Don Emilio Botín, undisputed Capo of Spanish banking, died. He’d transformed a regional bank into Grupo Santander, one of the world’s biggest baddest megabanks. Now the true owners are getting nervous.
German consumers are supposed to save the Eurozone – and the global economy – but economic expectations “completely collapsed” last month and now dropped again.
Obscured by stock market hoopla, and under the leadership of our fearless Treasury Secretary Jack Lew, the G-20 finance honchos fret about faltering global growth.
By birth I am English, with Scottish and Welsh ancestry. I like that our cultures are rich, intertwined, yet different. But if I were Scottish and had the opportunity to escape the politics of Westminster, I’d vote for independence in a heartbeat.