Chile is to cut the working week from 45 to 40 hours — a stark contrast to the 48 hours of toil across the rest of Latin America. From four-day weeks to remote work, DW...
Spain’s parliament approved the government’s labor reform by a margin of just one vote — a vote the opposition said came from one of its members by mistake. A single vote, allegedly cast in error,...
The debt of US nonfinancial businesses had already surged in recent years, but when the Pandemic hit, businesses went on a borrowing binge as the Fed has repressed interest rates to record lows even for...
In case anyone was wondering, the title of this edition of Economic Insights is a misquotation from the C19 English poet Robert Browning and constitutes, therefore, a literary upgrade to the previous edition’s self-indulgent punning...
As global temperatures rise, warm-weather crops like apples and pears are feeling the heat. While the climate shows no signs of cooling down, farmers in Spain are looking for ways to adapt — starting in...
Overview: Weaker data from China coupled with pressure on the European periphery is weighing on sentiment after yesterday’s retreat in US stocks saw the S&P 500 again retreat below the 200-day moving average. Chinese shares...
Many observers continue to tout Italian risks as the greatest in the euro area into the year end. The constitutional referendum that would emasculate the Senate, and end the perfect bicameralism that has contributed to...
With Brexit, the pressure on Italian banks, and the surge and then sell-off in the yen, Spain may have been pushed off some investors’ radar screens. There are three important developments to note. The first...
Deflation is portrayed as the great economic scourge. It exacerbates debt servicing costs and encourages consumers to defer purchases. Central banks in Japan and Europe have responded with aggressive, unorthodox measures, often combining asset purchase...
Latest government figures show that jobless numbers are steadily dropping in Spain. But the country still has the second highest unemployment rate in the eurozone – behind Greece. The Spanish Labor Ministry said on Thursday...
Spain woke up to the surprise of King Juan Carlos abdication recently, after his almost 40 years in power and a number of corruption scandals over the last few years. His son Felipe seems to...
Spain’s government has presented its most pain-free budget in many years, banking on a nascent economic recovery gathering steam in 2014. Nevertheless, Prime Minister Rajoy still needs to dole out some bitter pills. Based on...
