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1 Article
Source: CBS News

Experts: Puerto Rico may face a decade of economic troubles

18-Nov-2017

Puerto Rico could face more than a decade of further economic stagnation and a steep drop in population as a result of Hurricane Maria, experts said on Thursday.

Before Hurricane Maria hit, Puerto Rico was trying to restructure a portion of its $73 billion public debt load amid a deep economic crisis that has prompted an exodus of nearly half a million people in the past decade. That migration will only accelerate because of post-hurricane conditions, with an estimated population of 2.8 million people by 2030, compared with the current 3.4 million, said economist Jose Villamil.

1 Article
Source: New York Times

How to Profit From Time Warner’s Troubles

Saturday 20:01 GMT

Figuring out these probabilities involves several factors: computing the price that AT&T would pay for Time Warner in a completed merger, which depends, in part, on where AT&T’s own price stands at that moment; assessing Time Warner’s value without a merger of any kind; and comparing those numbers with Time Warner’s current price.

Since the Trump administration began sending out signals that the Time Warner-AT&T merger was facing close scrutiny, Time Warner’s high-flying share price has fallen to earth.

1 Article
Source: New York Times

Merkel’s Troubles May Spell Trouble for All of Europe

Wednesday 20:03 GMT

Mr. Macron has audacity, but he is too new and viewed too skeptically by other leaders, including those from Central Europe, to actually “lead Europe,” if Europe can in fact be led. “Even if weakened inside, Merkel had great authority outside of Germany, and a style that lent itself well to coalition building,” said Mark Leonard, the director of the European Council on Foreign Relations.

Devout supporters of the British exit from the European Union — known as Brexit — saw Ms. Merkel’s troubles as helping their cause — “the political weakness of the strongest E.U. state makes our negotiating position stronger,” said Jacob Rees-Mogg, a Conservative member of Parliament.


“Four hostile newspapers are more to be feared than a thousand bayonets...” ― Napoléon Bonaparte