Tag: financial

Spain’s Unemployment Rate Rises Full Percentage Point to Record 27.2%; Unemployment Tops 6.2 Million
April 25, 2013 0

Spain’s Unemployment Rate Rises Full Percentage Point to Record 27.2%; Unemployment Tops 6.2 Million

By News Desk

Spain’s Unemployment Rate Rises Full Percentage Point to Record 27.2%; Unemployment Tops 6.2 Million Spain’s budget deficits are out of control, home prices are still falling, GDP is down 2% annualized in the first quarter , production is down, the unemployment rate soared a full percentage point to 27.16%, and a record 6.2 million are out of work. Here are some stats from Spain’s National Statistics Office as noted in the Financial Times . Almost 240,000 people lost their jobs in the first three months of the year.

Minister of Spain’s Housing Board Cites "Mortgage Scam, Illegal Evictions" Calls for Mortgage Debt Reduction
April 21, 2013 0

Minister of Spain’s Housing Board Cites "Mortgage Scam, Illegal Evictions" Calls for Mortgage Debt Reduction

By News Desk

The Minister of Public Works and Housing of the Government of Andalusia, Elena Cortes Jimenez, advocates a Reduction in Mortgage Debt for All Spanish Families . Here is a Mish-modified synopsis. Elena Cortes Jimenez, Minister of Public Works, claims eviction proceedings lead to further drying of mortgage lending, making it harder for young people to access home ownership

Wine Country Conference Speaker Slides and Videos; Hussman: "An Unstable Equilibrium "
April 19, 2013 0

Wine Country Conference Speaker Slides and Videos; Hussman: "An Unstable Equilibrium "

By News Desk

I am pleased to announce that the Wine Country Conference speaker presentations, along with the Yahoo! Finance media interviews and associated articles on Advisor Perspectives are now available online at Wine Country Conference Speaker Slides . Additionally, we are releasing an edited video of each of the speaker presentations. John Hussman’s presentation ” An Unstable Equilibrium ” is now available.