Seven years have passed since the beginning of a global liquidity and real estate crisis that dragged the Spanish economy and real estate market down along with it.
- The summer featured episodes of volatility mainly linked to geopolitical uncertainties. With monetary policy still highly accommodative, we are updating our target asset allocation, which we use to allocate the assets of two portfolios – one in euro, the other in US dollar – among the various asset classes.
- The geopolitical upheavals of recent years partly reflect the lure of greater regional autonomy. At times, this has caused countries to fragment. At the very least, it has least made certain nation-states’ futures much less certain.
These days, the very small hobnob with the very large. Nanotechnologies cohabit with the astronomical distances of space explorations. Small soccer clubs challenge legendary teams. Local news goes global in a click. Small firms grow at a dizzying pace and steal the show from large old-line companies.
- The markets are rebounding somewhat, in part in anticipation of the expected asset purchases by the European Central Bank (ECB). Here we will look at global liquidity, what assets the ECB can purchase, and what this is likely to do for the economy. We conclude that adding liquidity is better than nothing but no substitute for structural reform.
Virtual currencies are used by an increasing number of persons within various communities. Most of them are limited to on-line games for instance, but one has a much wider reach and that is Bitcoin. With this paper we seek to inform those curious about this phenomenon.
In Guangxi in southern China, two conifer species native to the region are in danger of extinction. The project, supported by the IUCN and run by Fauna & Flora International, seeks to boost the natural regeneration of the two species in their natural habitat.