Category Archives: Business

Anti-Wall Street Protest In New York – Protesta en contra de Wall Street en Nueva York

In the News (From BBC News): “Several hundred people took part in Saturday’s march, which was intended to draw attention to ‘corporate greed and corrupt politics’ in the US. “Participants carried banners supporting a range of other issues, including healthcare reform, … Continue reading

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European Banks: The Mistrust Grows In Expectation Of The New Wave Of Crisis – Los bancos europeos: Crece la desconfianza en espera de la nueva ola de la crisis

In the News (From economicsnewspaper.com): “Against the background of the debt crisis in Europe is a growing distrust among banks. They borrow less money…. “The mistrust of banks taking each other for the assessment European Central Bank, given the debt crisis … Continue reading

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France’s Richest Say: “Please Tax Us!” – Los ricos de Francia dicen: ¡Por favor que nos cobren impuestos!

In the News (From BBC News): “Some of France’s wealthiest people have called on the government to tackle its deficit by raising taxes – on the rich. Sixteen executives, including Europe’s richest woman, the L’Oreal heiress Liliane Bettencourt, offered in an … Continue reading

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World Bank President: We Are Moving Into A “New And More Dangerous Phase” Of The Crisis – El presidente del Banco Mundial: Estamos en camino a “una nueva y más peligrosa fase” de la crisis

In the News (From Theaustralian.com.au): “The world has moved into a ‘new and more dangerous phase’ of economic uncertainty because of the European sovereign debt crisis, according to World Bank president Robert Zoellick. “Despite decades of fixing problems at the top … Continue reading

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The World Crisis Will Continue To Grow

The world financial crisis expands on a daily basis and nobody among the human society leaders seems to know  what to do in order to correct the system. Everybody pledges for actions to fix the problems but nobody offers specific … Continue reading

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In the words of Davos-Man Klaus Schwab:

“2011 will be a decisive year. We will finally see whether we have learned the lesson or whether we continue to take decisions and behave as if the exuberance of the pre-crisis world would return. It is a year where … Continue reading

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The Prospects Of The Crisis

Question: How do you see the prospects of the world’s stock markets? Answer: I am in no way an economist, so this question should not be addressed to me. I will only say that the world is starting to get tired of … Continue reading

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The West Is Living Beyond Its Means – Occidente está viviendo por encima de sus medios

Opinion: (Philippe Dessertine, Professor of Finance at the University of Paris X-Nanterre and Director of the Institute of High Finance): “Europe continues to tremble. After Ireland, Portugal and Greece, it was the turn of Italy’s third largest economy of the European … Continue reading

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A World Without Money – Un mundo sin dinero

A question I received: Do you really believe in a world without money? As an answer, I’ll post a letter from my long-time American student, Tasha: I work in a financial company, which, until recently, was one of the pillars of … Continue reading

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What Can Replace Money?

Question: Newspapers say that the terrorist who committed a horrible crime in Norway was addicted to cruel computer games and shows about serial killers. Why don’t the people of the world understand such a small, trivial concept that modern media is … Continue reading

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