Spain is home to more than 750,000 Romanians, of which only 230,000 pay into Social Security. Yet little is known about them. In spite of the demand for a workforce in Romania and the moratorium on the hiring of Romanian citizens in Spain, it is not expected that the Romanian residents will return to their country.
Corruption, insecurity, inflation, lack of freedoms and political assassinations overwhelm the country
The region is going to speed up its internal transformation
How to soften the effects of the international economic crisis in Latin America
The crisis sweeping the financial markets, epicentered in Wall Street, is bringing both fear and opportunities to the countries of South America. The author states that the trade agreement between Mercosur and the State of Israel is a step forward. The challenge lies in creating policies that soften the effects of this global crisis.
Why Latin America must not do “more of the same”
The crisis is situational. It was the modest home buyer’s fault. The problem was caused by easy-to-fix technical errors. We must listen to the credit rating agencies so that what occurred on Wall Street will not happen in Latin America. The top executives also lost, because their stocks fell. With small tweaks to the model, everything can be fixed.
Lessons from a business that is less profitable, but safer and more ethical
How to apply “scientific socialism” to a market that does not regulate itself
China is an infinitely complex country, where poverty coexists with the most daring and sophisticated demonstrations of progress. But, the author states, despite its historical violent lurches, the CCP is spearheading a peerless economic and social experiment.
Understand the general conclusions of the economic summit in Washington
With the overblown headlines and triumphant images having just faded away, it is necessary to analyze in detail the general strategy and tactical work plan to come out of the global summit held to calm the financial chaos and the global recession.
How the crisis that began in Wall Street will affect the continent, country by country
Latin American pensions have lost between 15 to 20 percent of their value. Income from the exportation of raw materials is shrinking. SME’s are having difficulties accessing new markets. Layoffs are occurring left and right. In spite of governmental efforts, the world crisis will continue to swallow up Latin America’s achievements.
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Sindication
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The drop in the price of oil is threatening Venezuela’s internal stability: for every ten dollars that it drops, Caracas will lose five billion dollars each year, which will bring the country to bankruptcy.
Asia-Pacific is the region in which the United States’ ability to face up to its greatest geopolitical challenge will be made clear; it is there where the desire to strengthen a multipolar order expected to weaken the hegemonic American condition can be most intensely felt.
While the year 2008 will be remembered as an annus horribilis for the principal Western banking entities, the so-called Islamic banks will close out the year with it being of the best in their short history. Read on to discover why.
