EU Money To Stop African Migrants? The latest European plan is a sign of despair or stupidity
WASHINGTON – The EU-Africa Summit just held in Malta was supposed to lead to some kind of understanding between...
Tag: Spain
More And More Africans Flowing Into Europe No way to stop this wave. Unskilled immigrants do not contribute to the economy
WASHINGTON – High minded European media chastise both EU governments and segments of public opinion for their myopic and...
Steady Inflow Of Poor Immigrants A Huge Problem For Italy The inflow is not a flood. But it will not stop. Poor people require services
WASHINGTON – Compared to the chaos caused by floods of Syrian refugees trying to find shelter in Lebanon, Turkey or Jordan, the numbers...
Greek Crisis Aside, Most Of Europe Is In Decline Italy and Spain are doing poorly, yet analysts talk about theiur comeback
WASHINGTON – With all the excitement surrounding the Greek debt farce, (yes, it is mostly a farce), most observers are...
The Financial Times Paints Rosy Picture Of Spain’s Economic Tragedy A recent story focused on higher economic growth. It deliberately downplays Spain's 24% unemployment rate
WASHINGTON – The Financial Times is read by top executives and business leaders. And this is because supposedly it is...
With Luck, In A Few Years Spain’s Unemployment Rate Will Go Below 20% In the "New Normal" of the economic decline affecting Southern Europe, this is good news
WASHINGTON – Talk about beating low expectations. Luis de Guindos, Spanish Minister of the Economy and Competitiveness, recently reported that...
With The Elections Now Behind US, What Will The US Do About Serious Fiscal Reform? Obama Did Not Produce Any Clear Plan During The Campaign – Bending The Spending Curve Requires Spending Cuts That The President Promised He Would Fight Against
By Paolo von Schirach November 9, 2012 WASHINGTON – President Obama got re-elected in large part because...
“The Economist” Hopes That Xi Jinping Will Lead A Process Of Radical Political Reforms In China – Great Idea, But This Looks Highly Unlikely
By Paolo von Schirach October 27, 2012 WASHINGTON – Autocrats would rarely initiate by their own free...
Spanish Banks Get $ 125 Billion EU Bailout – But Investors Bet Against Spanish Debt – Yield On 10 Year Spanish Bonds Reach Historic High
By Paolo von Schirach June 12, 2012 WASHINGTON – Spain finally agreed to get a hefty $...
After ECB Liquidity Injections And Fiscal Reform Agreement, Europe Is Looking Much Better – But Systemic Economic Weakness For Greece, Italy And Spain Remains Unchanged
By Paolo von Schirach March 3, 2012 WASHINGTON – A European summit without the pressure of another...