Worldcrunch
At the NATO Summit in The Hague, European leaders are focused on appeasing Donald Trump by heeding his call for increased defense spending, while carefully avoiding any mention of Ukraine. By sidelining the ongoing war on its eastern border, the alliance errs in favor of political caution.
As pressure mounts to divvy up Germany’s largest infrastructure fund in decades, the new chancellor must resist scattershot spending and steer the country toward high-tech transformation.
Germany has finally decided to start spending. Is this going to save its stagnating economy? The new fiscal package is the biggest economic policy test in post-War German history. Now it’s crucial that the government avoids any mistakes.
T’is the season to spend money — but is there a way of lessening the “pain of paying”? Economist Jay L. Zagorsky shares his thoughts — and preference for cold, hard cash.
Governments spent 2.3 trilllion euros on the military, a 6% increase over 2022, the highest growth recorded in over a decade. This is the first time spending jumps were registered on all five continents, and not just countries at war. What does it say about this inflection point in history?
Colombia is a prime example of how overspending and indebtedness leave little room for error, and why it’s important to take a new approach moving forward.
-OpEd- PARIS — Can a leather ball turn into a bubble? After the extravagant sums of money spent by French soccer team Paris Saint-German to sign Brazilian star Neymar Jr, as well as other splurges by British, Spanish and Italian teams this summer, there’s no avoiding the question: Has soccer become a speculative bubble? The […]
More consumer spending in the short term, and a demographic correction over time, but China’s loosening of its birth policies may be most powerful as a symbol.
For the Greek philosopher Diogenes, self-control and self-sufficiency were the essential values. He lived a life with no possessions, except for a cloak, a purse and a barrel made out of clay in which he would sleep. Intrigued, the emperor Alexander The Great went to visit him. “I’m the most powerful man in the world. […]
Six months from kickoff, two economic assessments, pro and con, as the world’s most popular sporting event lands in the ‘B’ of BRICS.
CLARIN (Argentina), EL PAIS, EL DIARIO DE LEON (Spain) Worldcrunch MADRID – Unemployment, rising taxes and falling wages have combined to change the calculus for more and more people in Spain. Increasingly, according to new studies, Spanish households are dealing with the economic crisis by reducing the quality and quantity of foods they eat. According […]
CAIXIN MEDIA, CHINA DAILY (China), BOSTON CONSULTING GROUP (USA) Worldcrunch BEIJING– China’s middle class will triple in the next 10 years, according to a new report by the Boston Consulting Group (BCG). By 2020, it should have 280 million affluent consumers, representing 35% of the country’s consumption and 5% of the world’s total consumption. Photo […]