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The Club Med President Shows His Colours
Mario Draghi ECB
Despite the stern, father-like posturing of the new Italian president of the European Central Bank, Mario Draghi, it’s clear that he is going to be much more amenable to pressure from governments of the 17 Eurozone member-nations to implement loose-money policies than his predecessor. [Read more…]
Northern Lights by Christian Mulhauser
This is the work of Christian Mulhauser
“Last week I was again in Norway for shooting northern lights. This time I was very lucky, there was a lot of activity on the sky especially on the 24 January. The scenes are from Ravnastua, Skoganvarre and Lakselv. The first two days I had a lot of trouble with frozen Cameras. It was -25°C (-13°F) and after 1-2 hours of shooting the lens was frozen.” [Read more…]
Spain Still Reigns For FX
Whilst Spain remains the most popular destination in terms of volume of currency transactions in 2011, interestingly, the UK takes second place with 18% of transactions according to the latest data compiled by FX specialist, Currency Index.
Almost a quarter of all FX transactions in 2011 (24.99%) were sent to Spain, unsurprising given the country’s appeal as a top holiday and second home destination. However, while France took the third spot with 14.83% of all transactions followed by the US in fourth place at 9.01%, one of the most surprising results was the volume of transactions sent to the UK last year. [Read more…]
Living in Denmark
Despite tough talk by Ms. Thorning-Schmidt and her predecessor about the need to get Denmark’s financial house in order, the country’s welfare and benefits systems remain among the world’s most generous. Government spending accounts for about half of gross domestic product and few Danes complain about a top income tax rate of about 50 percent that finances unemployment, pensions, health care and other benefits. The constitution even guarantees Danes the right to work and to receive public assistance if they stumble.
Social Safety is a post from: Denmark in One
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