Predictably, the playpen was full of straw and dry debris, and the heat was scorching. Now no one knows how to put it out because there is very little water in that house, just a few buckets that are committed to the garden to save some of the meagre harvest. The surrounding neighbours have wells, but they have never given them permission to draw a drop of water from them. And not because they are bad people or unsupportive, no, but because their respective harvests, and therefore their survival, also depend on what is left in those wells, which is rather little. The drought that has been ravaging the region for the past five years is already taking a cruel toll on the well-being of families in this increasingly poor area on the outskirts of the big city. (more…)
La rima es fácil. Pero no existe ninguna animadversión hacia ese pueblo, ni mucho menos, ya que lo ocurrido en Chipre sería comparable con lo acontecido en el resto de la periferia del sur de la Eurozona. Las circunstancias y las rimas de un griego, italiano, español o portugués son distintas, pero los paralelismos son innegables, e 
It seems that the world is divided between those who save and those who don’t. But many of those who claim to live from hand to mouth do, at some point in their lives (mostly in middle age) and despite the hardships of this crisis, tend to put a little money aside for their old age or for an uncertain future. However, most of these forward-thinking people have never considered themselves investors, but simply savers. Warren Buffett said that Investing means spending less today so that we can spend more in the future, and he hit the nail on the head, as he almost always does. 
Despite being the closest member of the BRICs, the Russian economy is still largely unknown to Spanish investors. However, we are already beginning to see its inhabitants travelling en masse around the world. And little by little we are becoming familiar with their appearance and language, because more and more Russian tourism is flooding the Mediterranean coasts from the Turkish Riviera to the Costa Brava. Restaurant menus in the Cyrillic alphabet are now quite common, and this is a clear sign that their roubles are beginning to make a substantial contribution to the balance sheets of our companies. 
Most investors care little about what might have happened. They only value and rate the quality of their bets by the final outcome. In other words, often without realising it, they subscribe to the old saying: “all's well that ends well”.
Most of you will no doubt remember the famous Spanish film entitled “