Spain grows

Update: The FED cuts interest rates 50 basis points to 3%. The bags reacted to the hike and then finish in the red. I do not hear about anything ...

Leo amazed and a rompemitos is that the average height of the Spaniards has increased in recent years to spread to most Europeans. Now we measure averaged 1.77 inches for men and 1.64 for women. We still have a lot to reach the Tutsis who are, of the human race higher, but we have a good rhythm, just take a look at the movies 30 years ago and see how our stars were Alfredo Landa and Fernando Estes .

But come the spoilers of the IMF and tell us they foresee that grow at slower pace in the last 5 years.

The International Monetary Fund (IMF) has cut its forecasts for world economic growth by "tension" and "uncertainty" that sticking to the financial markets. The organization has reduced its forecasts for U.S. and Europe to locate the progress of their economies at 1.5% and 1.6% respectively. The IMF believes that the emerging so far have resisted, and that China has not wavered.

Given these data suggest that recession (negative GDP growth), in The Economist are wondering again how we can avoid a recession? Back where they always look to the FED will meet today to see it done with rate cuts after the by surprise so brutal it made last week. The question is not whether or not it will go down, if not how much the drop, initially had hoped and wished that were 50 basis points but more and more voices who believe in 25 points and left and an ace up its sleeve for when you have that return to kneel before the bags.

The truth is that this is a picture far less curious as recession, but there have not been starting to feel and this is true, we look at the numbers and are all positive sign, as discussed in the previous link: What is is perceived to be more aware of the value of money, it is cutting some other costs that are redundant or what it looks cheap. A clear example of what we see in the new houses takes up to three years to sell.

We can not talk about mild slowdown, what is happening in the sector is a sharp fall in any rule, "said the chief executive of the consulting and marketing group i, Ignacio Pinda.

Therefore, today at 20:15 will have to stop watching TV to tune to the EDF and see he does with interest rates.

Written by Carlos Lopez on Jan. 30, 2008 with 333 comments
Read more articles on Euribor.