich economies are heading in a different direction. Inflation is rising, and a handful of economy watchers are worrying that accelerating price increases could «rattle global markets», as Mike Bird of the Wall Street Journal writes:
Rich-country government-bond prices tumbled Thursday, sending yields up on both sides of the Atlantic to levels not seen since the U.K.’s vote to exit from the European Union in June. In the U.S., the yield on the 10-year U.S. Treasury note surged as high as 1.847%, according to Tradeweb, its highest level in four months. Yields rise as bond prices fall. The German bund’s yield rose about 0.07 percentage point to 0.161% and the 10-year U.K. gilt yield was up about 0.10 percentage point to 1.259%, according to Tradeweb.
The rising yields are the latest sign that investors are bracing for what could be an epic shift across markets. In recent years, falling commodities, meager wage rises and insipid economic growth kept prices low and pushed investors into…Continue reading
Durante los meses de verano se han creado 226.500 puestos de trabajo
Incluso cuando la situación económica permite acceder a una vivienda en propiedad, arrendarla también ofrece ventajas
Abanca obtuvo un beneficio neto de 267 millones de euros en los nueves primeros meses del año, un 0,4 % más que en el mismo periodo de 2015, ha informado la entidad en un comunicado. Leer
La operación debe recibir el visto bueno de los socios de la eurozona. Leer
La integración del británico TSB, culminada en junio de 2015, condiciona la comparativa frente al pasado ejercicio. Leer
Apenas generará beneficio, teniendo en cuenta las pérdidas esperadas pendientes de reconocer en el último trimestre. Leer
Contabilizará gastos de explotación extraordinarios por 125 millones ligados al plan de bajas voluntarias que va a poner en marcha. Leer

ONE thing right-wing populists and left-wing progressives can agree on is that society is too soft on white-collar crime. Conservatives abandon their admiration for business when it comes to “crooked bankers”. Left-wingers forget their qualms if locking up “corporate evil-doers”. Hillary Clinton’s line that “there should be no bank too big to fail but no individual too big to jail” would go down equally well at a Donald Trump rally.
But is society really soft on corporate wrongdoing? And would locking up bankers and businessmen and throwing away the key really solve any problems? Two new books try to inject reason and evidence into a discussion more commonly driven by emotion and hearsay: “Why They Do It: Inside the Mind of the White Collar Criminal” by Eugene Soltes, of Harvard Business School, and “Capital Offenses: Business Crime and Punishment in America’s Corporate Age” by Samuel Buell, the lead prosecutor in the Enron case, who now teaches at Duke University.
Messrs Soltes and Buell both demonstrate that America is getting tougher on business crime. Between 2002 and 2007 federal prosecutors convicted more than 200…Continue reading