NEW YORK | Can a government compel citizens to purchase basic health insurance? For President Obama, it should, indeed. For all Republican candidates, this would be a clear violation of individual rights. The US Supreme Court agreed on Monday to take up the case of President Barack Obama’s landmark health care reform in March. By June, the nation’s 9 top justices -viewed as one of the most conservative benches in…
By Jacobo de Regoyos, in Brussels | The financial roulette russe has become a variable-geometry argument that serves both to justify an intergovernmental Europe and a federal Europe at the same time. Among the latter, we’d find most of EU officials, especially the president of the European Commission Durao Barroso, who believes that the EU must complete its monetary union with a real economic union. Yet, Barroso opposes the Franco-German…
LONDON | After as many students as police officers on Wednesday ran through the British capital’s central postcodes complaining against tuition fees, we were left wondering that perhaps future and present university pupils aren’t exactly worried about the financial effort necessary to access higher education. The less than 4,000 protesters sought to convince the Liberal-Democrat and Conservative Coalition government led by David Cameron to reverse the trend of increasing costs…
As reported in El Mundo, the company resulting from the merger of British Airways and Iberia, IAG, has signed a preliminary agreement to buy the British subsidiary of Lufthansa BMI, the second largest airline at Heathrow airport, according to the company’s statement in the presentation of results, in which it earned €365 million up to September. If the deal goes through it will, says IAG’s chief executive Willie Walsh, “expand our…
As reported in El Mundo, the company resulting from the merger of British Airways and Iberia, IAG, has signed a preliminary agreement to buy the British subsidiary of Lufthansa BMI, the second largest airline at Heathrow airport, according to the company’s statement in the presentation of results, in which it earned €365 million up to September. If the deal goes through it will, says IAG’s chief executive Willie Walsh, “expand our…
France and Germany, the two core economies in Europe, need a correction like the rest of the eurozone countries. The French prime Minister Françoise Fillon on Sunday announced the second adjustment plan in four months, “ the most rigorous since year 1945”, whose aim is to obtain between six to eight additional billion euros. On the other hand, Angela Merkel confirmed that the German will benefit from a tax cut…
Six European nations have made their economic way into this year’s Top 10 Properity Index, a worldwide assessment of wealth and quality of life, although only two of them belong to the European Monetary Union. Out of 110 countries, Norway and Denmark lead the rankings, ahead of Germany (15) and France (18). The Legatum Prosperity Index provides the world’s only global assessment of national prosperity based on both private and public finance,…
According to surveys that JP Morgan analysts have carried out for their investors, this is what the Greeks believe at this moment: Impact of Europe summit in Greece: 44% negative; 15% likely to be negative; 36% positive or probably positive. The agreement is a great loss of sovereignty for Greece: 49% Greece should stay within the Euro: 73% Greece should return to the Drachma: Less than 20% The agreement with Europe should be approved by: absolute majority…