Category Archives: Spain

US family net worth drops to 1990s level; Why Spanish bailout won’t work; New education ends rote, cursive; India realty cos sit on debt mountain

1 Family net worths drop to 1990s levels (The New York Times) The recent financial crisis left the median American family in 2010 with no more wealth than in the early 1990s, erasing almost two decades of accumulated prosperity, the … Continue reading

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Europe’s young adults struggle for jobs; Thoughts on being a mediocre employee; Messy Spanish rescue; Long may the SMS reign; India: Licence Raj to Resource Raj

1 Europe’s young adults struggle for jobs (San Francisco Chronicle) Europe’s economic crisis has fuelled a spiralling problem of unemployment among young people, with job seekers aged 15-24 more than twice as likely to be out of work as the … Continue reading

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Global implications as India slows; Spanish scare sinks euro; South Africa’s jobs challenge; Mixing milk and sewage water in India; ‘Desperate housewives’ syndrome

1 India economy slows, with global implications (The New York Times) India’s coalition government just celebrated the third anniversary of its tenure with a self-congratulatory banquet that could not have been more poorly timed: India’s currency, the rupee, is falling; … Continue reading

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Putin celebrates disputed win; China defence budget at $106bn; Unemployment haunts Europe; China growth slows; Grim prospects for newspapers

1 Putin celebrates disputed win (BBC) Vladimir Putin and his supporters are celebrating victory in Russian elections, that will give him a third presidential term after spending the last four years as the country’s PM. With more than 99% of … Continue reading

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Corn for ethanol up 280%; In Egypt, power hinges on men; Fiat boss fears for Europe’s future; Skyscrapers and financial crashes; Kodak moment passes

1 Corn use for ethanol goes up 280% (San Francisco Chronicle) Ethanol refiners have increased their consumption of corn 280% since 2005. The fuel additive took more than 40% of the total US crop last year, pushing up corn prices … Continue reading

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