You might think that Castro would now be seeking economic salvation in the form of an improvement in U.S.-Cuban relations. You would be wrong.
America, the country of “subprimes,” the instigator of crises, is the one that got back on its feet the quickest. It remains to be seen if its new growth is sustainable or if it is simply a result of “anabolic steroids” administered by the Federal Reserve.
The midterm elections in the United States are a thermometer of what might happen in the presidential elections two years from now. The 2014 elections are no exception, and the outlook does not look good for Democratic ambitions to continue to govern due to the fact that it has been very difficult for Barack Obama’s [Read more]
We are facing a series of unilateral actions that are slowly eroding the principles that serve as the base of the predictability of the global economic order ...
Historical experience shows that the dollar index gains considerable strength six to nine months before a change in U.S. interest rates. While a rate increase is currently not expected until mid-2015, the dollar is already making clear gains.
The euro's decline against the dollar has intensified again in recent [Read more]
The economic policies applied in the U.S. are overwhelmingly more effective than the austerity policies in Europe.