Economy

The cheers rang long and loud around Valencia’s Mestalla Stadium as fans celebrated Hugo Guillamon’s late equaliser against Barcelona in their final home match before La Liga’s Christmas break.Four kilometres away, on the other side of Valencia’s old city centre, all was quiet around the site of the Nou Mestalla — where the club’s half-built new home has sat untouched for the past 15 years.Through all that time, one of La Liga’s most storied clubs has found itself stuck in this bizarre situation — unable to raise the money to finish a modern new ground, unable to sell its historic…

For individuals residing in the United Kingdom, Panama has emerged as a popular choice for forming offshore company given its advantageous legal structure, taxation policies, and prime geographical position. These aspects facilitate the establishment of enterprises in Panama with the ability to conduct business effectively across various nations.Traits and advantages of a offshore companyA offshore company is a business entity incorporated in a specific country while operating in another jurisdiction. This arrangement offers a range of attractive benefits such as safeguarding assets, confidentiality, and significant tax efficiencies for its proprietors.Foreign entrepreneurs seeking global business expansion opportunities may find great value…

When Thomas Wong set foot in the United States Embassy in Beijing this summer for a new diplomatic posting, it was vindication after years of battling the State Department over a perceived intelligence threat — himself.Diplomatic Security officers had informed him when he joined the foreign service more than a decade ago that they were banning him from working in China. In a letter, he said, they wrongly cited the vague potential for undue “foreign preference” and suggested he could be vulnerable to “foreign influence.”Mr. Wong had become a U.S. diplomat thinking that China was where he could have the…

The Babynova fertility clinic located in Bogota, Colombia, offers couples of women in British Columbia who wish to start a family the opportunity to make it a reality through the ROPA method. This special assisted reproduction technique, also known as "Reception of Oocytes from Partner", allows both women to be active participants in the conception and gestation of their child, since they share the genetic material and create the unique bond with their baby. What is the ROPA method? The ROPA method is based on a process of in vitro fertilization (IVF) with some particularities that make it ideal for…

Panama, known for its natural beauty and thriving economy, has become an attractive destination for international real estate investors. One of the most prominent projects is Ocean Reef Islands, a private residential community located in the heart of Panama City. Comprising two stunning islands, Island I and Island II, connected by an elegant bridge, this Panama real estate project offers a unique experience that combines island living with all the modern conveniences, if you live in United Kingdom. Island living a stone's throw from the heart of Panama City Ocean Reef Islands proudly presents a unique opportunity for residents to…

It has been a confusing year for the economy and markets. At the start of 2023, economists largely predicted a global recession, and Wall Street was bearish on stocks, with many analysts expecting the S&P 500 to finish the year just a touch higher than where it started. Fast-forward 12 months: No recession (yet) and the S&P 500 is tantalizingly close to a record high.Here are 11 charts that help explain how we got here.Inflation and its ripple effectsCentral bankers around the world continued an aggressive campaign of interest rate increases in 2023, raising policy rates in an effort to…