Amanda Bonds

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The economic case against extended maternity leave

Time off with a new baby is sweet and so valuable for the family, but does it benefit society too?<p>Not nearly as much as some proponents suggest—and especially not if mothers take longer maternity leaves, according to new research conducted jointly by economics professors in the UK, US, and Norway. …

Economics

Looking for signs of life, however faint, amid the euro zone’s gloom

The European Commission’s latest economic forecast is sobering reading for anyone who thinks the euro-zone economy is turning the corner. The commission has steadily trimmed its forecasts for GDP growth (see chart above); two years ago, it thought the 17 countries of the euro area would …

European Union

Spain has cut its exorbitant Christmas spending by over 40% since 2008

The past few years have been tough for Spain, and Christmas-time is no exception.<p>Spending during the holiday season is expected to fall this year by 11.5%, according to Fuci, the Federation of Independent users and consumers (link in Spanish). “This report serves as a picture of the current …

Labor Economics

Germany doesn’t care if everyone hates its export model

Germany’s economic model has been getting rotten tomatoes thrown at it from all angles lately. Late last month, an official US Treasury Department report criticized German unwillingness to boost domestic spending to support demand within Europe’s largest economy. When German officials protested, …

German Economy

Think the government shutdown doesn't impact you? Think again

Unless you're a very healthy rich person who lives in a cave, the government shutdown affects you and should make you mad<p>Human puff-adder Bill Kristol drolly noted on Morning Joe this week that the shutdown is not "the end of the world". The Huffington Post's Sam Stein snapped back, "For these …

Brazilian President Dilma Rousseff 'proud' of protests

http://vod-pro-ww-live.akamaized.net/mps_h264_hi/public/news/world/987000/987767_h264_1500k.mp4?__gda__=1522333961_d0af19866c466cee6b9aa1448b4a9dcc<p><b>Brazilian President Dilma Rousseff has said she is proud of the tens of thousands of people who have taken to the streets to demand better education,</b> …

Brazil

Latest House bid fails as bitter back-and-forth over government shutdown rages

While up to 800,000 federal workers faced life without a paycheck as Day One of the government shutdown kicked in, Democrats and Republicans persisted in talking past each other without actually talking to each other to end the nation's latest fiscal crisis.<p>The Republican-led House offered its …

Does the Government Shutdown Make a Debt Ceiling Crisis More Likely?

Markets don't think the shutdown will get hostage-taking out of the Republicans' system