The recovery of the U.S. economy had appeared to achieve a breakthrough in the final quarter of 2013. The economy grew at an annual pace of 3.2 percent in the last quarter. But the economy contracted again the first quarter of this year. This weak recovery implies that more jobs have been lost in the […]
Is Spain Better than a AAA Rate?
For the first time since the beginning of the crisis, the Spanish government faces lower borrowing costs that the U.S. …