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In developing nations, women's earned income is growing at 8.1%, compared to 5.8% for men. Globally, women control nearly $12 trillion of the $18 trillion total overall consumer spending, a figure predicted to rise to $15 trillion by 2014.
Book publishing, advertising, media and even the fashion industry are all located in New York. These are the main industries that are being reshaped and redefined by technology and the Internet.
Given that banks in Europe hold large claims on Greece, if Greece gets in trouble and those claims lose value, the governments of the banks that hold Greek paper are on the hook. This is the link through which contagion propagates.
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